Quote from: TDoS on Nov 30, 2024, 08:59 PMYou presume intent where none may exist. If you aren't a big name (you seriously think Gail The Actuary is a name?) you might write for some of these rags because you get name recognition. The information they work with? Unlikely to be raw data. Scrape websites of companies and state web pages maybe? Might not have the skills to use it if they did. So they take free EIA/IEA/OPEC reports and data and weave a story as best they can. No rigging of market desires or anything else, just best efforts.
What do you think their information budget might even be? Next to nothing? Which is why they use all the free stuff, and oftentimes themselves read the writings of others, mix in some personal take or spin, call that "research" and write it up.
There are analysts out there who are just doing the best they can with what they've got. "Influence" investors? You don't think the investors who are good at what they do? I say those BCG folks are damn shitfire on top of things. And they know the difference between Gail telling them we are all doomed...because of high oil price...oops...no...because of low oil prices...oops...its about ALL energy....ad infinitum...and those worth top dollar for their work. And you don't find them handing that out for free.
I never mentioned Gail Tverberg nor is her name associated with this article, which was written by the Ruskie girl over there, Tsvetana Paraskova. WTF do you bring up Gail? She's not involved in this at all.
Nothing exists in a vacuum, so I don't buy no intent as plausible. Plus nobody asked for advice, they merely polled a bunch of "experts" who are anonymous and took an average from their responses. So the question remains of who these anonymous experts are and why a poll is published with a number that is more than 15% off to the high side. Reuters is a huge newz organization with plenty of money and resources to do research. That's a huge difference for anybody who invests of course. Big institutional investors with their own in house experts probably don't pay attention to this but these guys who pitched out those numbers are selling to somebody.
RE