Oil Super-Bubble is Fun for Polish Physicists

By Paul Kedrosky · Tuesday, August 26, 2008 ·

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.

polish-oil

 

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