pup55 wrote:We are not subscribers to the theory that global oil supply has hit some magical inflection
point that will result in permanent supply declines at some point in the near future.
page 15
pup55 wrote:We are not subscribers to the theory that global oil supply has hit some magical inflection
point that will result in permanent supply declines at some point in the near future.
page 15
pup55 wrote:g. Based on the oil price being X you should be able to calculate the increased value of some of the companies in (e) and therefore fatten up temporarily by investing in them now (the point of the paper) by some known amount, and presumably cash in before the next glut. They claim there is still plenty of time to do this fattening.
pup55 wrote:
f. Eventually, two things will happen. "Demand destruction" will occur, and also, enough of these people will invest in new capacity and increase supply, and we will go back to a more normal price regime. The authors do not believe in a "magical peak" per the above comment on page 15, but think that the increase in profits will cause some of the political barriers to break down, especially in the middle east, and more holes to be drilled.
pup55 wrote:We are not subscribers to the theory that global oil supply has hit some magical inflection
point that will result in permanent supply declines at some point in the near future.
page 15
BabyPeanut wrote:pup55 wrote:We are not subscribers to the theory that global oil supply has hit some magical inflection
point that will result in permanent supply declines at some point in the near future.
page 15
It could just be a weasley way of saying "not yet" rather than "won't ever happen".
So basically, they advise to make a lot of money on a few oil related companies while the rest of the economy is falling apart because of >$100 oil prices!
DantesPeak wrote: While a recession could make demand fall, that doesn't necessarily mean that the price will fall. In fact, wouldn't most here agree that currently federal and state governments are more likely to provide subsidies to persons/businesses to help them purchase energy as the price rises? This would short circuit market forces to reduce demand and keep demand up.
mididoctors wrote:Goldman Sachs just dumped 1.5 billion in exxon shares
extraordinary....
is it legal? who runs this lot Satan?
these freaks are going to burn us all
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