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Oil Surplus

Topics: White Giant: Oil Surplus

NSrailfan

Monday, June 25, 2012 - 05:10 pm Click here to edit this post
My Oil company has a surplus of oil now and I looked at the oil demand. There used to be a -5 Trillion oil surplus and now there's a +2 Trillion oil surplus.

Does anyone know what happened? Why is there suddenly a huge surplus? The price of oil also dropped significantly with the huge surplus.

I have a feeling all countries producing large amounts of oil were hit the hardest by this surplus.

dboyd3702

Monday, June 25, 2012 - 05:47 pm Click here to edit this post
So have your CEOs buy up the surplus, it's an artificial bump either by the GM or someone selling off their surplus.
I just put an order in for 660,000,000 myself

maclean

Tuesday, June 26, 2012 - 02:55 pm Click here to edit this post
It is popularly known as the "supply fairy". With the wave of a digital wand, stocks of product magically appear overnight. It was initially thot of as a way to address severe shortfalls, as in -5T oil, but sometimes offers an opportunity to buy up the sudden surplus, which may lead straight back to a shortage again. Not to worry too much (some worry is ok :) ) as it will balance out in a couple real weeks or so. just ride out the drop in price and don't be too hasty about closing your oil corps. I have heard that this surplus triggers shutdowns of the affected corps in C3 countries, evening out supply/demand problems. can't vouch for that, tho.


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