European Tribune - Comments - Panic gripping our oil elites

Panic gripping our oil elites | 21 comments (21 topical, editorial, 0 hidden)

Re: Panic gripping our oil elites (4.00 / 6)

In other words, demand is not measured, it is "marked to model".

We have met the enemy, and he is us — Pogo

by Migeru (migeru at eurotrib dot com) on Sat Nov 10th, 2007 at 03:09:36 PM EST
[ Parent ]

Re: Panic gripping our oil elites (4.00 / 2)

It sounds like it's more like the term Jerome used about Level 3 assets... What was it? Marked-to-make-believe?

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sun Nov 11th, 2007 at 02:57:15 PM EST
[ Parent ]

The market will provide. (none / 1)

Then you should know how they predict supply!

After looking at demand they way I described above, they put supply=demand.

Brilliant.

At least that's how they did it a few years ago. Recent development may suggest they have been going sober.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid (arvid.hallen at gmail.com) on Sun Nov 11th, 2007 at 11:18:17 PM EST
[ Parent ]

Panic gripping our oil elites | 21 comments (21 topical, 0 editorial, 0 hidden)

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