Dallas Fed: Oil Heading Back Under Par

Thursday, May 29, 2008 | 04:30 PM

“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

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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!

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Source:
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
http://dallasfed.org/research/eclett/2008/el0805.html

Thursday, May 29, 2008 | 04:30 PM | Permalink | Comments (27) | TrackBack (1)
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Listed below are links to weblogs that reference Dallas Fed: Oil Heading Back Under Par:

» Economics Links05.30.08 from The American Mind
A Dallas Fed analysis of rising oil prices finds the weakening dollar accounting for a third of the price increase from 2003-2007. Their conclusion: What’s the bottom line? Absent supply disruptions, it will be difficult to sustain oil price... [Read More]

Tracked on May 30, 2008 4:57:33 AM

Comments

Wow, I'm moving to Equitorial Guinea and getting into the oil business.

Posted by: Vermont Trader | May 29, 2008 4:57:42 PM

The comments to this entry are closed.



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