Harga minyak kita tgk sekarang ni bergerak di bawah USD80 setong....

Sejak beberapa bulan lepas semasa saya menjangkakan harga akan melambung, ia bergerak dari USD69 sehingga USD82, seblm ia jatuh kembali ke paras lebih kurang USD71. Kejatuhan ke paras USD71 saya predict hanya sementara. Kalau kita kaji, kejatuhan tu disebabkan oleh kerisauan dunia kemerosotan ekonomi gelombang kedua akan berlaku (selepas gelombang pertama pada 2008-2009). Di mana kalau ia berlaku, demand kepada minyak mungkin berkurang....tapi gua rasa ia news2 sementara...harga minyak tetap akan naik balik...

Ketika post ini dikarang, harga minyak telah naik balik ke paras USD77....resistance pertama pada USD80, diikuti USD82....then USD85 diikuti USD90...lepas tu USd100....kalau breakout berlaku....alamat pergi balik ke paras USD148 dan seterusnya USD200....

Bilakah ia akan berlaku? We never know...maybe thn ni....atau thn 2011....

Apa pun get prepared ler....dengar ura2 Kerajaan akan kurangkan subsidi kepada kita, di mana harga minyak boleh pergi ke paras RM3 - RM4 satu liter...about double dari sekrg tu....dan skrg di paras USD70+...

Kalau harga minyak dunia pergi ke paras USD140 nanti, maka harga minyak Malaysia menuju ke paras RM6-RM8 le gamaknya...perghh....teruk tu...

Takpe kita tgk aja la.....kalau ia berlaku, ekonomi akan merosot kembali.....

Wallahu'alam....ikuti artikel saya petik dari The Star

Saudi Arabia preparing for oil demand to peak


JEDDAH, Saudi Arabia:
A top Saudi energy official expressed serious concern Monday that world oil
demand could peak in the next decade and said his country was preparing for that
eventuality by diversifying its economic base.

Mohammed al-Sabban, lead
climate talks negotiator, said the country with the world's largest proven
reserves of conventional crude is working to become the top exporter of energy,
including alternative forms such as solar power.

Saudi Arabia was among
the most vocal opponents of proposals during the climate change talks in
Copenhagen.

And al-Sabban criticized what he described as efforts by
developed nations to adopt policies biased against oil producers through the
imposition of taxes on refined petroleum products while offering huge subsidies
for coal - a key industry for the United States.

Al-Sabban said the
potential that world oil demand had peaked, or would peak soon, was an "alarm
that we need to take more seriously" as Saudi charts a course for greater
economic diversification.

"We cannot stay put and say 'well, this is
something that will happen anyway," al-Sabban said at the Jeddah Economic Forum.

The "world cannot wait for us before we are forced to adapt to the
reality of lower and lower oil revenues," he added later.

Some experts
have argued that demand for oil, the chief export for Saudi Arabia and the vast
majority of other Gulf Arab nations, has already peaked.

Others say
consumption will plateau soon, particularly in developed nations that are
pushing for greater reliance on renewable energy sources.

With oil
demand only now starting to pick up after it was pummeled by the global
recession, some analysts say consumers may have learned to live permanently with
a lower level of consumption.

The Organization of the Petroleum
Exporting Countries, as well as other international energy organizations, is
forecasting a slight rise in oil demand this year, based mainly on increased
consumption in Asia after last year's sharp hit.

Either peak oil
scenario presents grave challenges for the Gulf region and OPEC, whose countries
rely on oil sales for as much as 90 percent of their budgets.

Al-Sabban,
who also serves as the chief economic adviser to Saudi Oil Minister Ali Naimi,
said an oil demand peak would be "very serious" for the country.

Saudi
has about 264 billion barrels of crude reserves and currently produces about 8
million barrels per day out of its overall output capacity of around 12 million
barrels per day.

The kingdom, widely seen as the de facto leader of the
12-member OPEC, has embraced an ambitious expenditure program aimed not only at
further developing its oil base but also expanding and diversifying its economic
base.

Its expansionary policies came even as other nations were
tightening purse strings in response to the world's worst financial crisis in
over six decades.

The outlays included billions of dollars for a new
research university that opened last year, as well as major ventures such as the
construction of new economic cities and other infrastructure.

Oil's
pre-recession price boom also helped pad Saudi Arabia's foreign reserves, now in
excess of $400 billion, and have helped the government weather the worst of the
global crisis.

International ratings agency Moody's, in a reflection of
the country's macroeconomic position, on Monday upgraded Saudi Arabia's foreign
and local currency government ratings to Aa3 from A1 citing "the continued solid
state of government finances which have largely withstood oil price volatility
and the global economic crisis."

Al-Sabban said that along with
investing in education and economic diversification, Saudi must ensure that it
become the top energy exporter, including in solar power, to keep moving
forward.

The country recently launched its first solar-powered
desalination plant and al-Sabban said oil giant Saudi Aramco was working on a
pilot project to inject carbon emissions back into wells to help boost output.

The carbon sequestration project, which he said would be operational by
2012, was a sign of Saudi Arabia's commitment to environmentally sound energy
development.

The push for cleaner technology is pivotal for the oil rich
kingdom. - AP

Komen le sikit ye kawan-kawan...:)