Euro's making a break for 1.60.
A break-out above that and $120 oil here we come.
Meanwhile USDX has broken down from its consolidation pattern at 72 on its way to 70. Look out below!
PeakOil is You
Re: Another Oil price Record
Re: Another Record ($114.53)
by UncoveringTruths » Wed 16 Apr 2008, 14:25:09
$this->bbcode_second_pass_quote('lowem', 'E')uro's making a break for 1.60.
A break-out above that and $120 oil here we come.
Meanwhile USDX has broken down from its consolidation pattern at 72 on its way to 70. Look out below!
A break-out above that and $120 oil here we come.
Meanwhile USDX has broken down from its consolidation pattern at 72 on its way to 70. Look out below!
Oscar was an unlucky sap. Having just spent megabucks on a skydiving
class, he dove out of the airplane and pulled the ripcord. The chute
emerged, tangled, and he cut it free. He then pulled the cord on the
reserve chute, and it also was tangled. He prayed to his God and looked
down to the ground below. To his amazement, a woman was coming up with
equal velocity. "Hey, you know anything about parachutes?" he shouted
to her, as they passed by. The reply: "No... you know anything about
Coleman stoves?"
It's a cold cold world when a man has to pawn his shoes.
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UncoveringTruths - Tar Sands
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Re: Another Record ($114.53)
by Zardoz » Wed 16 Apr 2008, 14:48:15
"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 ($114.53)
by joewp » Wed 16 Apr 2008, 15:35:11
Another day, another dollar.
$115.07 within about 5 minutes of the close. Closed at approximately $114.79.
$115.07 within about 5 minutes of the close. Closed at approximately $114.79.
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
"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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joewp - Intermediate Crude
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Re: Another Record ($114.79)
by vision-master » Wed 16 Apr 2008, 16:18:31
So $3.35 gal will be $3.49 next week?
- vision-master
Re: Another Record ($114.79)
by emersonbiggins » Wed 16 Apr 2008, 16:24:56
$this->bbcode_second_pass_quote('vision-master', 'S')o $3.35 gal will be $3.49 next week?
That translates to only a 0.1% monthly increase, according to the FED. No worries.
![[smilie=5propeller.gif]](https://udev.peakoil.com/forums/images/smilies/5propeller.gif "5propeller")
"It's called the American Dream because you'd have to be asleep to believe it."
George Carlin
George Carlin
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emersonbiggins - Expert
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Re: Another Record ($114.79)
by Gandalf_the_White » Wed 16 Apr 2008, 17:21:41
Since the Fed is rich enough to bale out the starving hedge fund managers, who only made ten digit incomes last year, I doubt they think paying twice as much for gas is really that big of a deal. We can just create an option on options, and call it the Abyss. If we work hard we can inflate that puppy to about 500 quadrillion dollars in a few years and everyone who owns that paper will look like a trillionaire, on paper that is.
And the wall, came tumblin' down,
And the wall, came rumblin' tumblin dooowwwwn
And the wall, came tumblin' down,
And the wall, came rumblin' tumblin dooowwwwn
I return to you now at the turning of the tide.
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Gandalf_the_White - Peat
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Re: Another Record ($114.79)
by Ferretlover » Wed 16 Apr 2008, 17:34:51
$115.00 @ 3:35 CT
"Open the gates of hell!" ~Morgan Freeman's character in the movie, Olympus Has Fallen.
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Re: Another Record ($114.79)
by vision-master » Wed 16 Apr 2008, 17:46:31
$this->bbcode_second_pass_quote('Gandalf_the_White', 'S')ince the Fed is rich enough to bale out the starving hedge fund managers, who only made ten digit incomes last year, I doubt they think paying twice as much for gas is really that big of a deal. We can just create an option on options, and call it the Abyss. If we work hard we can inflate that puppy to about 500 quadrillion dollars in a few years and everyone who owns that paper will look like a trillionaire, on paper that is.
And the wall, came tumblin' down,
And the wall, came rumblin' tumblin dooowwwwn
And the wall, came tumblin' down,
And the wall, came rumblin' tumblin dooowwwwn
The Stones "Till the Walls Come Tumbling Down".
- vision-master
Re: Another Record ($114.79)
by yesplease » Wed 16 Apr 2008, 19:10:37
*Waits for $200/bbl*
$this->bbcode_second_pass_quote('Professor Membrane', ' ')Not now son, I'm making ... TOAST!
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