“Absent supply disruptions, it will be difficult to sustain oil prices above $100 (a barrel, in 2008 dollars) over the next 10 years.”
-Dallas Fed researchers Stephen Brown, Raghav Virmani and Richard Alm
While I do not agree with all of their conclusions, I love any research piece that is cogent, well written, and filled with chart porn!
Crude Awakening: Behind the Surge in Oil Prices
by Stephen P. A. Brown, Raghav Virmani and Richard Alm
Federal Reserve Bank of Dallas, May 2008
As per the prior post, here is the video feed, parts I & II:
I still don’t understand why being Bullish on Energy, Agriculture and select Tech is so hard to get — I ran out of time, otherwise, I would have mentioned we were short AIG and Monster.com (MNST)
Airtime: Wed. May 28 2008 | :07:0 08 ET
An outlook on the markets, with Ken Heebner, CGM Focus Fund; Jim Lacamp, RBC Dain Rauscher; Barry Ritholtz, Fusion IQ; and CNBC’s Larry Kudlow.
Airtime: Wed. May 28 2008 | :21:0 08 ET
An outlook on the economy, with Joe LaVorgna, Deutsche Bank; Peter Morici, UC Maryland business professor; Jim Lacamp, RBC Dain Rauscher; Barry Ritholtz, Fusion IQ; and CNBC’s Larry Kudlow.
Another appearance on Kudlow & Co. tonite, from 7:00 to 7:30pm (ish). Also on tonite: Ken Heebner, co-founder of Capital Growth Management Jim Lacamp, portfolio manager at RBC Dain Rauscher Joe LaVorgna, chief U.S. economist, Deutsche Bank Peter Morici, University of Maryland business professor and former chief economist of the U.S. International Trade Commission Should…Read More