we had something

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Massive Quasars
Posts: 8696
Joined: Fri Dec 15, 2000 8:00 am

we had something

Post by Massive Quasars »

had a good thread there, could see it

I lay the blame on tory partisans.
Big Kahuna Burger
Posts: 2458
Joined: Sat Jul 09, 2005 6:56 pm

Re: we had something

Post by Big Kahuna Burger »

oil at $100 a barrel. glad i bought that shotgun...
Ryoki
Posts: 13460
Joined: Wed Aug 01, 2001 7:00 am

Re: we had something

Post by Ryoki »

Really, oil is finally $100? Damn.
[size=85][color=#0080BF]io chiamo pinguini![/color][/size]
Doombrain
Posts: 23227
Joined: Sat Aug 12, 2000 7:00 am

Re: we had something

Post by Doombrain »

Ryoki wrote:Really, oil is finally $100? Damn.
don't you read the news?
nay0k
Posts: 249
Joined: Wed May 17, 2006 4:13 am

Re: we had something

Post by nay0k »

Not that surprising that it went up, since it's winter and all...
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seremtan
Posts: 36013
Joined: Wed Nov 19, 2003 8:00 am

Re: we had something

Post by seremtan »

Sir Bill Gammell is the chief executive of Cairn Energy. He's a former Scottish rugby international who went to school with Tony Blair and knew George Bush when he was just a young Texas oil man with a famous father.

Sir Bill's company was exploring for oil through the lean years of the 90s when the price of a barrel of crude was hovering around $20 a barrel.

Today the price is close to $60, and Sir Bill thinks it may go higher because supplies can barely keep pace with demand.

"I think we might see $100 oil in the next five years" says Sir Bill. "We won't see $20 again."

- Wednesday, 15 February 2006
http://news.bbc.co.uk/1/hi/business/4713186.stm

quite a few people were predicting this, but at a glance it looks like none predicted the price rise would be so fast (in this guy's case a 66% increase inside two years)
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