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THE 2016 po.com Oil Price Challenge

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Re: THE 2016 po.com Oil Price Challenge

Unread postby PeakOiler » Wed 13 Apr 2016, 15:19:08

The closing price on 4/11 changed the standings a bit. Here's the new scorecard:

Image

Pops jumps back into 2nd.

Where is Pops? I think I'm going to send a PM to admin. I hope he's OK.
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Re: THE 2016 po.com Oil Price Challenge

Unread postby Pops » Sun 17 Apr 2016, 17:43:21

Still kickin' POer...
and would you look at that, that's the highest rank I've held since I can't remember, maybe ever!
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Re: THE 2016 po.com Oil Price Challenge

Unread postby Tanada » Thu 28 Apr 2016, 10:13:08

Prices are up pretty solidly so far this week, when is your next update?
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Re: THE 2016 po.com Oil Price Challenge

Unread postby Cog » Thu 28 Apr 2016, 10:52:51

Yep. I think there might be a shift ahead. My guess was 47 average and 45 close. We are hovering around $45 right now.
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Re: THE 2016 po.com Oil Price Challenge

Unread postby dolanbaker » Thu 28 Apr 2016, 13:13:34

Still some time to go though, could still hit the $60-70 mark before the end of the year.
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Re: THE 2016 po.com Oil Price Challenge

Unread postby PeakOiler » Fri 29 Apr 2016, 18:38:37

Here's the latest scorecard:

Image

Me and Kublikhan moved in front of Outcast Searcher, just barely. Agent still enjoys his first place lead, but that too is getting less than it was.

We still may see a slow motion significant change in the standings by the end of the year. We'll see.
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Re: THE 2016 po.com Oil Price Challenge

Unread postby davep » Sat 30 Apr 2016, 15:48:32

$this->bbcode_second_pass_quote('', 'W')e still may see a slow motion significant change in the standings by the end of the year. We'll see.


We're a third of the way through the year. I think there's plenty of time for oil to trend upwards to, say, 57 dollars before heading down a bit again 8)
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Re: THE 2016 po.com Oil Price Challenge

Unread postby Pops » Sat 30 Apr 2016, 16:47:26

$this->bbcode_second_pass_quote('davep', '')$this->bbcode_second_pass_quote('', 'W')e still may see a slow motion significant change in the standings by the end of the year. We'll see.


We're a third of the way through the year. I think there's plenty of time for oil to trend upwards to, say, 57 dollars before heading down a bit again 8)

You are looking pretty good right now DaveO
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Re: THE 2016 po.com Oil Price Challenge

Unread postby davep » Sat 30 Apr 2016, 17:22:29

it makes a nice change!
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Re: THE 2016 po.com Oil Price Challenge

Unread postby davep » Thu 05 May 2016, 07:27:14

WTI crude currently inching above 45 dollars.
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Re: THE 2016 po.com Oil Price Challenge

Unread postby PeakOiler » Thu 05 May 2016, 08:38:52

Another new high price was reported for April 28th. The average price is creeping up too. A few changes in the standings as expected as the price rises:

Image

If the high gets to 48, the close gets to 45.81, and the average becomes 36, Pops will take first place.
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Re: THE 2016 po.com Oil Price Challenge

Unread postby Cog » Thu 05 May 2016, 09:20:38

55 here we come. Oil company stock price up sharply in pre-market trading. Even my much battered and abused MRO.
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Re: THE 2016 po.com Oil Price Challenge

Unread postby PeakOiler » Wed 11 May 2016, 15:25:07

There were no changes in the standings this week. The average price, however, has crept up to $35.85. As the average price increases, AgentR11's lead shrinks compared to Pops. Last week the difference between AgentR11 and Pops was $6.84. This week the difference is $5.86.
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Re: THE 2016 po.com Oil Price Challenge

Unread postby Subjectivist » Wed 11 May 2016, 17:50:26

$this->bbcode_second_pass_quote('PeakOiler', 'T')here were no changes in the standings this week. The average price, however, has crept up to $35.85. As the average price increases, AgentR11's lead shrinks compared to Pops. Last week the difference between AgentR11 and Pops was $6.84. This week the difference is $5.86.


Out of idle curiosity, how high does it have to go for me to advance out of last place?
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Re: THE 2016 po.com Oil Price Challenge

Unread postby PeakOiler » Wed 11 May 2016, 21:40:40

$this->bbcode_second_pass_quote('Subjectivist', '')$this->bbcode_second_pass_quote('PeakOiler', 'T')here were no changes in the standings this week. The average price, however, has crept up to $35.85. As the average price increases, AgentR11's lead shrinks compared to Pops. Last week the difference between AgentR11 and Pops was $6.84. This week the difference is $5.86.


Out of idle curiosity, how high does it have to go for me to advance out of last place?


If the high gets to 72, the close at 71, and the average gets to 40, then you will get out of last place. This is really a very rough guess though, since it's difficult knowing what the average price would actually be with a high and close price getting to those levels.

If you'd like a copy of the spreadsheet, send me a PM with your email address and I'll send it to you. Then you can try your own iterations on the "What If" page of the workbook.
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.

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Re: THE 2016 po.com Oil Price Challenge

Unread postby kublikhan » Thu 12 May 2016, 02:15:16

Just a few dollars more! Get to 50 then stay there :)
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Re: THE 2016 po.com Oil Price Challenge

Unread postby wildbourgman » Sat 14 May 2016, 11:00:32

I'm getting ready to move up the charts.
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Re: THE 2016 po.com Oil Price Challenge

Unread postby dolanbaker » Sun 15 May 2016, 02:50:39

$this->bbcode_second_pass_quote('wildbourgman', 'I')'m getting ready to move up the charts.

I'll race yer! ;)
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Re: THE 2016 po.com Oil Price Challenge

Unread postby vtsnowedin » Sun 15 May 2016, 03:22:34

Anybody got a side bet on the price in December if Trump wins? 8O
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Re: THE 2016 po.com Oil Price Challenge

Unread postby dolanbaker » Sun 15 May 2016, 15:54:34

$this->bbcode_second_pass_quote('vtsnowedin', 'A')nybody got a side bet on the price in December if Trump wins? 8O

What could he do to influence the price of oil?
Bomb SA or something....
Religion is regarded by the common people as true, by the wise as false, and by rulers as useful.:Anonymous
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