Comments on: Poll results: Most believe $100 oil to come this year http://www.cleanbreak.ca/2006/01/29/poll-results-most-believe-100-oil-to-come-this-year/ Trends, happenings and innovations in the clean technology market Mon, 30 Jan 2012 14:28:54 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Anonymous http://www.cleanbreak.ca/2006/01/29/poll-results-most-believe-100-oil-to-come-this-year/comment-page-1/#comment-287 Anonymous Wed, 01 Feb 2006 00:53:00 +0000 http://www.cleanbreak.ca/2006/01/29/poll-results-most-believe-100-oil-to-come-this-year/#comment-287 Tyler: While I certainly root for higher oil prices to spur clean energy innovation, I would certainly take a queue from the very well establsihed, very well "oiled" (sorry for the pun), very lucrative and large machine that is out there to predict the price of oil. It is called the spot market. Long term futures for oil are still in the $50 range, and they only recently moved up from the $20 range. The people who settle on this price do it for a living and do so by betting huge sums. I would be inclined to believe them. The markets are only now coming to realize that the long term average price won't be in the $20 range. Mark Brandon Sustainable Log - News and Views for Socially Responsible Investors http://sustainablelog.blogspot.com http://www.firstsustainable.com When you subscribe to Sustainable Log, we give $1 to Alternative Gifts International in support of a cause of your choice. Tyler:

While I certainly root for higher oil prices to spur clean energy innovation, I would certainly take a queue from the very well establsihed, very well “oiled” (sorry for the pun), very lucrative and large machine that is out there to predict the price of oil. It is called the spot market. Long term futures for oil are still in the $50 range, and they only recently moved up from the $20 range. The people who settle on this price do it for a living and do so by betting huge sums. I would be inclined to believe them. The markets are only now coming to realize that the long term average price won’t be in the $20 range.

Mark Brandon

Sustainable Log – News and Views for Socially Responsible Investors

http://sustainablelog.blogspot.com

http://www.firstsustainable.com

When you subscribe to Sustainable Log, we give $1 to Alternative Gifts International in support of a cause of your choice.

]]>