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Reply #9: Could you suggest a better one? [View All]

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GliderGuider Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-16-08 08:06 AM
Response to Reply #6
9. Could you suggest a better one?
Edited on Fri May-16-08 08:10 AM by GliderGuider
As I said above, this was a SWAG based on the best R^2 I could get with a simple fit (without going to something absurd like a 4th order polynomial).

As I say in the article the price behaviour is very hard to predict because the fundamental data is so bad. This just gives a range for us to think about. $250 to $1000 per barrel seems to me like a reasonable range for 2012.
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