zuke519
Rookie Author
Georgia
Posts:41
Points:9,145
Joined:Apr 2008
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Message Posted:
5/12/2008 1:54:58 PM
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Nope - $150 is definitely just around the corner.
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POLELANE
All-Star Author
Ohio
Posts:572
Points:51,225
Joined:Mar 2008
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Message Posted:
5/12/2008 12:16:39 PM
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wish i knew
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EasyMPG
Champion Author
Ontario
Posts:8,597
Points:1,079,555
Joined:Jun 2004
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Message Posted:
5/12/2008 11:25:06 AM
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Well the inflationary backlash against the US greenback is not done yet. The greenback's supply has increased 1500% since the 1970's, so there is still plenty of room for the greenback to continue to fall in value.
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Gas_Buzzer
Champion Author
South Carolina
Posts:5,409
Points:920,440
Joined:Sep 2005
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Message Posted:
5/12/2008 11:12:23 AM
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Most likely.
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uksqueeze
All-Star Author
San Jose
Posts:524
Points:651,450
Joined:May 2004
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Message Posted:
5/12/2008 11:01:26 AM
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Is $100 far behind?
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jvt666
All-Star Author
California
Posts:714
Points:273,660
Joined:Apr 2006
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Message Posted:
5/12/2008 10:52:46 AM
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It's always some reason...
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AlaRedNeck
Sophomore Author
Kansas
Posts:190
Points:24,735
Joined:Apr 2008
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Message Posted:
5/12/2008 10:46:10 AM
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$150 or MORE by mid summer...
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nyacoub1
Sophomore Author
Chicago
Posts:189
Points:24,580
Joined:May 2007
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Message Posted:
5/12/2008 10:43:47 AM
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$150 by middle of summer.
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bowler48226
Veteran Author
Detroit
Posts:437
Points:175,600
Joined:Sep 2007
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Message Posted:
5/12/2008 10:43:36 AM
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Old news.
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ramshot412
Champion Author
Riverside
Posts:10,529
Points:1,058,705
Joined:Apr 2004
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Message Posted:
5/12/2008 10:42:23 AM
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Up, up, and away.
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TBoneSoCA
Sophomore Author
Orange County
Posts:145
Points:41,250
Joined:May 2007
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Message Posted:
5/12/2008 10:42:20 AM
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.. and this is the same oil that sold for less than $70 a barrel a year ago
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luv2sleep
All-Star Author
Riverside
Posts:862
Points:57,465
Joined:Mar 2008
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Message Posted:
5/12/2008 10:37:44 AM
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BOHICA - Bend Over Here It Comes Again - Another price hike.
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Scion08Xb
Rookie Author
Arkansas
Posts:39
Points:9,580
Joined:May 2008
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Message Posted:
5/12/2008 10:33:53 AM
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it needs to go down by $70.00 a barrel
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socalusra
Veteran Author
California
Posts:319
Points:1,524,610
Joined:Aug 2003
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Message Posted:
5/12/2008 10:33:31 AM
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wait till DEC
[Edited by: socalusra at 5/12/2008 11:33:43 AM EST]
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rogerparry
Veteran Author
Florida
Posts:407
Points:106,805
Joined:Jan 2008
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Message Posted:
5/12/2008 10:32:46 AM
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The media will find more "bad news" stories to print so the prices keep climbing.
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easybuddy
Rookie Author
Illinois
Posts:44
Points:113,035
Joined:May 2006
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Message Posted:
5/12/2008 10:28:02 AM
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i thought bigger is better
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Panama Red
Champion Author
San Diego
Posts:1,543
Points:762,565
Joined:Jun 2004
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Message Posted:
5/12/2008 10:26:46 AM
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No
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93probeguy
All-Star Author
Little Rock
Posts:623
Points:145,010
Joined:Jan 2006
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Message Posted:
5/12/2008 10:25:26 AM
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i'm hoping to hear something good from them today, as for every day
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NavyEOD
Champion Author
Los Angeles
Posts:1,029
Points:246,630
Joined:Jul 2007
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Message Posted:
5/12/2008 10:24:57 AM
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I hope not. Not holding my breath though.
