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:1,086
Points:104,675
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:8,982
Points:1,129,640
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:5,712
Points:973,890
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:656
Points:698,325
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
All-Star Author
California
Posts:973
Points:324,890
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
Veteran Author
Kansas
Posts:477
Points:77,350
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:339
Points:36,855
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:645
Points:214,945
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:10,964
Points:1,100,575
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:315
Points:60,975
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:1,347
Points:101,270
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:75
Points:44,800
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:589
Points:1,579,035
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:674
Points:158,695
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:144,635
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:1,897
Points:814,215
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:733
Points:188,725
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:1,291
Points:298,880
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:213
Points:52,250
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:11,355
Points:1,381,270
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:875
Points:169,385
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:609
Points:168,300
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:443
Points:92,455
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:367
Points:140,615
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:186
Points:48,985
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:347
Points:33,550
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:532
Points:344,740
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:44
Points:467,955
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:1,308
Points:1,043,800
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:1,348
Points:592,165
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:616
Points:762,245
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:164
Points:40,565
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:4,638
Points:886,345
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:154
Points:86,330
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:307
Points:71,935
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:372
Points:146,030
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:229
Points:74,645
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:44
Points:86,985
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:933
Points:535,775
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:1,207
Points:208,810
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:251
Points:303,665
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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:4,196
Points:942,420
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:17,351
Points:1,394,370
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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