CEO of Europe's largest energy company sees oil at $250 by 2009 - GoFuckYourself.com

xmas13 · 06-27-2008, 11:10 AM

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

tranza · 06-27-2008, 11:18 AM

Wow, that would really impact the global economy.

Vick! · 06-27-2008, 11:24 AM

damn, it means cost of living gonna rise by 150% .. and I'll need to work even more to keep these standards?

Odin · 06-27-2008, 11:29 AM

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!

Iron Fist · 06-27-2008, 11:31 AM

Considering speculation is driving this market - glad to see energy leaders jumping on board to keep that price going up up up!

xmas13 · 06-27-2008, 11:43 AM

Quote:

Originally Posted by sharphead

Considering speculation is driving this market.

Every market is driven by speculation, helloooooooooooooooooo.

Bill8 · 06-27-2008, 11:47 AM

Maybe you should write Bush and tell him to do something about those speculators.

Like that'll happen.

theking · 06-27-2008, 12:08 PM

Quote:

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.

dready · 06-27-2008, 12:17 PM

$250 will be only the beginning.

stev0 · 06-27-2008, 12:19 PM

Of course he does, he'd love to reap profits like that.

06-27-2008, 11:10 AM	#1
xmas13 Confirmed User Join Date: Dec 2004 Location: GFY Posts: 5,176	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

06-27-2008, 11:18 AM	#2
tranza ICQ: 197-556-237 Join Date: Jun 2003 Location: BRASIL !!! Posts: 57,559	Wow, that would really impact the global economy. __________________ I'm just a newbie.

06-27-2008, 11:24 AM	#3
Vick! Confirmed User Industry Role: Join Date: Nov 2005 Location: 20 00'24.00" N, 75 09'00.00 W Posts: 6,882	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

06-27-2008, 12:17 PM	#9
dready Confirmed User Industry Role: Join Date: Oct 2002 Location: Toronto, ON Posts: 5,247	$250 will be only the beginning. __________________ ICQ: 91139591

06-27-2008, 11:29 AM	#4
Odin Confirmed User Industry Role: Join Date: Jan 2004 Location: au Posts: 2,545	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!

06-27-2008, 11:31 AM	#5
Iron Fist Too lazy to set a custom title Join Date: Dec 2006 Posts: 23,400	Considering speculation is driving this market - glad to see energy leaders jumping on board to keep that price going up up up!

06-27-2008, 11:47 AM	#7
Bill8 Confirmed User Join Date: Oct 2001 Posts: 1,901	Maybe you should write Bush and tell him to do something about those speculators. Like that'll happen.

06-27-2008, 12:19 PM	#10
stev0 Confirmed User Join Date: Aug 2003 Location: Calgary, Alberta Posts: 6,801	Of course he does, he'd love to reap profits like that.