Relax guys I think oil has peaked for this year
http://futures.tradingcharts.com/mar...php3?market=CL
While this is not written in stone I am not seeing the spike for future contracts.I still say we could trade above 100 a barrel probably in May but I think thats about it. Just hope nobody brings this thread back in September and makes me look like an azz. |
Originally Posted by Expensive Date
(Post 3307547)
http://futures.tradingcharts.com/mar...php3?market=CL
While this is not written in stone I am not seeing the spike for future contracts.I still say we could trade above 100 a barrel probably in May but I think thats about it. Just hope nobody brings this thread back in September and makes me look like an azz. |
Originally Posted by Wet-N-Wild
(Post 3307560)
That's not what they are saying around here at my work. They are saying $4.50 a gal by summer and $5 by the end of the year. Man I hope it is just talk
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I was watching some news talk show a few weeks ago that had an oil exec. on and he was saying that it won't hit $5.00 untill June of 2012 but will stay there and go above from that point on. But hey thats just TV, who knows for sure.
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Originally Posted by cosmic12
(Post 3307623)
I was watching some news talk show a few weeks ago that had an oil exec. on and he was saying that it won't hit $5.00 untill June of 2012 but will stay there and go above from that point on. But hey thats just TV, who knows for sure.
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This is what we should up in arms about. We all should write our congressman and demand the drill here now. What is wrong with this country, they drill a mile under the ocean
and buy the way we see they shouldn't, when we have oil we could get on land with a lot less chance of a disaster. I hope you can open this, you may have to copy and paste. http://.usgs.gov/newsroom/article.asp |
Sorry guys, here is the link
http://www.usgs.gov/newsroom/article.asp |
The link will not open from here, however you can type in your browser and open it, it is worth the read.
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http://www.cnbc.com/id/15839171
Ok timing was a little off,but I told you you would not see $150.00 oil this summer. The chart is live 10:16 PM 08/04/2011 West Texas crude $85.35 |
still paying for it @ the pump like its $150 a barrel tho...
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