Oil to drop to $35 per barrel

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  • Brujah
    Beer Money Baron
    • Jan 2001
    • 22157

    #1

    Oil to drop to $35 per barrel

    American publishing executive Steve Forbes says he expects the price of oil to fall as low as $US35 a barrel within a year, blaming the current price spike largely on speculation.

    http://www.smh.com.au/news/Business/...302549456.html
  • JFK
    FUBAR the ORIGINATOR
    • Jan 2002
    • 67369

    #2
    Yeah right , like that's going to happen

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    • Rui
      web
      • Dec 2001
      • 9533

      #3
      thats some powerfull crack he must be smoking :S

      Comment

      • Manowar
        jellyfish  
        • Dec 2003
        • 71528

        #4
        i damn well hope so

        Comment

        • Chris
          Too lazy to set a custom title
          • May 2003
          • 27880

          #5
          what goes up must come down

          I strongly feel gas prices WILL fall RAPIDLY

          it should reach about 3.25 adverage and then I think it will drop
          [email protected]

          Comment

          • Rui
            web
            • Dec 2001
            • 9533

            #6
            the demand keeps rising everyday, the midle-east is well...and you guys expect to prices to fall...ohh man

            Comment

            • eamedia
              Confirmed User
              • Feb 2005
              • 1456

              #7
              i expect and have planned on getting raped at the gas station for a long long time

              Comment

              • throwdown
                So Fucking Banned
                • Aug 2005
                • 997

                #8
                within a year? ROFL

                that means 11 months of $4/gal gas and then on the last month, $35/barrel

                Comment

                • vvq
                  Confirmed User
                  • Feb 2004
                  • 2732

                  #9
                  i'll believe it when i see it

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                  • The Truth Hurts
                    Zph7YXfjMhg
                    • Nov 2002
                    • 15738

                    #10
                    don't you know... anyone that says something that could be percieved as positive news is automatically a retard.

                    if he'd have said oil is going up to $129 a gallon and America is going to hell in a handbasket, he'd be called a genius here.

                    Comment

                    • penzo
                      Confirmed User
                      • Mar 2005
                      • 1576

                      #11
                      I surely hope that the price will drop...but I doubt it

                      Comment

                      • NoCarrier
                        We need more free porn
                        • Mar 2002
                        • 16356

                        #12
                        Wow! I didn't know we had so many oil experts on this board!

                        Comment

                        • Rui
                          web
                          • Dec 2001
                          • 9533

                          #13
                          Originally posted by The Truth Hurts
                          don't you know... anyone that says something that could be percieved as positive news is automatically a retard.

                          if he'd have said oil is going up to $129 a gallon and America is going to hell in a handbasket, he'd be called a genius here.
                          it has nothing to do with beeing realistic...more within touch with reality...

                          Anybody beliving in this lets do a bet and see how it will be within a year...

                          Comment

                          • Rinaldo
                            Confirmed User
                            • Sep 2003
                            • 5086

                            #14
                            Originally posted by Rui
                            it has nothing to do with beeing realistic...more within touch with reality...

                            Anybody beliving in this lets do a bet and see how it will be within a year...

                            Hundred on below 50 within a year

                            Comment

                            • FreeOnes
                              Confirmed User
                              • Jul 2001
                              • 3406

                              #15
                              Like I already said too.

                              Lets hope it goes to &80 first and then I will buy some puts and will get rich :D

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                              • Hollywood Horwitz
                                Porn To ROCK!
                                • Dec 2003
                                • 4357

                                #16
                                go down,sounds doubtful..
                                Ross Horwitz
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                                • adamneve
                                  LIVING LA VITA LOCA
                                  • Oct 2002
                                  • 13333

                                  #17
                                  i'll bye a few hundredbarrels if it will drop
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                                  Comment

                                  • hershie
                                    Confirmed User
                                    • Jun 2002
                                    • 4642

                                    #18
                                    He's probably trying to cover his shorting of oil now that the price has run away from him by pontificating like that. It is a crazy stupid call to make unless you have other motives.

                                    Comment

                                    • AlienQ - BANNED FOR LIFE
                                      best designer on GFY
                                      • Mar 2003
                                      • 30307

                                      #19
                                      I call total bullshit.

                                      Comment

                                      • EroticySteve
                                        Confirmed User
                                        • Mar 2005
                                        • 4365

                                        #20
                                        I'm not an oil expert. I'm not an expert at finance, global, national or local economics.

                                        That said, Steve Forbes has a much better perspective on this issue than I do, probably anymore than anyone on these boards. Anyone who could make tha bold of a statement obviously has some good reason for it.

                                        If anyone was worthy of debating this topic with Steve Forbes I'd say you're in the wrong place working in adult and definitely wasting time on GFY.

                                        Whether I agree with the statement or not is irellevant, I don't have the data or the knowledge to debate it, I doubt most people do.
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                                        Comment

                                        • I Like Chocolate
                                          Confirmed User
                                          • Dec 2004
                                          • 821

                                          #21
                                          $35 is there a depression. Demand is going to continue to rise from Asia and other developing areas of the world.

                                          Comment

                                          • EroticySteve
                                            Confirmed User
                                            • Mar 2005
                                            • 4365

                                            #22
                                            This isn't a simple supply and demand issue.
                                            You deserve to make more money. I'll help you do that.
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                                            • Babagirls
                                              Text Writer
                                              • Feb 2001
                                              • 18812

                                              #23
                                              righhhhhhhhhtttt
                                              we'll see i guess.




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                                              • loverboy
                                                When it rains, it pours
                                                • May 2003
                                                • 20609

                                                #24
                                                i would take it as an opinion and not a prediction

                                                Comment

                                                • Brujah
                                                  Beer Money Baron
                                                  • Jan 2001
                                                  • 22157

                                                  #25
                                                  Let's bump this a year from now and see how it plays out.

                                                  Comment

                                                  • Dagwolf
                                                    President of Canada
                                                    • Sep 2003
                                                    • 23141

                                                    #26
                                                    I predict that gas will become FREE within a year when it's suddenly discovered that gasoline grows on trees.
                                                    Sleep well, and dream of large women.

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