<The Road from Hel is paved with wind turbines!The Oil DrumDrumBeat: October 2, 2006>

50 comments on Remembering Mr Micawber*

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Nate Hagens on October 2, 2006 - 2:50pm Permalink | Subthread | Parent | Comments top
what i think is more likely is that demand outstrips supply in the next 18 months, causes spike above $90, and the ensuing economic dominoes collapse world economy leading to supply (at that near peak point) far outstripping demand, and the marginal barrel heads below $35. volatility will be extreme and as Ive discussed previously, volatility itself can be worse of an enemy than expensive oil
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Hothgor on October 2, 2006 - 9:05pm Permalink | Subthread | Parent | Comments top
So you think that since we may fall a tad short in the near term, the entire economic system worldwide will collapse?  It takes a LOT longer then 18 months for something like that to happen.  Just look at the 70's~
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