Oil Prices: Speculation or supply and demand?

[Winston]

To the back of the bread line with you, comrade Kidicious! Do not bring your daily ration of vodka. Leave it here, and it will be in the care of the Party. See you on Wednesday!

[Kidlicious]

Originally posted by Kuciwalker

No. When planning is centralized most of the risk is eliminated. That is the risk that the other suppliers will expand more than you expect them too. But centralized risk isn't even a big deal.

Oh dear god, how wrong this is and how much you hurt my head, Kid.

I didn't expect you to understand, since you are still a student.

[Kuciwalker]

For one, the #1 risk in oil, period, is in exploration. No amount of central planning will eliminate that risk.

[Imran Siddiqui]

Originally posted by ramseya
Have you ever heard of a UCLA Finance professor named Richard Roll

Did you just Rick Roll us?

[Dauphin]

Originally posted by Kuciwalker


For one, the #1 risk in oil, period, is in exploration. No amount of central planning will eliminate that risk.

I consider political interference should be #1, for nothing else but the irony it provides.

[Kuciwalker]

Touche.

[Kidlicious]

Originally posted by Kuciwalker


For one, the #1 risk in oil, period, is in exploration. No amount of central planning will eliminate that risk.

Do you think that's a counter argument?

[Kuciwalker]

Yes.

[Kidlicious]

Originally posted by Kuciwalker
Yes.

I wasn't even talking about that. You might as well have said that a monkey through **** at you when you visited the zoo.

[Dauphin]

I'd agree. You were talking about a whole load of monkey crap.

[Kidlicious]

I was talking about oil price risk in case anyone else cares.

[Dauphin]

Carry on then, I don't want to ruin your illusions.

[Kidlicious]

What a pity. I thought at least you might have something worthwhile to say.

[Dauphin]

My advice is don't bother reading the drivel in this thread.

[ramseya]

Here's a link to Richard Roll's study:

Richard Roll