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NYMEX Crude Oil (Light) ........................121.20 5.64 NYMEX NYH RBOB Gasoline (Globex) ...... 3.0421 .1318

Don’t worry, just a little bump - $70 is just around the corner. Short traders just keep making those margin calls, mortgage the house if you have to. Fortunes await you! PO is for pansies and doomers. At $70 short some more ..... it is going back to $22 .... the world is awash with oil ........ reality has nothing to do with it, its all in those charts!!!!!!!!!!

SELL SELL SELL

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Author Message
  Topic: Top 20 Oil Consuming Countries in the World (2007).
Smudger

Replies: 18
Views: 2649

PostForum: Peak Oil Discussion   Posted: Wed Aug 20, 2008 9:02 am   Subject: Re: Top 20 Oil Consuming Countries in the World (2007).
I would take brazil's per capita consumption if we offered that as a global max at 0.012 far better than the USA's 0.068
  Topic: Another Record ($147.27)
Smudger

Replies: 417
Views: 32128

PostForum: Current Events   Posted: Fri Jul 25, 2008 11:20 am   Subject: Re: Another Record ($147.27)
my sense is the unwind is becuase of the expected reduction oil demand. this is a good thing as it shows that people can reduce their useage fairly quickly. I believe however it is a temporary situati ...
  Topic: Oil Back up 5
Smudger

Replies: 16
Views: 1123

PostForum: Peak Oil Discussion   Posted: Fri Jul 11, 2008 8:39 am   Subject: Re: Oil Back up 5
The higher and the faster it rises, the harder it will crash.

?..... oh right standard investment bubble chit chat..is that true or just the higher it falls from the long-term median?........

b ...
  Topic: Record Ice Loss in Arctic 2008
Smudger

Replies: 254
Views: 17610

PostForum: Environment   Posted: Sun Jul 06, 2008 11:50 am   Subject: Re: Record Ice Loss in Arctic 2008
its just a photo chaps....

its i). interesting, ii). reminds us that saying no ice at the north pole rather than no ice in the arctic could get us glib responses; and iii). reminds us not to grab o ...
  Topic: IEA: World Oil Demand Will Continue Growing, Despite Prices
Smudger

Replies: 62
Views: 2384

PostForum: Current Events   Posted: Thu Jul 03, 2008 9:48 am   Subject: Re: IEA: World Oil Demand Will Continue Growing, Despite Pri
I think the report, as ever, does a on the one hand but on the other hand type review of the oil market. However I think the key thing is that it has directly flagged the lower production levels expec ...
  Topic: Another Record ($143.67)
Smudger

Replies: 2569
Views: 201636

PostForum: Current Events   Posted: Wed Jun 25, 2008 10:47 am   Subject: Re: Another Record ($139.89)
on a separate note the 2.3% reduction in US consumption is a great step forward. the good scenario for this year has to be continued demand reduction, increase in energy effifient cars/alternative tra ...
  Topic: Another Record ($143.67)
Smudger

Replies: 2569
Views: 201636

PostForum: Current Events   Posted: Wed Jun 25, 2008 10:42 am   Subject: Re: Another Record ($139.89)
the use thick walls as a thermally massive building works in regulating the temperature. the new modern twist is to reduce the airflow i.e. drafts but to do it without the mositure problem. the soluti ...
  Topic: Another Record ($143.67)
Smudger

Replies: 2569
Views: 201636

PostForum: Current Events   Posted: Tue Jun 24, 2008 5:10 pm   Subject: Re: Another Record ($139.89)
I am encouraged by the reported 20% drop in petrol use compared to last year as people in the UK switch to even more fuel efficient cars and reduce the number of miles driven. I am now investigating a ...
  Topic: Record Ice Loss in Arctic 2008
Smudger

Replies: 254
Views: 17610

PostForum: Environment   Posted: Tue Jun 24, 2008 7:40 am   Subject: Re: Record Ice Loss in Arctic 2008
I think your wrong. As I understand it, ice takes up more space than water, so the melting of the polar ice caps will actually cause sea levels to LOWER not rise.No, that's not correct. The floating ...
  Topic: The truth about Al Gore
Smudger

Replies: 26
Views: 1790

PostForum: Environment   Posted: Mon Jun 23, 2008 5:14 pm   Subject: Re: The truth about Al Gore
I think Al Gore via his book/film has made a great contribution to the climate change debate and should be respected for it. we are all hypocrites (let he cast the first stone and all that) but is he ...
  Topic: Will crude always be traded in US dollars?
Smudger

Replies: 4
Views: 388

PostForum: Peak Oil Discussion   Posted: Wed Jun 18, 2008 10:30 am   Subject: Re: Will crude always be traded in US dollars?
i think that sometime in the next twenty years the US dollar will cease to be a dominant currency and either the Euro/chinese curency will take over. Iran is already trying to trade in Euros.

I wo ...
  Topic: Another Record ($143.67)
Smudger

Replies: 2569
Views: 201636

PostForum: Current Events   Posted: Sat Jun 14, 2008 4:17 am   Subject: Re: Another Record ($139.16)
I really don't see how we are going to cope with $4 gas. If you look at what is happening in Europe, and look at the rise in food prices here, you gotta think its getting hard for a lot of people. O ...
  Topic: PeakOil.com on CNN!
Smudger

Replies: 77
Views: 4637

PostForum: Peak Oil Discussion   Posted: Fri Jun 06, 2008 9:33 am   Subject: Re: PeakOil.com on CNN!
They wanted to interview me, but the producer called me and said they were going with someone in NY as Sedona, Az was a bit off the CNN path.

they wanted to speak to me too but thought Blightie was ...
  Topic: Record ice loss in Arctic
Smudger

Replies: 871
Views: 88264

PostForum: Environment   Posted: Fri Jun 06, 2008 3:38 am   Subject: Re: Record ice loss in Arctic
I think we're in runaway global warming scenario and trying to fix it based on the little knowledge we have on the subject can turn out very ugly.

Imagine stopping the train at full-speed by derai ...
  Topic: new girl
Smudger

Replies: 57
Views: 3062

PostForum: Welcome   Posted: Tue Jun 03, 2008 6:26 pm   Subject: Re: new girl
Jenny
Welcome to this rather eclectic forum - the best of British!

as a tip I find a good hot cup of tea tends to solve most problems.

And don't worry about Cashmere he's just got difficult to ...
 
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