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There are a lot of people selling and buying oil, thus changing the price every second. But there's no person looking at the wind and wager at what the "wind pr
by wilonth 10y ago
There are a lot of people selling and buying oil, thus changing the price every second. But there's no person looking at the wind and wager at what the "wind price" would be! You can never change your price if you wrote it in the CONTRACT, Google would be stupid if they don't cover it in the contract and let their Wind Farm builder change the price, because it makes zero sense.
- DannyBee 10y ago" But there's no person looking at the wind and wager at what the "wind price" would be!" Uh, sure there are, they are wagering on weather, which is a very common thing to do in various commodities markets.
- wallace_f 10y ago> There are a lot of people selling and buying oil, thus changing the price every second. I have never heard before a theory that greater market participants necessarily increase volatility. Can you cite a source for this please?