An aggressive, long-term investor should start buying during periods when stocks are falling. “India has four times the population of the U.S. but less than 10% of its per capita income,” notes Jeremy Schwartz, director of research for WisdomTree, whose India Earnings exchange-traded fund tracks 160 Indian stocks. “We think they’re actually going to catch up over time.”
This summer, the energy giant will begin exploring off the icy coast of Alaska after years of resistance by environmentalists. The payoff could be the largest US offshore oil discovery in a generation.
Oil companies began exploring Southern Kansas over a year ago, seeing enormous potential in the area now that new technologies like horizontal drilling and fracking have made it possible to tap into the oil-rich Mississippian Limestone formation. Thousands of jobs are coming to the area too.
The slowing regional growth is due to China, which has seen its exports fall due to economic weakness across the developed nations that are its primary customers.
Onset Worldwide attended the Peter Twomey Golf Classic, the largest fundraiser for the Youth Center in Groton, MA, on May 20, 2012 in Townsend, MA.
India has a global monopoly, meeting 80% of world demand even with harvests that have never exceeded 1.5 million tonnes. Currently, production is down 20% while demand from oil industry is up 84%. This imbalance has triggered unusual greed and panic.
“The economy accelerated despite the slowdown in the U.S. and China, indicating domestic demand likely accounted for a large share of the expansion,” wrote Marc Chandler, market strategist for Brown Brothers Harriman.
Nearly 90% of all goods traded across borders travel, in part, by sea. The fastest-growing routes are between ports in Asia.
At least a dozen new oil pipeline projects are slated to move forward in the United States over the next few years.
All told, the new projects will have the capacity to bring at least an extra 2 million barrels a day of oil to the U.S. Gulf Coast by 2015.
The industry and most oil analysts think the additional oil will be used by U.S. refineries, offsetting the need of some oil imports and potentially lowering gasoline prices.
American manufacturers are focused on investment, expansion and job creation. One important way to do this is by expanding their customer base. And, with 95 percent percent of the world’s population outside the United States, it is not surprising that American companies are looking at markets outside the United States. More business translates into more jobs and stronger companies.
With prices for natural gas so low, and prices for oil-based fuels so high, the idea of building plants to convert natural gas directly into liquid diesel and jet fuel is something more companies are looking into.