Applying More Logic To Oil Prices

Adam Feik - INO.com Contributor - Energies


I wrote last week about applying some logic to the oil crash, which as of January 20th had taken prices below $27.

It seems like ever since the very day I wrote the article (January 20th), a lot more "logic" has seeped into energy markets, as oil has quickly rebounded to around $34 (I'm sure my article had something to do with that; ha ha).

Could things possibly be stabilizing somewhat?

I know oil prices can always be volatile, but surely the crash that's taken prices from $107 to $27 can't continue forever. So what's next? Continue reading "Applying More Logic To Oil Prices"

What's Next For Oil? Use Logic

Adam Feik - INO.com Contributor - Energies


All right. Now we've tried everything. And we still can't figure out when oil prices will finally turn around – or at least stabilize.

Experts' predictions are all over the map. Smart people – including analysts, industry executives, and entrepreneurs – are on both sides. Many predict even lower oil prices before the market steadies itself. Many others predict oil in the $40-60 range again as soon as the 2nd half of 2016. Both groups have applied rigorous study and analysis. Both have valid, compelling points.

Yet, the more I listen, the more confused I become. Meanwhile, oil prices continue falling like a knife. What's truly causing this massive, slow-moving train wreck from $107/barrel in June 2014 to $27/barrel 19 months later?

Logic

Recently, many pundits and experts seem to be speaking in a refreshing new language. It sounds a lot like logic and common sense. I've heard a ton of commentary lately that makes me go "hmm, that seems logical." Today I'll summarize a selection of these observations, and add a few musings of my own.

We've tried everything else. Let's try applying some logic to the situation. Continue reading "What's Next For Oil? Use Logic"