Rising prices of fuel - How to Control
What if everyone only bought Rs 200.00 worth of Petrol each time they
pulled to the pump? The dealer's tanks would stay semi full all the
time. The dealers wouldn't have room for the gas coming from the huge
tanks. The tank farms wouldn't have room for the petrol coming from
the refining plants. And the refining plants wouldn't have room for
the oil being off loaded from the huge tankers coming from the oil
fiends.
Just Rs 200.00 each time you buy gas. Don't fill up the tank of your
car. You may have to stop for gas twice a week, but the price should
come down.
Think about it.
Also, don't buy anything else at the fuel station; don't give them any
more of your hard earned money than what you spend on gas, until the
prices come down..."
...just think of this concept for a while.
pulled to the pump? The dealer's tanks would stay semi full all the
time. The dealers wouldn't have room for the gas coming from the huge
tanks. The tank farms wouldn't have room for the petrol coming from
the refining plants. And the refining plants wouldn't have room for
the oil being off loaded from the huge tankers coming from the oil
fiends.
Just Rs 200.00 each time you buy gas. Don't fill up the tank of your
car. You may have to stop for gas twice a week, but the price should
come down.
Think about it.
Also, don't buy anything else at the fuel station; don't give them any
more of your hard earned money than what you spend on gas, until the
prices come down..."
...just think of this concept for a while.
Market Analysis
http://thebullishbear.blogspot.com/2008/05/first-five-months-of-2008-have-been.html
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POSITIVE CRUDE EFFECT
Investors should preferably invest in companies like
ONGC,
Reliance Industries and
Cairn India,
Particularly if oil continues to scale higher levels. Some other sectors that would be positively impacted because of high crude prices are oil rig companies like
Great Offshore,
Aban Offshore
and ancillaries like
Selan Exploration and
Shiv Vani Oil.
Shipping companies
Varun Shipping,
Shipping Corporation of India,
GE Shipping and
Essar Shipping, which carry crude, are also likely to benefit as demand will be higher.
World Economic Calendar
http://www.marketwatch.com/tools/calendars/earningsdaily.asp?cal=2&view=1
http://www.fxstreet.com/fundamental/economic-calendar/
http://online.wsj.com/mdc/public/page/2_3024-intlcal.html
http://www.fxstreet.com/syndicate/calendar/
http://www.fxstreet.com/fundamental/economic-calendar/
http://online.wsj.com/mdc/public/page/2_3024-intlcal.html
http://www.fxstreet.com/syndicate/calendar/
US Economic Calendar
| Thursday 5/8 | 8:30 am 10 am | United States Jobless claims Wholesale inventories Canada None scheduled | 5/3 March | -- -- | 380,000 1.1% | |
| Friday 5/9 | 8:30 am 7 am 8:30 am | United States Trade balance Canada Employment Trade | March April March | -$61.3B | -$62.3B |
World Inflation
Fed rate cuts contributed to the spike in raw materials costs for foods that has been felt around the globe. Integration of world markets means that subprime mortgage fraud in Las Vegas is linked to food riots in emerging economies.Inflation around the globe is at its peak. It seems like the whole world economy is going to burst like a bubble.
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