« iPhone Apps for Investors | Main | Rumor: $15-Billion Government Injection Considered Into Fannie/Freddie »
Latest Stories
- Watching the Lehman CDS Auction
- Mr. Spock, You Have the Helm
- The Banking System, Nationalization and Slack
- The Paulson Problem
- Roubini: Bailing Out the Banking Bailout
July 12, 2008
The Oil Bubble Trouble Bubble
Peak oil guy Matt Simmons -- despite sounding particularly apocalyptic -- makes a good point, and echoes one I made here earlier: At what point does a decline in oil price become a bigger issue than an oil price advance? So long as people think oil is set to collapse, investments that would be made, if we knew there was a price floor in place, will not be made.
I like to think of this as the oil bubble trouble bubble. It's the cancerous growth in the number of people thinking there is an oil bubble that's in trouble.
Sphere It
| 
Digg it
| 
Bookmark it
| 
Stumble it
| 
Facebook it
