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we had something

Posted: Thu Jan 03, 2008 5:09 am
by Massive Quasars
had a good thread there, could see it

I lay the blame on tory partisans.

Re: we had something

Posted: Thu Jan 03, 2008 7:33 am
by Big Kahuna Burger
oil at $100 a barrel. glad i bought that shotgun...

Re: we had something

Posted: Thu Jan 03, 2008 9:13 am
by Ryoki
Really, oil is finally $100? Damn.

Re: we had something

Posted: Thu Jan 03, 2008 5:20 pm
by Doombrain
Ryoki wrote:Really, oil is finally $100? Damn.
don't you read the news?

Re: we had something

Posted: Thu Jan 03, 2008 8:35 pm
by nay0k
Not that surprising that it went up, since it's winter and all...

Re: we had something

Posted: Thu Jan 03, 2008 10:13 pm
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)