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Troyboy1208 Intermediate Crude


Joined: Apr 26, 2006 Posts: 513 Location: Orlando FL
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Posted: Sun Oct 14, 2007 10:38 am Post subject: Re: Another Record |
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| There is so much to worry about that its overwhelming. I was hoping most of this stuff wouldnt get bad till im an old man...I guess thats not the case. Unfortunately climate change and peak oil are going to define my life. |
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pstarr Expert


Joined: Sep 27, 2004 Posts: 7089 Location: Behind the Redwood Curtain
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Posted: Sun Oct 14, 2007 11:11 am Post subject: Re: Another Record |
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dohboi he was being sarcastic I believe. _________________
ree rah rip ram. sunofabitch godamn. hidey didey christ almighty. rah rah crap  |
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sirrom Heavy Crude


Joined: Feb 08, 2007 Posts: 197 Location: England
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Posted: Mon Oct 15, 2007 4:23 am Post subject: Re: Another Record |
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Light Sweet Crude Oil 05:00 am
$84.19 $0.28 0.333% 6085 (vl)
still going strong _________________ Did you hear?
An ice age is coming.
http://www.iceagenow.com/ |
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sirrom Heavy Crude


Joined: Feb 08, 2007 Posts: 197 Location: England
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Posted: Mon Oct 15, 2007 4:37 am Post subject: Re: Another Record |
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$84.33
_________________ Did you hear?
An ice age is coming.
http://www.iceagenow.com/ |
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lowem Light Sweet Crude


Joined: Jul 19, 2004 Posts: 1172 Location: Singapore
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Posted: Mon Oct 15, 2007 4:58 am Post subject: Re: Another Record |
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NYMEX crude oil is hitting new record highs every minute now.
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$84.40
$84.48
$84.63
$84.65
$84.79
$84.84
... _________________ Live quotes - crude oil, gold and currencies
http://www.post1.net/lowem/page/livequotes |
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lowem Light Sweet Crude


Joined: Jul 19, 2004 Posts: 1172 Location: Singapore
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lowem Light Sweet Crude


Joined: Jul 19, 2004 Posts: 1172 Location: Singapore
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lowem Light Sweet Crude


Joined: Jul 19, 2004 Posts: 1172 Location: Singapore
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Leanan News Editor


Joined: May 20, 2004 Posts: 4533
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Posted: Mon Oct 15, 2007 5:17 am Post subject: Re: Another Record |
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Okay, on Friday, they said:
| Quote: | | The cost of oil used by U.S. refiners averaged $37.48 a barrel in March 1981, according to the Energy Department, or $84.73 in today's dollars. |
So, does breaking $85 mean we finally have a new inflation-adjusted all-time high? _________________ "The problems of today will not be solved by the same thinking that produced the problems in the first place." - Albert Einstein |
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simontay78 Heavy Crude


Joined: May 01, 2006 Posts: 188 Location: SG
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dukey Fission


Joined: Feb 20, 2005 Posts: 2027
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Posted: Mon Oct 15, 2007 5:27 am Post subject: Re: Another Record |
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Nymex Crude Future 84.88
record ? |
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lowem Light Sweet Crude


Joined: Jul 19, 2004 Posts: 1172 Location: Singapore
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Posted: Mon Oct 15, 2007 5:40 am Post subject: Re: Another Record |
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| Leanan wrote: | Okay, on Friday, they said:
| Quote: | | The cost of oil used by U.S. refiners averaged $37.48 a barrel in March 1981, according to the Energy Department, or $84.73 in today's dollars. |
So, does breaking $85 mean we finally have a new inflation-adjusted all-time high? |
Probably. But it's also as likely that they will now start to claim that it was $90 in today's dollars. In fact, I've come across the $90 figure before - way before.
Reminds me of an old accountant joke, only now it goes like this :
Q : What was the price of oil in March 1981 in today's dollars?
A : What do you want it to be? _________________ Live quotes - crude oil, gold and currencies
http://www.post1.net/lowem/page/livequotes |
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julianj Intermediate Crude

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Joined: Sep 30, 2004 Posts: 975 Location: On one of the blades of the fan
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Posted: Mon Oct 15, 2007 6:43 am Post subject: Re: Another Record |
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Today on the BBC it said oil had hit $85 (didn't say which marker).
The reason was - hold on to your britches - "Tensions in the Middle East".
They never tire of that one, do they? |
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julianj Intermediate Crude

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Joined: Sep 30, 2004 Posts: 975 Location: On one of the blades of the fan
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Posted: Mon Oct 15, 2007 6:45 am Post subject: Re: Another Record |
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| Whoops, pipped at the post! And hello to Lowem - not seen you around for a while (mind you, I'm not here as much as I used to be). |
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Leanan News Editor


Joined: May 20, 2004 Posts: 4533
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Posted: Mon Oct 15, 2007 7:42 am Post subject: Re: Another Record |
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Turkey shelled a Kurdish town in Iraq last night. I think it was a reminder that even if Iraq is divided into three separate countries, it won't reduce the violence. _________________ "The problems of today will not be solved by the same thinking that produced the problems in the first place." - Albert Einstein |
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