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Light Crude Oil

Discussion in 'Money & Finance Forum' started by Wp28, Oct 10, 2008.

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  1. Oct 24, 2008 at 3:35 PM #31
    vpkozel

    vpkozel Professional Calvinballer

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    Actually He does. He thinks you have no idea what you're talking about too.
     
  2. Oct 24, 2008 at 3:37 PM #32
    chipshotx

    chipshotx Full Access Member

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    But it went down. The high price of coupled with a bad economy caused the demand to go down. It's a fact.
     
    Last edited: Oct 24, 2008
  3. Oct 24, 2008 at 4:42 PM #33
    tharan000

    tharan000 Full Access Member

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    Ok OK, you guys give me a hard time for blaming Bush for everything, so I won't blame Bush.

    :lijstje:
     
  4. Oct 24, 2008 at 5:02 PM #34
    reb

    reb 1riot1reb

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    Oil went up one day because a Somali pirate fired an RPG at a tanker. It goes on and on. Hedge funds, pension funds, people manipulating futures who will never accept delivery of a barrel of oil. You keep ignoring it and I'll keep telling you, I don't care.
     
  5. Oct 25, 2008 at 3:30 PM #35
    reb

    reb 1riot1reb

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    It's ALLLLLLLLLL about supply and demand nothing else. :handjob:
     

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  6. Oct 25, 2008 at 3:37 PM #36
    reb

    reb 1riot1reb

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    I can keep going if you want. There seems to be a bunch of people as stupid as me but smarter than you that think like I do.
     

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  7. Nov 11, 2008 at 11:14 AM #37
    Wp28

    Wp28 I had that dream again...

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    Under $60.00 right now, $2.07 at the pump today down from a high of $3.99
     
  8. Nov 11, 2008 at 11:34 AM #38
    chipshotx

    chipshotx Full Access Member

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    Thanks for the 6 month old article. Did this form of speculation go away? They had hearings on this, did nothing, and prices dropped dramatically regardless. That's not doing much to support your argument. Especially considering that the demand did drop.
     
  9. Nov 12, 2008 at 4:58 PM #39
    meatpile

    meatpile 7-9

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    I'm calling $25 by spring.
     
  10. Nov 12, 2008 at 5:20 PM #40
    reb

    reb 1riot1reb

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    "It's all about consumption". :lol2:


    So oil is down over 40% from it's high. I guess that means that the people of the world are only using half the oil products they were using and there are no New users.
    What was oil when Clinton took office, $28. per barrel. What blows my mind is the Oil countries have in just two years of screaming oil prices have now got to have $70 a barrel to cover their nut. Give me a break. :rolleyes:
    :Reagan-hittin-head-
     
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