I say smallpoxgirl analysis and was inspired!
"I was just looking at the eia graph of crude prices over the last 8 years and it occured to me that the prices since May 02 have a fairly smooth curve to them. Just for fun I thought I'd try and fit a polynomial to them and see what I came up with. I let x=the number of days since 4/26/02 (the point at which the curve starts to look smooth to me.) By eyeballing it I came up with a best fit function y=0.000000012*x^3 +0.0045 * x + 27. It fits pretty nicely. It gives today's oil price as $77.67. Not far off. For one year from now it gives a price of $118. For 7/14/2011, it gives the price as an even $500. Shocked
I realize it's a pretty limit technique and maybe I shouldn't be wasting my time with it. Just seemed like an interesting observation."
However I would like to take it one step higher:
can someone me the links to historical oil prices and i'm going to play with some time-frequency analysis...
anyone know of any place to download a day by day chart (excel, CSV, etc) of the crude oil prices. Putting it in MATLAB might be interesting...
Please help, I couldn't find that information, all the charts I found are not detailed enough..... I would like a chart day by day (HIGH RESOLUTION CHART), and very long historical (50years or more) and if possible in a form that can be easily exported to excel, ... thanks!

