Current Oil Price

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RenewableCandy
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Post by RenewableCandy »

Sally wrote:
RenewableCandy wrote:"Ten to the minus three hunderd and twelve, and counting" :D
Now RC, I'm told that most of us on here are a bit slow and perhaps it's true, but I'm not sure I catch your drift!

(Perhaps it's the red wine clouding my thoughts.... at least if your comment later appears to be obvious, then that is what I'll blame..... )
Sorry, it's the Infinite Improbability Drive scene from HitchHiker, the bit where he's on a beach (with the land lapping at the sea) and the voice recounting the probabilities getting more and more unlikely.

I have this theory that everyone has their own innate improbability level: for example I find most of my life is led at a probability of about 1/300. There will be other more-remarkable people, and some on the other hand with boringly high probabilities, like 2/3. Yup I've been at the red wine too

:D
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Post by kenneal - lagger »

?120+ on Monday?
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Keela
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Post by Keela »

RenewableCandy wrote:
Sally wrote:
RenewableCandy wrote:"Ten to the minus three hunderd and twelve, and counting" :D
Now RC, I'm told that most of us on here are a bit slow and perhaps it's true, but I'm not sure I catch your drift!

(Perhaps it's the red wine clouding my thoughts.... at least if your comment later appears to be obvious, then that is what I'll blame..... )
Sorry, it's the Infinite Improbability Drive scene from HitchHiker, the bit where he's on a beach (with the land lapping at the sea) and the voice recounting the probabilities getting more and more unlikely.

I have this theory that everyone has their own innate improbability level: for example I find most of my life is led at a probability of about 1/300. There will be other more-remarkable people, and some on the other hand with boringly high probabilities, like 2/3. Yup I've been at the red wine too

:D

Ah... I think I need to watch that again sometime.... I never did read the book :oops:
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biffvernon
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Post by biffvernon »

As ever, the book is much better than the film, which can only be edited highlights.

An intriguing philosophy, RC.
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mikepepler
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Post by mikepepler »

mikepepler wrote:
Tess wrote:
mikepepler wrote:I do get a bit excitable over it sometimes - oil usually only hits new records on days when I'm travelling and offline, so it makes a change to watch it happen live! :lol:
Could you tell me when you're about to travel next time? ...... :lol:
I'm out all day Friday, so look out for new highs then! :lol:
I did warn you all... :D
RevdTess
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Post by RevdTess »

biffvernon wrote:As ever, the book is much better than the film, which can only be edited highlights.

An intriguing philosophy, RC.
I've tried to read the book about 5 times over the years since it came out and every time I failed to get passed the first chapter. Such dull and weak humour - and I usually *love* scifi. On the other hand, I enjoyed the tv series and the movie, which HHGTTG people can't enjoy because they loved the book so much.

RC: I agree - interesting philosophy. I can see where you're going with that. I wonder how many people would see themselves as a 2/3 though, or even a 1/4. We all like to think of ourselves as fairly unique...
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RogerCO
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Post by RogerCO »

Sally wrote:Ah... I think I need to watch that again sometime.... I never did read the book :oops:
I strobgly recommend you don't watch it - try listening to it, (the original BBC radio series) the pictures are far superior. :D (with or without the red juice :wink: )
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Keela
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Post by Keela »

RogerCO wrote:
Sally wrote:Ah... I think I need to watch that again sometime.... I never did read the book :oops:
I strobgly recommend you don't watch it - try listening to it, (the original BBC radio series) the pictures are far superior. :D (with or without the red juice :wink: )
Know what you mean about the pictures. :) Films of books you read first don't always match up.... although to be honest Harry Potter came close!
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JohnB
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Post by JohnB »

RogerCO wrote:I strobgly recommend you don't watch it - try listening to it, (the original BBC radio series) the pictures are far superior. :D (with or without the red juice :wink: )
I didn't enjoy the radio series that much because I saw the TV series first. I've never read the book.
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adam2
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Post by adam2 »

$117-37 now !
Likely to reach $120 this week?
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RevdTess
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Post by RevdTess »

Everyone's pretty much assuming a 'target' of $120 will be 'achieved'. Current high on the ICE exchange is 117.40 for May WTI. It expires tomorrow - likely to go up into expiry I would have thought.
syberberg
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Post by syberberg »

Tess wrote:Everyone's pretty much assuming a 'target' of $120 will be 'achieved'. Current high on the ICE exchange is 117.40 for May WTI. It expires tomorrow - likely to go up into expiry I would have thought.
:shock: Ye gods and little fishes, this is starting to get a bit fast isn't it?
RevdTess
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Post by RevdTess »

117.58 current high. That's a rise of 81% since this time last year if anyone was wondering.
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SunnyJim
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Post by SunnyJim »

At that rate we can expect the following;

Year Price
2008 117.58
2009 212.8198
2010 385.203838
2011 697.2189468
2012 1261.966294
2013 2284.158992
2014 4134.327775
2015 7483.133272
2016 13544.47122
2017 24515.49291
2018 44373.04217
2019 80315.20633
2020 145370.5235
2021 263120.6475
2022 476248.3719


Clearly something has to give soon.... 2012, the year oil hit $1000 per barrel????
Jim

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

Tess wrote:117.58 current high. That's a rise of 81% since this time last year if anyone was wondering.
That 2.5% inflation figure from the government...is that weekly?
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