tag:blogger.com,1999:blog-5235419263414453422.post8681035341718467334..comments2024-02-23T01:30:06.101-08:00Comments on Early Warning: OECD Oil StocksStuart Stanifordhttp://www.blogger.com/profile/07182839827506265860noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-5235419263414453422.post-6177696508054176682012-07-12T20:20:59.831-07:002012-07-12T20:20:59.831-07:00Could this possibly help to boost the economy in t...Could this possibly help to boost the economy in the US? I think you should watch the video, <a href="http://www.youtube.com/watch?v=SWJc-uqVc9I" rel="nofollow">"Oil Prices Plunge - Good For The Economy?"</a> by <a href="https://www.facebook.com/ebutowskypub" rel="nofollow">Ed Butowsky</a> when he joined the Fox News' Your World with Neil Cavuto.Anonymoushttps://www.blogger.com/profile/09297223516687324282noreply@blogger.comtag:blogger.com,1999:blog-5235419263414453422.post-60293562887232519082012-06-20T10:14:03.907-07:002012-06-20T10:14:03.907-07:00FT Alphaville thinks the oil price is manipulated ...FT Alphaville thinks the oil price is manipulated by corporates that want to keep it high to maintain an impression of "artificial scarcity".<br /><br />It's part of a series where they basically argue there are no resource constraints and we're in for an age of abundance.<br /><br />I'm finding really hard to wrap my head around that, as resource scarcity seems very real and not at all balanced by efficiency as they argue.<br /><br />http://ftalphaville.ft.com/blog/2012/06/20/1052641/scarcity-amid-plenty-oil-edition/Hypnoshttps://www.blogger.com/profile/01409179274970587232noreply@blogger.comtag:blogger.com,1999:blog-5235419263414453422.post-10065306945955283582012-06-20T04:02:39.880-07:002012-06-20T04:02:39.880-07:00Well, an excellent analysis of where the energy de...Well, an excellent analysis of where the energy demand is hiding in a growing world economy.<br /><br />My answer is simple: The measurement and the method of measuring economy is - wrong. <br />Not wrong in everything but in the meta view. <br /><br />That part of the GDP-measured economy which is "created" by the financial sector is not part of any real economy. <br />That part has to be taken out of GDP measurement. <br /><br />If you take that part of the total GDP out of the calculation of the total sum of te GDP, you get a shrinking real economy. <br /><br />And that is excactly what you wanted to have as an answer. <br /><br /><br />Maybe many economists think this is stupid. <br />But it is not - it is the only way to measure GDP.Woldemarhttps://www.blogger.com/profile/08739328074742204858noreply@blogger.comtag:blogger.com,1999:blog-5235419263414453422.post-29567012200146966522012-06-19T16:44:35.894-07:002012-06-19T16:44:35.894-07:00Perhaps the price of oil is reflecting the state o...Perhaps the price of oil is reflecting the state of the credit markets (sort of like the price of housing) more than the demand for delivery?Mr. Sunshinehttps://www.blogger.com/profile/16137274372934160799noreply@blogger.comtag:blogger.com,1999:blog-5235419263414453422.post-87578255631396631432012-06-19T08:26:52.338-07:002012-06-19T08:26:52.338-07:00Is it possible that an increase in use of non-petr...Is it possible that an increase in use of non-petroleum energy sources like coal and natural gas (or even renewables, I guess) is serving to weaken the linkage between economic growth and petroleum demand?John Callenderhttps://www.blogger.com/profile/11622194201173858607noreply@blogger.com