link here to articles
This link is to several short discussions by oil industry analysts on oil price volatility. Supply and demand are not that far out of balance so why are prices rising so rapidly? Its pretty clear that expectations have a big impact on prices.
Oil prices really seem to be the in all and be all of everyday conversation now, but your post really helps put things in order, especially when there is so much conflicting information out there. (Although there is one article I read today that's likewise very insightful: http://www.pressdisplay.com/pressdisplay/showlink.aspx?bookmarkid=CLR30V6Y32S&preview=article&linkid=d48bd2ce-b664-48a2-a062-934a80373813&pdaffid=ZVFwBG5jk4Kvl9OaBJc5%2bg%3d%3d)
ReplyDeleteanyway, thank you for the post!