Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: SilentZ who wrote (303018)	9/13/2006 3:38:23 PM
From: tejek	Read Replies (1) of 1576007

Adding to the effect is the Peak Oil theory. I bet you haven't heard that one. Of course I've heard that one. And it's probably true. But when does it truly start affecting oil supply? Not for quite a while. So with business and government leaders who at least try to manage the hysteria rather than encouraging it, I think we'd find oil prices lower. But alas, that isn't the case... Z, you keep trying to equate current pricing with the current supply of oil. That's only part of the consideration when determining the price of oil. Peak oil is also part of the consideration and that's because if the theory is correct and peak production of oil is almost upon us.....them that means at some future point supply will start trailing demand. Since we know that that's likely to happen sooner rather than later, that makes oil a diminishing commodity and current oil more valuable than if there were no restraints on future production.....that whole notion is factored into the current price. In other words, oil traders take into consideration what future supply and demand will be when determining today's price of oil.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next