PeakOil is You
THE Peak Oil is a Hoax Thread (merged)
Re: Cody Willard on Peak Oil
by smallpoxgirl » Sun 18 May 2008, 19:43:01
$this->bbcode_second_pass_quote('NTBKtrader', 'h')e may be right but only because of a depression/drastic demand destruction, when investors figure out that the economy won't grow anymore it will be a race to the bottom...
I don't see that argument at all. Demand destruction is nothing more than the standard supply/demand dynamic. At $120/barrel, just as some supply sources may become profitable that wouldn't otherwise be, some demand types will become uneconomical and shift. Markets rarely move in a straight linear fashion. They ebb and flow. I do think there is a significant potential for a temporary market pull back at any point, but thinking that oil is ever going back to $10 a barrel is just silly. Supply appears very much to be maxed out. Even if per-capita demand stays stable, the population is increasing exponentially. The only limitation on demand is price. When the price declines, demand spikes, and price heads right back up. Long term, price is going no where but up.
"We were standing on the edges
Of a thousand burning bridges
Sifting through the ashes every day
What we thought would never end
Now is nothing more than a memory
The way things were before
I lost my way" - OCMS
Of a thousand burning bridges
Sifting through the ashes every day
What we thought would never end
Now is nothing more than a memory
The way things were before
I lost my way" - OCMS
-
smallpoxgirl - Expert
- Posts: 7258
- Joined: Mon 08 Nov 2004, 04:00:00
Re: Cody Willard on Peak Oil
by Revi » Sun 18 May 2008, 19:53:29
"Better top indicators are the endless money managers constantly being trot out in front of viewers, listeners, and readers of the mainstream media, all of whom are now certified oil cycle and technology experts, and KNOW FOR SURE that peak oil’s FOR REAL! As our competing TV station put it today, “There Will Be Higher Oil Prices”. That was across the lower third of their screen for an entire interview with some dude who says that there’s $30-40 of speculative premium in oil but that $140, $150 are the next stop anyway. He even said outloud after explaining his logic of higher prices, “It doesn’t make sense for prices to go higher…but they will!”
From the Cody Willard article.
I think he may be partially right. Commodity prices tend to go up and crash down. I think the longer term trend will be for more expensive oil, though. I think it will correct to around 100 or 110, and then climb back towards $140.
We'll see...
From the Cody Willard article.
I think he may be partially right. Commodity prices tend to go up and crash down. I think the longer term trend will be for more expensive oil, though. I think it will correct to around 100 or 110, and then climb back towards $140.
We'll see...
Deep in the mud and slime of things, even there, something sings.
-
Revi - Light Sweet Crude
- Posts: 7417
- Joined: Mon 25 Apr 2005, 03:00:00
- Location: Maine
Re: Cody Willard on Peak Oil
by oilluber » Sun 18 May 2008, 20:06:31
cody willard is a hip hop, cool , techy, columnist with the latest
hair styles.
Why he wants to talk about oil is anybodies guess, I guess
its a fashionable thing to do nowadays.
He should go on Dr. Phil or Oprah and talk about things that
are more important to him like being bad, fitting with the in crowd,
balckberries, etc.
I cannot believe there is actually a thread like this, so much
that I had to post. What an insult to the forum
hair styles.
Why he wants to talk about oil is anybodies guess, I guess
its a fashionable thing to do nowadays.
He should go on Dr. Phil or Oprah and talk about things that
are more important to him like being bad, fitting with the in crowd,
balckberries, etc.
I cannot believe there is actually a thread like this, so much
that I had to post. What an insult to the forum
-
oilluber - Coal
- Posts: 493
- Joined: Sun 03 Jul 2005, 03:00:00
Re: Cody Willard on Peak Oil
by smallpoxgirl » Sun 18 May 2008, 20:35:18
$this->bbcode_second_pass_quote('oilluber', 'c')ody willard is a hip hop, cool , techy, columnist with the latest hair styles.
Are you kidding? The last popular people with his hair style were Hansen:
"We were standing on the edges
Of a thousand burning bridges
Sifting through the ashes every day
What we thought would never end
Now is nothing more than a memory
The way things were before
I lost my way" - OCMS
Of a thousand burning bridges
Sifting through the ashes every day
What we thought would never end
Now is nothing more than a memory
The way things were before
I lost my way" - OCMS
-
smallpoxgirl - Expert
- Posts: 7258
- Joined: Mon 08 Nov 2004, 04:00:00
Re: Cody Willard on Peak Oil
by Aaron » Mon 19 May 2008, 00:20:40
$this->bbcode_second_pass_quote('smallpoxgirl', '')$this->bbcode_second_pass_quote('oilluber', 'c')ody willard is a hip hop, cool , techy, columnist with the latest hair styles.
Are you kidding? The last popular people with his hair style were Hansen:
Bottom left a guy or girl?
And who is Hansen?
The problem is, of course, that not only is economics bankrupt, but it has always been nothing more than politics in disguise... economics is a form of brain damage.
Hazel Henderson
Hazel Henderson
-
Aaron - Resting in Peace
- Posts: 5998
- Joined: Thu 15 Apr 2004, 03:00:00
- Location: Houston
