WTF??? Oil = $105 per barrel? - GoFuckYourself.com

$5 submissions · 03-31-2005, 02:01 PM

http://uk.biz.yahoo.com/050331/323/ffes2.html

Oil prices have entered the early stages of trading that could lead to a 'super spike' with the potential to move prices to $105 per barrel, enough to meaningfully reduce energy consumption, according to a Goldman Sachs analysis.
The call, which would mean a possible doubling of oil prices from their current level, sent crude back above $55 per barrel for the first time in a week. The contract for May delivery was last quoted up 2.4 percent at $55.30, having earlier touched a high of $55.55.
'The strength in oil demand and economic growth, especially in the United States and China, following a year of $40-$50 per barrel WTI oil has surprised us... The reason for this adjustment in view is that persistent high prices are improving the financial position of key oil exporting countries and could serve to keep potential revolution at bay,' said analyst Arjun Murti.

fl_prn_str · 03-31-2005, 02:03 PM

you should write these nice folks.....

http://www.opec.org/home/

Manowar · 03-31-2005, 02:05 PM

Excellent. Hopefully it will be ultra high and the roads will be empty

Project-Shadow · 03-31-2005, 02:05 PM

Scared me there.. I couldnt imagine paying £1.70/litre of petrol 0.o
Actually I could.

Now is the time to invest in oil folks.

Manowar · 03-31-2005, 02:06 PM

Quote:

Originally Posted by Project-Shadow

Now is the time to invest in oil folks.

Black Gold.

$5 submissions · 03-31-2005, 02:06 PM

Quote:

Originally Posted by fl_prn_str

you should write these nice folks.....

http://www.opec.org/home/

Actually, the article I posted raised a very interesting question re market evolution. In economics, whenever demand for a commodity reaches such a high point that it becomes crushing to the buyers, ALTERNATIVE commodities' prices start going down... permanently. Maybe oil hitting $105 will finally trigger an IRREVERSIBLE trend towards hybrid and almost ZERO EMISSIONS vehicles.
A lot of pain usually accompany needed changes.

After Shock Media · 03-31-2005, 02:07 PM

Quote:

Originally Posted by Manowar

Excellent. Hopefully it will be ultra high and the roads will be empty

Hope you produce everything you eat, and use.

Damian_Maxcash · 03-31-2005, 02:09 PM

You nearly killed me.... I thought you meant it IS 105

My stepfather is head of energy management for the local council.... I would have enjoyed giving him that news... bastard

fris · 03-31-2005, 02:10 PM

you stocking up on oil?

i just picked up a bunch last week

$5 submissions · 03-31-2005, 02:12 PM

These are beginning to look like a GOOD BUY right now: http://www.toyota.com/prius/

Now,if they can only design energy-efficient cars that LOOK GOOD. Is there a rule for car manufacturers that energy-efficient cars have to look boxy or gimped out?

thaifan99 · 03-31-2005, 02:14 PM

Bicycle at the ready!!

DTK · 03-31-2005, 02:16 PM

Quote:

Originally Posted by $5 submissions

Now,if they can only design energy-efficient cars that LOOK GOOD. Is there a rule for car manufacturers that energy-efficient cars have to look boxy or gimped out?

I've wondered the same thing for years.. It's like they intentionally make them look like crap LOL

Hornydog4cooter · 03-31-2005, 02:20 PM

I forsee in the future people useing bio-desiel and vegatble oil

psili · 03-31-2005, 02:21 PM

Quote:

Originally Posted by Manowar

Black Gold.

Texas Tea.

Rich · 03-31-2005, 02:25 PM

Quote:

Originally Posted by $5 submissions

These are beginning to look like a GOOD BUY right now: http://www.toyota.com/prius/

Now,if they can only design energy-efficient cars that LOOK GOOD. Is there a rule for car manufacturers that energy-efficient cars have to look boxy or gimped out?

Yes, there's probably is. The last thing they want is a demand for energy efficient cars.

From the Simpsons, at GM's epcot center:

"I'm an electric car, I can't go very fast or very far. And if you drive me, people will think you're gay".

$5 submissions · 03-31-2005, 07:25 PM

Quote:

Originally Posted by Rich

Yes, there's probably is. The last thing they want is a demand for energy efficient cars.

From the Simpsons, at GM's epcot center:

"I'm an electric car, I can't go very fast or very far. And if you drive me, people will think you're gay".

LOL. The structural/long-term trends the Goldman Sachs analyst discussed in the article look strong enough to make energy efficient cars the new standard... Why am I not surprised that the auto industry is kicking and screaming. It put up the same fight re air bags until the MARKET dictated it.

sacX · 03-31-2005, 08:37 PM

Quote:

Originally Posted by $5 submissions

These are beginning to look like a GOOD BUY right now: http://www.toyota.com/prius/

Now,if they can only design energy-efficient cars that LOOK GOOD. Is there a rule for car manufacturers that energy-efficient cars have to look boxy or gimped out?

Toyota are bringing out hybrid versions of all their major models.. there's an article in the current Wired magazine. There's a Lexus version out shortly, although the mileage isn't as good as the Prius

xclusive · 03-31-2005, 08:37 PM

That's just crazy

Fire · 03-31-2005, 09:34 PM

get yourself one of these http://www.greasecar.com/

Hornydog4cooter · 03-31-2005, 09:36 PM

Anyone know if stocks are availble for bio-desiel?

kowntafit · 03-31-2005, 10:31 PM

yeah maybe riding a bicycle would be more convinient...

