Peak Oil
Donate Bitcoin

Donate Paypal


PeakOil is You

PeakOil is You

Re: Another Oil price Record

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

Re: $109. 20 (was $107)

Unread postby kilik » Tue 11 Mar 2008, 10:04:16

Yes, as a European I consider everything below $7 as cheap now.
User avatar
kilik
Wood
Wood
 
Posts: 22
Joined: Thu 13 Dec 2007, 04:00:00
Location: Norway
Top

Re: $107

Unread postby TheDude » Tue 11 Mar 2008, 10:12:12

$this->bbcode_second_pass_quote('Gazzatrone', '')$this->bbcode_second_pass_quote('bonehead', 'C')an't wait for my stimulus check,i'll be using it to buy $4.00 a gallon gas.Boy, is this country in trouble.


I hate to say this as it does sound tired. But at $4 I can't see what you are complaining about. Try paying $8 as we do in the U.K

"Is this country in trouble"

Like I said start paying $8. Honestly! You don't know what trouble is.


Taxes built into petrol prices gobble gobble. Infrastructure for US maintained by income taxes gobble gobble.

Image

Let's change the name of this thread into something like "Oil Prices at Some Really Amazingly High Record Price."
Cogito, ergo non satis bibivi
And let me tell you something: I dig your work.
User avatar
TheDude
Expert
Expert
 
Posts: 4896
Joined: Thu 06 Apr 2006, 03:00:00
Location: 3 miles NW of Champoeg, Republic of Cascadia
Top

Re: Another Record

Unread postby whereagles » Tue 11 Mar 2008, 10:44:35

$200 ain't big enough for you? 8)
User avatar
whereagles
Tar Sands
Tar Sands
 
Posts: 586
Joined: Wed 17 Aug 2005, 03:00:00
Location: Portugal
Top

Re: Another Record

Unread postby lowem » Tue 11 Mar 2008, 10:52:23

$109.72

If I recall right, a Yergin is $38, so this makes 2.887 Yergins.
Live quotes - oil/gold/silver
User avatar
lowem
Expert
Expert
 
Posts: 1901
Joined: Mon 19 Jul 2004, 03:00:00
Location: Singapore
Top

Re: $109 - what's next?

Unread postby Quicksilver » Tue 11 Mar 2008, 11:03:48

Do we need to create a new thread every time oil hits a new high?

That's why we have this thread

another record
He who controls the spice controls the universe.

"Anyone who believes exponential growth can go on forever in a finite world is either a madman or an economist" – Kenneth Boulding
Quicksilver
Peat
Peat
 
Posts: 82
Joined: Sat 30 Jul 2005, 03:00:00
Top

Re: $109 - what's next?

Unread postby misterno » Tue 11 Mar 2008, 11:08:39

I don't understand

there are no hurricanes no wars no transportation bottlenecks or any other problems like terorist attacks ant yet it is 109

what happens if we have one of those problems?
User avatar
misterno
Tar Sands
Tar Sands
 
Posts: 844
Joined: Wed 07 Mar 2007, 04:00:00
Location: Somewhere super boring
Top

Re: $109. 20 (was $107)

Unread postby shortonoil » Tue 11 Mar 2008, 11:09:24

Dam, $109, and it just cost me a good bottle of wine!! Four years ago I bet someone that oil prices could not be sustained at $90. I based that on total world net savings. That's what you get for using official inflation numbers! He said $120 was the breaking point price. Even if everything falls apart at $110, which it looks likely to do, he wins.

Anyone want to bet on when the food riots start in the cities. I’ll double up with two bottles.
User avatar
shortonoil
False ETP Prophet
False ETP Prophet
 
Posts: 7132
Joined: Thu 02 Dec 2004, 04:00:00
Location: VA USA
Top

Re: $109 - what's next?

Unread postby rider » Tue 11 Mar 2008, 11:28:37

$this->bbcode_second_pass_quote('misterno', 'I') don't understand

there are no hurricanes no wars no transportation bottlenecks or any other problems like terorist attacks ant yet it is 109

what happens if we have one of those problems?

Then buckle your seat belt!
User avatar
rider
Peat
Peat
 
Posts: 50
Joined: Tue 12 Apr 2005, 03:00:00
Location: North America
Top

Re: $109 - what's next?

Unread postby Last_Laff » Tue 11 Mar 2008, 11:33:25

$this->bbcode_second_pass_quote('Quicksilver', 'D')o we need to create a new thread every time oil hits a new high?

That's why we have this thread

another record

I wonder that too.. and it would be good to merge these threads mostly KevO created.

Merge away...?
"Panic is not a strategy." - BigTex
User avatar
Last_Laff
Lignite
Lignite
 
Posts: 252
Joined: Sat 16 Sep 2006, 03:00:00
Top

Re: $109 - what's next?

Unread postby Gazzatrone » Tue 11 Mar 2008, 11:34:54

$this->bbcode_second_pass_quote('misterno', 'I') don't understand

there are no hurricanes no wars no transportation bottlenecks or any other problems like terorist attacks ant yet it is 109

what happens if we have one of those problems?


The shit hits the fan with spectacular consequences.
THE FUTURE IS HISTORY!
User avatar
Gazzatrone
Tar Sands
Tar Sands
 
Posts: 581
Joined: Mon 07 Nov 2005, 04:00:00
Location: London, UK
Top

Re: $109 - what's next?

