How future of oil

How Future of Oil

In recent days oil market has witnessed surge in global oil price. Crude oil went to a two-month high on concern that U.S. refiners will fail to produce enough gasoline to keep up with peak demand this summer.
Short fall in supply of oil from Nigeria and uncertainty on Iranian nuclear issues is already keeping buyers of oil nervous. Delivery in May future hit $68 per barrel, a 20 pct jump from last years $56.5 per barrel, only $2.85 from August 2005 high’s of $70.85.
Since last 3 years oil market has been witnessing a substantial rise in the average price of oil. Last week number of oil analyst and agencies have one again raised their 2006 average forecast price to $63.
US Energy department Data reported that refineries are operating around 86 pct of their capacity. Analyst estimates that during same period last year, plants utilised 94 percent of their capacity. Not to forget that February, March & April are also crucial as all the maintenance work is done during these months.
There is difference of opinion as experts differ on whether the current soaring oil demand will outstrip the current supplies, and how quickly.
But for oil watchers, what could be more concerning is that if the current surging demand from China and India persists then Saudi Arabia, which has a known 25% global oil reserve, may see its oil reserves dwindle in twenty years time. Many leading oil analyst says Saudi Arabia is believed to be forced to over supply http://www.100earningtips.com
The country has the ability to produce 15 million barrels per day. Middle Eastern Oil analyst is of view that if Saudi Arabia produces 15 mbp, the lifespan of Saudi Arabia’s proven oil reserve of 260 billion barrel, 100 billion has already been used and therefore the reserves can be used in our lifetimes.
Meanwhile, last year’s impact of five major hurricane hitting United States of America still has the biting effect on the oil industry. Coastal oil refineries are still fighting to deliver maximum production.
Developing oil sands or natural gas-based diesel fuel is slower and more expensive proposition, though researchers are making every effort to produce an alternate to counter oil price.
US President George W Bush in his one of his State Union address in February, called for intense effort to develop more efficient fuel sources. The US Energy Department and the Agriculture Department spend tens of millions of dollars every year on biomass-based energy research and development. This is in addition to the billions of dollars. More than $4 billion was spent in 2004.The U.S. provides in subsidies for the production of corn, from which most domestically produce ethanol is derived.
Considering how ethanol is produced, corn or sugarcane is grown, harvested and delivered to an ethanol plant. Growing and harvesting the corn and heating the reheating the fermented corn of sugarcane to produce ethanol of a high quality to replace some of the gasoline in car requires enormous amount of energy.
According to researchers, it was found that it takes 30 pct more energy to top make ethanol from corn. Wood biomass takes 55 pct more energy. Swiss grass takes about 50 pct. Ethanol is just highly uneconomical product in the West, as compared in developing countries, also due to low labour wages. It also contributes to air pollution. Cars running on gasoline containing ethanol produce more air pollution than cars running gasoline alone.
Another research work on Pig manure is underway. One pig produces 10 pounds of manure to yield up to 21 gallon of crude oil. Hence, it is estimated manure from America’s 60 million pigs could produce 50 million barrels of oil a year. Framers can earn $10 per pig from manure.
There are all very expensive propositions. The researchers would continue to search for oil alternate, but substitute for oil may still be far away. With current pace of global growth, thirst for economic boom and demand incurring due to population explosion is unending.
I have very few reasons to believe that oil prices will fall to USD 50 per barrel and would rather like to argue that we would continue to see higher oil price trend. Without which search for new oil find could not be met due to high exploration cost. Oil price could also be kept high intentionally, to give investors incentive to explore oil and to developed alternate fuel find which requires billions of Dollars. With growing annual demand for 2 million barrel per day, most of it coming from Asia, one single event that disrupts oil production could send prices sky rocketing. Current demand for global oil is 84 million barrel per day. I expect the oil to trade in a USD 75-80 range in a short span of time. Not long ago talking of oil price averaging USD 60 was a sin. So let us get prepared for the next coming big move

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International trade & the role of china sourcing

International Trade & the Role of China Sourcing

International trade is no longer difficult and has received a good momentum in today’s world. It has become very convenient and generally all the nations are rallying to increase their own share in international trade. One of the reasons for the same is IT infrastructure and B2B boom. It can be said that B2B plays a major role in development of international trade by removing barriers in business. It has become not only a booster but also a supporter that is useful even in tougher times. It has not only made communication cheaper but also helped in establishing a global market where all the countries have unbundled their bags of opportunities. International Trade plays a very big role in the development of a country and exploring its talents into a Global market.

And if a topic is discussed for international trade it is not complete without discussing a country like China. China is considered as one of the healthiest exporter world wide and stands no. 1 in Asia. It has got a huge market for outflow of its products to other countries. It also imports in a large quantity but China manufacturers hold a very good market in production. Their portfolio managers manage very well and find out the resources for their products to make their products cheapest in the world. We can easily watch China manufacturers in almost each country. These prove the capacity of their production.

China sourcing is not only favored in the established world wide markets, but also play a very good role in supply of various products to multinational companies. This helps them grow easily and that too with a good margin as it gets the cheapest product from China. It is a hub for the electronics goods. Majority of the multinational electronics companies have a tie up with China manufacturers for their products, as it proves to be much more cost effective compared to other products. The quality given by China in International trade does not acquire a good position, but due to its cheap products it covers ups its market easily.

