The Oil Drum | How Periodic Are the Oil Price Fluctuations?

161 comments on How Periodic Are the Oil Price Fluctuations?

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Dragonfly41 on September 22, 2006 - 12:10pm

Your graph shows exactly how the frog gets boiled and never notices.

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Oil CEO on September 22, 2006 - 12:25pm

I don't know much about boiling frogs. I'm not a vivisectionist. Nor a very good cook.

But I will tell you this. If you were to substitute Americans for those frogs you speak of. And if you substituted gasoline prices for the boiling water. You'd probably be right.

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Dragonfly41 on September 22, 2006 - 12:28pm

yep...that was the analogy I was going for.

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fleam on September 23, 2006 - 3:54am

That's a weird set of curves - I'd expect to see a yearly, or even an overall bi-yearly, to time with US elections, cycle. Instead, 9 months? The only 9-month cycle I can think of is human gestation and that has nothing to do with gas, humans in the 1st world don't even plan for the seasons these days.

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161 comments on How Periodic Are the Oil Price Fluctuations?

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“Of all races in an advanced stage of civilization, the American is the least accessible to long views… Always and everywhere in a hurry to get rich, he does not give a thought to remote consequences; he sees only present advantages… He does not remember, he does not feel, he lives in a materialist dream.”

—Moiseide Ostrogorski (1902, 302-303)