Unread postby misterno » Tue 11 Mar 2008, 11:38:45

and the hurricane season is approaching

God bless us folks
User avatar
misterno
Tar Sands
Tar Sands
 
Posts: 844
Joined: Wed 07 Mar 2007, 04:00:00
Location: Somewhere super boring
Top

Re: $109 - what's next?

Unread postby rider » Tue 11 Mar 2008, 11:51:20

$this->bbcode_second_pass_quote('misterno', 'a')nd the hurricane season is approaching

God bless us folks


Maybe it's God that's gonna fuck us up! :twisted:
User avatar
rider
Peat
Peat
 
Posts: 50
Joined: Tue 12 Apr 2005, 03:00:00
Location: North America
Top

Re: $109 - what's next?

Unread postby Atlantean_Relic » Tue 11 Mar 2008, 12:12:01

$this->bbcode_second_pass_quote('rider', '')$this->bbcode_second_pass_quote('misterno', 'a')nd the hurricane season is approaching

God bless us folks


Maybe it's God that's gonna fuck us up! :twisted:


Now, now the economists said all we have to do is fling enough money at God and he'll leave us alone.
Was a long and dark December
When the banks became cathedrals
And the fog
Became God
User avatar
Atlantean_Relic
Tar Sands
Tar Sands
 
Posts: 724
Joined: Mon 24 Oct 2005, 03:00:00
Location: North of Id, west of Oz, and infront of the damned rabbit
Top

Re: $109 - what's next?

Unread postby whereagles » Tue 11 Mar 2008, 12:15:37

merging = conservation. no can do 8)
User avatar
whereagles
Tar Sands
Tar Sands
 
Posts: 586
Joined: Wed 17 Aug 2005, 03:00:00
Location: Portugal
Top

Re: $109. 20 (was $107)

Unread postby whereagles » Tue 11 Mar 2008, 12:16:47

what are you talking about? $120 is peanuts. :P
User avatar
whereagles
Tar Sands
Tar Sands
 
Posts: 586
Joined: Wed 17 Aug 2005, 03:00:00
Location: Portugal
Top

Re: Another Record

Unread postby funzone36 » Tue 11 Mar 2008, 12:24:42

When it hits $110/barrel, hopefully enough Americans will be awake and stop dream-walking into the future.
User avatar
funzone36
Peat
Peat
 
Posts: 178
Joined: Sun 04 Dec 2005, 04:00:00
Top

Re: $107

Unread postby joeltrout » Tue 11 Mar 2008, 12:40:00

$this->bbcode_second_pass_quote('aflurry', '')$this->bbcode_second_pass_quote('joeltrout', 'W')e now have speculation and hedge-fund managers.


sorry, this is different from when? how?


"Investing in crude futures by those not involved in the oil business has more than doubled since February of 2006, when crude oil traded as low as $58 a barrel, according to data from the Commodities Futures Trading Commission, the agency that oversees futures trading."

Quoted from CNN Money

joeltrout
joeltrout
Heavy Crude
Heavy Crude
 
Posts: 1297
Joined: Wed 19 Sep 2007, 03:00:00
Top

Re: $109 - what's next?

Unread postby Gazzatrone » Tue 11 Mar 2008, 13:02:49

$this->bbcode_second_pass_quote('Quicksilver', 'D')o we need to create a new thread every time oil hits a new high?

That's why we have this thread

another record


I think its time we had a tickertape regarding oil prices. By the time you start a new thread about a new high, it's old news as ther's already a new one.
THE FUTURE IS HISTORY!
User avatar
Gazzatrone
Tar Sands
Tar Sands
 
Posts: 581
Joined: Mon 07 Nov 2005, 04:00:00
Location: London, UK
Top

Re: Another Record

Unread postby joewp » Tue 11 Mar 2008, 13:32:26

$this->bbcode_second_pass_quote('funzone36', 'W')hen it hits $110/barrel, hopefully enough Americans will be awake and stop dream-walking into the future.


Somebody said the same thing about $100, $90, $80, $70...

They're not going to wake up because they think this is a plot by the oil companies to gouge them. They can't imagine their cushy lifestyle is coming to an end.
Joe P. joeparente.com
"Only when the last tree is cut; only when the last river is polluted; only when the last fish is caught; only then will they realize that you cannot eat money." - Cree Indian Proverb
User avatar
joewp
Intermediate Crude
Intermediate Crude
 
Posts: 2054
Joined: Tue 05 Apr 2005, 03:00:00
Location: Keeping dry in South Florida
Top

Re: Another Record

Unread postby frankthetank » Tue 11 Mar 2008, 13:53:07

Funny... I'm looking to buy ANOTHER vehicle (only have the one right now). Not that we drive that much, but i figure i should be able to get a good deal right now.

Keep going up. Hope it hits $200. Hope it hits $300. People are bitching so much now, wait until they pay $5 gas.
lawns should be outlawed.
User avatar
frankthetank
Light Sweet Crude
Light Sweet Crude
 
Posts: 6202
Joined: Thu 16 Sep 2004, 03:00:00
Location: Southwest WI
Top
PreviousNext
Topic locked

Return to Open Topic Discussion

Who is online

Users browsing this forum: No registered users and 14 guests