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Reply #18: Ralph Wakley - Oil Derrick worker... [View All]

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LeftHander Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-02-08 01:03 PM
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18. Ralph Wakley - Oil Derrick worker...
Is reported to have strained his back and would not be able to report to work for 3 days upon Doctor's orders. This news sent oil futures soaring in the markets today. Oil futures trader Denny Olsen stated that hundreds of factors influence the futures price and any single factor can result in a price spike. "Last week a gull interrupted drilling on Platform 34a in the Gulf of Mexico for 15 minutes after it was caught in the derrick control room." Olsen went on, "All of traders jumped on this and started buying up Gulf oil. As a result prices went up. We sold later that day and turned 12 million in profit. Everything effects oil price."
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  -Oil futures hit $100 a barrel Newsjock  Jan-02-08 11:28 AM   #0 
  - Saw that breaking...  YvonneCa   Jan-02-08 11:29 AM   #1 
  - Here is a link from CNN reporting this event:  Purveyor   Jan-02-08 11:31 AM   #2 
  - Last I heard there were two ports closed in Mexico due to weather. n/t  Lone_Star_Dem   Jan-02-08 11:40 AM   #5 
     - I've also read,  Delphinus   Jan-02-08 02:16 PM   #22 
  - And Bush and Cheney rejoice...  derby378   Jan-02-08 11:31 AM   #3 
  - Dow dropped another $50 to -$206 for the day.  DemoTex   Jan-02-08 11:35 AM   #4 
  - Gee, I remember when that genius Ed "Y2K" Yardeni predicted  swag   Jan-02-08 11:40 AM   #6 
  - I also remember a book about a $20-30K Dow Jones.  pokercat999   Jan-02-08 03:37 PM   #24 
     - Oh yes, "Dow 36,000" by Kevin Hassett (now a wank con pundit at AEI)  swag   Jan-02-08 03:41 PM   #25 
  - I forget....  Bigmack   Jan-02-08 11:43 AM   #7 
  - i hear that these unregulated gambling addicts are responsible for about 30% of the cost of gas, and  sam sarrha   Jan-02-08 11:50 AM   #8 
  - i`d say you are correct  madrchsod   Jan-02-08 12:41 PM   #12 
  - Freeper comment...  Bigmack   Jan-02-08 11:50 AM   #9 
  - Imagine an oil war, fought by two oil men  realpolitik   Jan-02-08 07:40 PM   #27 
  - Gold has hit an all time high too  edwardlindy   Jan-02-08 12:04 PM   #10 
  - the world is coming to an end! buy gold!  madrchsod   Jan-02-08 12:44 PM   #13 
  - Ouch is all I have to say. n/t  ChazII   Jan-02-08 12:05 PM   #11 
  - A populist candidate would be very popular  spotbird   Jan-02-08 12:50 PM   #14 
  - Up *400%* under this administration. 400%!!  Roland99   Jan-02-08 12:54 PM   #15 
  - Yep I remember in 2000 when gas flirted with $1.65  RamboLiberal   Jan-02-08 12:56 PM   #17 
  - Sh*t is what I have to say!  RamboLiberal   Jan-02-08 12:54 PM   #16 
  - Won't work - all your Pond Scum belong to Da White-House  ConcernedCanuk   Jan-02-08 01:39 PM   #19 
  - Ralph Wakley - Oil Derrick worker...  LeftHander   Jan-02-08 01:03 PM   #18 
  - Anyone want to continue arguing whether or not we're at Peak Oil?  NickB79   Jan-02-08 01:54 PM   #20 
  - Or we could...  gogogodzilla   Jan-02-08 02:29 PM   #23 
  - Pushing the nation deeper into the recession no one is talking about  liberal N proud   Jan-02-08 02:11 PM   #21 
  - Global oil demand by 2024?  CatholicEdHead   Jan-02-08 04:09 PM   #26 
  - Don't worry, the Fed will just monetize the high oil price.  roamer65   Jan-02-08 07:51 PM   #28 

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