Donna M asked:


What makes the best hummus - extra virgin olive oil, light olive oil, pure olive oil, etc.? Would I sacrifice anything if I chose a cheaper type of olive oil?

Bertie

bada_bing2k4 asked:


Oil Palm plantations are growing at rapid rates in the tropical nations of Indonesia and Malaysia. These lands were once covered by upwards to 90% rain forest just a century ago, while that has declined presently to less than 50%. This is due largely to oil palm plantations. Palm oil has been used historically as a cooking and cosmetics additive with other uses. However, the palm oil industry is now booming with its realization of clean energy. Europe has turned to this clean energy in hopes of reducing the global warming problem. Palm oil is about 8-10 times as efficient as ethanol for power. However, rainforests are being slashed and burned at record rates in these nations, to make room for more palm oil plantations. These areas which were a rich are for trees and plants as well as animals are now being turned into an oil palm monoculture for profits. Think about how the atmosphere is effected when dense rain forests are being burnt down at blinding speeds.

Frederick

sa1518 asked:


“With commodities fromm oil to natural gas to grain to meat priced in dollars and becoming more expensive as the greenback falls, consumers have to take more out of their wallets to simply buy the same amount of goods.”

Why are these commodities becoming more expensive as the dollar falls if they are priced in dollars? (assuming their price stays constant). In other words - how does a falling dollar make them more expensive?

Am I interpreting that quote correctly? (The theme of the article is that a dollar slide leads to a rise in prices… from an import stantpoint, I agree. But the sentence above seems like he is getting at something slightly different).

Thanks!

Ray

OM S asked:


In commodity market going for crude oil option is benifitial for India ot not?

Cliff

crookmatt asked:


It seems to me based on my basic economics 101 experience, that if the price of oil is pushed higher than what would normally be supported by worldwide supply and demand, then the artificially high price will cause demand to decline, supply to rise which would normally cause a surplus. Speculators would then need to add even more money into oil commodities to account for that surplus to keep the price high. Therefore for speculators to keep the price of oil above what is supported by supply in demand for any extended period of time, they would by necessity keep adding more and more and more money into oil. Since speculators pot of money isn’t endless eventually supply and demand will catch up and pop the speculative bubble.

Does anyone want to refute my analysis or support it? What do you think we have now (a speculative bubble or a real price increase in supply and demand) ? What is the reason oil has gone down $40/barrel in the last month?

Anne

robert f asked:


I just saw the special, “We were warned: Out of gas.” If terrorists destroyed oil installations in Saudia Arabia then how would it affect the USA economy? Has the USA taken measures to protect its economy from an oil, supply, disruption?

Sandy

Vlad D asked:


I know times are extremely tough right now..
But where are the best oil engineer/drilling manager jobs located at currently?

For someone with 30 years experience.
And was once a VP of a petroleum company.

This isn’t me obviously, but am just curious….where the best countries are for this type of job right now?

Thanks.

Rita

whatwhat asked:


I have this question that was on an environmental science exam and the answer is solar energy is the ulitmate source of energy in oil. I can’t seem to figure out why and how that is the answer. Any ideas???

Ty

Ophelia asked:


Why not get lower oil prices as fast as possible?

They’re not even going to allow a Senate vote before the election—–holding everything up, and raising the expectation that it won’t happen, causing commodity pricing of oil to drive it even higher…..

Why not do something right now?

Arron

Jack L asked:


Does oil have to be a traded commodity? Could we remove it from trading and have some other pricing means? How would the US economy be affected? Global economy?

Sofia