PeakOil is You
Re: Another Oil price Record
Re: Another Record
by Zardoz » Mon 15 Oct 2007, 20:42:45
Still climbing after hours:
"Thank you for attending the oil age. We're going to scrape what we can out of these tar pits in Alberta and then shut down the machines and turn out the lights. Goodnight." - seldom_seen
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Zardoz - Expert
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Re: Another Record
by dukey » Mon 15 Oct 2007, 20:58:02
when it reaches 100 can we have an
i told you so
party ?
i told you so
party ?
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dukey - Intermediate Crude
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Re: Another Record
by eastbay » Mon 15 Oct 2007, 21:13:31
No, I think all things considered, $150.00 is the new magic, 'I told you so' number. Everyone, and I mean EVERYONE, is now saying $100.00 is right around the corner.
Got Dharma?
Everything is Impermanent. Shakyamuni Buddha
Everything is Impermanent. Shakyamuni Buddha
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Re: Another Record
by chuck6877 » Tue 16 Oct 2007, 00:49:20
$this->bbcode_second_pass_quote('eastbay', 'N')o, I think all things considered, $150.00 is the new magic, 'I told you so' number. Everyone, and I mean EVERYONE, is now saying $100.00 is right around the corner.
Then as we approach $150, $200 will be the new 'I told you so' number. It will never end.
People are never going to take us seriously! I swear
Does anyone get the feeling peak oil is being kept from the masses on purpose?
Chuck
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Re: Another Record
by roccman » Tue 16 Oct 2007, 00:51:49
$this->bbcode_second_pass_quote('chuck6877', '
')
Does anyone get the feeling peak oil is being kept from the masses on purpose?
')
Does anyone get the feeling peak oil is being kept from the masses on purpose?
6.7 Billion acting like me would be a real problem.
"There must be a bogeyman; there always is, and it cannot be something as esoteric as "resource depletion." You can't go to war with that." Emersonbiggins
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roccman - Light Sweet Crude
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Re: Another Record
by Zardoz » Tue 16 Oct 2007, 02:00:59
Indonesian Tapis Light now at $88.60, and NYMEX briefly showed $86.58.
I'm impressed. We may see NYMEX at $87 on Tuesday.
I'm impressed. We may see NYMEX at $87 on Tuesday.
"Thank you for attending the oil age. We're going to scrape what we can out of these tar pits in Alberta and then shut down the machines and turn out the lights. Goodnight." - seldom_seen
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Zardoz - Expert
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Re: Another Record
by lowem » Tue 16 Oct 2007, 02:15:28
Continuing to monitor during the trading day here over in Singapore, where it's a slightly overcast Tuesday, we have a new record :
$86.67
Um no, wait, that was one minute ago. It's now :
$86.76
$86.67
Um no, wait, that was one minute ago. It's now :
$86.76
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Re: Another Record
by jackal42 » Tue 16 Oct 2007, 04:56:46
Anyone get the feeling that something big is about to go down?
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Re: Another Record
by Starvid » Tue 16 Oct 2007, 05:32:26
Son of a...
What's happening?
Is this all due to the Turkey rumblings?
Or are the hedge funds piling in?
Peak oil is not an energy crisis. It is a liquid fuel crisis.
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Starvid - Intermediate Crude
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Re: Another Record
by Leanan » Tue 16 Oct 2007, 07:05:24
So, I get up this morning on CNN's Ali Belshi is saying oil is $87.97. 
"The problems of today will not be solved by the same thinking that produced the problems in the first place." - Albert Einstein
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Re: Another Record
by sjn » Tue 16 Oct 2007, 07:22:47
It's a bidding war. The ELM is kicking in. Q4 was always going to be a few mbpd more than tight. The other thing IMHO is the fear of a collapse in the price has receded due to dollar weakness. There are no shortage of dollars to chase what oil there is available.
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Re: Another Record
by simontay78 » Tue 16 Oct 2007, 07:24:20
Was watching with Lowem today....the record were broken every 1 to 5 minutes today....it's like something huge is happening...
yes... $87.97 per barrel is the new high for now.
yes... $87.97 per barrel is the new high for now.
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Re: Another Record
by DantesPeak » Tue 16 Oct 2007, 09:54:49
$this->bbcode_second_pass_quote('', 'I')s this all due to the Turkey rumblings?
There are reports of clashes between the Turks, Kurds, and Iranians. However the market rose more when this news came out:
$this->bbcode_second_pass_quote('', 'U')S missile fired 'by accident' in Qatar: report
DOHA (AFP) — A Patriot missile was launched accidentally from a US military base in the Gulf state of Qatar, landing in a farm but causing no casualties, Al-Jazeera television reported on Tuesday.
"A Patriot missile landed on a farm belonging to a Qatari national after being fired by accident from the As-Sailiyah camp," the Doha-based satellite channel said.
The US military said it was looking into the apparent misfire, but declined to give any further details.
"We're investigating the incident, which happened last night," said As-Sailiyah camp spokeswoman Holley Silkman.
AFP
It's already over, now it's just a matter of adjusting.
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