Sunday, February 1, 2015

Have You Noticed How Cheap Petroleum is This Year?

Since The U.S discovered fracking, a way to get petroleum,  the cost of this useful materials are going down.  This discovery has winners and  losers. The losers are Venezuela and Russian for example.  They are consider losers because they are biggerest provider of petroleum of the world. basically now their economies are going down hill, just like the prices for petroleum.  The winners are The U.S., Spain and many other that use their income to buy petroleum.  

You can see this from two different perspectives, first you can it as a conspiracy against enemies of The U.S, or you could see this as an opportunity

The conpiracy-

As many of you know Russia is a strong militar power and their main production is petroleum.  Well, since U.S found franking, it is slowly destroying Russia. Since Russia is losing that money, they will not be able to sustain a war.  Therefore The U.S. has the advantages, but this does not means that Russia will wait patiently wait while their economy goes down.


Many companies and countries buy petroleum because they do not produce it.  Therefore their income is limited.  Since the U.S had created this method, which is very expensive, they can produce petroleum as much as the land can.  This means that the prices for petroleum will be very low and the money will go to them, this means that Russia will have less money than ever before and companies will grow more than before.



  1. Personally i'm pretty glad gas prices are getting cheaper, but it would be nice if we could stop using it all together. Sadly, I think Russia is going to find money for war no matter what, even if its people starve. Hopefully oil will still be cheap once I start driving.

  2. For many people who work have told me how much the price drop has helped them in their financial state. this is the best news so far.

  3. I think this is good that the prices are going down for gas. I agree with Kelly that it would be great if we could stope using gas all together. I am sure these new prices for gas will help and be beneficial to many people.

  4. I don't realize that the prices are going down but still I think that this might be not a bad idea. Even though I don't care that much of the prices of the petroleum because I think that I don't use it.

  5. The decrease in the price of petroleum in the past few months is really awesome, at least for now. The increase in supply of petroleum is the main cause of this lower price; I do not think it is fracking. Like you said, though, the economies petroleum-producing countries are suffering. However, I don't think the problem is now. I think the true problem will come when the prices go back up and market equilibrium is re-established. When that happens, consumers will be mad and producers will be satisfied.

  6. Wow this is really interesting. I'm glad that they have found a way to lower the prices of petroleum. This is also really interesting because of the conspiracy. I believe that Russia would not go down without a fight, unfortunately.

  7. This is pretty interesting. I do think it's good that they lowered the prices of petroleum but at the same time it's not because there will be more traffic.