$70 Oil Competition #2? What's your guess?
Moderator: Peak Moderation
$70 Oil Competition #2? What's your guess?
On what day will the price of oil close at $70/barrel or higher
Contract is spot month NYMEX WTI future
Price basis is closing
http://stockcharts.com/gallery/?$WTIC
I'll start the ball rolling with May 19
Contract is spot month NYMEX WTI future
Price basis is closing
http://stockcharts.com/gallery/?$WTIC
I'll start the ball rolling with May 19
"If the complexity of our economies is impossible to sustain [with likely future oil supply], our best hope is to start to dismantle them before they collapse." George Monbiot
- mikepepler
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Put me down for 5th May.
Yes, and when does this year's hurricane season begin?
Yes, and when does this year's hurricane season begin?
Green, political and narrative songs - contemporary folk from an award-winning songwriter and performer. Now booking 2011. Talis Kimberley ~ www.talis.net ~ also Bandcamp, FB etc...
40 week moving average shows pretty steady $15 per 12 months rise since Jan'04 which would take the MA through $70 around Sept/Oct so in order to push it there we should break a $70 close on say Aug 12th
My bid - the glorious 12th August
but of course hostorical data is no indication of future performance...
My bid - the glorious 12th August
but of course hostorical data is no indication of future performance...
RogerCO
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The time for politics is past - now is the time for action.
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The time for politics is past - now is the time for action.