NorwegianBlue wrote:

"Tysonboss1" wrote:
What are you trying to say with that link?

I claimed that there were more known oil reserves now than in the 1970s.You claimed that was untrue.Hence the link.Sure, oil production will decrease, but meh. We'll adapt, improvise and overcome – we always do. Oil wasn't a resource until people found a way…[Read more]

duckster wrote:
If there is no oil there will be no war as every war machine runs on oil.I read recently in the Age that Singapore was experimenting with a tidal power station and using the power generated to convert water into hydrogen to run their cars on.I think that a certain country that can spend over a trillion dollars on one war will…[Read more]

F,Thats excactly my thoughts on the issue,. I am not saying that we can expect oil supply to stop. I am just saying that the production will not met the demand,… The only thing that the average guy on the street will notice is the steady rise of oil based fuel costs and transportation year by year.and hopefully Increasly the use of a…[Read more]

foundation wrote:
Hi Tysonboss. Don't forget that correlation does not imply causation and that even if a causal relationship exists, its direction of influence may be unknown. So, could it be that world demand for oil slowed sharply when prices passed a certain threshold? A casual observation also shows that the sudden escalation in price…[Read more]

The green line is the oil price and the black line is production levels,… note the sharp rise in price when global oil poduction droped by 5%,……

NorwegianBlue wrote:

Quote:
Tysonboss1 wrote: Where to do get your facts…

Here's one reference, there are plenty of others if you don't trust BP.Proven Oil Reserves 1986-2006

What are you trying to say with that link,….I have absoulutly no doubt that there is in excess of 30 Years reserves in the ground but it will not be business as…[Read more]

bardon wrote:
[ Or could this be an example of innovation and adaption by a leading edge company with its eye on the global ball ?

Yes you can sugar coat things like that I guess,….Offcourse it doesn't change the facts behind the reasons they are beening forced to adapt, and make such drastic changes it doesn't change the fact that they are…[Read more]

bardon wrote:
This is good more demand for our gas reserves

There are much better ways of using that amount of natural gas,Plus it would make every vechicle using petrel, release 6 times more carbon emissions,… so I don't think oil shale is the cure all,

hbbehrendorff wrote:
There are companys now that are producing oil out of sand, yes that's right, Mining sand and turning it into oil.There is a lot of sand on the planet..

they can't go create oil from just any sand,…..What you are talking about is "oil sands, Tar sands and oil shale Mining",…… yes it is possible however it turns the…[Read more]

The Maths behind our future energy needs is very worrying,…. if we follow our current trend just to maintain prices at todays levels over the next  7-10 years we will have to increase global annual production by 50% which is clearly impossible.and we will have to discover about 300 billion barrels of oil reserves  just to replace the feilds we…[Read more]

bardon wrote:
I also work in the oil and gas industry and its awash with money and opportunity.  Last year worked with Exxon Mobil and they certainly have long term plans so don't expect anything to stop flowing in the short term.There is a flip side to peak oil which is that it is a ploy to create scarcity and drive prices up, OPEC don't…[Read more]

rentboy wrote:
  Extraction technology is also improving we can now get it from deeper in the ground and deeper under oceans and also under ice fields.  Oil companies are doing well.  .

it's a double edged sword though,… the better we are at pumping out the oil the faster we run out,when oil companies are spending millions of dollars ex…[Read more]

NorwegianBlue wrote:
The world has more known oil reserves now than in the 1970s..

Where do you get your facts from,…. this statement is simply untrue we have never discovered more oil than we did in 1968,even with all or modern technolgy, we are burning about 2 times more oil than we are discovering,

Terryw wrote:
As for moving existing properties into a trust, it can still work out worthwhile if you have a large home loan and a small loan on the ivnestment property with heaps of equity. Selling to a trust will effectively allow you to convert non-deductible debt into deductible debt. You then need to compare the interest and tax savings…[Read more]

J Moloney wrote:
Again with the 100% offset acount do you only make the normal repayment required or do you pay more than the set repayment amount??Cheers Janie

once the offset account is linked to your loan you will still have to make your normal payments onto the loan whether that be priciple and interest or interest only, but you have the…[Read more]

J Moloney wrote:
Hi all, Thanks for all the feedback it's much appreciated. I have lots more questions to be answered though!! Firstly what does PPOR stand for? Personal Place Of Residance?? and once you have a loan on Principle & interest can you change it to Interest only? How does an offset account work, can it be set up with any lender??I'm…[Read more]

J Moloney wrote:
Hi I'm Janie I'm 20yo. i am really new to the property investment game. I bought my first home November last year with the aid of the first home owners grant with the intention to turn the property into a rental. My decision to by a property so early has stemmed from fear of 'missing the boat' rising interest rates etc. So i…[Read more]

timbo. wrote:
[Do you see any advantages (or disadvantages) of having your PPOR in the trust structure?ie, If you decide to change your PPOR, you have the option of adding the current one to your portfolio within a the trust structure.

I wouldn't put your own home in the trust,… you would have to talk to an accountant because if the home is…[Read more]

cu@thetop wrote:
Yes – this guy goes for bigger tenants but usually has them lined up before the first sod is turned.I agree the smaller commercial tenants are always the problem children.PS LA Aussie- like your work in the greedy tradies thread but I'm too scared to put my head up over there with all the vitriol flying around……..

 A large…[Read more]

simple wrote:
With commercial property, you would sign contact for 5 years, but 6-12 first months are often free. This is normal practice and i also see vendors agreed to pay say for 50% improvement bill ( fitout and such). So it/s is all not that sunny. Like in residential market you need to know what property's a the good pick…

6-12 months…[Read more]