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lorenzo
Fission
Joined: Jan 01, 2005
Posts: 2092
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 Posted: Tue May 24, 2005 12:54 pm Post subject: Question about the oil price chart on the frontpage |
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I've been watching the active oil price chart, which the webmaster has included on the front page of Peakoil.com.
However, the prices in that chart are consistently above the real prices. So where does this chart come from? My suggestion: a link to the source would be interesting.
At this moment, the price for light sweet crude is $47.39pb (see Bloomberg energy), while Peakoil.com's stat shows §49+.
Both are real time sources. Whence the difference? |
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khebab
Moderator
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Joined: Sep 27, 2004
Posts: 935
Location: Canada
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clv101
Light Sweet Crude
Joined: Jun 02, 2004
Posts: 1078
Location: Bristol, UK
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| Posted: Tue May 24, 2005 1:36 pm Post subject: Re: Question about the oil price chart on the frontpage |
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| lorenzo wrote: | I've been watching the active oil price chart, which the webmaster has included on the front page of Peakoil.com.
However, the prices in that chart are consistently above the real prices. So where does this chart come from? My suggestion: a link to the source would be interesting.
At this moment, the price for light sweet crude is $47.39pb (see Bloomberg energy), while Peakoil.com's stat shows §49+.
Both are real time sources. Whence the difference? |
$49.67 on Bloomberg for nymex.
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"Everything is proceeding as I have foreseen." The Emperor (Return of the Jedi)
The Oil Drum: Europe |
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EddieB
Heavy Crude
Joined: Mar 21, 2005
Posts: 132
Location: BA PA USA
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| Posted: Tue May 24, 2005 1:50 pm Post subject: |
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My understanding is that there are different prices out there. London and NY both trade in sweet light (which is what PO.com claims to track). Newspapers etc. often post other numbers such as WTI or OPEC basket crude, which go for lower prices.
I just look at the ballpark and think, "yep, energy is still too cheap." |
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Aaron
800 lb Gorilla
Joined: Apr 15, 2004
Posts: 6384
Location: Houston
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| Posted: Tue May 24, 2005 2:37 pm Post subject: |
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http://www.advfn.com/
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"When you understand why you dismiss all the other possible gods, you will understand why I dismiss yours." - Stephen F Roberts.
Praise HawkMan |
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lorenzo
Fission
Joined: Jan 01, 2005
Posts: 2092
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| Posted: Wed May 25, 2005 7:12 am Post subject: |
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| Thx Aaron, that's a great resource. Now I have to find out how to embed such a chart in a website. |
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Aaron
800 lb Gorilla
Joined: Apr 15, 2004
Posts: 6384
Location: Houston
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jlpicard2
Tar Sands
Joined: Nov 05, 2004
Posts: 50
Location: NE Ohio
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| Posted: Tue Jun 21, 2005 7:34 am Post subject: Size the "Light, Sweet Crude Oil" graph on front p |
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| Could we have the "Light, Sweet Crude Oil" graph on the front page sized at 100% of the original? The current resizing makes it very difficult to read the prices on the vertical axis. It is currently sized at 150x93, and the original GIF is 165x102. That is not that much of a difference for readable text. |
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LadyRuby
Light Sweet Crude
Joined: Jun 13, 2005
Posts: 1206
Location: Western US
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| Posted: Tue Jun 21, 2005 8:16 am Post subject: |
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| Quote: | | Could we have the "Light, Sweet Crude Oil" graph on the front page sized at 100% of the original? The current resizing makes it very difficult to read the prices on the vertical axis. It is currently sized at 150x93, and the original GIF is 165x102. That is not that much of a difference for readable text. |
I agree, that would be helpful. |
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khebab
Moderator
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Joined: Sep 27, 2004
Posts: 935
Location: Canada
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jlpicard2
Tar Sands
Joined: Nov 05, 2004
Posts: 50
Location: NE Ohio
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| Posted: Fri Jun 24, 2005 11:09 am Post subject: |
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The graph is easily readable now. Thanks!  |
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