[leareliovag]

Originally posted by DanS
After a pause, the slide resumes...

As stated before, I don't think there's much there to stop the fall.
AFAIK most experts disagree with you. They were predicting a low-50s basement.

[Hofonom]

No, just speculators getting out and moving on to the next big worry wort concern. The lower price limit will remain around $50 though since OPEC has repeatedly said they'll slash production if needed to maintain $50. The oil barrons have gotten used to getting 300%-400% more for their oil and now they want to do everything they can to prevent the price from returning to where it was.

[ambientambien]

This is bad news. Oil needs to rise again , $100 a barrell would be good..

[Efksqhyu]

No i work for Oil COmpany, my bonuses are reltaive to the profits we make

[Woziwfaq]

The whole idea of a good conspiracy is to remove any evidence that there is one , by allowing prices to fall a bit it dispels all theoryists again


But WE will get those prices back up !!

[halfstreet]

oh and buy lots of Solar panels too guys. The Oil compaies own most of the largest manufactures of them too...

[namaikaimvputka]

yes nothing worng with being an owner

[RichardHaads]

I'm glad i saw this thread, i was wondering if I should sell my Exxon stock which has gone up 25% since i bought it.

I think I'll take those profits now. (Don't worry it is in a Roth).

[pimbertiemoft]

And the bad news for me won't stop comming

[provigil]

What's the cost per BTU of wood pellet?

[Z3s9vQZj]

No, I was thinking it was time to topple Chavez and replace him with a civil war that devastates that oil industry Maybe after we can bomb Iran's oil facilities to uh... cut off funding to their nuclear program.

(And by "we" I really mean, the US, and by "should" I mean, such actions would benefit me, but I would publicly and outwardly criticise them.)

Sigh... I really, really regret not having been a war profiteer instead

[tilmprarnerit]

I've got some money in a mutual fund that generally benefits from high oil prices (offshore construction, oil companies, etc.), and its value has dropped with oil's. Mind you, I wasn't selling them until 2011-12 at the earliest.

[courlerwele]

Cool, I hope it stays low for move (CA to FL at 35MPG) and then jumps to $150 a barrel by 2008.

[xyupi]

another decade of political prostitution to Saudi Arabia