[shortonoil]

.

I think it is more likely that each firm has taken a different perspective of the market. Goldman Sachs analysts might be looking at the fact that we are using 6 barrels to every 1 that we find and that most of the world's King and Queen fields are in decline. That will undoubtably result in increasing prices. Morgan Stanley analysts might be looking at the affect of the rising current account deficit and the collapse of the financial/monatary structure that will ensue. That scenario would result in drastically reduced demand and falling prices. The question of which one has the right answer will probably be determined by unknown factors.

.

[nth]

$this->bbcode_second_pass_quote('shortonoil', '.')

I think it is more likely that each firm has taken a different perspective of the market. Goldman Sachs analysts might be looking at the fact that we are using 6 barrels to every 1 that we find and that most of the world's King and Queen fields are in decline. That will undoubtably result in increasing prices. Morgan Stanley analysts might be looking at the affect of the rising current account deficit and the collapse of the financial/monatary structure that will ensue. That scenario would result in drastically reduced demand and falling prices. The question of which one has the right answer will probably be determined by unknown factors.

.

[shortonoil]

nth said:

$this->bbcode_second_pass_quote('', 'M')organ Stanley is not looking at the collapse you mention. Their advise doesn't make sense if this was true. Morgan Stanley's analyst is just seeing economic slowdown and sees a lot of leverage instead of real demands in the oil market.

What is interesting to note is that Morgan Stanley has not announce it has sold its oil interests. On the contrary, it has acquired oil firms and those firms are still actively buying oil as of last month.

[nth]

$this->bbcode_second_pass_quote('shortonoil', '[')b]nth said:

$this->bbcode_second_pass_quote('', 'M')organ Stanley is not looking at the collapse you mention. Their advise doesn't make sense if this was true. Morgan Stanley's analyst is just seeing economic slowdown and sees a lot of leverage instead of real demands in the oil market.

What is interesting to note is that Morgan Stanley has not announce it has sold its oil interests. On the contrary, it has acquired oil firms and those firms are still actively buying oil as of last month.

[nth]

$this->bbcode_second_pass_quote('shortonoil', '.')
If this guy believes that tar sands are going to make a difference, he's probably not worth listening to. Tar sands are at best, only a small energy gain.
.

[MD]

$this->bbcode_second_pass_quote('nth', '
')Tar sands is not going to lower price of oil, but it is going to be a significant source for us.
Canada will reach 5mbpd and Venezeula if regime change like what Bush wants, will also reach in a couple mbpd.

[airstrip1]

$this->bbcode_second_pass_quote('', '
')
No, Morgan Stanley is not advising clients that there will be a correction. The idea of correction is your idea not theirs.

Oil price forecast by Morgan Stanley...
$this->bbcode_second_pass_quote('', '
')Using Morgan Stanley forecasts for oil prices, our central expectation is that energy prices faced by UK consumers in 2005 will be, on average, nearly 8% higher than in 2004.

[Sys1]

Especially because they use natural gaz to process oil from tar sands !!!

[KevO]

$this->bbcode_second_pass_quote('Sgs-Cruz', 'U')m, look down about seven threads:

http://www.peakoil.com/fortopic8862.html

[Sgs-Cruz]

Uh, I see the threads are now merged, leading to my other post linking to the same thread that it's already in. Thanks for making me look like an idiot

[KevO]

$this->bbcode_second_pass_quote('Sgs-Cruz', 'U')h, I see the threads are now merged, leading to my other post linking to the same thread that it's already in. Thanks for making me look like an idiot

[MacG]

$this->bbcode_second_pass_quote('clv101', 'T')he reason I don't say it's a good thing is that without recognising the energy disaster we won't even attempt to address it. We won't go on a major efficiency or alternatives drive. We'll just have one big, nasty, ever-deepening depression.

[shortonoil]

MacG said:

$this->bbcode_second_pass_quote('', 'Y')ep, but depressions are not frozen states. Societies will start to reorganize themselves according to the new conditions. Dmitry Orlov describes how this happened in Russia in the 1990:s and the same will happen for us.

[MacG]

$this->bbcode_second_pass_quote('shortonoil', ' ')Russia was not short on oil in 1990. Everything in our society is dependent on the availability of oil. Our present culture can not be rebuilt without a substitute for petroleum and as yet we aren't even close to accomplishing that feat. It is more probable that we will experience several generations of declining world population, poverty, wars and socio/economic disruption. A thousand year darkages could be in the making. We will probably just be another of the 360 odd civilizations that have come and gone in the history of man.

[nth]

$this->bbcode_second_pass_quote('MD', '')$this->bbcode_second_pass_quote('nth', '
')Tar sands is not going to lower price of oil, but it is going to be a significant source for us.
Canada will reach 5mbpd and Venezeula if regime change like what Bush wants, will also reach in a couple mbpd.

[MD]

$this->bbcode_second_pass_quote('nth', '')$this->bbcode_second_pass_quote('MD', '')$this->bbcode_second_pass_quote('nth', '
')Tar sands is not going to lower price of oil, but it is going to be a significant source for us.
Canada will reach 5mbpd and Venezeula if regime change like what Bush wants, will also reach in a couple mbpd.

[nth]

$this->bbcode_second_pass_quote('MD', '')$this->bbcode_second_pass_quote('nth', '')$this->bbcode_second_pass_quote('MD', '')$this->bbcode_second_pass_quote('nth', '
')Tar sands is not going to lower price of oil, but it is going to be a significant source for us.
Canada will reach 5mbpd and Venezeula if regime change like what Bush wants, will also reach in a couple mbpd.

[nth]

$this->bbcode_second_pass_quote('airstrip1', '')$this->bbcode_second_pass_quote('', '
')
No, Morgan Stanley is not advising clients that there will be a correction. The idea of correction is your idea not theirs.

Oil price forecast by Morgan Stanley...
$this->bbcode_second_pass_quote('', '
')Using Morgan Stanley forecasts for oil prices, our central expectation is that energy prices faced by UK consumers in 2005 will be, on average, nearly 8% higher than in 2004.

[spot5050]

$this->bbcode_second_pass_quote('Raxozanne', '')$this->bbcode_second_pass_quote('', '
')SINGAPORE (Reuters) - The oil market may be quickly headed for a massive crash as global economic growth slackens, alternative energy gains ground and financial traders sense a price peak, an economist with Morgan Stanley said on Thursday

[saginawstrongblockdilemma]

I very much regret asking my girlfriend to read Matt Savinars webpage. I am a Californian agnostic- peak oil was built into me. Colin Campbell reaffirmed my understanding of oil. He is educated, intelligent, an expert in his field, and in my estimation a brave man. I accept his data, and his conclusions. As for Matt Savinar...
Peak oil, that's just empirical data. The FUTURE, however, was, is and will forever be unscrutable. You couldn't get Colin Campbell into the business of predicting the future with a cattleprod. The man is a scientist. The blessing/curse of politics is that no good political decision ever escapes being undone by a later group of politicians. If democrats weren't so f@ck&*g inept, things would be at least a little different today. But even red-staters are capable of getting fed up with a diminishing quality of life, and things change- for now. The end of oil, certainly. Mob rule, mass extinction, maybe. Don't let dire predictions, overide, your only natural advantage. Use your critical thinking, you drooling, spindly, pitiful ape! Unless of course they're giving away laptops for fifty bucks!