

Normally you would see the massive shortfall where ~15% of global oil demand needs to be destroyed by price increases, and you would then assign the risk that happens, and take the integral over your risk distribution times your pricing scenarios.
However, two things are going wrong:
- markets wildly overestimate Trump’s words and ability to resolve this, so are mis estimated risk
- oil execs are happy with the extra income
So they’ve put off the price increases entirely because of hubris.





I’m a person who dropped out and I’ll be the first to say I don’t think a diploma means much. But I taught myself programming when I was 13, did programming competitions, math contests, and have spent thousands of hours programming, working on algorithms, reading math books, etc. And I know where I’m out of my depth.
That being said, that’s NOTHING in experience. They could learn from there, but they’d be a very very hands on intern.