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iluna
Sophomore Author
Colorado Springs
Posts:100
Points:37,190
Joined:Jun 2007
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Message Posted:
5/12/2008 10:23:58 AM
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These greedy SOB's (speculators, politicians, etc.) are killing their golden goose. Pretty soon everything will come to a standstill and then what will they do to get more money??
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Zinnoil
Champion Author
Illinois
Posts:10,734
Points:1,329,000
Joined:May 2004
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Message Posted:
5/12/2008 10:22:50 AM
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Goldman Sachs said $150-200.
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weenerdog
All-Star Author
Detroit
Posts:576
Points:117,510
Joined:Jan 2008
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Message Posted:
5/12/2008 10:22:31 AM
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I read this same article in the detroit news Sunday paper
They are just preparing us for the $200 a barrel
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FuelGrinch
Sophomore Author
Kansas
Posts:108
Points:44,890
Joined:Aug 2005
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Message Posted:
5/12/2008 10:20:07 AM
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I say $200 before the summer is over.
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srtdc
Rookie Author
Lincoln
Posts:62
Points:13,320
Joined:Apr 2008
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Message Posted:
5/12/2008 10:17:49 AM
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Within a week
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44Irish
Veteran Author
Ontario
Posts:331
Points:114,850
Joined:Mar 2007
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Message Posted:
5/12/2008 10:17:22 AM
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Really old news.
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CyanSquirrel
Veteran Author
Virginia
Posts:257
Points:48,480
Joined:Jun 2004
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Message Posted:
5/12/2008 10:16:32 AM
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Old news :-( Where's some fresh?
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kruk
Veteran Author
London
Posts:281
Points:129,010
Joined:Jan 2007
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Message Posted:
5/12/2008 10:15:37 AM
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and seems that Big3 are ignoring and produce trucks and cars with big and inefficient engines.
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joelimite
Rookie Author
Virginia
Posts:94
Points:30,605
Joined:Jan 2008
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Message Posted:
5/12/2008 10:15:28 AM
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You said it TEXJOHN.
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TEXJOHN
Sophomore Author
Dallas
Posts:181
Points:21,690
Joined:Mar 2008
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Message Posted:
5/12/2008 10:12:01 AM
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No. $150 not too far behind. $150 is ten times closer than $100 so it seems.
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bbthegun
Veteran Author
San Diego
Posts:291
Points:297,660
Joined:Sep 2006
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Message Posted:
5/12/2008 10:10:04 AM
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Well, the speculators who invested in oil as a hedge against the dollar and doing all they can to drive the price higher for their clients to make sure they don't lose their investment. The demand and global conditions simply do not support this high price and it will fall and hopefully soon...
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deerchaser
Rookie Author
Lincoln
Posts:11
Points:438,545
Joined:Sep 2005
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Message Posted:
5/12/2008 10:07:44 AM
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Just wish I owned a couple of oil wells.
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bug27
Champion Author
Kentucky
Posts:1,047
Points:991,550
Joined:Apr 2005
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Message Posted:
5/12/2008 10:06:01 AM
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The quicker oil rises to $150 or higher, the quicker we will develop alternatives to make oil obsolete. Sweet!
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EarlyMoose
Champion Author
Seattle
Posts:1,080
Points:540,050
Joined:Dec 2005
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Message Posted:
5/12/2008 10:03:39 AM
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It depends on the speculators.
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Gerund1
Veteran Author
Toronto
Posts:417
Points:737,615
Joined:Apr 2003
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Message Posted:
5/12/2008 10:01:49 AM
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Just keep on predicting and it will come.
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ts08
Rookie Author
New Jersey
Posts:81
Points:17,900
Joined:Apr 2008
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Message Posted:
5/12/2008 10:01:28 AM
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Why ask us the readers, if it will reach $150...the companies, media and speculators already know it will...so stop the madness...start writing about how to save on gas and other stories..stop torturing people...
