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Re: Another Oil price Record

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

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

$200 ain't big enough for you? 8)
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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
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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
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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?
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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.
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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!
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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
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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!
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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
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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:
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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
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Re: $109 - what's next?

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

merging = conservation. no can do 8)
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Re: $109. 20 (was $107)

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

what are you talking about? $120 is peanuts. :P
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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.
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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

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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!
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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.
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"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
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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.
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