Last October, at the 2009 ASPO peak oil conference, I was hanging out with a posse of fellow energy analysts and investors at the bar late in the evening. The conference organizer came by with a video camera and asked each of us to pretend it was late 2010, and offer our observations on the year. Here was mine–all in all, not bad!
I’m particularly pleased that I nailed the price band for oil, predicting that it would remain in the $70-90 range. Here’s the proof:
I offered some additional predictions for 2010 and beyond in these two articles, written in December 2009: