dagblog - Comments for "The High-Priced Spread"

A lot has happened with oil

Donal — Fri, 25 Feb 2011 14:50:00 +0000

A lot has happened with oil prices since I posted this ten days ago, but Hamilton at Econbrowser still finds the Brent WTI spread puzzling.

Yuck yuck

David Seaton — Wed, 16 Feb 2011 15:35:00 +0000

In reply to So you're saying it's a

Yuck yuck

So you're saying it's a

acanuck — Wed, 16 Feb 2011 07:39:37 +0000

In reply to Welcome to oil!I had to spend

So you're saying it's a slippery slope?

Welcome to oil!I had to spend

David Seaton — Wed, 16 Feb 2011 07:02:04 +0000

In reply to The High-Priced Spread

Welcome to oil!

I had to spend some ten years reading hundreds upon hundreds of articles on oil in order to put together press dossiers for an oil futures trading company and what I learned was that although there are many oil experts they mostly resemble the blind men who find the elephant story.

There are so many variables that interact in so many ways. That and the fact that a lot of the information that is published is not even true, that you could go nuts trying to predict how it is going to behave... Like I say, welcome to oil.

Fears of Mideast unrest could

acanuck — Tue, 15 Feb 2011 22:00:40 +0000

In reply to The High-Priced Spread

Fears of Mideast unrest could certainly be pushing up European oil prices. As could renewed debate (thank you, WikiLeaks) over exactly how big Saudi Arabia's reserves are. The guy at the heart of that controversy downplays it, but that's what you'd expect him to do, right?

http://www.guardian.co.uk/environment/blog/2011/feb/15/oil-saudi-arabia-reserves