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PeakOil is You

Oil back up to 145

General discussions of the systemic, societal and civilisational effects of depletion.

Re: Oil back up to 145

Unread postby strata » Sat 12 Jul 2008, 15:36:01

$this->bbcode_second_pass_quote('Ludi', '')$this->bbcode_second_pass_quote('strata', ' ')like evolutionary biology which is definitely not a natural science, more like conjecture.


Ok, good to know you use your own personal definitions for words.


Good to know you have nothing but snide remarks to make in defense of "ecology" in this context as a natural science and for being off-topic. Kudos!
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Re: Oil back up to 145

Unread postby Peepers » Sat 12 Jul 2008, 21:53:36

And all I wanted to know (or at least hear a theory on) why the March 2009 oil contracts have typically been selling for more than any month's contract on NYMEX.
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Re: Oil back up to 145

Unread postby strata » Sun 13 Jul 2008, 03:17:43

$this->bbcode_second_pass_quote('Peepers', 'A')nd all I wanted to know (or at least hear a theory on) why the March 2009 oil contracts have typically been selling for more than any month's contract on NYMEX.


I'm not sure but if it's like natural gas, it may be due to people speculating that there won't be enough heating oil to get through the winter so that by March/April the price will go way up. New England and thereabouts have folks who still use oil to heat their homes, rather than gas or electric.

To the other guy: this is the internet. I'm glad you wasted several minutes of your life to attempt to prove a point on a topic that wasn't the focus of this thread anyway. Way to go. You rule. Keep wasting your time. I won't be wasting any more of mine on you.
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Re: Oil back up to 145

Unread postby Olle » Wed 16 Jul 2008, 04:03:44

Cashmere!
Ya feel a little more humble today as oil went down $6 yesterday?

We HAVE speculation on top of a tight market! / Olle
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Re: Oil back up to 145

Unread postby copious.abundance » Thu 04 Dec 2008, 20:37:33

Just thought I'd bump up another funny old thread! :lol:
$this->bbcode_second_pass_quote('Cashmere', 'A')nd just like that the losses of the 3 day dip have been erased.

Anybody want to admit to being credulous enough to buying short positions when oil was down to 135?

Like I wrote before - there are 100 visible reasons why oil will go up.

Can anybody name 5 reasons that oil will go down?
Stuff for doomers to contemplate:
http://peakoil.com/forums/post1190117.html#p1190117
http://peakoil.com/forums/post1193930.html#p1193930
http://peakoil.com/forums/post1206767.html#p1206767
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Re: Oil back up to 145

Unread postby copious.abundance » Thu 04 Dec 2008, 20:39:18

And I hate to say I told ya so, but I told ya so [emphasis added in bold, for you economic doomsday folks]
$this->bbcode_second_pass_quote('OilFinder2', '')$this->bbcode_second_pass_quote('jdumars', 'I')'m not saying I think the price of oil is going to go up forever. I am saying in theory it could. OF was so pedantic in his "explanation" of why oil was going to go down that I felt obligated to equally vehemently explain why he was wrong.

You gave me 3 friggin days of oil prices in Zimbabwe. Do you really think that's gonna go on forever?

BTW, when you get massive price rises like in Zimbabwe, here is the kind of demand destruction you get:
http://indexmundi.com/zimbabwe/oil_consumption.html

Economic destruction => demand destruction => eventual price destruction.

Prices of something cannot rise forever any more than the population of lemmings in Alaska can rise forever. That's why I said ecology and economics obey the same rules. They do.
Stuff for doomers to contemplate:
http://peakoil.com/forums/post1190117.html#p1190117
http://peakoil.com/forums/post1193930.html#p1193930
http://peakoil.com/forums/post1206767.html#p1206767
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