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DoomWarrior
Intermediate Crude
Joined: May 06, 2008
Posts: 502
Location: Omicron Ceti 3
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 Posted: Fri Jul 11, 2008 3:57 am Post subject: Re: Another Record ($145.85) |
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| lowem wrote: | ... would it help if we start shouting: $150 !!! $150 !!! $150 !!! ...  |
$145 ...... Holy F#ck Batman! |
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lowem
Light Sweet Crude
Joined: Jul 19, 2004
Posts: 1326
Location: Singapore
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| Posted: Fri Jul 11, 2008 3:58 am Post subject: Re: Another Record ($145.85) |
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Yep.
Welcome back to $145 oil.
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Cyrus
Intermediate Crude
Joined: Jan 25, 2005
Posts: 630
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| Posted: Fri Jul 11, 2008 4:22 am Post subject: Re: Another Record ($145.85) |
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| $145.26 at 5:20 AM CT. |
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kilik
Tar Sands
Joined: Dec 13, 2007
Posts: 22
Location: Norway
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| Posted: Fri Jul 11, 2008 4:43 am Post subject: Re: Another Record ($145.85) |
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| $145.65. Just a few cents from a new record... |
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idiom
Intermediate Crude
Joined: Aug 23, 2004
Posts: 612
Location: New Zealand
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| Posted: Fri Jul 11, 2008 4:47 am Post subject: Re: Another Record ($145.85) |
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Do you guys have Oil parties where everyone get together on a friday night (NZ Time) to gather around CNBC and watch the Oil go and the Anchors freak out?
Its my favourite night of the week. |
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killJOY
Fission
Joined: Feb 21, 2005
Posts: 2514
Location: ^NNE^
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| Posted: Fri Jul 11, 2008 4:50 am Post subject: Re: Another Record ($145.85) |
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This is killJOY's photostream of our wild ride to Doomsdale.
Happy New Year!
And up it goes.
You mean there's more???
Somebody make it stop!
This is getting old.
150, here we come.
Ah, the virtues of being OCD.
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"By the time individuals discover that remaining resources will not be adequate for the next generation, the next generation has already been born. " David Price |
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lowem
Light Sweet Crude
Joined: Jul 19, 2004
Posts: 1326
Location: Singapore
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| Posted: Fri Jul 11, 2008 5:03 am Post subject: Re: Another Record ($145.85) |
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I think we have a new record ...
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DantesPeak
Expert
Joined: Oct 23, 2004
Posts: 5928
Location: New Jersey
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| Posted: Fri Jul 11, 2008 5:32 am Post subject: Re: Another Record ($145.85) |
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My original prediction for 2008 was a high of $146, about the price now.
Based upon the likely collpase of the two main mortgage companies in the US, Fannie and Freddie, and the subsequent fiscal and monetary fallout, there is no longer any practical limit to just how high the price can go.
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It's already over, now it's just a matter of adjusting. |
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lowem
Light Sweet Crude
Joined: Jul 19, 2004
Posts: 1326
Location: Singapore
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Dan1195
Heavy Crude
Joined: Mar 19, 2005
Posts: 278
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| Posted: Fri Jul 11, 2008 6:40 am Post subject: Re: Another Record ($145.85) |
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Just broke $146.00. RBOB 3.60
$146.87.. |
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smallpoxgirl
Moderator
Joined: Nov 08, 2004
Posts: 6812
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| Posted: Fri Jul 11, 2008 6:43 am Post subject: Re: Another Record ($145.85) |
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Today could be the day we break 150.
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"We were standing on the edges
Of a thousand burning bridges
Sifting through the ashes every day
What we thought would never end
Now is nothing more than a memory
The way things were before
I lost my way" - OCMS |
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lowem
Light Sweet Crude
Joined: Jul 19, 2004
Posts: 1326
Location: Singapore
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| Posted: Fri Jul 11, 2008 7:34 am Post subject: Re: Another Record ($146.90) |
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Yeow, we just broke $147 !!!
$147.10
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TonisD
Heavy Crude
Joined: Jun 12, 2007
Posts: 170
Location: Estonia
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| Posted: Fri Jul 11, 2008 7:34 am Post subject: Re: Another Record ($146.90) |
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| 147.28 |
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mcgowanjm
Tar Sands
Joined: May 23, 2008
Posts: 63
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| Posted: Fri Jul 11, 2008 7:59 am Post subject: Re: Another Record ($145.85) |
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| DantesPeak wrote: | | My original prediction for 2008 was a high of $146, about the price now. Based upon the likely collpase of the two main mortgage companies in the US, Fannie and Freddie, and the subsequent fiscal and monetary fallout, there is no longer any practical limit to just how high the price can go. |
Politely, respectfully disagree.
Oil only has to go high enough to separate americans from their oil. $167 should do it.
and stay there. which will be the key. IMHO. |
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emersonbiggins
Moderator
Joined: Jul 10, 2005
Posts: 5223
Location: Dallas
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| Posted: Fri Jul 11, 2008 8:07 am Post subject: Re: Another Record ($147.27) |
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I love waking up to spikes in oil. The fear is almost... palpable.
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"It's called the American Dream because you'd have to be asleep to believe it."
George Carlin |
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