in his post “Oli Price Dives in the Past Weeks: Good or Bad?”, Darren established his opinions on the negative influence the dropping of the price of oil brought us, and showed his concerns about the future of crude oil market. However, his opinion is so closed to the text that I believe there are much more issues to discussed about on the problem of the price of oil.
The question what caused the price drop of oil wasn’t clearly developed in Darren’s blog. from my point of view, the mix power energy and clean energy are the biggest villain of oil industry. But that was not the only issue, the oil industry was always monopolized by feel giants and they are the price maker of the market. This drop in price of oil could be treat as a great solution to deal with the raising of strong dollar and the global economic.
Oil price was getting its historical low point and is dying for a bounce. the increasing force of USD gathered with the depress of the solar market will finally lead to this rebound of the price of oil. And I believe in the following one month oil will get back to the price around 83.
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Re: “Oil Price Dives in the Past Weeks: Good or Bad?” by Darren Xu
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