Friday, January 8, 2010

The price of oil in June, 2008?

How high do you thinkl the price of oil will be in June 2008? I have a small bet (cup of tea) with a friend that frequents the local Barnes %26amp; Noble Bookstore in the mornings and I wonder what the consensus of opinion is.





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H. Court Young


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mailto:solarpower@getresponse.com*The price of oil in June, 2008?
i'm not sure, go to this website maybe it will helpThe price of oil in June, 2008?
prob $10.50
I've got to be the only one who thinks it will be cheaper in the future. Think about it, Bush is almost out of office, people will be happier and there will be a strain on the new president to fix all of his f-ck ups, and that includes doing something about oil because that's too much and if a democrat gets in, the economy will grow. That or raise minimum wage, so that way we can afford it if it gets to be too high. You almost need a second job just to pay for oil alone. Anyone find it ironic that Bush has a history with oil and yet prices are so high? Hmmm 10 bucks says the new President will cut oil prices. Or we as a people can do something about it, we just won't drive. When the people have had enough, the government will do something about it. They can't afford for Americans to just not show up for work, and we're getting sick of it as it is. I'm thinking of moving to that one Indiana town that uses ethanol for gas and doesn't rely on wasting our natural resources.
$10.00 per gallon





fine. call me a pessimist!
If you extrapolate the price of the last six months.. it would be very safe to guess that we would see oil in the $130 dollar a bbl range. This would translate, in the US to a price of gasoline around 350 cents per gallon
maybe about $5 to $6


THAT'S A LOT!!!!!!!!
too damn much.
i have no idea what you wrote but ok ill agreee with you!
I would ask my dad but hes not here sorry
using my intellectualality and my consistant use of knowledge i beleive the oil prices will rise reidiculously high.mostly likely atleast to 4.50 or 5.00
Hmmm. Let me take a shot at this...





Presidential election coming up.


Vacation season starting.


Recession in full swing.


Possibly downsizing troops in Iraq.


Chavez needs to get breast reduction surgery.





I'll chance it and say it will be somewhere around $106.8 per barrel. But it will peak higher prior to June. But you asked for June 2008.
i believe it closed @97 bucks this week. my prediction 106 go long with gold my friend800 now 900 at the same time as oil UMMMMMM?

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