CEO of Europe's largest energy company sees oil at $250 by 2009

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  • xmas13
    Confirmed User
    • Dec 2004
    • 5176
    #1

    CEO of Europe's largest energy company sees oil at $250 by 2009

    http://www.telegraph.co.uk/money/mai.../bcngaz127.xml

    Mr Miller expects increasing competition for the world's gas and other energy resources to drive oil to $250 a barrel next year.

    http://en.wikipedia.org/wiki/Gazprom
    ICQ 557504926
    Tags: None
    • tranza
      ICQ: 197-556-237
      • Jun 2003
      • 57559
      #2
      Wow, that would really impact the global economy.
      I'm just a newbie.

        Comment

        • Vick!
          Confirmed User
          • Nov 2005
          • 6882
          #3
          damn, it means cost of living gonna rise by 150% .. and I'll need to work even more to keep these standards?
          Affordable Quality Web Hosting

            Comment

            • Odin
              Confirmed User
              • Jan 2004
              • 2545
              #4
              Not surprised at all. Everything I have read tends to show how little ability there is right now to actually increase production at a pace that can keep up with rising demand from the developing world. It's good though, in the end, bring on the innovation and the electric car!
              ICQ: 637//961--015

                Comment

                • Iron Fist
                  Too lazy to set a custom title
                  • Dec 2006
                  • 23400
                  #5
                  Considering speculation is driving this market - glad to see energy leaders jumping on board to keep that price going up up up!
                  i like waffles

                    Comment

                    • xmas13
                      Confirmed User
                      • Dec 2004
                      • 5176
                      #6
                      Originally posted by sharphead
                      Considering speculation is driving this market.
                      Every market is driven by speculation, helloooooooooooooooooo.
                      ICQ 557504926

                        Comment

                        • Bill8
                          Confirmed User
                          • Oct 2001
                          • 1901
                          #7
                          Maybe you should write Bush and tell him to do something about those speculators.

                          Like that'll happen.

                            Comment

                            • theking
                              Nice Kitty
                              • Sep 2002
                              • 21053
                              #8
                              Originally posted by Bill8
                              Maybe you should write Bush and tell him to do something about those speculators.

                              Like that'll happen.
                              Congress has been holding hearings about reinstating regulation of the commodities market that had be derequlated in 2000.
                              When you're running down my country hoss...you're walking on the fighting side of me!

                              FOR THE LYING LOWLIFE POSTING AS PATHFINDER...http://gfy.com/fucking-around-and-pr...athfinder.html

                                Comment

                                • dready
                                  Confirmed User
                                  • Oct 2002
                                  • 5247
                                  #9
                                  $250 will be only the beginning.
                                  ICQ: 91139591

                                    Comment

                                    • stev0
                                      Confirmed User
                                      • Aug 2003
                                      • 6801
                                      #10
                                      Of course he does, he'd love to reap profits like that.

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