PeakOil is You
Oil to peak in 2008 - but price to stay between $65 and $85
Re: Oil to peak in 2008 - but price to stay between $65 and
by Starvid » Sun 30 Dec 2007, 06:14:08
$this->bbcode_second_pass_quote('oilluber', 'W')ith the subprime mess and Bernanke ready to pump the printing machines, Oil should go on ward and upwards from here.
That only means the price of oil will go up in nominal, not real terms. Only the Americans have to care about that.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: Oil to peak in 2008 - but price to stay between $65 and
by manu » Sun 30 Dec 2007, 08:11:42
The price should stay between $165 and 185$ untill all hell breaks loose.
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manu - Tar Sands
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Re: Oil to peak in 2008 - but price to stay between $65 and
by Starvid » Mon 31 Dec 2007, 05:24:35
Manu's educated input is always appreciated...
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: Oil to peak in 2008 - but price to stay between $65 and
by manu » Tue 01 Jan 2008, 02:34:16
Did you get some nuclear boots for Christmas Starvid? You could go and party on the nuclear boat for New Year.
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manu - Tar Sands
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Re: Oil to peak in 2008 - but price to stay between $65 and
by clueless » Wed 02 Jan 2008, 14:46:58
$this->bbcode_second_pass_quote('Starvid', '')$this->bbcode_second_pass_quote('oilluber', 'W')ith the subprime mess and Bernanke ready to pump the printing machines, Oil should go on ward and upwards from here.
That only means the price of oil will go up in nominal, not real terms. Only the Americans have to care about that.Starvid has a better grasp on this than most. Americans are going to have to pay more for energy plain and simple.
The dollar will fall, oil rich countires will buy more things on the international market, like airplanes etc...and we will continue to see more inflation and declining living stadards in the US.
Europeans consume 1/4 of the oil we consume and pay alot more for it, and they aren't waitng in bread lines...I am sick the appocalypse fantasizers here. It will one day happen, but not becasue oil is $165 per barrel.
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Re: Oil to peak in 2008 - but price to stay between $65 and
by Starvid » Wed 02 Jan 2008, 15:27:06
$this->bbcode_second_pass_quote('manu', 'D')id you get some nuclear boots for Christmas Starvid? You could go and party on the nuclear boat for New Year.
It seems the Americans are hogging all the nuclear boats... And to tell the truth, nukes and alcohol doesn't mix.
But if I ever become one of those super rich multi billionaires and need a stately yacht, I'll buy and renovate the NS Savannah, though I'll obviously call it the NS Starvid.
NS Savannah at the Golden Gate.
Peak oil is not an energy crisis. It is a liquid fuel crisis.
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Starvid - Intermediate Crude
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