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Third fiscal quarter..

What's on your mind?
General interest discussions, not necessarily related to depletion.

Third fiscal quarter..

Unread postby Cyrus » Sat 14 May 2005, 11:06:11

Around this time, when there is supposed to be a "supply-crunch" and other factors, how much do you think crude, uranium, and nat-gas will be priced around?

Also, would that be considered the time that we "peak" or just demand outstipping supply?
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Unread postby Tyler_JC » Sat 14 May 2005, 14:58:55

My guess?

NY Crude oil, $60-$65

Uranium, $25-$28

Nat Gas, $9-$10

I think the price of all energy resources will be up by at least 10%. Don't forget, the Fed is still keeping the presses up and running at top speed. The relative price of energy might stay the same, but the money supply could be increased dramatically. Regardless, oil will be above $60 and gas will have to hit at least $9. Otherwise, we will have shortages in some areas.

As the old saying goes, "If you ran out of product and you still have people waiting in line, you weren't charging enough!" (I'm not sure if that's actually an "old saying" but hey)
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Unread postby Cyrus » Sun 22 May 2005, 09:16:09

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