 How do you make money if your only 12? |
| i need spending money for the weekends, but babysitting is not my kind of thing.... |
|
 Minimum hourly rate rise.? |
| in October its going up to £5.73 shall we book our carribean holiday now.... |
|
 Can i leave my debts behind and move to spain or will the banks chase me from the u.k? |
| I have £8,500 bank loan and £6,600 credit card and have moved to Spain to be with my girlfriend. I have a job now but it only pays enough for my life in Spain, not enough to send home to pay for my ... |
|
 Is it suspicious to exchange a lot of $1 bills for 20s at a bank? |
| I have about 100 $1 bills that I've been keeping in a jar for emergencies, but now I want to exchange them for 20s and 10s. Do you think the bank will do it or do you think I'll look like ... |
|
 Can I have a mortgage? |
Dear all,
I am 27 years old and I am one of the lucky ones so far. I’m on a good job, I am earning a lot and I am saving aswell. I am completely debt free actually I never been in debt apart ... |
|
 How can i earn money online? |
| ive been searching for months now and nearly everyone ive found wants you to pay some kind of fee. ive tryed the surveys with no luck, i need money quick.... |
|
 How can we save money?!? |
My girlfriend and i just got an apartment. We can make it, but we would like to know. How can we save money?!
Additional Details
We dont drink or smoke. She is pregnant.... |
|
 Which is the retirement age in your country? |
| In Brazil it's 60 years for men, and 55 years for women.... |
|
 Is it ok to have a credit card sit for a whole year without using it? |
| I heard if you don't use your credit card it hurts your credit limit. Should I use it on small purchases or is it ok to just leave it with a 0 balance owing for an entire year?... |
|
 What's the risk of putting ur social security number online? |
wellness360.com,
it gives you a cheque for getting points from the site and it asks for my SS# in the profile.... |
|
 If im under 18 can i take a loan out of the bank? |
| theres a trip im planning on going on, ut the odds i get enough money are extremely low, i was wondering if i can take money out of the bank, i have a bank account and all that. and if i cant take ... |
|
| Do people actually manage to save money? |
I was wondering how many people on answers actually managed to have some money (at least 5000 u.s.d )in their bank account.
Someone i know is only 33 and has 15,000 dollars.
When he told me ... |
|
 Cash Vs. Debit card? |
| Carrying cash or debit card for shopping....which is better?... |
|
| Am 16 and i need some money.what should i do.? |
| i already tride finding jobs.what should i do or go apply ... |
|
 Can I cash a check if I'm in the negative on my account? |
| My account says I'm in the negative about $30.00. All I want to do is cash a$25.00 check because I need it for gas money... I know it's a small amount but if I just put it into my account I ... |
|
|  |
Judy | How can oil demand be less than 1/2 of what it was last year? |
This makes no sense to me.
I drive the same to work and school.
Warehouses still have to send stuff to stores.
How the heck is demand so low?
I know airlines have cut down 10%.
And people are taking less vacations.
Any answer whatsoever will be greatly appreciated!!!!!
Additional Details
I don't know if its half.
All I know is that the price of oil keeps dropping to nothing due to low demand. |
 |
 
Bill F
 |
Cars are more fuel efficient, we are using alternate fuels, and we really are driving less. Fewer vacations, fewer trips to buy things. More people are carpooling. |
|
Jessica & Lulu
 |
more people are walking places. I know around where i live, the Milwaukee Public Transit system has had close to a 30% increase in riders. |
|
glacier
 |
the only thing i can think of is:
when the price of oil was through the roof a lot of people changed their driving habits to make the gas last longer. busses, walking, bike, carpool.....whatever. maybe they keep following these practices now that the price is down. thats the only thing i can think of. |
|
lherman79
|
That's a misconception that the price of gas is driven by supply and demand, the bulk of the price is driven by speculation or the trend of investors and the oil companies here and abroad adjusting their prices according to that speculation where they might have more available capital so they will try to expand or purchase more equipment what have you, of course demand isn't anywhere near that much lower, but the market is definitely lower. |
|
rexx0046
|
oil demand is not less than half of what it was last year. oil demand is down only a small amount in USA and may be unchanged worldwide.
