dtblount

So You Think Oil’s Expensive Now?

ridiculous article...of course those risks are not "fully priced into the market." with such general geopolitical "risks," as these, anyone can run down a list of worst case scenarios that will affect the price of oil...such as "war between two large economies," "rogue regime acquires nuclear weapon," "bad thing happens," and the list could go on and on. if the article is intended to illustrate the fact that oil is a volatile commodity, coming from some very volatile parts of the world, and heavily dependent on geopolitical issues, then i'm quite certain any halfway-intelligent investor is aware of this.