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Old 04-22-2008, 11:09 PM
ranman2u  is offline
 
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Why oil could hit $180 a barrel From MSN Money


I heard people pointing fingers at everyone but themself.

http://articles.moneycentral.msn.com...rsABarrel.aspx
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Old 04-22-2008, 11:10 PM
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Re: Why oil could hit $180 a barrel From MSN Money


Well I guess I'm glad I walk everywhere I go. Or take the train, which is electric.
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Old 04-22-2008, 11:14 PM
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Re: Why oil could hit $180 a barrel From MSN Money


Everyone has a theory about why the prices are so high, the main reason prices are high is because they can be.
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Old 04-22-2008, 11:18 PM
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Re: Why oil could hit $180 a barrel From MSN Money


Yep, the oil companies have us by the short curlies.
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Old 04-22-2008, 11:23 PM
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Re: Why oil could hit $180 a barrel From MSN Money


It's called price fixing.
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Old 04-22-2008, 11:28 PM
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Re: Why oil could hit $180 a barrel From MSN Money


I was thinking its called screwing people.
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Old 04-22-2008, 11:39 PM
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Re: Why oil could hit $180 a barrel From MSN Money


Yea, and it's not just the oil companies...
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Old 04-22-2008, 11:42 PM
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Re: Why oil could hit $180 a barrel From MSN Money


Not to play the role of Captain Obvious here, but the quickest way to fix the economy would be to get gas prices reasonable.

Before the thread goes there, I dont care about prices in other countries, and my car wont run on Starbucks, so comparing jerk offs spending $5 for a cup of coffee to gas prices doesnt make any damn sense.
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Old 04-22-2008, 11:45 PM
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Re: Why oil could hit $180 a barrel From MSN Money


Gas prices are causing everything to go up. Food prices are climbing very quickly. There have been riots across the globe over rising food costs. I don't even want to get started, so I will just be a casual observer
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Old 04-22-2008, 11:51 PM
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Re: Why oil could hit $180 a barrel From MSN Money


Quote:
Originally Posted by kotornut View Post
Well I guess I'm glad I walk everywhere I go. Or take the train, which is electric.
And there is nothing wrong with that. I walk to the store for food and supplies all the time. Its fun and get me my much needed exercise.
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Old 04-22-2008, 11:52 PM
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Re: Why oil could hit $180 a barrel From MSN Money


Quote:
Originally Posted by elcid View Post
Everyone has a theory about why the prices are so high, the main reason prices are high is because they can be.
Have you read the article? He talks about some of the why.
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Old 04-23-2008, 12:00 AM
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Re: Why oil could hit $180 a barrel From MSN Money


Here is another good site. http://www.lifeaftertheoilcrash.net/

The fact is simple we are running out of oil and its harder to find it. It also cost more to get out of the ground. So say good by to the SUV and muscle cars.
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Old 04-23-2008, 12:01 AM
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Re: Why oil could hit $180 a barrel From MSN Money


Quote:
Originally Posted by ranman2u View Post
Have you read the article? He talks about some of the why.
Yep, and I've read it, and 4 or 5 other stories with different reasons. Another article says it's because the price of oil is based on speculation and even though it isn't selling at $117/ barrell it can and that's what dictates the price. I stand by my post, everyone has a theory but no one is giving us any honest answers. Yes global consumption is up, and no one had the foresight to build new refinaries or do proper upkeep on existing ones, and the value of the dollar is down and blah blah blah, but if the oil companies couldn;t get what they were selling it for, it wouldnt be so high.

As much as I am anti-teenagers, I feel bad for anyone working part time for minimum wage. They probably can barely afford gas let alone insurance and any extra money to quit suckling at mom and dad's teat.
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Old 04-23-2008, 12:03 AM
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Re: Why oil could hit $180 a barrel From MSN Money


Quote:
Originally Posted by ranman2u View Post
And there is nothing wrong with that. I walk to the store for food and supplies all the time. Its fun and get me my much needed exercise.
Yeah it's easier in Japan though. I was born and raised in California and I know that it'd be impossible for me to walk everywhere there. You have to drive. The automobile companies pushed for highways instead of trains in the 50s. Now that has turned out to be a bad decision.

But if you can walk, do it. It's better for you and it's free.
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Old 04-23-2008, 12:06 AM
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Re: Why oil could hit $180 a barrel From MSN Money


Lets say we go to an electric car look how much it cost to go 40 miles!!!!!! Its under 2 bucks. I drive this car anyday. Chevy Volt concept car.

http://gm-volt.com/chevy-volt-reason...-of-operation/
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