$5 submissions · 04-01-2005, 12:51 AM

Quote:

Originally Posted by Hornydog4cooter

Anyone know if stocks are availble for bio-desiel?

Those diesel engine mods for bio-diesel kick ass. You still start with gasoline but 90% will be switched over to bio-diesel. Since many restaurants give away their cooking grease, that's free 90% fuel. I don't know if there's any publicly-traded engine model companies. If there aren't--there should be.

tedwinters · 04-01-2005, 01:06 AM

Meh, they published a similar thing last year.. never came true...
if it does, it'll REALLLLY suck... but, it'll also cause the Canadian Oil Sands to start producing, which should limit the effect....

03-31-2005, 02:01 PM	#1
$5 submissions I help you SUCCEED Industry Role: Join Date: Nov 2003 Location: The Pearl of the Orient Seas Posts: 32,195	WTF??? Oil = $105 per barrel? http://uk.biz.yahoo.com/050331/323/ffes2.html Oil prices have entered the early stages of trading that could lead to a 'super spike' with the potential to move prices to $105 per barrel, enough to meaningfully reduce energy consumption, according to a Goldman Sachs analysis. The call, which would mean a possible doubling of oil prices from their current level, sent crude back above $55 per barrel for the first time in a week. The contract for May delivery was last quoted up 2.4 percent at $55.30, having earlier touched a high of $55.55. 'The strength in oil demand and economic growth, especially in the United States and China, following a year of $40-$50 per barrel WTI oil has surprised us... The reason for this adjustment in view is that persistent high prices are improving the financial position of key oil exporting countries and could serve to keep potential revolution at bay,' said analyst Arjun Murti. __________________ Need a NON-ADULT income stream? We build your YOUTUBE CHANNEL for only $20 per video! For Hire: $3/hour or $400 per month Marketing Specialist Virtual Assistants

03-31-2005, 02:10 PM	#9
fris Too lazy to set a custom title Industry Role: Join Date: Aug 2002 Posts: 55,372	you stocking up on oil? i just picked up a bunch last week __________________ Since 1999: 69 Adult Industry awards for Best Hosting Company and professional excellence. WP Stuff

03-31-2005, 02:12 PM	#10
$5 submissions I help you SUCCEED Industry Role: Join Date: Nov 2003 Location: The Pearl of the Orient Seas Posts: 32,195	These are beginning to look like a GOOD BUY right now: http://www.toyota.com/prius/ Now,if they can only design energy-efficient cars that LOOK GOOD. Is there a rule for car manufacturers that energy-efficient cars have to look boxy or gimped out? __________________ Need a NON-ADULT income stream? We build your YOUTUBE CHANNEL for only $20 per video! For Hire: $3/hour or $400 per month Marketing Specialist Virtual Assistants

03-31-2005, 02:14 PM	#11
thaifan99 Confirmed User Join Date: Jul 2003 Location: London UK Posts: 3,029	Bicycle at the ready!! __________________ ARE YOU A FAMILY MEMBER? CLICK HERE TO FIND OUT!

03-31-2005, 08:37 PM	#18
xclusive Too lazy to set a custom title Join Date: Apr 2004 Location: Buffalo, NY Posts: 35,218	That's just crazy __________________ I support MediumPimpin.com / Shemp's Outlawtgp.com /

03-31-2005, 02:03 PM	#2
fl_prn_str Confirmed User Industry Role: Join Date: Aug 2004 Location: Tampa, FL Posts: 5,736	you should write these nice folks..... http://www.opec.org/home/

03-31-2005, 02:05 PM	#3
Manowar jellyfish Join Date: Dec 2003 Posts: 71,528	Excellent. Hopefully it will be ultra high and the roads will be empty

03-31-2005, 02:05 PM	#4
Project-Shadow Confirmed User Industry Role: Join Date: Feb 2003 Posts: 7,340	Scared me there.. I couldnt imagine paying £1.70/litre of petrol 0.o Actually I could. Now is the time to invest in oil folks.

03-31-2005, 02:09 PM	#8
Damian_Maxcash So Fucking Banned Join Date: Oct 2002 Location: MaxCash.com Posts: 12,745	You nearly killed me.... I thought you meant it IS 105 My stepfather is head of energy management for the local council.... I would have enjoyed giving him that news... bastard

03-31-2005, 02:20 PM	#13
Hornydog4cooter Confirmed User Join Date: Jan 2005 Posts: 2,859	I forsee in the future people useing bio-desiel and vegatble oil

03-31-2005, 09:34 PM	#19
Fire Confirmed User Join Date: Feb 2002 Posts: 486	get yourself one of these http://www.greasecar.com/

03-31-2005, 09:36 PM	#20
Hornydog4cooter Confirmed User Join Date: Jan 2005 Posts: 2,859	Anyone know if stocks are availble for bio-desiel?

03-31-2005, 10:31 PM	#21
kowntafit Confirmed User Join Date: Jan 2004 Location: Australia Posts: 4,667	yeah maybe riding a bicycle would be more convinient... __________________ This is where my next million is coming from!

04-01-2005, 01:06 AM	#23
tedwinters Confirmed User Join Date: Oct 2003 Location: Montreal/Calgary Posts: 672	Meh, they published a similar thing last year.. never came true... if it does, it'll REALLLLY suck... but, it'll also cause the Canadian Oil Sands to start producing, which should limit the effect....