Current Oil Price

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Erik
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Post by Erik »

RogerCO wrote:I have in the back of my mind that somewhere around $102.?? will be the all time inflation adjusted record price (beating the previous 1980something record).
I guess it is a moving target as inflation continues to devalue the current price, but we must be just about there. Anyone know the current figure?
Oil hits inflation-adjusted record high, yesterday according to the IEA.
U.S. oil surged to a new inflation-adjusted record high on Thursday, surpassing the previous record of $102.53 set in 1980, according to the International Energy Agency.
"If we don't change our direction, we are likely to wind up where we are headed" (Chinese Proverb)
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biffvernon
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Post by biffvernon »

Which box represents Tess's co-workers who shouted "Buy! buy!" at the news that Bacton was on fire?
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RenewableCandy
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Post by RenewableCandy »

List of Variables:

B - number of buyers
V - number of vendors
H - how hot it is in the USA in the summer
W - how cold it is in Vermont n the winter (alternative interpretation: Number of w***ers involved in the market)
Z - sleeping partners
X - the X factor
K - Potassium
A - Alarm condition
j, j-1 - the current, and previous, joints smoked by the traders
T - time for a brew...
Soyez réaliste. Demandez l'impossible.
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snow hope
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Post by snow hope »

More variables

F- Fickle
B - bigger bonuses required
S - stupid
G - Greedy
M - Materialistic
C - Champagne drunk
F - did I say FICKLE already?

Maybe better to say Feckers......... I have a deep hatred for the oil traders, market traders, in fact just about most people involved in the stock markets. Just in case anybody missed it, I THINK THE MARKETS ARE COMPLETELY FICKLE. :evil:
Real money is gold and silver
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RevdTess
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Post by RevdTess »

RenewableCandy wrote:Number of w***ers involved in the market)
snow hope wrote:I have a deep hatred for the oil traders, market traders
Thanks, love you too. I guess you've never bought or sold anything then?


:roll: :roll: :roll: :roll: :roll: :roll:
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oilslick
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Post by oilslick »

Tess wrote:
RenewableCandy wrote:Number of w***ers involved in the market)
snow hope wrote:I have a deep hatred for the oil traders, market traders
Thanks, love you too. I guess you've never bought or sold anything then?
:roll: :roll: :roll: :roll: :roll: :roll:
I'm sure you're different Tess :-)
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Adam1
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Post by Adam1 »

Some of our best friends are oil traders :)
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skeptik
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Post by skeptik »

oilslick wrote: I'm sure you're different Tess :-)
Ha! yes... beware simplistic groupthink. You get to realise even used car salespersons and estate agents aren't all that bad once you get to know a few.
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RenewableCandy
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Post by RenewableCandy »

I was assuming W << P where P = total number of people involved in the market...

Sorry if that wasn't obvious :(
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Andy Hunt
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Post by Andy Hunt »

It's OK, I think hippies are by and large a bunch of materialistic self-righteous head-in-the-sand tossers - and I am one myself.
Andy Hunt
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Eternal Sunshine wrote: I wouldn't want to worry you with the truth. :roll:
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Miss Madam
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Post by Miss Madam »

Haha Andy - me too. Bunch of dog on string feckers bleating on about the woes of the world. <looks into mirror> bugger... I want to get a tshirt printed with 'Never trust a hippy' on the front...
Shin: device for finding furniture in the dark
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Andy Hunt
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Post by Andy Hunt »

Miss Madam wrote:Haha Andy - me too. Bunch of dog on string feckers bleating on about the woes of the world. <looks into mirror> bugger... I want to get a tshirt printed with 'Never trust a hippy' on the front...
:lol: hehe . . . count me in for one!

It should be done in tie-dye though . . . :wink:
Andy Hunt
http://greencottage.burysolarclub.net
Eternal Sunshine wrote: I wouldn't want to worry you with the truth. :roll:
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SunnyJim
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Post by SunnyJim »

Vortex wrote:This simple chart shows you how the oil price fluctuates as a reaction to global events. Easy peasy.
Image
Except that model uses binary logic, rather than fuzzy logic. :wink:
Jim

For every complex problem, there is a simple answer, and it's wrong.

"Heaven and earth are ruthless, and treat the myriad creatures as straw dogs" (Lao Tzu V.i).
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RogerCO
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Post by RogerCO »

SunnyJim wrote:Except that model uses binary logic, rather than fuzzy logic. :wink:
This one fuzzy 'nuff for you?
Image
RogerCO
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The time for politics is past - now is the time for action.
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RevdTess
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Post by RevdTess »

New high of $103.95 today if any of you hippy losers are interested 8)

I'm doing my bit to force down oil demand...

Diesel prices are skyrocketing today as well. Everyone loves diesel it seems.
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