56 comments on A little more updating of information
Comments can no longer be added to this story.
| Show without comments | PDF version
56 comments on A little more updating of information
Comments can no longer be added to this story.
| Show without comments | PDF version
Google search
Advanced search
Support The Oil Drum
Recently on TOD:World
TOD:Campfire
- Politics and Peak Energy
- How do we maintain adequate phosphorus and potassium levels for crops?
- What should we do with funds set aside for retirement?
TOD:Europe
TOD:Canada
- In this house, we obey the laws of thermodynamics!
- The Round-Up: October 24, 2008
- Compressed Air Energy Storage - How viable is it?
TOD:Australia/NZ
- Electric Vehicles: The End Of Australian Manufacturing ?
- Upcoming Forum In Sydney: 'Peak Oil - Is this the end of civilisation as we know it ?'
- From Counterculture To Cyberculture: The Life And Times Of Stewart Brand
TOD:Net Energy
Blogroll
Energy Sites
- The Coming Global Oil Crisis
- Die Off
- Dry Dipstick
- Energy Bulletin
- From the Wilderness
- Life After the Oil Crash
- Peak Oil Crisis
- Peak Oil News and Message Boards
- Powerswitch
- Rigzone
- Matthew Simmons
- Wolf at the Door
Environment & Sustainability Sites
- The Daily Green
- EcoGeek
- Eco Street
- Green Car Congress
- Green Options
- green.alltop.com
- Gristmill
- RealClimate
- Sustainablog
- Treehugger
- WorldChanging
Blogs
- Casaubon's Book
- Cleantech Blog
- Clusterf
k Nation (Jim Kunstler) - The Cost of Energy
- David Strahan
- Early Warning
- The Energy Blog
- European Tribune
- GraphOilology
- Health After Oil
- jeffvail.net
- Mobjectivist
- Peak Energy (Australia)
- Peak Energy (USA)
- R-Squared
- Resource Insights
Finance & Economics Blogs
- The Big Picture
- Calculated Risk
- The Crash Course
- Ecological Economics
- Econbrowser
- Environmental Economics
- Infectious Greed
- The Mess That Greenspan Made
- Mish's Global Economic Trend Analysis
Organizations
Peak Oil Primers
Beware email scams!
Beware email scams claiming to be from this site. We do not have any job openings. If anyone contacts you about a job at The Oil Drum, do not reply to them, and definitely do not give them any personal information or send them money. Read more here.
“The infrastructure of suburbia can be described as the greatest misallocation of resources in the history of the world.”
—JH Kunstler
User login
Contact
- Content: editors at theoildrum dot com
- Tech support: support at theoildrum dot com
Personnel
- Editors: Gail the Actuary, Prof. Goose
- DrumBeat Editor: Leanan
- Contributors: ace, Dave Murphy, Engineer-Poet, Glenn, Heading Out, Jason Bradford, jeffvail, JoulesBurn, Nate Hagens, Sam Foucher, Robert Rapier
- TOD:Europe: Chris Vernon, Euan Mearns, Francois Cellier, Jerome a Paris, Luís de Sousa, Rembrandt, Rune Likvern, Ugo Bardi
- TOD:ANZ: aeldric, Big Gav, Phil Hart
- Emeritus: Stuart Staniford
- Technician: Super G
License
This work is licensed under a Creative Commons Attribution-Share Alike 3.0 United States License.
GAIA Host Collective
I wonder if someone can give a good explanation of how it is possible for a spot market to respond to long term trends? Is it not the oil in storage - ready for delivery that matters more than actual flow rates in such a market? Are the demands of margin trading, risk of a margin call and a need to keep trading volumes high (because each trade has a small profit) not contrary to adapting to long term trends/risks?
All the points you make for the risk in long-term contracts are there but you might think of this as the Chinese Approach to oil. Lock up contracts for in-ground oil now using futures because most traders, unlike nations, cannot can make direct contracts with the producing countries.