CONSERVATION AND FUTURE INVESTMENT STRAGETIES HAS OUT-PHASED REVENUE, OR INCOME GENERATING STRATEGIES IN THE USA DOMESTIC AND FOREIGN MARKETS.

     Attributes of continued fluctuation within the range of plus and minus three US dollars per fifty dollars for the price of a barrel of crude oil in the USA and foreign World markets meant continued decline in gas prices at the petrol stations in the USA, European Union countries and foreign markets for a bigger break in gas expense for consumers with huge comeback of motorists on both the USA Interstates, or roads and European Highways, particularly in the next Summer season. In the USA domestic markets gas prices have declined by more than half of its original, or previous price of four dollars per liter of petrol to two dollars which further meant additional potential in the purchasing power of the USA hard currency the American dollar in the World financial markets, when compared to the constant value, or steady purchasing power of the European hard currency the Euro. However, for the bigger and struggling USA major petroleum companies which included the USA, Alaska and Gulf Coast  petroleum companies and refineries conservation and future investment strategies of sweet crude oil has out-phased revenue, or income generating activities in the USA domestic and foreign markets, specially for the purchase, or sale of petroleum and its products. Few petroleum companies have been threatened by continued decline of petroleum price per barrel of crude oil as a result the mentioned companies have either announced their intention for filing insolvency, or for slashing the number of its domestic and foreign employees by more than half of its original number estimated in thousands of employees, if crude oil prices continues to decline in the domestic and World markets. Reasons for petroleum price decline remains speculative. few sources have claimed Saudi Arabia has doubled the production capacity of its crude oil export, while other sources have said ISIS occupied oil fields in both the Northern Iraq region and Syria and flooded, or over supplied the World markets with petroleum.

                                             Written by Professor Godfrey Ohia.

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