opec?

[twiztid1981]

ok i was looking at opecs website affter hearin about oil hiting 122.00 now i may of misread this but but heres a qute "Oil prices rallied to fresh highs this morning, after an analyst at Goldman Sachs warned that prices could rise to $200 a barrel within two years."


ok so because an ivestment firm speculated that the price could hit 200 bucks in two year the cost spiked to 122.00 ok so if speculation has this much of affect on the cost increase maybe it could work for a cost decress..... now heres my proposel we as an "organaztion" should hold a press confrennce an state that we predict in the next two years the cost of crude oil will drop to to 50 dollers a barrel based on the fact that the rich have gotten rich enogh.....now i know this sounds simple, an you know what its so simple it just might work .....

[red73psd]

im in.... sign me up

[nsrchofpwr]

i am in!!!!!!!!!!!!!!!!!!!

[sldghamr]

i have noticed that this whole price per barrel increase is just a load of shiite. when it's reported that the price per is gonna go up, that is basicly giving permission to the Oil companies to increase pricing.

i want some news company to report that the "Oil Bubble" is about to burst and therefore the price is gonna drop to $3 per barrel.

[choctaw]

Fuel prices may start to come down due to 13 new refineries going on line in other countries (not USA, thanks treehuggers). As I understand oil supply is fine refining is the issue, gasoline will be under $3.00 by end of year. Heard from pretty reliable source, but you know how rumors get started.

[bigcountrysg]

Price of oil is controlled by which one of the big oil companies wins during the nightly poker tournament that night held by the three big oil companies.

[AJF]

Originally Posted by bigcountrysg

Price of oil is controlled by which one of the big oil companies wins during the nightly poker tournament that night held by the three big oil companies.

I knew it worked something like that, thought it was blackjack though lol

[bigcountrysg]

Originally Posted by AJF

I knew it worked something like that, thought it was blackjack though lol

It is simple the loser has to jack up the oil price to cover its losses from the previous night.

[choctaw]

I feel the govt., EPA have more to do with the prices than we really think. Remember this is not a total free market society as they want us to believe. And by the way I am NOT a conspiracy theorist.

[HVAC SuperTech]

Yeah, and then the loser also has to bend over and take a fuel nozzle up his azz. He spikes the fuel cost to help offset his surgeons removal of the nozzle!!