Posted On: 12/05/2014 4:48:22 PM
Post# of 8059
hi buddy -good to see you are still kicking- these low oil prices should reduce the biggest costs -trucking-even though mexico is not subsidizing that as much or at all anymore- as you astutely pointed out on ihub- oil spiked to 120 due to libya war for kriton
and shipping-where oil is a big cost for shippers- for how much might be saved on shipping at these oil prices see my extensive series of Panamax ship cost calculations from oct 2011 on ihub board- a ship engineer who works on those engines gave me enough info to get started on those calcs -which is always a dangerous thing-giving me enough info to get started-humor
china slows some in winter-part of the problem despite analysts previous forecasts iron would rebound to 100 by winter
and shipping-where oil is a big cost for shippers- for how much might be saved on shipping at these oil prices see my extensive series of Panamax ship cost calculations from oct 2011 on ihub board- a ship engineer who works on those engines gave me enough info to get started on those calcs -which is always a dangerous thing-giving me enough info to get started-humor
china slows some in winter-part of the problem despite analysts previous forecasts iron would rebound to 100 by winter
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