[KevO]

The reason Oil is up $5 this week
http://peakoil.com/bussiness/the-reason-oil-is-up-5-this-week/

[DoomersUnite]

$this->bbcode_second_pass_quote('KevO', 'T')he reason Oil is up $5 this week
http://peakoil.com/bussiness/the-reason-oil-is-up-5-this-week/

[KevO]

$this->bbcode_second_pass_quote('DoomersUnite', '')$this->bbcode_second_pass_quote('KevO', 'T')he reason Oil is up $5 this week
http://peakoil.com/bussiness/the-reason-oil-is-up-5-this-week/

[DoomersUnite]

$this->bbcode_second_pass_quote('KevO', '
')good point, though I don't think spelling ability is going to be top of the preps

[DoomersUnite]

$this->bbcode_second_pass_quote('pstarr', '')$this->bbcode_second_pass_quote('DoomersUnite', '')$this->bbcode_second_pass_quote('KevO', '
')good point, though I don't think spelling ability is going to be top of the preps

[DoomersUnite]

$this->bbcode_second_pass_quote('pstarr', 'Y')our moron you Don't you know that GDP as a measure of economic health is junk. In the trunk? It includes government debt.

Idiot

[Blacksmith]

It is all the fault of speculators. Legislate a fixed price for oil or make speculation illegal. Ban dirty oil and while you at it make ethanol 100% at the pump.

All my problems solved...........................

[Cloud9]

You can fix prices in a closed system where there is only one producer and one buyer. In an open system where there are multiple producers and multiple buyers, the party that is willing to pay the highest price buys the oil.

You have to remember that all those good deals we got at Wal-Mart have pumped up the Chinese cash reserves. They use our own dollars to bid against us in the world oil market.

If you fix oil prices in the United States, you will cut oil supplies by 60%. OPEC will sell to the highest bidder and we will be left with local production. You will then be able to get cheap gas, but you will have to get in a queue to get your ten gallon ration. Been there and done that. It is no fun.

[SeaGypsy]

Perhaps world parity pricing could remain flat for several years but still go to $130 easily via inflation of the dollar? Dollars are getting cheaper day by day, thus oil looks more expensive only to those using USD$.
That's the way I see this going.
The 3 big reasons the USD$ must inflate like mad: debt reduction (in real terms), competivity with Chindia and increasing real oil prices at the bowser.
The elephant in the room is obvious from outside, but few inside want to see it or admit why it needs to be there.

[Newfie]

$this->bbcode_second_pass_quote('SeaGypsy', 'P')erhaps world parity pricing could remain flat for several years but still go to $130 easily via inflation of the dollar? Dollars are getting cheaper day by day, thus oil looks more expensive only to those using USD$.
That's the way I see this going.
The 3 big reasons the USD$ must inflate like mad: debt reduction (in real terms), competivity with Chindia and increasing real oil prices at the bowser.
The elephant in the room is obvious from outside, but few inside want to see it or admit why it needs to be there.