50 Questions on oil subsidies and the supply side loophole answered at 350.org meet#endfossilfuelsubsidies

1. Who gains and who
loses from oil
subsidies?
50 Questions Answered on the supply side loopholes.
To be discussed at 350.org meet at Moonlighting GK1 New Delhi
http://www.facebook.com/events/303851729707182 Also on #TwitterStorm and
#endfossilfuelsubsidies event at Rio Earth Summit
Delivered by @350.org and @ecothrust 7PM to 9 PM IST 18th June

2. Why is oil the most subsidized
commodity of the earth?

3. How was oil prices so stable for
25 years after the Yom Kippur
war of the seventies?

4. Why did oil prices move north
suddenly after the year 2000 ?

5. What is the production price
per barrel of oil in Saudi
Arabia?
$ 30
or
$10
or
$1

6. Why is there such a large
disparity between the producers
price & sellers price in oil despite
falling consumption ?

7. Is Peak oil a reality or a myth?

8. Why did oil prices shoot up
last year though global reserves
went up by 8 percent?

9. Who controls the price of oil ?
The Arab Sheikhs OR
commodity traders.

10. What is the
London Loophole?

11. What happens when the 2 oil
cartels the producers cartel
OPEC and the commodity cartel
join hands ?

12. Why are some of the largest oil
traders, Wall Street Banks ?

13. How is it that the four largest
oil traders are Swiss Cos ?

14. Why do Indian PSU oil companies
buy oil through tenders from the
Swiss Commodity traders & not
directly from the futures market ?

15. Why are Indian companies
unable to make profits out of
oil volatility ?

16. Why do Indians pay a higher price for
oil though Indian companies make less
profit than the Swiss or American oil
traders? Where does the money go ?

17. Why is the Indian tax payer paying the
highest price on road for petro products
despite an oil subsidy burden of over Rs.
100,000 crores or 1 Trillion ?

18. If the taxpayer and the Indian oil
companies are making losses who
is profiting from the oil volatility ?

19. How prices are manipulated in
the futures market by the
Banks & Commodity traders ?

20. How Investment Banks and
commodity traders influence the
market prices and profit from
volatility ?

21. How Wall Street Banks and
Commodity traders influence
public policy globally ?

22. Who was Marc Rich ?

23. Do you know that Bill Clinton in
his last day of office gave him
Presidential Pardon against Tax
related crimes ?

24. Do Swiss Commodity Traders
called the Marc Rich Boys still
influence public policy…. From
the US to India ?

25. Who benefited most from the
QE1 and QE2 ?

26. Is the Indian oil subsidy and
procurement influenced by
commodity traders?

27. How Big Banks and commodity
traders profit from round trip
trading in the futures market ?

28. How China risk managed oil
futures last year ?

29. How Chinese and American
Companies reduce their buying
prices by price inversions ?

30. What is the role of strategic oil
reserves in reducing prices ?

31. How China made up for its lack
of reserves last year, when it was
building tank farms aggressively ?

32. What are spot prices and why
lack of strategic reserves hurt
the economy ?

33. Why has India been lax in
creating oil reserves and tank
farms like China or US ?

34. Why Indian oil companies
must buy spot and can’t benefit
from price inversions ?

35. What is Brent Crude , Dubai
Crude and Texas WTI ?

36. Why is Brent Crude traditionally
cheaper now higher by almost
20 % than Texas Crude ?

37. Will the spread between Brent
and Texas crude increase with
more instability in middle east ?

38. With US shifting its sourcing to
North America will the middle
east be a hot spot with headless
regimes and factional fighting?

39. Are war and sanctions helping
the commodity traders?

40. How commodity traders
operate despite war and
sanctions ?

41. How political unrest helps
commodity traders control the
oil supply chain ?

42. Why Iran is being targeted with
sanctions? Is their any evidence of
nuclear stockpile or is it a mere
bogey as created against Saddam ?

43. How sanctions against Iran is
affecting oil prices in Asia ?

44. Will the turmoil in middle east
increase in 2013 further spiking
oil prices ?

45. How to manage the risk of
volatile oil prices ?

46. How to reduce oil subsidies
with 1% impact on inflation ?

47. With oil being heavily
subsidized is renewable energy
being starved of funding ?

48. What must be done to reverse
this trend and why public
action is needed ?

49. How you can help ?

50. Articles in major Indian Business
Dailies on Oil Subsidies by author
Removing Diesel Subsidy Would Lead To A Functional Market For Oil Retailing iEconomic Times 16 Mar12
India's Subsidy Racket Economic Times 9th Mar 2012
Time To Privatize Oil Trade Business Standard 24th Oct 2011
Sovereign Wealth Fund For Oil is the 2nd Best Idea Economic Times 5th Sept 2011
Time for Oil Guzzlers To Invest in Tank Farms Economic Times 8th June 2011
Buy Cheap Store Sell Cheap. Economic Times 31st March 2011
Risk Managing Oil Prices Economic Times 21st August 2010
Oil: A tale of 2 Cartels Economic Times 26th April 2010
Author Risk Management Blog What Happens If? Economic Times
Available at Twitter and Skype @ecothrust and at Facebook @ SandipSen

51. Other Presentations By Ecothrust