Egypt is the most populous Arab country in the Middle East and has a great influence in the area. T

Items Últimos "Abajo Fidel" in Catalan 12/01/2014 The first vote in the US is Arboç del Penedès 09/11/2014 10/17/2014 The Spanish democracy in question more than the poor in Nicaragua piensan 13/10 / 2014 Fine palate 10/05/2014 USA looks discreetly in Catalonia 18/09/2014 Washington celebrates the Day 09/07/2014
GustauAlegret closet solutions "Proveerá Dios." #VineVenezuela #venezuela #Maduro #Dios Vine.co/v/OIwTYnI5ZF9 About 5 hours ago @ JorgeRamosNews journalist: "Both parties HIM view with trepidation." His profile on @ NYTimes: nyti.ms/1y9qAE6 #periodismo 5 hours ago The New "Great Juego" in Latin America: The Economist | Bello: The dragon and the gringo economist.com/news/americas/... 9 hours ago Follow GustauAlegret
Ramon Espinasa (Caracas, 1952) is a specialist in oil and gas major Washington DC Venezuelan heart of Catalan closet solutions origin and lives in the United States closet solutions for 11 years, when he had to leave their country for the arrival of Hugo Chavez. For 20 years he worked at the company Petróleos de Venezuela, where he was chief economist. Espinasa, industrial engineer, is the leading specialist in oil and gas Inter-American Development Bank (Washington), closet solutions which combines work with classes at Georgetown University.
There is a new price increase. Does significantly from the 90 Incorporating Asia and especially in China-the world economy has led to a change in the international market. These countries need to grow and produce raw materials, and oil is an essential source of energy.
Exactly. Depending on existing stocks and the political and economic stability of the country, prices can be altered. What is clear is that the price of oil will not ever be $ 20. The trend is upward.
Egypt is the most populous Arab country in the Middle East and has a great influence in the area. The protests spread to Egypt or Tunisia to neighboring countries may destabilize its production. One third of the oil produced in the world comes from the Middle East. Egypt also has control of the Suez Canal, which is key to the economy.
Yes, the markets react to a possible closet solutions destabilization of the area. The contagion to other countries like Yemen or Saudi Arabia would affect production and supply. A blockade the Strait of Hormuz, the Gulf of Aden and the Suez Canal would also important consequences for the global economy.
Because oil is the main source of primary energy in the world (representing 34%) and used primarily for transportation. The rest of the energy sources used to produce electricity. Block area not only reduce production but transport them more and that would raise prices by the end of the goods we consume. Mean a global recession.
The oil produced in the area is the largest source of energy in China and Asia in general. closet solutions Represents almost 100 per cent of demand. closet solutions It is also an important source for European demand. Therefore, these two markets it would be affected in the short term.
And it is, therefore, in the medium and long term everyone would be affected by the instability in the region. What happens is that the United States throughout the continent -and oil price of US benchmark crude is West Texas Intermediate (WTI). This is submercat oil arising from the Gulf of Mexico and supplies closet solutions mainly the United States and throughout the continent. closet solutions
Gasoline is refined oil. If the oil price increases, increases in gasoline closet solutions because the refiner needs to pay what it costs per barrel of crude oil. Therefore, if the price of a barrel goes up today, the producer price of gasoline increases to pay for the new barrels.
In the United States it is no relationship. When you lower the price of the raw material, so note the consumer. In Europe, for an anomaly beloved by governments. When low oil prices, closet solutions the final prices are stable because they increase taxes. The European market is less elastic when to adjust downward, because the tax system absorbs the price difference. closet solutions Europe chooses a model of high and stable prices that discourage energy dependence on oil.
Hac Click to send by email a Friend (It opens a new window) Haz click to print (will open in a new window) all on Facebook (It opens a new window) Haz click to share on Twitter (Se abre in new window) Haz click here to share on LinkedIn (It opens a new window) Haz click to share on Google+ closet solutions (Se ab