Dallas Fed: Oil Heading Back Under Par

“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


Since we have been spilling so many pixels on Crude lately, I wanted to point out this excellent piece from the Dallas Fed Research department on Oil prices. 

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

Category: Commodities, Data Analysis, Energy

Q1 2008 GDP (Preliminary Revised)

Category: Data Analysis, Economy

The Fall of Bear Stearns

Category: Corporate Management, Credit, Derivatives, Financial Press, Trading

Oil Exporters Are Unable To Keep Up With Demand

Category: Commodities, Energy, Markets

The Costanza Energy Policy: 25 Ways to Drive Oil to $150

Category: Energy, Politics, Taxes and Policy

Blecch: Spam Prices Rising

Category: Inflation

Merrill’s David Rosenberg on Economy, Housing, Employment

Category: Credit, Economy, Real Estate, Wages & Income

Kudlow & Company Video

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)

Happy viewing:


click for video (16 mins)


click for video (8 mins)


Part I

embedded video

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.

Part II

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.

Category: Media, Video

Kudlow & Co. Appearance (5/28/08)

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

Category: Media

Interactive Home Price Graphic

Category: Markets, Psychology, Real Estate