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  • Oil Price Super Cycles OGFJ2015Nov

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    Article in the OGF Nov 2105

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    Article in the OGF Nov 2105

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    40 views2 pages

    Oil Price Super Cycles OGFJ2015Nov

    Uploaded by

    dercosyst
    Article in the OGF Nov 2105

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    of 2
    2 Oil price super-cycles & EXANINING CYCUCAL SEHAMIOR AND MIOPOINT CHARACTERSTICS * sre ator citing ox S| metcasecieanroemDoigce nepal ecpn thst 9 paca yen ep Srersemttatie ate sete bag die fa Taba Snegnaneecnel eee : Slept Timers oben pean fo | chitosan wenget2? Sonos pagrsicerthr congue heel ath ae i | sernsthamninmpratalSiyac That teen ant ese censor ieee te Te | Sstamimetsyan Comimsson Spin pte aupa bende sane ees enna ees y fthecycclbahrrpegfowardfom — sipercylewhichendedin te 1959 and ocued exactly 9 yes bel hemot oe ‘hecarettinewhewtnempntothe pce rash hat tare tela ea wich iw he ang dust ered fo | speodevesnenipenntmantat Specoesas de bs ‘eaetnteingepeadtbwerpresin Tesi bee the vo pre cashes 8a 201415 sing Ratha E ‘ich lol pel dene re the_ th eee Sn tenon att shan tsien eee & destdaadeor mee bas the OPEC svg rer rill cnt on cal quae pl oe i ‘potter aust pices murs popped up psrbjod vey Behe Demandes ee agrog br fen thedamfthe gee 88}url__ ap enreen demand ad prodacon cpa Ta peu nena cored ecttowsthtbararebendete Eretnet nol pofsatunasaralles unl men ade cece fore | pcecrlefdmeringh andsindar cates occ copecy anc hb oore turscte: Aphtoflfiionadustedan- "Likewise soe prognosis have compere the curent uso he 158 and 208 ‘ulaveageallcesinceispresert- pce cats and num pred Vp ecorery a ocurel inthse ace Ti ‘din igi vthhebagimsngefeach Rot sppetedby pat hin Vshaped eaters he notre moe he percjeematadvithavetialineard pacesupereye Te onl foul cacepin ois was in 91 whch waa we one . thessperqeelengtshowninyers The atbestandeceuredolaferal pies eich er alltime lo pital tema 3 | poitatwhichanewapercyebegnsis tulyexeptonl event The 858 crashoccuredat heendafa superset 3008 Snes as wher thestapet nee pace crash wa wl whi hit hal lth sapere droge pera cexpendng silicosis matt isnowoltn demand andbetedredcion roth Kiva cased lap bythe gbleconosect, reerelioasaWshapércoer the lowes piceattheeniofthesipercjele. Fl: PRAPHOF HISTORICALOILPRCES, INFLATION ADJUSTED TO 2013, ‘Theesipercesedibtefilowing DOLLARS, AND SHOWING THE FIVE COMPLETED HISTORICAL SUPER. charset: (CYCLES AND THEIR DURATION IN YEARS (2015 AVERAGE PRICE EASED + Shap upvardpcespasstthebegn- _ONDATATAROUGH JULY ONY) ringer each auperle Orerteonthoal ope psn ' State sper cy in EDyeamofte ts sie wo peor fe Amd ej pie rah * Precast Ue rae le allowed by pid mcoey she up = vwalsphemaringthebegringstive | etaiper cl g Lowerpicevolizyarddecningral = Pret Inthe second all ofeach super Pretend foreach arepb > | udascatedinesinFgnedeenatng hedectrngrea pe seannthe second 7 | { hnfoteschpeeesiper ee nalsupay “ad tad 1900 19a Toad Reo iPad aan PHO Sesocept fone tones anna pce a te a vastatbestyearafthesiper gle The — i snd peceded sigan US rene ply prodution incon myles et cation fers of veloping need production apa coining wth dered ‘tut, bth curb the igh pres ise is haath tye naitntothe 193eah therexarplesottew athe TO, 1985 and 20161 pene. The IS erhocae ker the 101 Sint discovery which opened the door or Aeelpmentf poll Cons of bls oar preceding, the 198595 bust sient ron OPEC product apy was troupes itch competed wth the Sanfor mt share rial rome lst North Sop the Na Sanand Msc. Inthemos rent tus, sean ana profuciencapsciy ‘uelrSteoure ply dope Tete esos oak ime today bt her lly eae, were spc nag toque move mats om underspyto sips. al jee pie eraser oe socal demand destin, ‘wih abe exanpes beige Gre Depression the eaction Is USpealineconsmpion bog ony Ue adentinin S750 ‘ho CAFE sacdarde wich suppressed dnd inthe US ner thedeeaealinguptothe 585 crc enddenonddminat Frombigherl pices and ower conan owt athe USand Inthe 012 pope Sipe of commode soda mi iced century: Eta sad Gea presen erence of Comma sere whichincae ana feos “Tha ft coroner bog 19 which she be jing ofthe cond al pce supercyeein Fire Howexe {hy poste tha there are on wo pecs aten 1634 a S7hasoppsed omy ypodessoflieesyper

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