taojaxx

Oil Won't Stay Down for Long

1) I like your probability based investment DD. I do likewise by generating scenarios and quantifying their probability before making a decision (and thereafter to review the position)
2) I disagree on your past bullishness but expect oil prices to rise eventually.
3) Quit wearing sunglasses on ID pics, it looks like you're hiding somehow.


:6)

From Subprime to Meltdown: Is Peak Oil Responsible?

The sub-prime crisis results from monetary tightening linked to inflation pressures.
It would have happened no matter what the source of inflation was. In this respect, the current de-leveraging crisis is no different from that of 1929 or 1990 Japan.
The major source of tension results from unsustainable housing price appreciation which triggered voodoo finance to keep the party going. Oil prices were certainly not central to this, just one of the causes of interest rate hikes.
As to Peak oil, with prices falling from $147 to $75 in 3 months, it starts looking more and more like the Y2K bug and avian flu to me. (Whatever happened to the avian pandemic, by the way?)
JMHO, of course.