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16 comments on MMS indicates only small amounts of day on day improvement in production...

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Halfin on September 2, 2005 - 7:00pm Permalink | Subthread | Parent | Comments top
BTW, oil at the close of trading today was $67.57/bbl. A month ago, Dave invited people to make predictions of the price over the Labor Day weekend, and since this was the last day of trading before the weekend I guess this is the price that counts.

Dave and I were the only ones to make predictions. He guessed B, $65-70, and I guessed C, $60-65. So Dave was right.

Congratulations to Dave for his correct prediction and his foresightful anticipation of the events of the past month! I guess this just shows how wrong I have been to emphasize that the future is unpredictable and is certain to surprise us...

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Dave Cohen on September 2, 2005 - 8:12pm Permalink | Subthread | Parent | Comments top
That's pretty funny, Halfin. LOL
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Dave Cohen on September 2, 2005 - 8:17pm Permalink | Subthread | Parent | Comments top
And also, I am amazed that I was "right" because the Nymex sweet crude price totally mystifies me right now... I can't understand why it's not well over $70/barrel... Perhaps somebody can explain that to me.

best
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odograph on September 3, 2005 - 8:11am Permalink | Subthread | Parent | Comments top
Lack of refining capacity?
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16 comments on MMS indicates only small amounts of day on day improvement in production...

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