HUGE DISCOVERY of Oil by Ameratex Energy. Much of the speculative nature of oil-gas investments involves drilling to find oil and gas reserves that will be profitable to develop and money is sometimes spent where they are unsure as to the size of the oil or gas pocket. Normally, propane and heating oil prices have fallen in New England and Atlantic Canada by about 10% since January 1st, 2012. The primary driver of heating oil and propane prices is the price of crude oil, which has been falling since January 1st, 2012. Extreme weather, seasonal demand, supply disruptions and speculation can also affect short-term propane and heating oil prices. Therefore, to get an idea of where heating fuel prices could go, you have to understand where crude oil prices could go. Ameratex Energy crude oil prices are driven by real and anticipated supply and demand. An increase in supply or a decrease in demand leads to lower prices. A decrease in supply or an increase in demand leads to higher prices. We call this the 'get rich quick' or 'get rich overnight' ethic or mentality. That is, the notion and thinking that just the mere involvement of one in the petroleum trading business, whether as a dealer or a broker, agent or other intermediary role, will almost automatically guarantee one a millionaire, in deed, a multimillionaire, station in life, and almost in no time at all! That is an ethic and mentality that has pervaded the common mindset and psychic of the average intermediary involved, or contemplating involvement, in the business today, and has been even particularly more heightened since the modern era of the Internet trading. In a word, it is a mentality that says that world oil deals and the petroleum trading are a business that is awash in wealth and fortunes and easily guarantees the intermediary who gets involved in it in any capacity at all, but in particular as an agent or intermediary of some sort, that, as one analyst put it, "you are going to be super rich next week or next month" by doing so. Oil prices have primarily gone down due to concerns over the economic growth rates of the United States, China and Europe. Slower economic growth leads to lower demand for oil, and therefore lower prices. Global markets are hard to predict since there are too many variables. Therefore, no one can accurately predict the price of oil - beware of people or companies that try to convince you they can forecast oil prices. These events will likely lead to lower 2012 crude oil prices: Lower predictions for the global economic growth and recovery, and therefore lower oil demand; No resolution to the European debt crisis, and therefore a belief that Europe's economies will continue to suffer; Conflicts in Africa and the Middle East get resolved in 2012 and oil supply increases (e.g. Yemen, Syria, Sudan and Iran). These events will likely lead to higher 2012 crude oil prices: Decrease in oil supply from African and Middle Eastern countries due to conflict or economic sanctions (e.g. Yemen, Syria, Sudan and Iran); Ameratex Energy Inc Forecasts for global economic growth improve, particularly in the United States, China, or Europe; The European debt crisis is resolved in 2012 and Europe's economies improve. Historically, in the past, over a period of several decades (and beyond), there has almost always been a sizable number of what could be called "professional middlemen" who operated in the oil and other commodity "secondary market" trading industries who are primarily but genuinely driven by the belief or inner conviction that working as an intermediary in the industry is a reasonable path to honest living which, if not leading one to an instant wealth, then at least to a reasonable means of livelihood and steady economic progress and well-being.
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