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Summer In NY pt. 2

A few weeks in New York for a summer business trip.

The predictability of oil price fluctuations

 Oil prices are so predictable that it is pathetic. it seems that oil has now reached $71 per barrel due to sudden drop in US inventories. OIL PRICES TOP $71…. What is that please someone explain to me? Are we going to pretend that this really effects the price of oil? I don’t think so, [...]

Oil Prices Rise

Last year as oil started to drop I had predicted that it would eventually rise and stabilize at $80 per barrel. This number isn’t related to the true demand or supply this is just a number that the oil power players would look to achieve. Shy of $100 yet healthy enough to stem the downward spiral of [...]