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Reply #14: I Seriously Doubt $200 Oil [View All]

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DallasNE Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-07-08 07:23 AM
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14. I Seriously Doubt $200 Oil
$150 will offer some resistence but once that is broken it will shoot to near $170 but I look for that to be the last big push. Why? Because that will take us to Labor Day and that is important for two reasons. It is the end of the summer driving season. More importantly, we should have a pretty good indication on who the next President will be. If it is Obama, as I expect, then that will have a calming effect on the oil markets and start a retreat in oil prices. Obviously, Cheney could order air strikes against Iran and that would throw this off but that is about it.
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  -Oil's Rapid Rise Stirs Talk of $200 a Barrel This Year Newsjock  Jul-07-08 12:27 AM   #0 
  - Amazon's Rapid Rise Stirs Talk of $200 Per Share This Year  DJ13   Jul-07-08 12:36 AM   #1 
  - 200$ oil  spag68   Jul-07-08 12:55 AM   #2 
  - No bust  MJJP21   Jul-07-08 06:02 AM   #11 
  - the oilmen  shanti   Jul-07-08 02:14 PM   #24 
  - some very amoral and unscrupulous individuals are getting VERY rich . . .  OneBlueSky   Jul-07-08 01:32 AM   #3 
  - Pension funds  mahatmakanejeeves   Jul-07-08 07:28 AM   #15 
  - there is a massive criminal conspiracy going on  provis99   Jul-07-08 02:04 AM   #4 
  - Of course, the government could step in and seize control of the oil industries and  salguine   Jul-07-08 02:26 AM   #5 
  - How much US imports?  tama   Jul-07-08 04:48 AM   #7 
  - You could...  WriteDown   Jul-07-08 09:14 AM   #19 
  - I read all of your replies...  Aqaba   Jul-07-08 03:31 AM   #6 
  - And the Darwin award...  tama   Jul-07-08 04:55 AM   #8 
     - On the streets out and around where i live the auto traffic seems about halved  nolabels   Jul-07-08 05:15 AM   #9 
        - i noticed that too  shanti   Jul-07-08 02:16 PM   #25 
  - But, but AAA said July 4 weekend traffic was only down 1% from last year.  bulloney   Jul-07-08 05:45 AM   #10 
  - AAA July 4th 2008 Travel Forecast CHART  LiberalFighter   Jul-07-08 07:56 AM   #17 
  - World economy will grind to a complete stop  liberal N proud   Jul-07-08 06:35 AM   #12 
  - It's the plan called Disaster Capitalism per Naomi Kline n/t  Altean Wanderer   Jul-07-08 07:15 AM   #13 
  - I Seriously Doubt $200 Oil  DallasNE   Jul-07-08 07:23 AM   #14 
  - if the dollar keeps tanking oil will keep rising  natrat   Jul-07-08 08:38 AM   #18 
  - Yes and US is the whole world n/t  tama   Jul-07-08 09:51 AM   #20 
  - Sorry  Kelvin Mace   Jul-07-08 02:11 PM   #23 
  - Who the hell is pushing the $200 a barrel talks? SHOOT THEM!!  LiberalFighter   Jul-07-08 07:44 AM   #16 
  - I'm talking $2000 a barrel  tama   Jul-07-08 09:52 AM   #21 
  - Who says $200 is overvalued?  David__77   Jul-07-08 10:54 AM   #22 
  - Greed  classysassy   Jul-07-08 07:00 PM   #26 

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