7 Replies to “Predicting oil prices?”

  1. If only Canada had the ability to export it’s oil via it’s coasts, instead via LOOP in Louisiana.

  2. Jim Warren is a recovering academic as retired adjunct professor and lecturer in environmental sociology at the University of Regina.

    Clearly it’s a stretch to imagine Donald Trump would be interested in China obtaining control of Taiwan’s world leading chip manufacturing industry just as AI technology is poised to rock the planet. But, then, the Trump White House does a lot of inexplicable things—like starting the war with Iran in the first place.

    “Environmental Sociology”? Isn’t that Neil Young’s job?

    Brian … you run with some strange bedfellows. WTI crude today … $85 … just as this “Trump sycophant tin foil Fox News watching idiot” predicted at the start of this War on the psychotic apocalyptic extreme Iranian theocratic regime who has slaughtered 60k of its own young people in the streets. But John Kenneth Galbraith never asked me … Brian Z. did.

    1. Well, I find Jim does a lot of homework on his pieces and I quite enjoy them. The key thing about having a publication such as mine is having a variety of voices. I tell all my opinion writers this:
      1. Don’t get me sued
      2. Don’t get you sued
      3. If we agree on everything, one of us is crazy.
      I am very happy to pay Jim’s invoice each month.

      1. And for the record … I read all of it. I guess my Fox News, MAGA, tinfoil hat must have slipped off temporarily 🙂

  3. Thanks for posting a very insightful article. It mentions something I had not previously considered as to why oil prices haven’t spiked severely as a result of the war: China has significant reserves in storage which it is releasing, just like the US. But those reserves are not infinite. If the conflict is not resolved by the time they reach critically low levels, no amount of wishful thinking will prevent an uncontrollable surge in prices.

    1. Well … Our Treasury just announced a CRACKDOWN and secondary sanctions on all banking and financing entities propping up Iran. So … all hell is gonna break out … Tucker Carlson’s WWIII is gonna explode … Russia, China, cat dogs living together … real apocalyptic shit’s gonna go down.
      Ohhhhhhhhhhhh Mommmmmaaaaaaaa … the Orange pumpkin head is completely off his nut!

      Iranian oil will no longer flow into Commie Chyynahhh … oh MY!

      The world’s coming to an end!

      Better MAID yourselves now.

      Oh! And BTW .., Iranian oil has already been replaced by other international sources … and OPEC has essentially collapsed. Please make a note of it. But yeah … Chyyynahhhh has drawn down its strategic reserves … Unh huh … that MUST be the ONLY answer. SMH

  4. Quite right -and in accordance witgh Murphy’s third law: “The greater the uncertainty, the more negative the value of expertise.”

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