By Kanti Mohan Pandit
Energy Insight
Our planet is not uniformly blessed with similar resources everywhere. Some parts are blessed with more and more factories to manufacture and produce goods with support of new inventions in machineries, tools and techniques such as European countries, North American Countries, Japan and South Korea. In contrast, some other countries such as China are blessed with maximum of exportable products manufactured or otherwise. India and Brazil are blessed with specialized knowledge and skill for providing services. Similarly Arab countries and parts of African countries are blessed with crude oils, gases and other minerals. We can divide earth in to 12 power segments and three resource groups. Our earth absorbs T.A.R electrical charges carried by Sunrays differently at different power zones.
If we divide earth into 12 parts of 30 degree each longitudinally and name them C1 starting for 0 –30 east of Greenwich where Europe falls, 120-150 degree east (C5) where Australia, South Korea parts of Japan and China fall, and 90-120 degree east of Greenwich (C9) where important parts of USA and Canada fall. The power segments from C1 to C9 get different values of sunrays (Solar Functional Energy) exposed to different parts of earth at a particular time when sun is closely exposed to that part of earth.
C1- C5-C9 are network of energy inlets of earth that receives the electrical charges carried through the sun rays that are capable to convert material resources into products in factories at much better rate and quality compared to other inlets. These names are mentioned in the above diagram are Germany, France, England, Australia, Japan, South Korea, United States of America and parts of China. If energy electron factor ‘T’ focuses here along with resistant factor ‘R’ there is heavy erosion of demand for oil resources to create mismatch with the supply thereby pushing oil prices down. If ‘A’ proton energy factor also joins this network it reverses the erosion of demand and matches the supply side and gradually raises the price. If ‘A’ energy factor alone joins the network with ‘T’ in the network it pull down oil prices heavily and no sign of price rise is seen until ‘A’ is removed from the network. If ‘R’ resistant factor finds its focus on the network it can pull up prices up. The network represents the demand side of oils better.
C2-C6- C91 are the specialized network energy inlets of earth to receive electrical charges through sunrays to convert the molten lava inside the earth into reserved store of minerals to be explored and consumed by factories in and around the world. These inlets are positioned next the respective C1-C5-C9 energy inlets. These divisions of earth comprise of Arab countries, Russia, parts of African countries (C2) and parts of United States of America, Venezuela, (C91) that are the real storehouses of all types of minerals crude and gases. This is basically the oil supply network. Focus of energy factors on this network disturbs the balance in crude oil supply thereby mismatching the demand from the manufacturing economies and let oil prices go up relentlessly.
Other networks are also important but relatively lesser to influence oil prices.
The oil demand supply scenario at present is divided into two opposite situations. The demand network is under severe pressure from American, European and parts of Asian countries like Japan. Countries outside the conventional demand network such as China (C4) and India (C3) are sustaining the demand for oil to outwit the deficiency caused by the other conventional group. Coupled with this political turmoil in most of the conventional oil producing states whether under OPEC or non- OPEC created undue pressure on the supply to mismatch the rapidly growing demand for oil. The mismatch raised the price of oil consistently from the day of the new millennium started. In the new millennium when the world economy was growing rapidly from 2002 onward crude oil prices too increased rapidly to unbearable level by 2004. Successive efforts of OPEC to increase quota of production could not materialize and price went on increasing till it touched the peak of $46 per barrel in 2004. Barring a small gap oil price continued increasing to touch two peaks of $140 and $100 in the span of 3 years. OPEC or non OPEC countries remained onlookers with pious wishes to stem the prices and could not do anything.
The present oil scenario is marked again with two divergent situations. The conventional oil demand network countries are gradually recovering from the long recession. This will add to the demand for oils already on the boil caused by the rapidly growing demand for oil by the fast growing countries of China and India. On the other hand the political turmoil in Arab countries Tunisia, Egypt, Libya is growing but not flaring up for long. There is likelihood of oil supply be under pressure. Analysts worldwide are speculating of oil crisis to deepen soon if any other major oil producing country such Iran joins the turmoil. We have already witnessed a surge in oil price recently from 19th February 2011, which is dangerous for the global economy as a whole.
Will this turmoil continue unabated, spread to other oil producing countries or calm down in the new future? This is a vital question to be answered before answering the question ‘Whither Oil Price’? According the model Solar Functional Energy’ model oil producing countries OPEC network at present are under pressure but temporarily should be relieved of the pressure. Many OPEC members and non-OPEC courtiers are likely to increase their exploration and compensate the shortfall of supply registered at present. The relief can be seen from 4th March that may be reinforced from 14th March 2011. Crude oil prices which might get some more weight till 3rd March that may touch around $115 to $125 per barrel (Brent) may subside very quickly thereafter to touch $86 by the middle of April 2011. If the turmoil in Libya ends by middle of March which is likelihood price may tread down faster.
Let us hope for the best!
