Oil Prices Legacy (OPEC)
With the extreme rising cost of petrol and fuel prices. Oil prices has increased at least 40% during the same period last year.
Article taken from The Straits Times:
At US$125 a barrel, the value of OPEC's proven oil and gas resources is US$137 trillion, said Mr. Luft. This is roughly equipvalent to the world's total financial assets - stocks, bonds, other equities, government and corporate debt securities, and bank deposits. Add oil and gas reserves not yet discovered and OPEC's wealth more than doubles. If oil prices climb to US$200 - which is a real possbility, according to OPEC president Chakib Khelil - the wealth nearly doubles again.
At that hypothetical value, OPEC could buy Bank of America in one month's worth of production. Apple computers in a week, and General Motors in just 3 days, said Mr.Luft. Imagine the amount of resources OPEC is holding that could buy up companies like Bank Of America that has been established for donkey years within a month!
Then in the afternoon, i received an email.
Dear Elson Siah,
Entries are now open for The Entrepreneur of The Year Award 2008. Submit your entry and be recognised for your outstanding performance as a business owner. Closing date is on 16 July 2008.
Today is my godbrother's birthday, i feel so bad not remembering his birthday and i didnt get anything! I said to him that getting new sales for him would be his present, that was the best excuse i could have given. Pardon me. Thinking of that he got me a 1957series edition Mont Blanc pen for my birthday last year and said that it can only be used to sign on contracts worth $100,000 or more only. I have since used the pen only once. Maybe i should get him a pen to sign only on $1,000,000 worth? Since his contracts with big organizations can easily exceed $100,000. Then... We had dinner at Bark Cafe (it has been a tradition to dine there since 1990s). After which, my colleagues, shawny, fred, eve and I. Desmond & Dawn, with their kids, went to KTV at loyang point. We had a hell good time and it rocked the party when my godbrother sang a very classical cantonese songs together with a very retro movement dance imitating the singer on MTV.
Had a chat with this female friend of mine. Gosh, shes gorgeous. And the most importantly, she has a heart made out of gold (maybe diamonds).
Also had a chat with a very close friend. But kinda disappointing again as the conversation was always him talking. When me or my other friends try to speak our opinions or share our stories, he would intercept very immediately and turn the topic of attention to him. Persistent in an argument to fight whose right or wrong, sometimes we keep quiet even though we know he wasnt entirely right, just to avoid a fight. Sometimes, its makes me so uninterested to share my stories till the extend i would rather keep quiet throughout the outing and just listen. Probably why im a good listener than a speaker. And also all the money talk on how much cash he has with him, what he wears etc. Perhaps its a joy to share what one possess, but overdoing it (on every outing) makes it boasting (even if the intention was not to, but it would feel so to some). To a certain extend, a friend should never make another feel that hes comparing anything in difference. E.g: Salary or whatsoever. Leave that competition off the table, my friend. Pardon me for being sensitive. Afterall hes a great friend to have eventually, kindly allow me whine here and forget it.
Quote: Live and do things with passion. Passion alone makes you feel on top of the world. There are 3 types of people in the society. The winners, the whiners and the losers. What are you?
Article taken from The Straits Times:
At US$125 a barrel, the value of OPEC's proven oil and gas resources is US$137 trillion, said Mr. Luft. This is roughly equipvalent to the world's total financial assets - stocks, bonds, other equities, government and corporate debt securities, and bank deposits. Add oil and gas reserves not yet discovered and OPEC's wealth more than doubles. If oil prices climb to US$200 - which is a real possbility, according to OPEC president Chakib Khelil - the wealth nearly doubles again.
At that hypothetical value, OPEC could buy Bank of America in one month's worth of production. Apple computers in a week, and General Motors in just 3 days, said Mr.Luft. Imagine the amount of resources OPEC is holding that could buy up companies like Bank Of America that has been established for donkey years within a month!
Then in the afternoon, i received an email.
Dear Elson Siah,
Entries are now open for The Entrepreneur of The Year Award 2008. Submit your entry and be recognised for your outstanding performance as a business owner. Closing date is on 16 July 2008.
Today is my godbrother's birthday, i feel so bad not remembering his birthday and i didnt get anything! I said to him that getting new sales for him would be his present, that was the best excuse i could have given. Pardon me. Thinking of that he got me a 1957series edition Mont Blanc pen for my birthday last year and said that it can only be used to sign on contracts worth $100,000 or more only. I have since used the pen only once. Maybe i should get him a pen to sign only on $1,000,000 worth? Since his contracts with big organizations can easily exceed $100,000. Then... We had dinner at Bark Cafe (it has been a tradition to dine there since 1990s). After which, my colleagues, shawny, fred, eve and I. Desmond & Dawn, with their kids, went to KTV at loyang point. We had a hell good time and it rocked the party when my godbrother sang a very classical cantonese songs together with a very retro movement dance imitating the singer on MTV.
Had a chat with this female friend of mine. Gosh, shes gorgeous. And the most importantly, she has a heart made out of gold (maybe diamonds).
Also had a chat with a very close friend. But kinda disappointing again as the conversation was always him talking. When me or my other friends try to speak our opinions or share our stories, he would intercept very immediately and turn the topic of attention to him. Persistent in an argument to fight whose right or wrong, sometimes we keep quiet even though we know he wasnt entirely right, just to avoid a fight. Sometimes, its makes me so uninterested to share my stories till the extend i would rather keep quiet throughout the outing and just listen. Probably why im a good listener than a speaker. And also all the money talk on how much cash he has with him, what he wears etc. Perhaps its a joy to share what one possess, but overdoing it (on every outing) makes it boasting (even if the intention was not to, but it would feel so to some). To a certain extend, a friend should never make another feel that hes comparing anything in difference. E.g: Salary or whatsoever. Leave that competition off the table, my friend. Pardon me for being sensitive. Afterall hes a great friend to have eventually, kindly allow me whine here and forget it.
Quote: Live and do things with passion. Passion alone makes you feel on top of the world. There are 3 types of people in the society. The winners, the whiners and the losers. What are you?
posted by Elson at
11:24 AM
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