Relax guys I think oil has peaked for this year
#1
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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.
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.
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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.
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.
#3
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Don't see it the futures but if they are so sure buy the call options for June,July they will pay for there fuel for years.
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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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Well I guess all we can do is set back and see what happens. If I hear anything at work I'll be sure to share it
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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
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
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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
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