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Welcome to the GoFuckYourself.com - Adult Webmaster Forum forums. You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today! If you have any problems with the registration process or your account login, please contact us. |
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| Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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05-20-2008, 06:51 AM
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#1 |
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HOMICIDAL TROLL KILLER
Industry Role:
Join Date: Dec 2004
Location: Sunnybrook Institution for the Criminally Insane
Posts: 20,419
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Oil at $129 right now..
OPEC says price is being driven by speculators...
Boone Pickens says price is being driven by less oil available.. I believe Boone Pickens.. For those that dont know who Boone Pickens is, he was the first person to start talking about peak oil years ago... |
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05-20-2008, 06:57 AM
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#2 |
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Registered User
Industry Role:
Join Date: Jan 2001
Location: Your moms box
Posts: 26,727
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i think its being driven by both actually.. what i do know s that i never thought i would see 4 bucks a gallon....
I read an article that said ts just ne big bubble about to burst. i disagree though, we need our oil, as a nation we arent going to slow down consumption. forget globally... china is a hgue issue too |
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05-20-2008, 07:12 AM
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#3 |
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Confirmed User
Industry Role:
Join Date: Dec 2004
Location: Denver
Posts: 6,559
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less oil available where? in the united states we're currently importing more oil than we need. we're using less than we have. and the majority of our reserves are full at the moment.
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05-20-2008, 07:18 AM
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#4 | |
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HOMICIDAL TROLL KILLER
Industry Role:
Join Date: Dec 2004
Location: Sunnybrook Institution for the Criminally Insane
Posts: 20,419
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Quote:
plus, china and india usage rising... i do agree, there doesnt seem to be a lot of rhyme or reason as to the continued increase in oil price. however, i hold a lot of value in what Boone Pickens says and if he says its mostly due to lower overall worldwide supplies, i believe him.. |
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05-20-2008, 08:46 AM
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#5 |
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Confirmed User
Join Date: May 2003
Posts: 2,734
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The most estimates on oil speculation says, that there is around 20-30 bucks premium due speculation on weak dollar. Thats what you get when you have FED trying to bailout its Wallstreet friends, while they dont care much for value of dollar.
"Now every Gradmamma speculate on further rise of oil." The Central Eurobank head even told it few weeks ago: "to cut interest rates at this point would be the same as taxing the people to bail out the banks. Cost of extra inflation would be the ultimate sign of moral hazard to save banks." |
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05-20-2008, 08:49 AM
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#6 |
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Porn Meister
Industry Role:
Join Date: Feb 2005
Posts: 16,443
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Welp, all I know is that if this thing in the middle east really was a "blood for oil" deal, it sucks nasty ass because oil was $24 a barrel back in 2001.
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43-922-863 Shut up and play your guitar. 
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05-20-2008, 08:52 AM
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#7 |
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Too lazy to set a custom title
Join Date: Feb 2001
Location: Tube Titans, USA
Posts: 11,929
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Boone Pickens' book is pretty good - worth a read - and he has a new one coming out soon.
He's a great promoter of himself and his fund. if I recall correctly though he lost a lot back some decades ago on a bad natural gas bet. I remember he was also short oil just a few months ago before saying he was wrong and going long. No one knows when peak oil will be. Does he have insight into this that others don't? I am pretty sure he said we were at peak oil when production was about 3 million barrels per day less than it is now. He seems to move the markets with his statements and predictions.
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skype = "adultdatelink" |
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05-20-2008, 09:15 AM
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#8 |
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Jägermeister Test Pilot
Industry Role:
Join Date: Dec 2001
Location: NORCAL
Posts: 74,245
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Great. The higher the cost of gas the less crowded the freeways will be, and the more public transportation will be used.
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“The choice is no longer between right or left. The choice is between normal and crazy.” - Sarah Huckabee Sanders YNOT MAIL | THE BEST ADULT MAILING SOLUTION |
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05-20-2008, 09:16 AM
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#9 | |
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Confirmed User
Join Date: May 2003
Posts: 2,734
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Quote:
"T Boone's hedge fund was down 98% in 1998, yes 98% when crude went to $10" |
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05-20-2008, 09:35 AM
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#10 |
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Confirmed User
Industry Role:
Join Date: Oct 2002
Location: Toronto, ON
Posts: 5,247
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From yesterday's Globe and Mail - Oil price defies swelling supplies
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ICQ: 91139591 |
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05-20-2008, 09:43 AM
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#11 | |
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Too lazy to set a custom title
Join Date: Feb 2001
Location: Tube Titans, USA
Posts: 11,929
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Quote:
He's had good times and bad for sure. He made his bet this time and bet big. Now he is worth $3 billion. He's a great promoter and seems to be on CNBC every week. he's taking some big risks over the years for sure. Back when Mesa was doing big LBOs and trying to do even bigger ones.
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skype = "adultdatelink" |
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05-21-2008, 05:41 AM
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#12 |
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Confirmed User
Join Date: May 2003
Posts: 2,734
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130$ today...and we are just going into season....
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