Geology Tiger
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 Prediction on price of crude oil at the end of 2009

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Posted on 09-08-09 4:45 PM     Reply [Subscribe]
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I have a question for all economic analysis experts.  What will be the price of crude oil (per barrel) in the international market by the end of year 2009? When I checked this morning I found it was $ 71.35. It will be interesting to see how close you can come with your prediction after couple of months.


 

Last edited: 09-Sep-09 11:34 PM
 
Posted on 10-04-09 2:26 PM     Reply [Subscribe]
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A_P
i used the term "whinning" to describe hypocrites like Perot. I have Beck's pic to remenber there is freedom of speech eventhough his might be irrational.

About "running out of oil soon" nobody has any evidence about it and i dont either. Brazil has discovered oil in deep oceans and there are much more areas in the ocean they will be looking in future. I agree it will take more money to extract.

Another thing about price, when it reached 150 a barrel,these OPEC people didnot increased production,they blamed it totally on speculators. when it went below 60 they started cutting .i think there should be more efficient way for fixing the price. i will leave that upto professionals.
 
Posted on 10-14-09 2:00 AM     Reply [Subscribe]
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This is funny!!


Saudis Seek Payments for Any Drop in Oil Revenues


By JAD MOUAWAD and ANDREW C. REVKIN

Published: October 13, 2009


Saudi Arabia is trying to enlist other oil-producing countries to support a provocative idea: if wealthy countries reduce their oil consumption to combat global warming, they should pay compensation to oil producers.


http://www.nytimes.com/2009/10/14/business/energy-environment/14oil.html?_r=1


But need to think for a while what is the main cause of global warming? oil industry? or there are other reasons behind it
 
Posted on 10-21-09 10:27 PM     Reply [Subscribe]
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All right guys, i got one perk up video in my research involving intellects.Hope you all like this. If you all are really concerned about this important subject matter please watch the full video.


HERE IS THE LINK-


A Crude Awakening-The Oil Crash


http://www.videosift.com/video/A-Crude-Awakening-The-Oil-Crash-full-film


 


 
 
Posted on 11-15-09 2:27 PM     Reply [Subscribe]
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Once again price of crude oil from oil-price.net

 

Crude Oil and Commodity Prices
November, Sunday 15 2009 - 14:39:16

Crude Oil

$76.54

▲0.19

 

0.25%

14:34 PM EST - 2009.11.15

Gold Price

$1118.20

▲2.10

 

0.19%

14:39 PM EST - 2009.11.15

Crude Oil Price by OIL-PRICE.NET ©

Price

Change

Trades

Volume

14:39 - $ 76.54

0.19 0.25%

88,799

287,185

Range

Open

52 Wk Range

1 Year Forecast

75.57 - 77.67

76.54

55.60 - 81.85

$ 88 / Barrel

Last edited: 15-Nov-09 02:33 PM
 


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