[NevadaGhosts]

$this->bbcode_second_pass_quote('', 'U')S demand could push crude oil futures to $60 a barrel in days, analysts said.

[uNkNowN ElEmEnt]

Ouch! Glad I didn't renew the car insurance again. The rest of you have my condolences.

[aldente]

Hey Nevada Ghosts,
That's very cool that you dig in African publications. I am a big fan of Africa and was running the thesis in the early 90's that black people will survive the longest due to the best protection to UV-rays (remember when the shrinking ozone layer was in the media...)
That point might not be invalid after all and for us Europeans WestAfrica let's say is a simple 6 hour flight straight down south (I guess you are in Brazil after flying 6 hours south from North America). In other words, not that unfamiliar a territory. I've visited there numerous times and was shocked how un-updated I was about the place. (Slavery happend 200 years and more ago, it's history. It would be as backward as someone asking me about Adolf Hitler... he's gone since a long time).
There is a current Africa with current people and it is outstandingly beautiful. All the western media puts out though from time to time are bad events and hunger. Far from reality!

If any of you guys plan to travel there as long as air-fares are what they are (in other words NOW) please visit Ghana which is the finest of all countries on the black continent.

[tdrive]

$this->bbcode_second_pass_quote('', '
')<b>NevadaGhosts</b> wrote:

US demand could push crude oil futures to $60 a barrel in days, analysts said.

[parainwater]

"Opec president Sheikh Ahmad al-Fahd al-Sabah said yesterday that cartel oil ministers had begun telephone consultations on possibilities of increasing production by a further 500000 barrels a day to cool prices."

I think this is analogous to the Titanic sinking another foot and the
captain saying that "we are going to increase bilge pump output."

[savethehumans]

Read today that Libya's requested OPEC to OK raising production levels. I'm sure THAT will help!

[khebab]

On the contrary, in the short term crude oil will go down because stockpiles are growing and gas price will go up because stockpiles are decreasing.

[EnemyCombatant]

IMO, some things are put into media publications just to measure people's reactions.

[frankthetank]

These articles help in cementing my feelings on how bad it really is. I just remember to take a common sense view of all of this and base my OWN conclusions on that.

Chomsky has some interesting thing to say about the media in one of the books i'm currently reading of his.

[aahala]

Predicting the price of oil in a few days isn't that difficult,
unless you need to be correct.

[FoxV]

I'm surprised that the article didn't mention the planning of the oil strike in nigeria(?) in a couple of weeks.

That should easily get oil over $60/brl

[0mar]

$this->bbcode_second_pass_quote('khebab', 'O')n the contrary, in the short term crude oil will go down because stockpiles are growing and gas price will go up because stockpiles are decreasing.

[NevadaGhosts]

Surging oil price poised to break US$60 barrier this week

$this->bbcode_second_pass_quote('', ''')Prices look set to go past US$60 this week,' Titan Oil CEO Patrick Wong said yesterday. 'The hedge funds will try for this. Everyone is going short to make money - and there's nothing the Opec oil producers can do about it. They have no more bullets.'

[EnemyCombatant]

Would that book be Propaganda and Mind Control.
I've read almost all of Chomsky's books.