Article

2011-04-03 Economy

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Posted by g(r)omgoru 2011-04-03 16:52|| || Front Page|| [9 views ] Top

#1 actually, because of Libya, the world oil supply is a bit down from a few months ago

however, the reason for the high price the past 30 days or so is generally thought to be because of a risk premium; that is, there is a non zero chance of a major disruption to the Saudi fields and lately that non zero chance is relatively greater than usual

Posted by lord garth 2011-04-03 17:46|| 2011-04-03 17:46|| Front Page Top

#2 Too many dollars chasing too few barrels of oil, with very few worthwhile investments to be had.

Posted by Anguper Hupomosing9418 2011-04-03 18:01|| 2011-04-03 18:01|| Front Page Top

#3 Dollars devalued by printing too many.

Posted by Glenmore 2011-04-03 19:55|| 2011-04-03 19:55|| Front Page Top

#4 Dollars devalued by printing too many.

This. Plus, of course, the present stock market bubble, the unstable state of all the developed world's fiat currencies, the forthcoming bond meltdown, the ongoing real estate de-leveraging, speculation on a real recovery in at least the BRIC nations, etc. Some one will always want your oil, not so much your mortgage, munis or overvalued equities.

Posted by AzCat 2011-04-03 22:23|| 2011-04-03 22:23|| Front Page Top

#5 rather than making loans to businesses

Businesses have not really been beating doors down to ask for loans in the first place.

Posted by Pappy 2011-04-03 22:47|| 2011-04-03 22:47|| Front Page Top

#6 there is a non zero chance of a major disruption to the Saudi fields and lately that non zero chance is relatively greater than usual

The Shiites, encouraged by Iran?

Posted by trailing wife 2011-04-03 23:31|| 2011-04-03 23:31|| Front Page Top

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