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Wellesley
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Will oil prices rise in 2009? Or will the economy keep the prices down for a while?
News Oil Prices in 2009: Will They Rise or Fall?
AI Thread Summary
The discussion centers on the uncertainty of oil prices in 2009, with predictions suggesting a range between $70 and $90 per barrel based on supply and demand dynamics. Factors influencing potential price increases include the return of speculators, geopolitical crises, and unforeseen events like storms or accidents. Notably, some experts, including Boone Pickens, warn that prices could surge to $200 per barrel under certain conditions. The unpredictability of oil prices remains a significant concern, as attempts to forecast them often lead to inaccurate predictions.
Similar to the 2024 thread, here I start the 2025 thread. As always it is getting increasingly difficult to predict, so I will make a list based on other article predictions. You can also leave your prediction here.
Here are the predictions of 2024 that did not make it:
Peter Shor, David Deutsch and all the rest of the quantum computing community (various sources)
Pablo Jarrillo Herrero, Allan McDonald and Rafi Bistritzer for magic angle in twisted graphene (various sources)
Christoph...
I believe it was the summer of 2001 that I made a trip to Peru for my work. I was a private contractor doing automation engineering and programming for various companies, including Frito Lay. Frito had purchased a snack food plant near Lima, Peru, and sent me down to oversee the upgrades to the systems and the startup. Peru was still suffering the ills of a recent civil war and I knew it was dicey, but the money was too good to pass up.
It was a long trip to Lima; about 14 hours of airtime...
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