67 comments on A slight feeling of disquiet
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67 comments on A slight feeling of disquiet
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I guess maybe you could argue that futures might go up due to anticipated increased demand later to make up for a shortfall. That is the only explanation I can think of, and I am not entirely sure it is a valid one. Another possibility is a lot of people trading oil don't really have much grasp of how the system actually operates. Or they understand it, but they're trying to anticipate what others will think, regardless of whether it makes sense or not.
What I find interesting is how the information flows themselvers are starting to get unhinged - that is, in a number of areas, all reasons are considered valid explanations for what is happening. Oil prices are up because production is down, or oil prices are down because production is down.
At some point, the noise completely covers the signal. Whether we have reached this point (GAY REPUBLICAN CONSPIRACY!!! - see, noise) is harder to judge, considering how much of the American MSM has been full of little but noise for years. (ANOTHER MISSING BLONDE!!!) (BRITNEY, JESSICA, LINDS - is that with an 'e' or an 'a'? - inquiring minds don't care.)