tag:blogger.com,1999:blog-6616959642391988608.post304818972915151659..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Putting oil and commodity prices into perspectiveScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6616959642391988608.post-39711369979363643962011-04-05T08:58:40.360-07:002011-04-05T08:58:40.360-07:00How much oil is left? Might need to factor that in...How much oil is left? Might need to factor that into your model. <br /><br />Listening to the middle East talk about how much oil they have is about as smart as listening to TEPCO tell you radiation levels are safe for your kids.<br /><br />We are heading towards another pivot point but you are probably right we have some time before we get there.Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-80308340048380969572011-04-04T16:57:35.324-07:002011-04-04T16:57:35.324-07:00Regardless of US monetary policies, oil prices wil...Regardless of US monetary policies, oil prices will crack sooner or later. More than $100 a barrel, and all sorts of alternatives and conservation moves make sense. Crude oil demand goes flat from here.<br />Indeed, let it ride at $100 for a few years. OPEC may find it has ruined the market for good. <br />Erratic supplies, threats and price spikes--that is not how to build a customer base.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-41340499527039577472011-04-04T14:08:11.602-07:002011-04-04T14:08:11.602-07:00Re oil prices: don't forget that we have an &q...Re oil prices: don't forget that we have an "artificial" shortage of oil today since the U.S. government has severely restricted offshore drilling permits and geopolitical turmoil in the Middle East threatens to further restrict supplies. Oil demand, meanwhile is very strong as countries like India and China rapidly enter the modern age and their demand for energy rises.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-43779910404351721922011-04-04T14:01:38.463-07:002011-04-04T14:01:38.463-07:00I think monetary policy has already been easy enou...I think monetary policy has already been easy enough to give a significant boost to real estate prices once the banks get close to selling off their excess inventory of foreclosed homes, the economy strengthens, and incomes rise. Real estate stands out today as being among the cheapest asset classes around. Rising inflation is almost always good for real estate.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-29324697248582986802011-04-04T13:34:09.502-07:002011-04-04T13:34:09.502-07:00Scott, I do not believe there is a shortage of oil...Scott, I do not believe there is a shortage of oil, why then are gasolene prices soaring. <br /><br />Also with the coming inflation do you have any thoughts whether it will drive real estate prices higher.<br /><br />Thank you,<br /><br />JayJay Norman Davishttps://www.blogger.com/profile/12937028864526660392noreply@blogger.com