Hodjanernes Blog

6 august 2015

Saudi Arabia may go broke before the US oil industry buckles

Filed under: Økonomi, Saudi, USA/Canada — Tags: — Hodja @ 22:52

If the oil futures market is correct, Saudi Arabia will start running into trouble within two years.

It will be in existential crisis by the end of the decade.

The contract price of US crude oil for delivery in December 2020 is currently $62.05, implying a drastic change in the economic landscape for the Middle East and the petro-rentier states.

The Saudis took a huge gamble last November when they stopped supporting prices and opted instead to flood the market and drive out rivals, boosting their own output to 10.6m barrels a day (b/d) into the teeth of the downturn.

Bank of America says OPEC is now “effectively dissolved”. The cartel might as well shut down its offices in Vienna to save money.

Mere på Telegraph

28 november 2014

Fryd: olieprisen rasler ned, araberne og Putin hårdt ramt

Filed under: Muslim World, Saudi, TrumfEs — Tags: , — trumfes @ 16:33

Forbrugerne vinder på det. Så kan vi godt acceptere at den danske stat mister nogle oliekroner

For Danmark er ikke hårdt ramt.

Prøv at se her, hvor meget olien udgør af den offentlige sektors indtjening:

oil-revenue-as-a-share-of-government-revenue-opec-member-non-opec-member_chartbuilder1

Interessant, ikke sandt ?

Jeg vidste godt at SaudiBarbarien næsten udelukkende tjente penge på at hente olie op fra ørkenen ,
men jeg vidste ikke at Rusland får 50 % ! derfra.
Eller at Norge får 25 % og Mexico en anelse mere.

Taget herfra

I øvrigt undrer det mig, at Saudiarabien ikke står med 100%, for hvad i alverdenen “producerer” de ellers ?
Hårdt arbejde giver jo sved på panden …)

26 juni 2008

Onkel Joakim ville være grøn af misundelse

Men han ville nok ikke bruge pengene til udbredelse af islam i Vesten:

The oil-rich Gulf Cooperation Council (GCC) states are projected to earn close to 1.3 trillion dollars in oil revenue in 2008 and 2009, a Kuwaiti economic report said on Saturday.

The six-nation alliance — Bahrain, Kuwait, Oman, Qatar, United Arab Emirates and Saudi Arabia — earned 364 billion dollars from oil in 2007, the Al-Shall Economic Consultants said in its weekly report.

The GCC oil revenues are projected to reach 636 billion dollars in 2008 and 657 billion dollars in 2009, Al-Shall said.

Oil powerhouse Saudi Arabia’s earnings in the two years will be just under 700 billion dollars. The kingdom posted 194 billion dollars in oil revenues in 2007.

The six states, which boast just less than half of the world’s crude proven reserves, produce around 16 million barrels per day, or just under one-fifth of the world’s consumption.

Fra gulf in the media

(Engelsk: 1 billion = 1 milliard. 1 Trillion = 1.000 milliarder eller 1 billion).