Hey, I may send you one anyway, for your excellent work in running the contest this year, so if you beat me, I will send you two.
But, there are still 20 or so trading days left, am I right?
PeakOil is You
The 2011 PO.com Oil Price Challenge
Re: The 2011 PO.com Oil Price Challenge
by pup55 » Thu 01 Dec 2011, 15:16:20
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pup55 - Light Sweet Crude
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Re: The 2011 PO.com Oil Price Challenge
by PeakOiler » Thu 01 Dec 2011, 20:47:47
$this->bbcode_second_pass_quote('pup55', 'H')ey, I may send you one anyway, for your excellent work in running the contest this year, so if you beat me, I will send you two.
But, there are still 20 or so trading days left, am I right?
But, there are still 20 or so trading days left, am I right?
Yeah, 20 days sounds about right. And you may still beat me if the closing price stays below $100. Above $100 I would be ahead of you. There's also still a chance WTI may go over $106.20 too, at which point I would be #1! (But I'm not holding my breath).
I appreciate the compliment pup55. You had asked me about a year ago if I would take over the PO.com Oil Price Challenge, and at the time I replied "no", but it looks like I did anyway! lol
We'll see how the game turns out and then we can discuss a trade.
There’s a strange irony related to this subject [oil and gas extraction] that the better you do the job at exploiting this oil and gas, the sooner it is gone.
--Colin Campbell
--Colin Campbell
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PeakOiler - Intermediate Crude
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Re: The 2011 PO.com Oil Price Challenge
by PeakOiler » Thu 01 Dec 2011, 21:44:57
Somewhere early in this thread, and I haven't reviewed it yet, but someone posted the EIA's and Goldman Sachs' estimates of the high and low price of WTI in 2011. EIA: 89 for the high and 84 for the low. GS: 107 for the high, 91 for the low, and 107 for the close. I put those numbers into the spreadsheet and GS was #14 and the EIA was #22! Half of the PO.com players guessed better than the EIA! 
There’s a strange irony related to this subject [oil and gas extraction] that the better you do the job at exploiting this oil and gas, the sooner it is gone.
--Colin Campbell
--Colin Campbell
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PeakOiler - Intermediate Crude
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Re: The 2011 PO.com Oil Price Challenge
by sparky » Mon 05 Dec 2011, 23:29:14
.that's a though comparing the Peakoil prediction with industry , journalists or traders
we can take eighty percent of our entries,
those +/-10% extremes are not always seriously entered
we can take eighty percent of our entries,
those +/-10% extremes are not always seriously entered
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Re: The 2011 PO.com Oil Price Challenge
by SteinarN » Tue 06 Dec 2011, 17:01:41
It seems the WTI is slooowly creeping above 100. Lets hope it stays there until year end, not above about 106 though.
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SteinarN - Master Prognosticator
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Re: The 2011 PO.com Oil Price Challenge
by PeakOiler » Wed 07 Dec 2011, 19:51:18
I wouldn't mind if it got to $106.20 for just one day. Like on December 30th.
SteinarN is #1 as of Dec 5th:
SteinarN is #1 as of Dec 5th:
There’s a strange irony related to this subject [oil and gas extraction] that the better you do the job at exploiting this oil and gas, the sooner it is gone.
--Colin Campbell
--Colin Campbell
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PeakOiler - Intermediate Crude
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Re: The 2011 PO.com Oil Price Challenge
by SteinarN » Thu 08 Dec 2011, 05:51:38
$this->bbcode_second_pass_quote('PeakOiler', 'I') wouldn't mind if it got to $106.20 for just one day. Like on December 30th.
I bet you wouldn't
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SteinarN - Master Prognosticator
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Re: The 2011 PO.com Oil Price Challenge
by TheAntiDoomer » Mon 12 Dec 2011, 11:11:55
It's going to be either me, seagypsy or Steiner......if we have a little drop, I win, if it stays steady, its the gypsy, if it goes up, its steiner.
"The human ability to innovate out of a jam is profound.That’s why Darwin will always be right, and Malthus will always be wrong.” -K.R. Sridhar
Do I make you Corny?
"expect 8$ gas on 08/08/08" - Prognosticator
Do I make you Corny?
"expect 8$ gas on 08/08/08" - Prognosticator
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Re: The 2011 PO.com Oil Price Challenge
by pup55 » Mon 12 Dec 2011, 20:03:47
Pretty tense. The whole table can be turned upside down with just a few dollars. The last trading day will fall on Friday the 30th, which means a lot of US traders may want to walk away from the market so as not to be exposed over the long New Year weekend... which means light volume... which means the possibility of pretty big price swings that day....
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Re: The 2011 PO.com Oil Price Challenge
by TheAntiDoomer » Wed 14 Dec 2011, 12:12:49
96.50, we are only 2 bucks from antidoomer glory 
"The human ability to innovate out of a jam is profound.That’s why Darwin will always be right, and Malthus will always be wrong.” -K.R. Sridhar
Do I make you Corny?
