lets get CRUDE

[RedRed]

http://news.ft.com/servlet/ContentSe...=1012571727102

If it stay at $40 for more than 2 months - there will be a global recession - or a least a 'significant' acceleration of the upcomming one.....

It turns out that Opec is struggleing to meet output requirements with Venesuella (SP) going Tits up.....

RedRed

[GNEP]

All good for me

Refinery margins are strong too, as are the margins at the fuel pump.

The price of crude came down today a fair whack.

My prediction? Crude prices will come right back down to around 26-28 $/bbl as soon as there is certainty over the war.

[SpiralDragon]

me dont have car and never want to have a car...... so me no need for fule....

[Novdid]

But you do need electricity...

[Wulfman]

Re: lets get CRUDE

Originally posted by ex RedRed
http://news.ft.com/servlet/ContentSe...=1012571727102

It turns out that Opec is struggleing to meet output requirements with Venesuella (SP) going Tits up.....

RedRed

wonder how they will struggle once iraq left them.

mfg
wulfman

[SpiralDragon]

Originally posted by Novdid
But you do need electricity...

i'll install sollar panels then :P.....

[Drizzt]

Originally posted by SpiralDragon
me dont have car and never want to have a car...... so me no need for fule....

You can try to explain that concept to this friend of mine...

[The PIT]

Thing I hate that prices at the pump won't go back down to the orginal level. Glad I'm no longer driving to Leeds to work.