Current Oil Price

Post by **mikepepler** » 16 May 2008, 15:55

emordnilap wrote:They probably think, "These prices are only temporary".

And they'd be right!

Yes, they'll go a lot higher!

MacG · Post by **MacG** » 16 May 2008, 15:58

mikepepler wrote:
Bedrock Barney wrote:
mikepepler wrote:We're not even in hurricane season yet....
14 days to go. An early season big one would put the cat among the pigeons.
And I've seen the way pigeons take off in our woods when they're disturbed - lots of flapping, crashing through the branches... it's a wonder they don't hit a tree and drop to the ground!

I wonder how our economy will cope...

Like now maybe? Frozen like a rabbit in headlights.

emordnilap · Post by **emordnilap** » 16 May 2008, 16:09

The upstreamonline table shows nine out of eleven prices now over $120.

Post by **adam2** » 16 May 2008, 16:34

Acoording to the BBC it is now well over $127!
another day, another record
http://news.bbc.co.uk/1/hi/business/7404856.stm

RevdTess · Post by **RevdTess** » 16 May 2008, 17:25

I love this story from 1974 though
http://news.bbc.co.uk/onthisday/hi/date ... 559807.stm

"Crude prices are now 5 times what they were last year"

100% rally? Pathetic.

Norfolk In Chance · Post by **Norfolk In Chance** » 16 May 2008, 18:01

Little bit off topic but this surely must be a contender for the longest ever forum thread?

Erik · Post by **Erik** » 16 May 2008, 18:15

Norfolk In Chance wrote:Little bit off topic but this surely must be a contender for the longest ever forum thread?

This thread will keep going either f o r e v e r or until the electricity grid goes down, whichever comes first.

Vortex · Post by **Vortex** » 16 May 2008, 18:42

Norfolk In Chance wrote:Little bit off topic but this surely must be a contender for the longest ever forum thread?

The "Saudi Arabia" thread on peakoil.com must be the winner of that prize.

If I ever meet "RockDoc" in the real world .... sheesh ...

Post by **mikepepler** » 16 May 2008, 19:54

Settle was $126.29, a new record. Also a new record in sterling: ?64.91

Expect to see the upward trend in petrol/diesel continue...

RevdTess · Post by **RevdTess** » 17 May 2008, 00:44

Norfolk In Chance wrote:Little bit off topic but this surely must be a contender for the longest ever forum thread?

You say that now at a mere 1000 posts. When we reach 5000 you'll be amazed at how naive we were back here thinking prices were high at $127...

RenewableCandy · Post by **RenewableCandy** » 17 May 2008, 17:29

I'm sure someone's already said "another day, another dollar", but, well, what the heck

?

Mean Mr Mustard · Post by **Mean Mr Mustard** » 17 May 2008, 17:59

If it's ever 'another day another dollar', time to get even more concerned. Seems to be 'another week, another dollar' for now...

I suggest this thread should be stickied, just in case there are a few weeks where the price doesn't rise, otherwise we might forget this thread ever existed.

Mean Mr Mustard · Post by **Mean Mr Mustard** » 19 May 2008, 21:26

Lunchtime at the village garage, diesel was ?121.9. This evening, ?130.9.

Bedrock Barney · Post by **Bedrock Barney** » 19 May 2008, 22:05

Mean Mr Mustard wrote:Lunchtime at the village garage, diesel was ?121.9. This evening, ?130.9.

I'll see your

and raise you

RenewableCandy · Post by **RenewableCandy** » 19 May 2008, 22:39

Bedrock Barney wrote:
Mean Mr Mustard wrote:Lunchtime at the village garage, diesel was ?121.9. This evening, ?130.9.
I'll see your and raise you

$126.99 the chips are down...