(Tokyo Night after Night)"Passing Through the Midst of Them"
(Another Supply-Demand Curve)
President Mr. Barack Obama passed his hundredth day in the White House.
So, congratulations, Mr. President!
And, congratulations to 40% of European Americans who have supported President Mr. Obama since last September!
By the way the BBC TV news program viewed around Tokyo this noon said that Japan is medically checking passengers who have arrived at Narita from Mexico inside air planes, though the U.K. does not take such a measure as it is unnecessary.
The swine flu could be a kind of disasters like the great earthquake in southern China in 2008 if people do not revere the God, so afraid I am.
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The governmental financial policy should protect domestic suppliers from greedy overseas competitors. But, it should also protect domestic consumers from the greedy domestic suppliers.
It is so, since it is demand that needs supply.
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When consumers increase the quantity demanded at a given price, it is referred to as an increase in demand. Increased demand can be represented on the graph as the curve being shifted outward. At each price point, a greater quantity is demanded, as from the initial curve D1 to the new curve D2. More people wanting coffee is an example. In the diagram, this raises the equilibrium price from P1 to the higher P2. This raises the equilibrium quantity from Q1 to the higher Q2. A movement along the curve is described as a "change in the quantity demanded" to distinguish it from a "change in demand," that is, a shift of the curve.
In the example above, there has been an increase in demand which has caused an increase in (equilibrium) quantity. The increase in demand could also come from changing tastes and fads, incomes, complementary and substitute price changes, market expectations, and number of buyers. This would cause the entire demand curve to shift changing the equilibrium price and quantity.
http://en.wikipedia.org/wiki/Supply_and_demand
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However, the supply-demand relationship can be expressed in an opposite way.
If supply volume is constant but demand volume increases, a price of, say, crude oil would increase.
If demand volume is constant but supply volume increases, a price of, say, crude oil would decrease.
In real trade, both will change to settle down in order to meat a change in each other. This adjustment and shift occurs within a limited range, usually.
When a change occurs over this ordinary shift range, speculation in, say, crude oil must be reality.
Therefore, it is essential to monitor the crude oil market with this EEE Supply-Demand Curve with a tested and qualified Shift-Range gauge.
Here, let's review the 2008 Oil Crisis, now becoming part of history, to find how much people concerned grasped the supply-demand relationship:
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In June 2008 U.S. energy secretary Samuel Bodman had said that insufficient oil production, not financial speculation, was driving rising crude prices.
He said that oil production has not kept pace with growing demand. "In the absence of any additional crude supply, for every 1% of crude demand, we will expect a 20% increase in price in order to balance the market," Bodman said.[54][55] This contradicts earlier statements by Iranian OPEC governor Mohammad-Ali Khatibi indicating that the oil market is saturated and that an increase in production announced by Saudi Arabia was "wrong". OPEC itself had also previously stated that the oil market was well supplied and that high prices were a result of speculation and a weak U.S. dollar.[56]
Futures speculators related to major oil producers, such as Sultan Hassanal Bolkiah Muizzaddin of Brunei Shell Petroleum, Saudi Prince Alwaleed Bin Talal Alsaud and Russian Vagit Alekperov of LUKoil, may have artificially boosted prices by speculating in the oil futures market.[57]
In September 2008, a study of the oil market by Masters Capital Management was released which claimed that speculation did significantly impact the market. The study stated that over $60 Billion was invested in oil during the first 6 months of 2008, helping drive the price per barrel from $95 to $147 per barrel, and that by the beginning of September, $39 Billion had been withdrawn by speculators, causing prices to fall.
http://en.wikipedia.org/wiki/2008_Oil_Crisis
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OK, that's enough. The oil crisis was a dire prelude to the Wall Street Crisis and the realization of President Mr. Barack Obama in the fall of 2008.
It should have been prevented but could not, since people concerned did not seriously read the Gospel and EEE Reporter.
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We live in the civilization of iron, oil, and electronics.
A skyscraper is built using iron structure coated with oil which is also used as fuel to provide electricity for the building where business is conducted using every electronic device.
A modern city is mainly a mass of such buildings. A modern nation functions around such a city.
But, to your astonishment, no economists seem to have ever taught EEE Supply-Demand Curve in a school class.
They have to start to study the Gospel to avoid future oil crises, in case.
(La vérité peut montrer son dos à vous pour un moment, mais pas toujours. That is why you need the Gospel to protect yourself while being sorounded by people who are talking Greek or nothing true. Take a walk.
http://players.music-eclub.com/?action=player&sid[]=190752
Source:http://players.music-eclub.com/index.php?action=search_song_detail_do&backto=&keyword=%E3%83%91%E3%83%AA&exec_x=31&exec_y=0&pageID=2)
Luk 4:27 And many lepers were in Israel in the time of Eliseus the prophet; and none of them was cleansed, saving Naaman the Syrian.
Luk 4:28 And all they in the synagogue, when they heard these things, were filled with wrath,
Luk 4:29 And rose up, and thrust him out of the city, and led him unto the brow of the hill whereon their city was built, that they might cast him down headlong.
Luk 4:30 But he passing through the midst of them went his way,
Luk 4:31 And came down to Capernaum, a city of Galilee, and taught them on the sabbath days.
Luk 4:32 And they were astonished at his doctrine: for his word was with power.