1 Autumn, relieving myself 2016-09-29 2 OIL 2016-05-03 3 The squrim of North Korea. What will be the result? 2016-03-22 4 Autumn; the season for students 2015-09-30 5 Sinju Singers Big Concert 2015-08-26 6 Economy Shaken by China's decrease 2015-08-24 7 North Korea's serious attack 2015-08-21 8 Humanity, the entrance of the peaceful life 2015-08-19 9 Abe's notorious behaviors 2015-08-14 10 United Nations Framework Convention on Climate Change 2015-08-07 1 2 3 4 5 6 7 8 9 10 [다음10개]   회 원 현동준 작성일 2016-05-03 Weather    Feeling  As usua 제 목 OIL 내 용 These days, there are great controversy occuring between OPEC and countries which do not have enough oil for their own countries. As many scientists and economists argue to develop eco-friendly energy except gas or oil. OPEC countries may feel danger which is hindering them. Because most of their profits are coming out from oil. But when oil use decrease. their countries may encounter danger. So they might feel impatient. Even worse, U.S. and Canada started to develop Share-oil. Share oil is oil which is mixed with water and soil. Before 20 years, there were no technology to drill up oil and separate from soil and water. But after 2 times of oil-shock, U.S. began to develop those technology. And these days, their technology is efficient. So I may be also became the great fear for Middle Asian countries. Finally, oil prices stayed so high until this year. And evidence of this facts is the record of oil price in 1L. In 1999 it was 1235\, but in 2005 it was 1823\ and in 2010 it was 1988\. It was so embarrassed situation for people who are living in oil importing countries. So those countries started to develop new energy source like nuclear fusion energy in Korea. Of course it may seem like very simple but it is very very complicated. Economic circulation or Oil up-down may influence the world stolk market around the World. We have to think about these change in economy very sensitively. Although it seems to be not related with Korea or us. 답변자 ts0127 답변일 2016-05-04 답변내용 Hi Bill, That is indeed a worldwide crisis to consider. A lot of people are fearing to lose their jobs especially those who are working in the middle east and Africa because of the situation. As a normal citizen, a commuter or a simple person who owns a car, this may be a good news since oil prices has dropped significantly but it may be a different story when you look at the bigger picture. **************************************************** These days, there are great controversy occuring between OPEC and countries which do not have enough oil for their own countries. >>There has been a controversy between OPEC and other countries which do not have natural resources of oil. As many scientists and economists argue to develop eco-friendly energy except gas or oil. OPEC countries may feel danger which is hindering them. Because most of their profits are coming out from oil. But when oil use decrease. their countries may encounter danger. So they might feel impatient. >>A lot of scientists and economists argue in the issue of developing eco-friendly energy aside from using aside from using oil or gas instead. OPEC feel in danger because it may affect their economy. Most of their country's profit come from oil but when other countries decrease their demand of oil, OPEC will be in danger and might feel impatient from the situation. Even worse, U.S. and Canada started to develop Share-oil. Share oil is oil which is mixed with water and soil. Before 20 years, there were no technology to drill up oil and separate from soil and water. But after 2 times of oil-shock, U.S. began to develop those technology. And these days, their technology is efficient. So I may be also became the great fear for Middle Asian countries. >>To make it worst, US and Canada had developed Share-oil. It is oil that is mixed with water and soil. There is no such technology like drilling up oil and separate it from soil and water twenty years ago. But after having oil shock twice, US began to develop the technology further. It has been proven to be efficient. This might also add to the threat to middle east countries. Finally, oil prices stayed so high until this year. And evidence of this facts is the record of oil price in 1L. In 1999 it was 1235\, but in 2005 it was 1823\ and in 2010 it was 1988\. It was so embarrassed situation for people who are living in oil importing countries. So those countries started to develop new energy source like nuclear fusion energy in Korea. >> Oil prices remained high until 2015. Evidence showed the trend of oil prices. In 1999, the cost of 1L of oil is about W1235, it went to W1823 in 2005 and then became W1988 in 2010. It became a burden to countries which are dependent from imported oil. As a fall back, they tried to develop a new energy source like nuclear fusion energy which what Korea did. Of course it may seem like very simple but it is very very complicated. Economic circulation or Oil up-down may influence the world stolk market around the World. >>The issue may seem simple but actually it's very complicated. Global economy and the unstable oil prices might greatly affect the stock market around the world. We have to think about these change in economy very sensitively. Although it seems to be not related with Korea or us. >>We have to think about this sensitive issue even it may seem not to have a great impact to Korea.