Saturday, March 19, 2005

oil strikes record

referring to article published by the Sun on 18 March 05; "Oil strikes record, OPEC mulls 2nd output rise"

First of all, we know that oil is a commodity. According to some sources in Shell, it is because petroleum producing countries wanted to help companies like Shell to have enough supply for its need. Even though company like Shell does having own refinery, but its capacity will never be enough, thus they still need to buy from other people; commodity. According to the article, the actual reason for selling oil as commodity is actually.

paragraph 1: "oil price high, OPEC consider output increase"
paragraph 6: "we thought there is enough supply in the market."
"we have share responsibility"

Conclusion:
ok, we have to understand that Shell is not part of OPEC. OPEC don't really want to help Shell, but they sell it as commodity because they can sell it at a higher price with the play of demand and supply. See, if they thought the supply is enough(whether lying or no),, it means for 100 units of oil for 100 customers, they can sell for a higher price if there is more than 100 customers. They hought theyre are 100 customers but hope for more. Once they earn that extra margin, they will increase production by spending more money on production cost and to bring down oil prices. Thus, if they can maintain a fixed operation cost, they can afford to make money.

How i come to this conclusion?
Oil prices high --> because demand high, supply low.
"OPEC consider output increase" --> supply low not because cannot produce but because they didn't consider.
meaning : They didn't consider because they have a better reason & that reason would be oil price high. thus because they failed to consider supply increase for low price and therefore it means they want the supply to be limited for high price. The only way is supply & demand evaluation.

And as for how they do that kind of real-time (whole world analysis) ? The answer is commodity.

so when oil prices is too high, who is responsible actually? OPEC.

OPEC producer blame it on the fact that it has limited copacity to produce fuel.

Norway is the third largest non-cartel exporter.

Friday, March 18, 2005

fowarded email: smart strategy

An older lady gets pulled over for speeding...
Older Woman: Is there a problem, Officer?
Officer: Ma'am, you were speeding.
Older Woman: Oh, I see.
Officer: Can I see your license please?
Older Woman: I'd give it to you but I don't have one.
Officer: Don't have one? Older Woman: Lost it, 4 years ago for drunk driving.
Officer: I see...Can I see your vehicle registration papers please.
Older Woman: I can't do that.
Officer: Why not?
Older Woman: I stole this car.
Officer: Stole it?
Older Woman: Yes, and I killed and hacked up the owner.
Officer: You what?
Older Woman: His body parts are in plastic bags in the trunk if you want to see
The Officer looks at the woman and slowly backs away to his car and calls for back up. Within minutes 5 police cars circle the car. A senior officer slowly approaches the car, clasping his half drawn gun.
Officer 2: Ma'am, could you step out of your vehicle please! The woman steps out of her vehicle.
Older woman: Is there a problem sir?
Officer 2: One of my officers told me that you have stolen this car and murdered the owner.
Older Woman: Murdered the owner?
Officer 2: Yes, could you please open the trunk of your car, please.
The woman opens the trunk, revealing nothing but an empty trunk.
Officer 2: Is this your car, ma'am?
Older Woman: Yes, here are the registration papers.
The officer is quite stunned.
Officer 2: One of my officers claims that you do not have a driving license.
The woman digs into her handbag and pulls out a clutch purse and hands it to the officer.
The officer examines the license. He looks quite puzzled.
Officer 2: Thank you ma'am, one of my officers told me you didn't have a license, that you stole this car, and that you murdered and hacked up the owner.
Older Woman: Bet the liar told you I was speeding, too.
Don't Mess With Older LadiesIf you want to brighten someone's day, Pass this on to someone you know.

Wednesday, March 16, 2005

fowarded email: baby need blood B- and O-

My friends friends only baby son have denggi sickness. This babyonly 9 months old.

The patient father name: Lim Soon Huat
The baby name : Lim Jue Xin
Admitted in : Loh Guan Lye Hospital
Level: 2 and room T3
Blood type : B negative and O negative only
The patient father contact no.: 016-4109815

This baby need public help to donate blood since the baby too young and the baby cannot use other type of blood than B- and O-. This not a joke but true and serious matter...please help to forward to other in order to save the baby.

I actually called up Mr. Lim, according to him, the baby is now recovered.

Tuesday, March 15, 2005

Good poetry

*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*

I wrote your name on sand it got washed.
I wrote your name in air,itwas blown away.
thenI wrote your name on myheart & i got Heart Attack.

*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*

God saw me hungry, he created pizza ..
He saw me thirsty, he created pepsi ..
He saw me in dark, he created light ..
He saw me without problems, he created YOU.

*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*

Twinkle Twinkle little star
You should know what you are
And once you know what you are
Mental hospital is not so far.

*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*

The rain makes all things beautiful.
The grass and flowers too.
If rain makes all things beautiful why doesn't it rain on you?

*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*

Roses are red,
Violets are blue
monkeys like u should be kept in zoo.
Don't feel so angry you will find me there too
not in cage but laughing at you.

*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*

When ur life is in darkness pray to God ask him to free u from darkness
and if after you pray and you're still in darkness,
please pay your ELECTRICITY BILL!

*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*

fowarded email: blood AB needed

A simple forward this mail to other will be a meritorious deed, and it doesn't waste much of your time. Thank you for doing that in advance. Please act as soon as possible. Chen Siew Cheng : Tel : (02)23708099, Fax : (02)25507098. Please forward to the person who has AB blood type of bone marrow and hope everybody will forward the mail to your friends so that they can have the opportunity to find the "right person" to help.

The success rate maybe very slim, that's why we used the e-mail method hope to find the right person. It may not be the smart method, but to us, this is final chance. To the family member of the leukaemia(blood cancer) patient, every second count. We anxiously need a AB blood type of person to donate his/her bone marrow, and although it only have very little chance to match, but we still have hope for it. Because of your loving kindness to pass the mail along, she may stand a chance to recover. So, please put a little effort, the little girl may have chance to live because of you.

Thank you very much and thousand words cannot express our appreciation.

Saturday, March 05, 2005

visiting shopping complexes..

i dropped by Mid Valley megamall yesterday evening after work. One of my reason was to observe people.. motivated by the article I read about philosophy of science and objection, which highlights things are not what it seem.

So i was really curious why would people wanted to visit a shopping mall.. why wonder they shop online or go through direct sales.

1. Some of them likes to show-off (to be notice). Especially those pretty faces and etc. (they wouldn't feel good if nobody is watching them)
2. Some likes to act; meaning likes to be someone else. Especially those who are lacking in self confidence.
3. Free entertaintment. Initially I thought of going for a quick movie.. but then I thought, watching people and doing some analysing is just as good as u can get from a movie.

the big conclusion.. we all visit shopping mall for its fundamental reason; crowd, the people, gathering of people is the purpose for setting up of a shopping mall. Some people claimed that shopping complexes such as Tesco, Marco or Carrefour is in the logistic business (because they help to gather goods all around the world and sell it at one single location), i think that they are in the socializing business.

Thursday, March 03, 2005

email: Baby in need of Blood group: 0 -ve.

Please help to forward to as many people as possible... your 5minutes maybeable to save this baby..Hi all, Below message is from one of mycontacts. Please see if you couldhelp. If not, please pass this on!!! ONLY TYPE O- is possible, O+ notacceptable. This baby has a rare blood group so please help to forward themails.A 7 month old baby, Terrick Wong Keng Han, is suffering from Cancer and isalready lost a kidney & the other kidney is failing. The baby's bloodgroupis O-.If anyone is able to donate, please contact his father, VincentWong, House No: 03-97358296.