 | Wanted: Hard Data on Local Sustainability | The Oil Drum | Another Inconvenient Truth - A presentation you can download |  |
98 comments on Oil (CLZ07) settles above $93...and in the next month...?
Comments can no longer be added to this story.
The contents below are paid advertisements. Their appearance does not imply an endorsement by The Oil Drum.
“Any coward can fight a battle when he's sure of winning, but give me the man who has pluck to fight when he's sure of losing. That's my way, sir; and there are many victories worse than a defeat.”
—George Eliot
Search The Oil Drum with Google
User login
Contact
- Content: editors at theoildrum dot com
- Tech support: support at theoildrum dot com
Personnel
- Editors: Prof. Goose, Heading Out, Stuart Staniford, Nate Hagens
- DrumBeat Editor: Leanan
- Contributors: ace, Engineer-Poet, Gail the Actuary, jeffvail, JoulesBurn, Khebab, Robert Rapier
- TOD:Local: Glenn
- TOD:Europe: Chris Vernon, Euan Mearns, Francois Cellier, Jerome a Paris, Luís de Sousa, Rembrandt, Rune Likvern, Ugo Bardi
- TOD:Canada: benk, Libelle
- TOD:ANZ: Big Gav, Phil Hart, aeldric
- Technician: Super G
Recently on TOD:World
TOD:Local
- Summer Streets a Success!
- Plan for Hydro-Fracture Drilling for Unconventional Natural Gas in Upstate New York
- Enjoying Life Close to Home: Fun Streets
TOD:Europe
- Russia: There Is Life After Peak Oil
- Should EROEI be the most important criterion our society uses to decide how it meets its energy needs?
- Oilwatch Monthly - August 2008
TOD:Canada
- Compressed Air Energy Storage - How viable is it?
- Oil Megaproject Update (July 2008)
- Weekend Energy Listening: Wind Power with Paul Gipe
TOD:ANZ
Peak Oil Primers
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
- The Big Picture
- Casaubon's Book
- Cleantech Blog
- Clusterf
k Nation (Jim Kunstler) - The Cost of Energy
- Ecological Economics
- David Strahan
- Econbrowser
- The Energy Blog
- Entropy Production
- Environmental Economics
- European Tribune
- GraphOilology
- jeffvail.net
- The Mess That Greenspan Made
- Mish's Global Economic Trend Analysis
- Mobjectivist
- Peak Energy (Australia)
- Peak Energy (USA)
- R-Squared
- Resource Insights
Organizations
License
This work is licensed under a Creative Commons Attribution-Share Alike 3.0 United States License.
GAIA Host Collective
For oil trader types, the following is probably a short term sell signal, although we have never tested the "Yergin Indicator" as an indicator of lower oil prices, so we are in unexplored territory here. One could, in the alternative, argue that we may be looking at $200 oil with "one or two events." As I said--unexplored territory.
In any event, Yergin's comment is about as useful as saying "The oil market may be only six or seven dollars away from $100-plus oil."
LMAO westexas, I love your "Yergin Indicator". That guy certainly deserves to be ridiculed and marginalized (in a tasteful manner of course), especially if he continues the fantasy that we don't need to worry about our oil usage.
I picked the trading range for the next month, hoping for the price to build support before it shoots higher.
Clint
Guys,
Haven't you heard, the "invisible hand" is in our pant's pocket!!!
Bob Ebersole
Come on you guys, Bernanke votes #5. Watch the Fed news come wednesday.
Oil and gold are moving together. That tells you that it's the dollar.