tag:blogger.com,1999:blog-11027528911364475.post5954914125231192121..comments2024-02-18T21:10:05.205-08:00Comments on EconomPic: Oil / Gas DivergenceJakehttp://www.blogger.com/profile/07946497592651234440noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-11027528911364475.post-19124879637202446962009-02-22T19:46:00.000-08:002009-02-22T19:46:00.000-08:00okay... some quick and dirty math. based on a 15% ...okay... some quick and dirty math. based on a 15% interest rate (this is russia after all), this comes out to the equivalent of $35 per barrel. <BR/><BR/>i'll post something this week going through the math.Jakehttps://www.blogger.com/profile/07946497592651234440noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-46354817044274966682009-02-22T19:42:00.000-08:002009-02-22T19:42:00.000-08:00http://uk.news.yahoo.com/22/20090217/tbs-uk-russia...http://uk.news.yahoo.com/22/20090217/tbs-uk-russia-china-oil-sb-4210405.html<BR/><BR/>300,000 barrels per day for 30 years it is... BUT the $12 per barrel ignores the time value of money (the entire $25 billion is up front). <BR/><BR/>either way, thanks for the heads up and i'll think if i can't think of a way to capture in a chartJakehttps://www.blogger.com/profile/07946497592651234440noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-5765372540823240372009-02-21T06:24:00.000-08:002009-02-21T06:24:00.000-08:00Jake, IMHO the Bloomberg news article seems more c...Jake, IMHO the Bloomberg news article seems more clear than the Forbes article. Also, I posted the same comments about the Bloomberg article on http://www.oiltradersblog.blogspot.com/ to see if I could get another view point ... and the blog's response, nothing. In fact, all comments have been deleted and the comment function has been removed to avoid future comment posting. Peak oil? Hmmmmm.... What a sham.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-40551525533375896802009-02-19T09:32:00.000-08:002009-02-19T09:32:00.000-08:00If this trend is to continue, why cant they switch...If this trend is to continue, why cant they switch the benchmark used to more accurately reflect what's going on?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-42210479447860128082009-02-17T22:29:00.000-08:002009-02-17T22:29:00.000-08:00It looks like the loan and the 20 year 300k barrel...It looks like the loan and the 20 year 300k barrel / day deal may be two separate items of news:<BR/><BR/>http://www.forbes.com/feeds/afx/2009/02/17/afx6058197.htmlJakehttps://www.blogger.com/profile/07946497592651234440noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-64207044484076955432009-02-17T10:23:00.000-08:002009-02-17T10:23:00.000-08:00Anyone see this yet? China loans $25B to Russia f...Anyone see this yet? China loans $25B to Russia for ~2.2B barrels of oil...that's less than $12 per barrel. Peak oil? Hmmmmm....<BR/><BR/>http://www.bloomberg.com/apps/news?pid=20601087&sid=aq_6uYgEtOmY&refer=homeAnonymousnoreply@blogger.com