$200/ bbl by the end of the year?

[goodgig]

http://www.bloomberg.com/apps/news?pid=20601087&sid=ayQXcHVStlP8&refer=home

At least someone at Bloome uttered those words. Yuck.

 

[Sticky]

sweet. might be alittle chilly riding my bicycle to airport next winter though. Pray for global warming!

 

[IronCityBlue]

sweet. might be alittle chilly riding my bicycle to airport next winter though. Pray for global warming!

That misguided Arsenal fan in your avatar is welcome to ride her bike in the cold anytime! :nuts:

 

[MD80DRVR]

http://www.bloomberg.com/apps/news?pid=20601087&sid=ayQXcHVStlP8&refer=home

At least someone at Bloome uttered those words. Yuck.

Good! Maybe this country will finally wake up and start developing some serious alternatives to oil. Then we can tell OPEC to go "F" themselves. We can also pull completely out of the Middle East and let them all kill each other.

 

[CA1900]

Good! Maybe this country will finally wake up and start developing some serious alternatives to oil.

Until we get the oil executives out of the Executive branch, don't hold your breath...

 

[huronip]

sweet. might be alittle chilly riding my bicycle to airport next winter though. Pray for global warming!

Why would you need to go to the airport? All the airlines would be bankrupt.

 

[CA1900]

Why would you need to go to the airport?

To get to the FBO....

All the airlines would be bankrupt.

That's OK, you and I the taxpayers will simply bail them out again.

 

[Jonny Sacko]

Can we hang Prater first?

 

[eaglefly]

No gas at the FBO either.

$10 a gallon at the auto pump and long lines fighting for that at $200/barrel.

If oil ever got that high, nobody could afford it and OPEC would self destruct. Oil will go as high as the market will allow it. People here are still willing to pay $3.50-$4.00/gallon so why keep oil cheap.

I think it will remain at or below the psycological high of $5/gallon, so Crude will stay below $125/barrel. $100 in the winter and $125 in the summer.

 

[skydash]

No gas at the FBO either.

$10 a gallon at the auto pump and long lines fighting for that at $200/barrel.

If oil ever got that high, nobody could afford it and OPEC would self destruct. Oil will go as high as the market will allow it. People here are still willing to pay $3.50-$4.00/gallon so why keep oil cheap.

I think it will remain at or below the psycological high of $5/gallon, so Crude will stay below $125/barrel. $100 in the winter and $125 in the summer.

I agree. $200 level will only occur as a result of some major disruption/attack(such as the aborted "attack" by our old buddies in Iran a few days ago).If they sink a ship in the straits of Hormuz,that would be a problem.