Relevant and even prescient commentary on news, politics and the economy.

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Speculation About Oil

…condition known as contango, in which the price for future delivery is greater than the price for spot (immediate) delivery. If the difference between the two prices is more than…

Liquidity

…market price has suddenly fallen. What if I can sell my asset right now, but I am extremely displeased by the price I am offered ? Is it less liquid…

Peak Oil and prices in two years from now

…Peak Oil will not be quantified by how high oil prices rise, but by how low oil prices don’t drop. ——————– Okay, so the allegory goes like this: Oil prices

Petroleum Speculation Thread N+1

…speculators. 3) Pricing rules can determine prices, but don’t shift supply and demand curves. If spot prices move up automatically following futures prices, one would expect supply to exceed consumption…

Oil: The Impact on the US Economy

…real gas prices are still lower than prices in the early ’80s. That is true, but current real gasoline prices are higher than after the ’73 oil price shock. Note…

Housing: Speculation is the Key

…and are sticky downward. Sellers tend to want a price close to recent sales in their neighborhood, and buyers, sensing prices are declining, will wait for even lower prices. This…