China at an international level of trade provides various products, it has got a potential to produce each and every product with a brilliant man power. This results in a very good output forcing them to throw it away in the international trade. Moreover, due to its cheaper products companies do get attracted and forced to have a contract with them in order to compete in the international trade. The portfolio managers easily create their client through out the world in order to have a grip towards the international trade and increase their own market. Moreover, Asia continent has got number of developing nations. Multinational companies seeking over this nation can easily get goods by China Sourcing. Apart from that, being geographically located in Asia, China has a very good scope for expanding its market in its neighbor developing nations and acquiring chief place in such markets. It has a very good command over the electronic goods parts, materials made up of plastics, some of the ingredients of the drinks and lots more. China Sourcing has proved to be value for money with a wide range of variety not only for itself, but has also become one of the best international traders amongst the developed countries in the World.

How to find online work

How to Find Online Work

The Internet has opened a new horizon to enhanced opportunities in many fields of activity. This amazing advancement has turned the world into a global village and has brought notable improvements to communication and the access to information. The Internet has also had a positive influence on the working environment, as it has opened the way for a new form of employment, namely online work.

Home jobs are not an entirely new concept. This form of earning a living was also popular before the Internet era, but definitely not to the extent that the World Wide Web has made possible. You can now get a job online and enjoy all the benefits that come with working flexible hours from the privacy of your home. In addition to convenience and flexibility, at-home jobs do not impose any geographical restrictions. Even if you live on a remote island in the Pacific or in a small village in Africa, you can still apply for one of the high paying jobs that you can find online, so long as you meet the most basic requirement of having a computer and an Internet connection. And speaking of requirements, there are many Internet jobs (USA jobs and international ones) that require no skills and previous experience. Virtually anyone can qualify for such positions, if they are ambitious and committed to finding a good job online.

If you have had any type of job that required a strict schedule, commuting, sharing the work space with other people and brought very few financial satisfactions, it is easy to understand why you would consider at-home jobs. If you have other priorities, such as raising kids, or suffer from an illness or condition that prevents you from going to work every say, stay-at-home jobs are the ideal solution. Not only do they come as the perfect answer to your flexibility problems, but they can also bring you a greater satisfaction in terms of money. If you have done any research at all concerning home jobs, you probably already know that the average annual salary can exceed $60,000, even for unskilled individuals.

The obvious question at this point is “how exactly do you find such high paying jobs?” Well, the process is not at all complicated. The Internet is abundant in ads for at-home jobs and there are several other ways to come across web job opportunities. However, the best way to get a job online if you are under qualified or have no skills at all is to use the services of a recruitment web site. Creativity and innovation are usually the only requirements. No matter your country of residence, your skills, training or previous experience, creative jobs are widely available on the Internet these days. All it takes is for you to have a computer and Internet connection, as well as the ability to work from home for a number of hours each day, which may vary from job to job.

These tech jobs are also the solution to overcoming the problems brought about by the international economic crisis. If you have lost your job or find it impossible to make ends meet on your current paycheck, online work is the solution.

How to achieve effective internet advertising

How to Achieve Effective Internet Advertising

Internet advertising is one of the most effective ways of marketing. It can reach innumerable audiences by breaking the barriers of geographic locations and time. Internet advertising is done through various applications present on the World Wide Web. These include search engine result pages, e-mail marketing, affiliate marketing, and social media marketing. The primary benefit of advertising through the web is the lower costs that incur while distributing the information to huge mass audiences.

Technical and Creative Marketing

Internet advertising, also known as online advertising, is a technical and creative mode of marketing. The various aspects to be considered involves design, content, potential market, and prospective audiences for the product. Internet advertising helps in reaching the product to millions of people at very low cost as compared to the other traditional techniques of marketing. The various types of strategies used in Internet marketing require your creative skills, which can either, make or break the advertising plan designed by you.

Steps for Effective Internet Advertising

An effective Internet advertising includes four steps that help in promoting the product online. These include-

— Planning: The chief component of Internet marketing is a well-planned marketing plan, which helps, in online promotion of the product. It involves observing your product and services as well as of your competitors. A businessman should finalize the best plan suitable for your business.

— Strategy: This step involves making a strategy through which you can well execute your marketing plan. This also involves choosing the best online medium and suitable advertising budget in order to get maximum output and sales.

— Tracking: You can always know the success rate of your ads by tracking them. Through tracking, one can also make out that which ads are attracting more audiences and which part of the ad attracts them the most.

— Studying: After tracking your ads, you can easily study the numbers of visits and thus can verify whether your advertising statistics helped you in promoting your product on the web or not.

Tips for Avoiding Internet Advertising Mistakes

Although, Internet is a cheap and effective way of advertising, but one must always follow certain tips to avoid any kind of mistakes that can take place. Some of these include-

— Save Money: Always advertise your product through sites that deliver quality service, which can help you in increasing sales.

— Avoid Pop-ups: Avoid advertising through pop-ups as the increasing use of pop-up blocking utilities has made pop-ups less applicable.

— E-marketing: It is a very good tool for online promotion but it must be used properly. Avoid sending SPAM mails to people and only contact those who have opted for your product listings.

Target Your Efforts

If you want your online ads to reach the suitable audiences, then you should always target your efforts. This means your ad should be reachable and accessible only by the people that are interested in buying the product. For targeting, you need to buy display ads on various websites or can also purchase cost-per-click (CPC). Through CPC, customer is directly linked to the website of the business. Although, CPC is an expensive way of Internet advertising, it assures you of reaching the qualified audiences which results in more sales and profits.