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Morgan Stanley Says WTI Crude May Reach $150 by July

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General interest discussions, not necessarily related to depletion.
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Re: Morgan Stanley Says WTI Crude May Reach $150 by July

Unread postby Armageddon » Fri 06 Jun 2008, 09:12:30

What does that put the national gasoline average at ? $4.50 ?
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Re: Morgan Stanley Says WTI Crude May Reach $150 by July

Unread postby roccman » Fri 06 Jun 2008, 09:30:56

Gas will be $6 by August.

MS - is late to the party...way late.
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Re: Morgan Stanley Says WTI Crude May Reach $150 by July

Unread postby DantesPeak » Fri 06 Jun 2008, 09:33:33

$this->bbcode_second_pass_quote('roccman', 'G')as will be $6 by August.

MS - is late to the party...way late.


Soon the problem will not be the price, but whether there will be enough supplies.
It's already over, now it's just a matter of adjusting.
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Re: Morgan Stanley Says WTI Crude May Reach $150 by July

Unread postby roccman » Fri 06 Jun 2008, 09:37:28

$this->bbcode_second_pass_quote('Drifter', 'I') think this is all happening faster than any of us predicted. Anyone notice how the price dips don't last nearly as long as before?


Well almost any of us ;)
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Re: Morgan Stanley Says WTI Crude May Reach $150 by July

Unread postby TreeFarmer » Fri 06 Jun 2008, 09:39:45

It is the inelastic nature of the demand for oil products. Only harsh price increases which stop some activities will lower demand significantly. Of course, since so many things are interrelated if you stop one you stop several...

TF
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Re: Morgan Stanley Says WTI Crude May Reach $150 by July

Unread postby roccman » Fri 06 Jun 2008, 09:42:02

$this->bbcode_second_pass_quote('Drifter', '')$this->bbcode_second_pass_quote('roccman', '')$this->bbcode_second_pass_quote('Drifter', 'I') think this is all happening faster than any of us predicted. Anyone notice how the price dips don't last nearly as long as before?


Well almost any of us ;)


Oops. Except you. :-D


and SJN...:)
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Re: Morgan Stanley Says WTI Crude May Reach $150 by July

Unread postby DantesPeak » Fri 06 Jun 2008, 10:02:22

MS could have figured this out before by reading our Weekly Inventory Thread and my OPEC Exports Heading To Asia thread:


$this->bbcode_second_pass_quote('', 'O')il prices have dipped by around $10 on an almost monthly basis this year, only to jump to new heights. Although world oil demand is seen as shaky due to fuel price hikes in Asia and lower demand in the U.S., supplies are still tight, wrote Ole Slorer, an analyst with Morgan Stanley. The bank now calls for oil prices to hit $150 a barrel by July 4.

"Middle East oil exports are stable, but Asia is taking an unprecedented share," he wrote. "(The U.S. is) unlikely to break this trend of sharply drawing inventories on 'surprisingly low imports' anytime soon."


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June 6, 2008 9:55 a.m.
It's already over, now it's just a matter of adjusting.
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Re: Morgan Stanley Says WTI Crude May Reach $150 by July

Unread postby Niagara » Fri 06 Jun 2008, 10:03:53

September 200 calls are seeing some action now. Yikes!
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Re: Morgan Stanley Says WTI Crude May Reach $150 by July

Unread postby Cashmere » Fri 06 Jun 2008, 10:15:11

9.8m/s/s

I think we're seeing this.

What's terminal velocity again?
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Re: Morgan Stanley Says WTI Crude May Reach $150 by July

Unread postby Mechler » Fri 06 Jun 2008, 10:20:16

$this->bbcode_second_pass_quote('Cashmere', '9').8m/s/s

I think we're seeing this.

What's terminal velocity again?


I think it depends on the area and coefficient of drag. Hopefully, those numbers are large...
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Re: Morgan Stanley Says WTI Crude May Reach $150 by July

Unread postby roccman » Fri 06 Jun 2008, 10:29:10

$this->bbcode_second_pass_quote('Niagara', 'S')eptember 200 calls are seeing some action now. Yikes!


I was trying to be less obvious...guess that has not worked.

:)
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Re: Morgan Stanley Says WTI Crude May Reach $150 by July

Unread postby EnergyUnlimited » Sat 07 Jun 2008, 03:33:00

$this->bbcode_second_pass_quote('Cashmere', '9').8m/s/s

I think we're seeing this.

What's terminal velocity again?

That depends of how long that acceleration was acting.

After about a year you may get close to speed of light. :-D
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