zuke519
Rookie Author
Georgia
Posts:45
Points:11,075
Joined:Apr 2008
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Message Posted:
5/12/2008 2:54:58 PM
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Nope - $150 is definitely just around the corner.
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POLELANE
Champion Author
Ohio
Posts:1,179
Points:115,500
Joined:Mar 2008
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Message Posted:
5/12/2008 1:16:39 PM
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wish i knew
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EasyMPG
Champion Author
Ontario
Posts:9,067
Points:1,140,630
Joined:Jun 2004
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Message Posted:
5/12/2008 12:25:06 PM
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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:5,768
Points:984,715
Joined:Sep 2005
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Message Posted:
5/12/2008 12:12:23 PM
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Most likely.
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uksqueeze
All-Star Author
San Jose
Posts:668
Points:707,045
Joined:May 2004
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Message Posted:
5/12/2008 12:01:26 PM
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Is $100 far behind?
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jvt666
Champion Author
California
Posts:1,023
Points:335,615
Joined:Apr 2006
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Message Posted:
5/12/2008 11:52:46 AM
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It's always some reason...
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AlaRedNeck
All-Star Author
Kansas
Posts:546
Points:89,250
Joined:Apr 2008
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Message Posted:
5/12/2008 11:46:10 AM
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$150 or MORE by mid summer...
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nyacoub1
Veteran Author
Chicago
Posts:359
Points:37,855
Joined:May 2007
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Message Posted:
5/12/2008 11:43:47 AM
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$150 by middle of summer.
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bowler48226
All-Star Author
Detroit
Posts:685
Points:221,870
Joined:Sep 2007
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Message Posted:
5/12/2008 11:43:36 AM
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Old news.
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ramshot412
Champion Author
Riverside
Posts:11,053
Points:1,109,825
Joined:Apr 2004
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Message Posted:
5/12/2008 11:42:23 AM
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Up, up, and away.
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TBoneSoCA
Veteran Author
Orange County
Posts:335
Points:64,725
Joined:May 2007
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Message Posted:
5/12/2008 11:42:20 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
Champion Author
Riverside
Posts:1,378
Points:103,280
Joined:Mar 2008
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Message Posted:
5/12/2008 11:37:44 AM
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BOHICA - Bend Over Here It Comes Again - Another price hike.
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Scion08Xb
Rookie Author
Arkansas
Posts:80
Points:52,975
Joined:May 2008
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Message Posted:
5/12/2008 11:33:53 AM
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it needs to go down by $70.00 a barrel
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socalusra
All-Star Author
California
Posts:649
Points:1,590,935
Joined:Aug 2003
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Message Posted:
5/12/2008 11:33:31 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
All-Star Author
Florida
Posts:729
Points:169,520
Joined:Jan 2008
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Message Posted:
5/12/2008 11:32:46 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:59
Points:152,610
Joined:May 2006
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Message Posted:
5/12/2008 11:28:02 AM
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i thought bigger is better
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Panama Red
Champion Author
San Diego
Posts:1,969
Points:825,040
Joined:Jun 2004
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Message Posted:
5/12/2008 11:26:46 AM
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No
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93probeguy
All-Star Author
Little Rock
Posts:766
Points:197,985
Joined:Jan 2006
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Message Posted:
5/12/2008 11:25:26 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:1,341
Points:308,730
Joined:Jul 2007
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Message Posted:
5/12/2008 11:24:57 AM
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I hope not. Not holding my breath though.
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iluna
Sophomore Author
Colorado Springs
Posts:236
Points:53,460
Joined:Jun 2007
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Message Posted:
5/12/2008 11:23:58 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:11,508
Points:1,393,070
Joined:May 2004
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Message Posted:
5/12/2008 11:22:50 AM
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Goldman Sachs said $150-200.
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weenerdog
All-Star Author
Detroit
Posts:949
Points:180,210
Joined:Jan 2008
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Message Posted:
5/12/2008 11:22:31 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:156
Points:47,500
Joined:Aug 2005
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Message Posted:
5/12/2008 11:20:07 AM
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I say $200 before the summer is over.
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srtdc
Sophomore Author
Lincoln
Posts:128
Points:20,645
Joined:Apr 2008
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Message Posted:
5/12/2008 11:17:49 AM
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Within a week
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44Irish
All-Star Author
Ontario
Posts:664
Points:179,125
Joined:Mar 2007
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Message Posted:
5/12/2008 11:17:22 AM
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Really old news.
