starkoski

Oil Prices: Higher or Lower in 2010?

Supply will not increase and will decrease due to peak oil and the land export model. When oil went to $147 there was little supply response and now with the world economies improving supply will not be able to keep up with demand. Even the IEA come out and spoke about the looming peak oil problem even though they think it will be later. It looks like supply peaked over the last 4 years and it is rolling over - forever. Tell me you opinion on this response.
Thanks

Mid-Year Market Analysis: Treasuries, Gold, Crude, Equities

Richard,
Do you understand the concept of peak oil?? Have you factored any of its merit into your calculations? The decline rate of the world's oil fields is about 4 MBD/year and this will have the excess supply cleared out and demand exceeding supply very strongly in the next few years. Yes - oil price will go down as the markets correct but due to the structural decline curves and hyperinflation (monetary response) - oil is going to go way up in the future. Please comment on this.

Megaprojects Predict Decline of Oil Production

Very good article - we are really at the peak now due to nat gas condensates in decline already. Our society is not prepared for this and get ready for the big problem to come.

The New Energy Cold War: The Warsaw-Tehran Connection

I agree with parts of the article but you have it a bit backwards. The USA & Europe (oil sucking countries) are the weak ones with Peak oil starting to slam us now and forever. Russia has what what we need and they have plenty of oil/nat gas for themselves. Especially enough to make whatever war machine materials they need. Now do you relalize why we are putting missles on their doormat. Checkmate*******5-4-3-... Study about peak oil and think about what is coming. Scary*******

Recapping My Great Calls on Oil

Amazing what a genius you are. I'll bet that the last 6 years of this oil bull you were constantly declaring oil was in a bubble. When oil goes to $300/barrel in 2011 and then $500/barrel in 2014 you will still be blowing the bubble horn. I suggest you get educated about why oil is in a very very long term bull - Peak Oil. I certainly hope that you are putting your money where your mouth is.

Is the Commodities Bull Market Over?

Right on - and don't forget about peak oil - it is here and is going to get worse. It takes oil to get everything into production and into markets like a network. Start buying soon and the dollar is doomed and will go to nothing.

Crude Oil, Gold Prices Plummet: Time to Get Cautious About Dollar Bears

Gigem77, you nailed it and you have brains in this mattter. The author as far as oil pricing is concerned has no clue.

Crude Reality: Big Oil's Purposely Restricting Supply

Try building a solar panel without oil or a wind turbine - good luck. How about everything else in your life without oil like asprin, tennis balls, carpeting - everything - good luck. I have 7 solar systems on my house and I totally understand that they all took energy inputs from oil, coal, nuclear, nat gas to make. If you think that we are just going to walk into a green world immediately you are Knuts. We must start the transition to alternate energy but we will always need oil or its systhesized equivelant. Always.

Do Oil and the Market Still Have a Lot of Downside?

Ernie, thats very funny - i like that! Jim, yes the world will use a little less oil & gas but you did not mention much that the world oil production decline rate for oil is 4MBD and this will trump any less world oil consumption. Also consider that energy will get an additional boost due to the intensive debasement of our currency & the currencies of the world due to their epic struggle against falling into deflation. Energy shares will get a great boost as a safe haven in a competative currency devaulation throughout the world. And finally - the world is starting to see the ugly head of the medusa, the bringer of evil the devil herself in the realization of Peak Oil. Keep your head turned away and look at the energy stocks for protection.

A Glut of Petroleum Products

What are you guys somking? The crude oil inventories and at record levels below average. Hey put down that hookah and rethink the numbers so you don't get laughed off the court. CERA likes you.

The Oil Bubble Will Meet the Same Fate as Tech, Housing

Jason, you were probably saying the same thing back when oil was $70/barrel. Well you better learn about Peak Oil or you will be doomed and will end up disgraced, broke and destitute. And not fun to hang around with either.

Confirmatory Bias and Oil Investing

I disagree with your thesis because geology beats physiology. Peak oil is absolute and your physiology cannot accept the evidence of geology.

Nigeria: The Elephant in the Corner

Jim, at the end of the day we can talk about peak oil & increasing world demand and that is what we should do. Now - immediately and the next day too and the one after that because that is what the real problem really is. The world's old supergiant oil fields are significantly in decline and the decline is getting more profound and world demand is increasing fast. This is the viewpoint of Matt Simmons and I share that viewpoint too. Your viewpoint that the politically unstable producers that are having trouble maintaining their production is the essence of our delima is narrow-minded & superficial. The world must replace 4M/day/year just to make up for existing oil well depletion & new demand. The world can't do that and the supply - demand imbalance will just keep getting worse. Today demand is 87 MBD & supply is 85 MBD. Expect the gap to widen each year with continuing higher prices. Its the peak Jim - get ready for oil at $300/barrel in 2011.

The 'Peak Oil' Myth: New Oil Is Plentiful

Jason, unfortunately you do not understand the energy return on energy invested situation involved (EROEI). This entire Peak Oil issue deals with available oil flow rates and not in ground available resources. Also involved is that the quality of the oil is of lesser quality and hense less energy extracted. I suggest that you go to The Simmons International web site and go to his presentations - one named - Are We Nearing The Peak Of Fossil Fuel Energy? Has Twilight In The Desert Begun? This Peak Oil issue is a 120 % probability and Dr. M King Hubbert nailed the USA peak of 1970 and predicted a world peak at about now. He will get a Noble Prize for this some day. The USA has never reversed its peak oil date of 1970 and is still going down every year effectively. If you invest with you malinformation you will loose much money so I suggest you get educated before you loose your shirt and that of the other readers who take your information too seriously.

Speculators Continue to Drive Oil Higher at Risk of Global Recession

Unfortunately you don't understand peak oil. The world must replace 4 MB/D/Year just to make up for existing oil field decline rates and increased demand. It can't do that and now real oil price discovery is going on and oil is going tp $500 by 2013.