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August 26, 2008

Oil Super-Bubble is Fun for Polish Physicists

You never know what you'll find on arXiv, so I was amused today to see this chart of the current "oil super-bubble" (their words), as plotted by three Polish physicists. They claim to have predicted "to an amazing accuracy" the date when the current oil uptrend ended -- July 11th -- and they also claim that the current super-bubble will end around the middle of 2010.

Cool. Dziękujemy, dudes.

Source: Criticality Characteristics of Current Oil Price Dynamics (arXiv)

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