"expect 8$ gas on 08/08/08" - Prognosticator
Do I make you Corny?
"expect 8$ gas on 08/08/08" - Prognosticator
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TheAntiDoomer - Heavy Crude
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- Joined: Wed 18 Jun 2008, 03:00:00
Re: The 2011 PO.com Oil Price Challenge
by TheAntiDoomer » Wed 14 Dec 2011, 16:09:48
94.81!!!!! Even if its for a brief moment i'm back in First baby!! wooooohoooo
"The human ability to innovate out of a jam is profound.That’s why Darwin will always be right, and Malthus will always be wrong.” -K.R. Sridhar
Do I make you Corny?
"expect 8$ gas on 08/08/08" - Prognosticator
Do I make you Corny?
"expect 8$ gas on 08/08/08" - Prognosticator
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TheAntiDoomer - Heavy Crude
- Posts: 1556
- Joined: Wed 18 Jun 2008, 03:00:00
Re: The 2011 PO.com Oil Price Challenge
by TheAntiDoomer » Mon 19 Dec 2011, 11:24:05
How is the table looking with 10 trading days left?
"The human ability to innovate out of a jam is profound.That’s why Darwin will always be right, and Malthus will always be wrong.” -K.R. Sridhar
Do I make you Corny?
"expect 8$ gas on 08/08/08" - Prognosticator
Do I make you Corny?
"expect 8$ gas on 08/08/08" - Prognosticator
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TheAntiDoomer - Heavy Crude
- Posts: 1556
- Joined: Wed 18 Jun 2008, 03:00:00
Re: The 2011 PO.com Oil Price Challenge
by davep » Mon 19 Dec 2011, 11:25:04
You may be taking this just a wee bit too seriously...
What we think, we become.
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Re: The 2011 PO.com Oil Price Challenge
by dolanbaker » Mon 19 Dec 2011, 11:40:56
$this->bbcode_second_pass_quote('davep', 'Y')ou may be taking this just a wee bit too seriously...
Maybe this is the first time he's ever won anything.
Religion is regarded by the common people as true, by the wise as false, and by rulers as useful.:Anonymous
Our whole economy is based on planned obsolescence.
Hungrymoggy "I am now predicting that Europe will NUKE ITSELF sometime in the first week of January"
Our whole economy is based on planned obsolescence.
Hungrymoggy "I am now predicting that Europe will NUKE ITSELF sometime in the first week of January"
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Re: The 2011 PO.com Oil Price Challenge
by Revi » Mon 19 Dec 2011, 11:55:09
I am back in 28th place. I am sure glad I didn't bet any maple syrup this year. ( I ran out anyway)
Deep in the mud and slime of things, even there, something sings.
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Re: The 2011 PO.com Oil Price Challenge
by Cog » Mon 19 Dec 2011, 17:01:02
I'm annoyed by all this, I want you to know. I was in the top five in 2009. The top ten in 2010. And now in 2011, I'm in 13th place.
I've concluded the more I play this game, the worse I get at it.
I've concluded the more I play this game, the worse I get at it.
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Re: The 2011 PO.com Oil Price Challenge
by kublikhan » Mon 19 Dec 2011, 17:43:53
There is no shame in being behind the almighty Kublikhan. His gift for predicting the future borders on legendary.
The oil barrel is half-full.
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kublikhan - Master Prognosticator
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Re: The 2011 PO.com Oil Price Challenge
by TheAntiDoomer » Tue 20 Dec 2011, 11:07:25
After having the lead for a couple days it shifts back to Sea Gypsy, this is going to be an exciting finish!
"The human ability to innovate out of a jam is profound.That’s why Darwin will always be right, and Malthus will always be wrong.” -K.R. Sridhar
Do I make you Corny?
"expect 8$ gas on 08/08/08" - Prognosticator
Do I make you Corny?
"expect 8$ gas on 08/08/08" - Prognosticator
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TheAntiDoomer - Heavy Crude
- Posts: 1556
- Joined: Wed 18 Jun 2008, 03:00:00
Re: The 2011 PO.com Oil Price Challenge
by SeaGypsy » Sun 25 Dec 2011, 07:40:04
Happy xmas all! ( )
Do we get a last scorecard for this week?
)Do we get a last scorecard for this week?
- SeaGypsy
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Re: The 2011 PO.com Oil Price Challenge
by PeakOiler » Sun 25 Dec 2011, 08:15:18
Deleted-double post.
Last edited by PeakOiler on Sun 25 Dec 2011, 08:17:39, edited 1 time in total.
There’s a strange irony related to this subject [oil and gas extraction] that the better you do the job at exploiting this oil and gas, the sooner it is gone.
--Colin Campbell
--Colin Campbell
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PeakOiler - Intermediate Crude
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