Michael Lynch,Forbes
A decade ago, at a NY conference, or an analyst set aside up slides showing his model of the short-term oil price (variables like inventories,production and demand trends, and so forth). I turned to the colleague next to me and said, or I just want to set aside a question to him,How old are you?' I worked on a computer model of the world oil market from 1977, when the model was run from a remote terminal and the output had to be picked up on the other side of campus. (Yes, or by dinosaurs.) Although I haven't done formal modeling in recent years,my experiences might provide some insight into the current fashion for...
Source: realclearenergy.org