tag:blogger.com,1999:blog-28837843.post5395409027277569394..comments2024-03-19T07:10:27.303-07:00Comments on Quark Soup by David Appell: EIA's Lousy PredictionsDavid Appellhttp://www.blogger.com/profile/03318269033139447591noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-28837843.post-5020339413041219942008-06-16T09:57:00.000-07:002008-06-16T09:57:00.000-07:00But you have to wonder why their forecast of reser...But you have to wonder why their forecast of reserves is so far off of everyone else's (that isn't an OPEC producer). Myself, I default to 'more of the same: lying to the public'.<BR/><BR/>Best,<BR/><BR/>DDanohttps://www.blogger.com/profile/03709762632849004871noreply@blogger.comtag:blogger.com,1999:blog-28837843.post-21338147818044545952008-06-14T14:05:00.000-07:002008-06-14T14:05:00.000-07:00David -I'm not sure that ability to forecast oil a...David -<BR/><BR/>I'm not sure that ability to forecast oil and gasoline prices in this environment is a reasonable test of anyone's credibility. Given the current volatility, this is a system that is inherently unpredictable, and anyone who tries is likely to be wrong, or correct solely by accident.John Fleckhttps://www.blogger.com/profile/01945772782727225745noreply@blogger.com