 | | |
07-16-2008, 09:13 AM
|  | Ooma-mow-mow, papa-ooma-mow-mow | | Join Date: Apr 2006 Location: The arctic North Coast
Posts: 23,276
| | No! NOOO!!!!!!! IT'LL TAKE 10 YEEEEARS!!!!!!!!!! 
__________________  CS:S admin. PM DennyCrane for assistance.  Well, everybody knows that the bird is the word |
07-16-2008, 10:27 AM
|  | OMFG!!!! | | Join Date: Apr 2004 Location: some western town
Posts: 20,946
| | you can't drill your way out of... no oil.....wait....if we drill that means MORE oil..so we CAN drill our way out of it.
nevermind.
__________________  Admin - sR Source servers . |
07-16-2008, 03:35 PM
| | Ooma-mow-mow, papa-ooma-mow-mow | | Join Date: Apr 2006 Location: The arctic North Coast
Posts: 23,276
| | Things Not Making The News:
Oil down $13 a barrel in 2 days Bloomberg.com: Energy Prices
__________________ CS:S admin. PM DennyCrane for assistance. Well, everybody knows that the bird is the word |
07-16-2008, 03:38 PM
| | OMFG!!!! | | Join Date: Apr 2004 Location: some western town
Posts: 20,946
| | also not reported
"partially in response to Bush's executive order, and an increase in supply..."
seems like supply and demand has a really neat-O effect on things.
__________________ Admin - sR Source servers . |
07-16-2008, 03:45 PM
| | Ooma-mow-mow, papa-ooma-mow-mow | | Join Date: Apr 2006 Location: The arctic North Coast
Posts: 23,276
| | | They're predicting oil below $90/barrel by January... but again, not supply and demand, simply the world responding to Bush and his Big Oil friends leaving office.
__________________ CS:S admin. PM DennyCrane for assistance. Well, everybody knows that the bird is the word |
07-16-2008, 03:48 PM
| | OMFG!!!! | | Join Date: Apr 2004 Location: some western town
Posts: 20,946
| | Quote:
Originally Posted by DennyCrane  | who is predicting that?
rofl
__________________ Admin - sR Source servers . |
07-16-2008, 03:53 PM
| | Ooma-mow-mow, papa-ooma-mow-mow | | Join Date: Apr 2006 Location: The arctic North Coast
Posts: 23,276
| | | Some "expert" on Bloomberg.com And I'll be damned if I can find it right now.
__________________ CS:S admin. PM DennyCrane for assistance. Well, everybody knows that the bird is the word |
07-16-2008, 03:56 PM
| | OMFG!!!! | | Join Date: Apr 2004 Location: some western town
Posts: 20,946
| | Quote:
Originally Posted by DennyCrane | i'll be surprised if it drops below $120. Maybe in the teens, but that's about it.
__________________ Admin - sR Source servers . |
07-16-2008, 04:03 PM
| | Ooma-mow-mow, papa-ooma-mow-mow | | Join Date: Apr 2006 Location: The arctic North Coast
Posts: 23,276
| | | It could happen, but it requires a high supply, reducing demand, an increase in the value of the U.S. dollar, and a lil' more confidence in the stability of the mideast, South America, and Nigeria. IF all those factors fall into line, we could see oil at half the current parket price. Pretty much all the oil producing nations say $70 a barrel is the real value.
__________________ CS:S admin. PM DennyCrane for assistance. Well, everybody knows that the bird is the word |
07-16-2008, 04:13 PM
| | OMFG!!!! | | Join Date: Apr 2004 Location: some western town
Posts: 20,946
| | | i agree it's high, but the issues with Iran and Venezuela, the 30% yearly increase in usage from China and India, and the value of dollar unlikely to increase significantly, I'd say, puts it at $120.
__________________ Admin - sR Source servers . |  | |
| Tags | barack obama, elections, hillary clinton, jimmy carter, john mccain, political, politics, ron paul, united states, vote, you are a pirate!  |
|
