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Peakoil.com :: View topic - Barrel price prediction: $92 by January 2006
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Barrel price prediction: $92 by January 2006
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www.oil-price.net predicts $92.50 by January 2006. What do yo predict?
70
17%
 17%  [ 18 ]
80
35%
 35%  [ 36 ]
90
10%
 10%  [ 11 ]
100
20%
 20%  [ 21 ]
110+
15%
 15%  [ 16 ]
Total Votes : 102

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8ball
Coal
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Joined: Aug 17, 2005
Posts: 2

PostPosted: Wed Aug 17, 2005 2:38 pm    Post subject: Barrel price prediction: $92 by January 2006 Add User to Ignore List Reply with quote

According to http://www.oil-price.net who provides live crude oil price and forecasts the future price, the barrel will cost $92.50 by Januarry 2006.
Given the last 5 year trend and current situation, this seems reasonable to me.
What is your prediction?
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NEOPO
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Joined: May 15, 2005
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PostPosted: Wed Aug 17, 2005 3:11 pm    Post subject: Re: Barrel price prediction: $92 by January 2006 Add User to Ignore List Reply with quote

ouch and this would = $4.00 per gallon approx. by my estimates.

If this transpires I will surely lose the rest of my mind, abandon my current plan and run off to live with dancing rabbit if they will accept me;-)
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deconstructionist
Heavy Crude
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Joined: Dec 25, 2004
Posts: 446
Location: Salem, MA

PostPosted: Wed Aug 17, 2005 3:23 pm    Post subject: Re: Barrel price prediction: $92 by January 2006 Add User to Ignore List Reply with quote

well it's down $3 per barrel today...
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gnm
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Joined: Jul 08, 2004
Posts: 2655
Location: plundering eco-villages

PostPosted: Wed Aug 17, 2005 3:25 pm    Post subject: Re: Barrel price prediction: $92 by January 2006 Add User to Ignore List Reply with quote

And a month ago everyone was amazed that it had gone up to the current level it has fallen back to... Remember? OMG $63.00
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evilmonkeyspanker
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Joined: Aug 11, 2005
Posts: 617
Location: Missouri

PostPosted: Wed Aug 17, 2005 3:35 pm    Post subject: Re: Barrel price prediction: $92 by January 2006 Add User to Ignore List Reply with quote

NEOPO wrote:
ouch and this would = $4.00 per gallon approx. by my estimates.

If this transpires I will surely lose the rest of my mind, abandon my current plan and run off to live with dancing rabbit if they will accept me;-)



LOL

Good luck finding a rabbit, people after losing thier job wil realize just how tasty rabbit meat is, and you will be lucky to find one to run off with
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aahala
Intermediate Crude
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Joined: Feb 03, 2005
Posts: 954

PostPosted: Wed Aug 17, 2005 3:37 pm    Post subject: Re: Barrel price prediction: $92 by January 2006 Add User to Ignore List Reply with quote

I'll say low 50's. Pure WAG.
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Cyrus
Intermediate Crude
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Joined: Jan 25, 2005
Posts: 617

PostPosted: Wed Aug 17, 2005 3:45 pm    Post subject: Re: Barrel price prediction: $92 by January 2006 Add User to Ignore List Reply with quote

Quote:
WAG.


Huh? What the hell does that mean?
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NEOPO
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PostPosted: Wed Aug 17, 2005 4:00 pm    Post subject: Re: Barrel price prediction: $92 by January 2006 Add User to Ignore List Reply with quote

DANCING RABBIT ECOVILLAGE

De - use words like "plunged" or "fallen" for greater effect and never forget yer "adjusted for inflation" Laughing

Cyrus - I want to assume he is refering to "wag the dog" as in "its all a buncha conspiracy BS" Surprised
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turmoil
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Joined: Aug 13, 2004
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Location: Richmond, VA, Pale Blue Dot

PostPosted: Wed Aug 17, 2005 4:02 pm    Post subject: Re: Barrel price prediction: $92 by January 2006 Add User to Ignore List Reply with quote

WAG = wild ass guess?
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kmann
Heavy Crude
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Joined: Jul 25, 2005
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PostPosted: Wed Aug 17, 2005 5:08 pm    Post subject: Re: Barrel price prediction: $92 by January 2006 Add User to Ignore List Reply with quote

aahala wrote:
I'll say low 50's. Pure WAG.


Sounds about right.
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MicroHydro
Light Sweet Crude
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Joined: Apr 10, 2005
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PostPosted: Wed Aug 17, 2005 5:17 pm    Post subject: Re: Barrel price prediction: $92 by January 2006 Add User to Ignore List Reply with quote

kmann wrote:
aahala wrote:
I'll say low 50's. Pure WAG.


Sounds about right.


Agree. If the 2004 pattern repeats, we could be at $52 in January 2006. That could rise to the 70s by summer 2006.
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SHiFTY
Heavy Crude
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Joined: Jun 27, 2005
Posts: 171

PostPosted: Wed Aug 17, 2005 5:19 pm    Post subject: Re: Barrel price prediction: $92 by January 2006 Add User to Ignore List Reply with quote

Really, nothing much is certain until Saudi starts declining. Then, the SHTF.

Until then, maybe 5, 10 years away, of oil all over the place.

Of course, if the US invades Iran, all bets are off...
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NEOPO
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PostPosted: Wed Aug 17, 2005 5:23 pm    Post subject: Re: Barrel price prediction: $92 by January 2006 Add User to Ignore List Reply with quote

or was that just stupid monkeys WAG? Smile

PAGING AAHALA - WHITE COURTESY PHONE PLEASE Very Happy

Ok why arent the powerhouse doomers attracted to Mike Lynch like insects to a flourescent light?
I feel like its me and a few against Mikes funky fresh fan base!!! Smile

"mr lynch please sign my book"
"mr lynch I want to have your baby"
"mr lynch tell us a bedtime story"

Doufus - "you dont know me - yer too old - let go - nobody listens to techno!!!" Cool
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NEOPO
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PostPosted: Wed Aug 17, 2005 6:00 pm    Post subject: Re: Barrel price prediction: $92 by January 2006 Add User to Ignore List Reply with quote

yep all these threads are fusing together now.....I feel the power........this is "THE QUICKENING"!!!! Cool
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oli
Heavy Crude
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Joined: Jun 20, 2005
Posts: 137
Location: Norway

PostPosted: Wed Aug 17, 2005 7:33 pm    Post subject: Re: Barrel price prediction: $92 by January 2006 Add User to Ignore List Reply with quote

Poll is suggestive and needs "Below 70$".
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