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ned23
Champion Author
Columbus
Posts:2,703
Points:245,755
Joined:Dec 2003
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Message Posted:
5/12/2008 9:47:49 AM
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Unless they do something about the dollar, yes. If we can get 25 cents back on the dollar against the Euro, gas could drop by 50-60 cents /gal.
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vascojoe
Sophomore Author
Washington
Posts:238
Points:748,175
Joined:Aug 2005
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Message Posted:
5/12/2008 9:47:19 AM
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Law of supply and demand.
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Jennijen
Champion Author
Dayton
Posts:4,475
Points:854,595
Joined:Jun 2004
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Message Posted:
5/12/2008 9:46:59 AM
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Enough of this guessing if oil will go up even higher... it might as well read:
"$120 a barrel- is $1000 far behind?"
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CTDPower
Veteran Author
Virginia Beach
Posts:429
Points:166,285
Joined:May 2007
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Message Posted:
5/12/2008 9:46:47 AM
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Answer: soon
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LukeIN
All-Star Author
Indianapolis
Posts:844
Points:155,410
Joined:Nov 2007
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Message Posted:
5/12/2008 9:44:47 AM
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until something is done about the stock market speculators prices will continue to go up!
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NissanGirl
Rookie Author
Oregon
Posts:87
Points:54,465
Joined:Jan 2008
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Message Posted:
5/12/2008 9:44:15 AM
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Uncle! No more!
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rustyOR
Rookie Author
Oregon
Posts:39
Points:19,780
Joined:Apr 2008
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Message Posted:
5/12/2008 9:42:51 AM
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Greed is good.
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okietree
Veteran Author
Oklahoma City
Posts:313
Points:130,625
Joined:Oct 2005
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Message Posted:
5/12/2008 9:41:21 AM
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I"m sure the oil barrel prices will continue to go up. As long as the companies can get away with it and the demand is there..... keep on raising it. Somehow we have to lower the demand.
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spbob
Sophomore Author
Tampa
Posts:194
Points:43,370
Joined:Feb 2008
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Message Posted:
5/12/2008 9:39:53 AM
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It will go as high as the speculator's GREED will take it.
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SummitSkiBum
Rookie Author
Denver
Posts:16
Points:82,920
Joined:Sep 2006
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Message Posted:
5/12/2008 9:39:39 AM
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$150 is only a few months away, followed by $200 by the end of the year!!
MARK MY WORDS PEOPLE!!!
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esquared
All-Star Author
Oklahoma City
Posts:694
Points:489,150
Joined:Jan 2006
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Message Posted:
5/12/2008 9:39:19 AM
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Well, glazarides, it's the first time in US history that both the president and veep are oil men. Go figure.
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stevewwvu
Champion Author
West Virginia
Posts:1,196
Points:206,465
Joined:Mar 2007
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Message Posted:
5/12/2008 9:36:53 AM
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the lies will get u sthere
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glazarides
Rookie Author
Akron
Posts:91
Points:272,715
Joined:Jul 2006
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Message Posted:
5/12/2008 9:33:24 AM
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I think it will, I think G.W. is giving us the stimulus checks to pay for that, it's the only way G.W. could find to siphon money from the government to the oil companies.
Or am I just being paranoid.
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Somis1
Champion Author
Ventura
Posts:3,910
Points:890,320
Joined:Jul 2005
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Message Posted:
5/12/2008 9:32:53 AM
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We don't get much oil from Chavez, but an excuse is an excuse.....
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kingdick
Champion Author
Minnesota
Posts:16,446
Points:1,340,920
Joined:Aug 2004
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Message Posted:
5/12/2008 9:32:43 AM
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-----------------------------------
There are areas on the north slope that are open for lease outside of ANWR that no one is drilling, use those areas.
-----------------------------------
Jeb Bush's request to the Fed's extended the block on drilling on the offshore shelf around Florida, too close to home.
More power than the environmentalist have.
-----------------------------------
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