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CyanSquirrel
Veteran Author
Virginia
Posts:478
Points:101,005
Joined:Jun 2004
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Message Posted:
5/12/2008 11:16:32 AM
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Old news :-( Where's some fresh?
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kruk
Veteran Author
London
Posts:387
Points:142,490
Joined:Jan 2007
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Message Posted:
5/12/2008 11:15:37 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
Sophomore Author
Virginia
Posts:201
Points:52,760
Joined:Jan 2008
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Message Posted:
5/12/2008 11:15:28 AM
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You said it TEXJOHN.
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TEXJOHN
Veteran Author
Dallas
Posts:429
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Joined:Mar 2008
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Message Posted:
5/12/2008 11:12:01 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
All-Star Author
San Diego
Posts:589
Points:355,565
Joined:Sep 2006
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Message Posted:
5/12/2008 11:10:04 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:53
Points:472,735
Joined:Sep 2005
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Message Posted:
5/12/2008 11:07:44 AM
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Just wish I owned a couple of oil wells.
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bug27
Champion Author
Kentucky
Posts:1,348
Points:1,051,700
Joined:Apr 2005
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Message Posted:
5/12/2008 11:06:01 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:1,354
Points:593,265
Joined:Dec 2005
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Message Posted:
5/12/2008 11:03:39 AM
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It depends on the speculators.
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Gerund1
All-Star Author
Toronto
Posts:661
Points:767,870
Joined:Apr 2003
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Message Posted:
5/12/2008 11:01:49 AM
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Just keep on predicting and it will come.
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ts08
Sophomore Author
New Jersey
Posts:169
Points:43,240
Joined:Apr 2008
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Message Posted:
5/12/2008 11:01:28 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:2,778
Points:249,045
Joined:Dec 2003
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Message Posted:
5/12/2008 10:47:49 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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Jennijen
Champion Author
Dayton
Posts:4,683
Points:895,220
Joined:Jun 2004
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Message Posted:
5/12/2008 10:46:59 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:488
Points:177,575
Joined:May 2007
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Message Posted:
5/12/2008 10:46:47 AM
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Answer: soon
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LukeIN
All-Star Author
Indianapolis
Posts:869
Points:165,735
Joined:Nov 2007
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Message Posted:
5/12/2008 10:44:47 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
Sophomore Author
Oregon
Posts:159
Points:92,780
Joined:Jan 2008
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Message Posted:
5/12/2008 10:44:15 AM
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Uncle! No more!
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rustyOR
Veteran Author
Oregon
Posts:362
Points:82,760
Joined:Apr 2008
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Message Posted:
5/12/2008 10:42:51 AM
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Greed is good.
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okietree
Veteran Author
Oklahoma City
Posts:380
Points:148,990
Joined:Oct 2005
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Message Posted:
5/12/2008 10:41:21 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:232
Points:84,130
Joined:Feb 2008
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Message Posted:
5/12/2008 10:39:53 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:83
Points:89,145
Joined:Sep 2006
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Message Posted:
5/12/2008 10:39:39 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:988
Points:546,700
Joined:Jan 2006
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Message Posted:
5/12/2008 10:39:19 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:1,212
Points:209,885
Joined:Mar 2007
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Message Posted:
5/12/2008 10:36:53 AM
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the lies will get u sthere
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glazarides
Veteran Author
Akron
Posts:282
Points:310,365
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Message Posted:
5/12/2008 10:33:24 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:4,253
Points:953,075
Joined:Jul 2005
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Message Posted:
5/12/2008 10:32:53 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:17,480
Points:1,405,195
Joined:Aug 2004
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Message Posted:
5/12/2008 10:32:43 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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seedyh
Rookie Author
California
Posts:1
Points:1,045
Joined:Oct 2007
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Message Posted:
5/12/2008 10:32:10 AM
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I'm loving my Prius more everyday! I drive 415+- a day at my courier job and it's costing me $29.50 to fill - up @ $3.89 a gal in California Northern and central valley. I expect $200 a barrel by 01-21-08 and from there who knows? As long as my employer keeps given me penny a mile every twenty five cents increase, I'm driving! Sure, sometimes 50mph but mostly 56 been known to drive 63mph!
Lets hope it'll settle down, but I think we're on a ' runaway' train with no hope of stoping without a crash.
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