#6617
JimmyT
Participant

Brian H wrote:

However, the prices would start to drop immediately once FF viability was confirmed. Almost all purchasing is done on a future anticipated demand and supply basis — traders and refiners best guesses.

I’d expect a very short ‘gasp’ in securities prices, but the real action would be in the one to ten year energy sector futures prices. This would be your barometer for when to short the fossil fuels.
Indeed, but those markets would immediately begin to reflect revised expectations; in fact, they ARE purely and simply expectations.

Speaking of markets, I wish someone with more resources than I would fire up the Intrade action by putting a buy or sell bid up!

If I were an oil producing country I would not currently be that enthusiastic about pumping my oil reserves as quickly as possible. Oil is going to go up in price right? Five years from now it will be worth even more than it is now.

But along comes fusion, and all of the sudden the realization that oil is not going up in price, but down. I’d start pumping my reserves as rapidly as possible. That in itself will bring down prices.