Tuesday, November 22, 2005
That indicates that one in four forecasters think there will be a signficant move in oil prices between now and the end of next year, with slightly more thinking we go north of $80 than south of $40. I wonder if there's been another time where we've had that much uncertainty. And with that, I wonder how certain these forecasters are of their estimates. I know at least one weather forecaster who does a good job depicting uncertainty.