Poul Andreasen's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/156093/comments http://seekingalpha.com/article/81070-dollar-krone-relationship-a-sign-of-peak-oil?source=feed#comment-184407 184407
My view exactly. As production is evidently not going to increase much, demand destruction needs to fix the price. Bubble thinking is wishful and contrary to facts on the ground. Production is down almost everywhere (look mazamascience.com/OilE.../ for data).

My own theoretical limit to future gasoline prices is 12.000 USD a gallon, as a gallon does the equivalent of approx. 700 hours of manual labor. Danish wages btw. You might get a slave cheaper elsewhere. But you need to work him locally. So 4 USD for 4 months labor is damned cheap alsmost everywhere in the "developed" world. ]]> Thu, 12 Jun 2008 14:42:28 -0400
My view exactly. As production is evidently not going to increase much, demand destruction needs to fix the price. Bubble thinking is wishful and contrary to facts on the ground. Production is down almost everywhere (look mazamascience.com/OilE.../ for data).

My own theoretical limit to future gasoline prices is 12.000 USD a gallon, as a gallon does the equivalent of approx. 700 hours of manual labor. Danish wages btw. You might get a slave cheaper elsewhere. But you need to work him locally. So 4 USD for 4 months labor is damned cheap alsmost everywhere in the "developed" world. ]]> http://seekingalpha.com/article/80487-what-can-possibly-explain-the-price-of-oil?source=feed#comment-181145 181145
Reneables will not substitute currently 1 cubic mile of yearly oil consumption. While reneables are being developed and implemented, the price of oil will still rise skyhigh.

So it still makes perfect sense to invest in oil even if you are a peak oil believer. ]]> Sun, 08 Jun 2008 08:01:32 -0400
Reneables will not substitute currently 1 cubic mile of yearly oil consumption. While reneables are being developed and implemented, the price of oil will still rise skyhigh.

So it still makes perfect sense to invest in oil even if you are a peak oil believer. ]]> http://seekingalpha.com/article/66260-stuart-staniford-two-mysteries-of-oil-supply-data?source=feed#comment-119653 119653 Wed, 27 Feb 2008 08:59:28 -0500 http://seekingalpha.com/article/65852-my-crude-oil-futures-strategy?source=feed#comment-119213 119213
We may all debate whether peak oil is here or not. But we´d better get facts and concepts straight before we move on. There is so much more than investments at stake here ...]]> Tue, 26 Feb 2008 10:05:50 -0500
We may all debate whether peak oil is here or not. But we´d better get facts and concepts straight before we move on. There is so much more than investments at stake here ...]]>