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Aldert
Tar Sands
Joined: May 18, 2004
Posts: 43
Location: europe
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 Posted: Tue Jun 01, 2004 9:24 am Post subject: CNN coverage effect terror on oilprice |
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I was watching CNN just minutes ago and they have big coverage of the effect of terror on oilprices. There seems to be a rising concern and fear that terrorists from AQ will try to disrupt the oilsupply and that it will bump the price of crude significantly.
Speaking of, oil just rose in market trading to over 42 dollars a barrel. A new record high.
Theres also news about oil in nigeria where people are demonstrating about there oil reserves that are being exported big time and not used for the own country. |
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Rasmus2
Tar Sands
Joined: May 31, 2004
Posts: 50
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| Posted: Tue Jun 01, 2004 9:28 am Post subject: |
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This could be good news....
If we reach an oil peak price, before an oil peak production, then sociaties will begin energy conservation, which will make the oil peak production last longer. It will also make alternatives more attractive to invest in now. |
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JLK
Heavy Crude
Joined: May 21, 2004
Posts: 198
Location: East Coast USA
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| Posted: Tue Jun 01, 2004 10:08 am Post subject: |
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| Rasmus2 wrote: | This could be good news....
If we reach an oil peak price, before an oil peak production, then sociaties will begin energy conservation, which will make the oil peak production last longer. It will also make alternatives more attractive to invest in now. |
It will also mean Bush's Texas oil buddies will pocket mucho dineros in added profit before the election.
_________________
www.searchingforthetruth.com
The truth that is suppressed by friends is the readiest weapon of the enemy.
- Robert Louis Stevenson |
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Rasmus2
Tar Sands
Joined: May 31, 2004
Posts: 50
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| Posted: Tue Jun 01, 2004 10:32 am Post subject: |
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Who cares about who makes what - we are talking about the survival of civilization as we know it.
High price now will make people invest in alternatives, and energy conservation will take off big time. |
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AA
Tar Sands
Joined: May 15, 2004
Posts: 46
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| Posted: Wed Jun 02, 2004 1:46 am Post subject: |
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| Jesus already $42.00, just yesterday I was reading on something like the new york times and they had experts saying FOR SURE we won't go back above 41.85 again. |
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