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Politics : Politics of Energy

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To: Brumar89 who wrote (1432)8/10/2008 6:33:12 PM
From: J_F_Shepard  Read Replies (1) of 86355
 
"Markets are too complex. There are too many factors influencing both supply and demand for any one person to keep track of and evaluate."

If the markets and oil business is so complex no one can understand it, maybe the oil moguls believe in an Oil God who tells them where to drill and how much money they will make.

There are lots and lots of people who work on these problems....ask Dick Cheney and his secret task force members.

"I know for a fact that major oil companies can not reliably predict the price of oil or natural gas"

If you want to establish your expertise in this area, you're going to have post qualifications other than to say they drilled in my back yard....
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