What may possible reasons and impacts of crude oil price hike in india and international level?

crude oil price has touched the highest level even just considerable more demand growing in just double digit but the price reaching about more then 100% almost then previous same time.


so it was not in expectation of any economist and thus what and how are the possible profit pie of certain industry and economy structure of countries like INDIA?





Sumeet Patel


AhmedabadWhat may possible reasons and impacts of crude oil price hike in india and international level?
Today, a panel of energy of experts testified before the House Energy and House committee.





“Testifying to the House Energy and Commerce Committee, Michael Masters of Masters Capital Management said that the price of oil would quickly drop closer to its marginal cost of around $65 to $75 a barrel, about half the current $135.”


http://www.marketwatch.com/news/story/ga…





Half of our money paid at pump goes to Wall Street speculators. And we can not hear or read main media reporting them. We are kept in the dark.What may possible reasons and impacts of crude oil price hike in india and international level?
reasons:


peak oil. Russia and North Sea oil wells are already peaked.


Gulf nations existing capacity is going to peak in 2 to 3 years from now.


Saudi oil output is salty oil, refineries are not equipped to process that oil, so Saudis increasing the output will not improve the situation.


Exploring new oil and productionalize takes 10 to 15 years.


Impacts:


Stagnation and inflation.


Modern life is heavily dependent on oil. Oil goes up, food and other prices go up. This will give rise to very high inflation.


Major portion of People's income will be spent on food, energy and transportation. Little money will be spent on luxury items, so corporations' businesses will contract. This will cause stagnation in economies of the world.
Inflation will rise exponentially in all the oil consuming nations. This leads to spiralled monetary measures by regulators leading to another round of dismay in the stock markets. With high inflation rates, the profit earnings of the companies also come down - the whole economy might see a bit of recession out of this.
I am playing big on oil trading. I’m from Morgan Stanly, or Goldman %26amp; Sachs, or any big firms on the Wall Street.





I bought millions and millions of barrels of oil when they cost $60--$100 a barrel. I expect to make a kill when I sell. But right now it’s only $135 a barrel. (Please tell nobody: one day on Jan. Goldman %26amp; Sachs traded a volume of barrels = US one years import in volume)





So here is my difficulty:





Congress is now investigating on oil speculation, I am afraid of being caught. But if I sell them right now, I would end up with little or no profit since the trading fees and hedge fund managing cost are not cheap.





I already request my agents send the spin out to the media, like: “Oil future looks high, expecting to be in the range of $200 a barrel soon. ” But it does not work price up as fast as I expected.





So my question is this: How do I corner the market price up in time so not to get caught by Congress.?





For your info: Prof. Michael Greenberger’s testimony before Senate makes me very nervous. He said: ‘If speculation were reined in and trading rules tightened, the cost of crude oil could drop 25 percent.” http://www.mcclatchydc.com/staff/les_blu…





My lobby firm can work Republican party to stall passing the laws, but I am not sure for how long. I am very fearful and worried. What are the options for me ? Please advise.
reasons


popoulation explosion


deforestation


exhaust from vehicles


exhaust from industries


and many more











impacts


acid rain


floods


drought


famines

salicylic acid