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Page added on January 28, 2016
Why Oil Prices Won’t Recover Anytime Soon
Peter Esho, Invast Securities chief market analyst, discusses the Fed’s decision to leave its benchmark rate unchanged and the outlook for oil prices. He speaks with Bloomberg’s Rishaad Salamat on “Trending Business.”
10 Comments on "Why Oil Prices Won’t Recover Anytime Soon"
Brian Richards on Thu, 28th Jan 2016 9:26 am
What exactly is this “new technology” that will be moving us towards the glorious days of reduced oil consumption, and provide investors untold riches?
ennui2 on Thu, 28th Jan 2016 10:51 am
If you have to ask, then you’ll never get it.
Apneaman on Thu, 28th Jan 2016 10:56 am
Brian, it’s actually an old tech – hoofing it.
Krnz300 on Thu, 28th Jan 2016 10:56 am
Transition to a sefer, cleaner and cheaper alternative energy future.
100% electric transportation and 100% solar by 2030
https://www.youtube.com/watch?v=RBkND76J91k
shortonoil on Thu, 28th Jan 2016 11:10 am
“What exactly is this “new technology” that will be moving us towards the glorious days of reduced oil consumption, and provide investors untold riches?”
Its called a chariot followed by 50 slaves. They were all the rage in the last empire.
GregT on Thu, 28th Jan 2016 12:23 pm
“If you have to ask, then you’ll never get it.”
Shhh Brian, don’t say a word, and ‘it’ will rain down on you. Any day now……..
marmico on Thu, 28th Jan 2016 12:33 pm
Its called a chariot followed by 50 slaves
It’s called primary school arithmetic and you are still wrapped in swaddling.
GregT on Thu, 28th Jan 2016 12:43 pm
For once marmico, I would have to agree with you, basic primary school arithmetic and all. Short is totally wrong. It would take much more than 50 slaves to maintain some semblance of BAU.
marmico on Thu, 28th Jan 2016 1:09 pm
I’m confounded that you didn’t raise the ETP model up and down the flag pole, once, twice or thrice.
Just to be clear, the quart shy of oil’s ETP model is complete bullshit.
It is pleasant to see a quart shy of oil post without a link to Bedford Hill’s static website. Who the fuck would name their swaddling baby, Bedford?
GregT on Thu, 28th Jan 2016 2:06 pm
“Just to be clear, the quart shy of oil’s ETP model is complete bullshit.”
It would take much more than your foul mouth to convince me personally that Short’s ETP model is incorrect marmico. Present your model that disproves Short’s work, and I promise to take a look. Until then, Short has presented us all with his model, which is difficult to argue against, when one uses basic physics, mathematics, and the slightest semblance of intelligence.