tag:blogger.com,1999:blog-9081417129394459219.post503798602723136239..comments2023-11-02T10:57:59.221-04:00Comments on Meandering Economics: Speculation in the oil marketCanadian Economisthttp://www.blogger.com/profile/12838252751966821405noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-9081417129394459219.post-91131827869974473002008-08-31T21:02:00.000-04:002008-08-31T21:02:00.000-04:00I appreciate your comments. There are both very i...I appreciate your comments. There are both very interesting articles.Canadian Economisthttps://www.blogger.com/profile/12838252751966821405noreply@blogger.comtag:blogger.com,1999:blog-9081417129394459219.post-78771116827465245412008-08-23T21:28:00.000-04:002008-08-23T21:28:00.000-04:00I think the volatility in the price of oil is due ...I think the volatility in the price of oil is due to it's scarcity and current uncertainty of the supply/demand situation. It's characteristic of Peak Oil. I'd bet on oil approaching record prices again in Sept and October.<BR/><BR/>Pemex production for July fell 12% year over year. That's America'a 3rd largest producer. Mexico will be a net importer by 2010<BR/>http://Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9081417129394459219.post-81103047803545919872008-08-22T09:47:00.000-04:002008-08-22T09:47:00.000-04:00Check this out:http://www.econbrowser.com/archives...Check this out:<BR/>http://www.econbrowser.com/archives/2008/08/more_speculatio_1.html<BR/><BR/>(James Hamilton's blog - yes, *that* James Hamilton).<BR/><BR/>James. (not Hamilton)Anonymousnoreply@blogger.com