when the supply and demand are very close you will expect to see shortages in some places and before that everyone from speculators to users will drive up the price. very small changes in supply/demand will lead to large changes in prices particularily when you are very close to being in balance. currently the world wide demand is a few percent less than people thought it would be a year ago. demand is down in the USA and others places as well. china is using more but much less than was predicted. markets tend to overshoot on both the high side and the low side. at current demand levels the price should be higher but no where near as high as it was. that the price can change so much with so little change in demand is part of the way that markets work. |
|
andy
 |
Because in an economic downturn there is less goods shipped, people are driving less and staying home more. Companies are reducing their output thus less goods traveling which causes oil prices to go down. Listening to NPR, most oil companies are cutting back on output since there is too much crude oil on the market. |
|
Sofa King
|
It's demand for oil CONTRACTS that is down. Speculators aren't over-inflating the price anymore. |
|
Blazenskyy.com
|
It's really because the oil bubble burst creating a price collapse! The bubble was created because commodities traders were driving oil prices up in part by speculation - they would by future oil prices at high dollar amounts. As prices rose - more and more traders went on the band wagon some in part for protection.
Think of all the stories from Iraq, Iran, Former Soviet Union, Nigeria, oil tankers being hyjacked, along with oil refineries being shut down from hurricanes. War alone cost consumers a premium price (U.S. Debt too!) - along with the drop of the U.S. dollar which most oil countries use for oil transactions.
Oil price was also helped with supply and demand. China and India in 2007 along with other emerging countries have been buying cars like crazy. Many cars are being sold for less than $5K letting many workers buy their first cars. More cars equal more demand for oil and gas. China is also buying long term contracts for oil directly for Africa or other countries. This has an effect on the price of oil. Also many countries subsidize oil and gas - such as China so the price doesn't reflect market prices. Consumers aren't as effected with price increases when the government regulates prices.
Also Saudi Arabia supply of oil was rumored to be running out. This might be true causing the cost to rise since most other sources cost more since it's hard to get to. Think Canada's tar sands which now is the United States number one source. This source costs more to tap and the infrastructure is especially hard to get to in the Winter.
The good news because of the bubble collapsing and statistics that the world is in a recession commodity oil and gas prices have collapsed. Even OPEC dropping number of barrels production has little effect on raising the price.
If you interested in researching more - look at bubbles and speculation in the stock and commodity market!
Overall prices are always dynamic - when a bubble bursts you can see huge drops or with speculation and fear like war can create a bubble where prices rapidly increase. |
|
David M
|
Where did you read that demand for oil is down 50%? It is not. But it is down enough to have cratered the price of oil. When supply and demand of a commodity are tight, prices can skyrocket as they recently did. If demand moderates or new supplies come online, prices can easily retreat as they have. |
|
Mandy L
|
The Economy is so bad that people and planes and everything is cutting back so the demand is low. |
|
dougger
|
You are somewhat naively thinking that the high price was in response to real demand. It was not. It was market gouging. All the major oil companies reported their highest profits ever during the high prices. Now the prices are coming down mostly because people are getting close to hysterical because of the general economic situation and demand has come down. The price is dropping in the hope of getting consumption back up.
But the real drop in demand is not personal consumption, it is industrial consumption and that is down for real. World wide production of goods and services is down sharply. Oil used in production and transportation of goods is down in dramatically and this count for huge percent of the total fuel consumed.
There is a hope that a sufficiently low oil price can sort of kick start the world economies. (Which it would if the high oil prices had been the main problem before, but it was not.) |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
11 | 22 minutes(s) ago
| | | |
11 | 37 minutes(s) ago
| | | |
11 | 52 minutes(s) ago
| | | |
11 | 2 hour(s) ago
| | | |
11 | 6 hour(s) ago
| | | |
11 | 7 hour(s) ago
| | | |
11 | 9 hour(s) ago
| | | |
11 | 2 day(s) ago
| | | |
9 | 4 day(s) ago
| | | |
11 | 2 week(s) ago
| |
|
Homepage 
Financial
Forum 
Personal Finance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
