What is the Right Price for Oil?

London, UK - 8th June 2008, 23:30 GMT

Dear ATCA Colleagues

[Please note that the views presented by individual contributors are not necessarily representative of the views of ATCA, which is neutral. ATCA conducts collective Socratic dialogue on global opportunities and threats.]

Oil prices staged their biggest one day advance on record to reach an all-time high of almost USD 140 on Friday. The global economy is facing a complex challenge, the nature and scale of which are quite unprecedented, possibly since the beginning of the industrial revolution. It is incumbent on distinguished ATCA members to nurture the Socratic Dialogue on this vital subject from first principles and not jump to hasty conclusions and simplistic remedies.

[CONTINUES] [ATCA Membership]


The ATCA briefing was written jointly by the mi2g Intelligence Unit; the ATCA Research and Analysis Wing (RAW) based in Canary Wharf, London; Hamid Hakimzadeh, Hedge Fund Specialist and Global Asset Allocation Modeller, based in Buckinghamshire, England; and Dr Harald Malmgren, Chief Executive, Malmgren Global, based in Washington, DC.

To reflect further on this, please click here and read views as well as respond directly within the online forum.

We welcome your thoughts, observations and views. Thank you.

Best wishes

ATCA: The Asymmetric Threats Contingency Alliance is a philanthropic expert initiative founded in 2001 to resolve complex global challenges through collective Socratic dialogue and joint executive action to build a wisdom based global economy. Adhering to the doctrine of non-violence, ATCA addresses asymmetric threats and social opportunities arising from climate chaos and the environment; radical poverty and microfinance; geo-politics and energy; organised crime & extremism; advanced technologies -- bio, info, nano, robo & AI; demographic skews and resource shortages; pandemics; financial systems and systemic risk; as well as transhumanism and ethics. Present membership of ATCA is by invitation only and has over 5,000 distinguished members from over 120 countries: including 1,000 Parliamentarians; 1,500 Chairmen and CEOs of corporations; 1,000 Heads of NGOs; 750 Directors at Academic Centres of Excellence; 500 Inventors and Original thinkers; as well as 250 Editors-in-Chief of major media.

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