A 5.54 year cycle in Oil Prices
First published: 2005
Brief summary
CRI PDF by Ray Tomes on a proposed 5.54-year cycle in oil prices.
Article
A 5.54 year cycle in Oil Prices
By Ray Tomes Cycles Research Institute November 2005
In the 1940s, 1970s and 2000s the price of oil was unstable and rapidly rising. Between these periods it was more steady with fluctuations both up and down. These three eras are the same times that the USA was involved in expensive wars – WW II, Vietnam and Iraq, and it is natural to consider that there is a relation between the oil price increases and weakness in the US dollar.
The possibility of an increase to the general region of $300 per barrel between now and mid 2013 cannot be dismissed as fanciful.
Additional summary
The remainder argues that a 5.54-year cycle is dominant in oil prices and compares it with other cycles reported in wheat prices, stock prices and other series.
Source details and credits
- Source / publisher: Cycles Research Institute / Ray Tomes
- Source type: PDF
- URL type: PDF
- Credits: Cycles Research Institute / Ray Tomes
- URL: https://cyclesresearchinstitute.org/pdf/cycles-economy/CRI200511-oilprices.pdf