216 comments on DrumBeat: January 9, 2008
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216 comments on DrumBeat: January 9, 2008
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Mike was not particularily well thought of in Palo Alto.
A lot of his history in my opinion, involves organizing the work of others without much creative thought. I don't know if the guy has ever really made a drop of oil... those who can do and those who can't teach you know.
His wife Christine was the brains at that time. Julia Roberts may actually be more his speed intellectually, although definitely not appearance wise.
FF
FF,
When I debated Economides at Texas A&M, he asserted that Saudi oil production was up in 2007, versus 2005 (in contrast to my position stating the opposite). He produced an EIA slide showing Saudi production up. I said I didn't know where the slide came from, but the data tables showed production down relative to 2005. He said it was up. I offered to bet him $1000. He said fine. I said, to make it crystal clear, if I can produce an EIA data table showing that Saudi production is lower in 2007 than in 2005, you will pay me $1,000? He then said that he was talking about "productive capacity" (which is what the slide showed). I then explained to the audience what productive capacity is. I said that I had the theoretical capacity to date Julia Roberts, but how realistic is that expectation? To which Economides replied, "I dated Julia Roberts." (Followed by general laughter). I have so far been unsuccessful in trying to get a copy of the video of the debate.
I have met Christine, and I can say with a certain degree of confidence that Michael and I are, in regard to our lovely brides, both very lucky men.
BTW, if you haven't seen our Net Exports paper, it's up on the EB and on Graphoilogy.