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View Poll Results: Value of oil per barrel on the market before coming down:
$115.00 per barrel 2 11.11%
$130.00 per barrel 8 44.44%
$140.00 ++ per barrel 4 22.22%
Less then $115.00 per barrel 4 22.22%
Voters: 18. You may not vote on this poll

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  #1  
Old 03-11-2008, 08:36 AM
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Barrel of Oil price prediction :)

So where will it level off before falling?
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  #2  
Old 03-11-2008, 09:46 AM
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Well, level off before falling, in what time frame?
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  #3  
Old 03-11-2008, 10:32 AM
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Quote:
Originally Posted by vinuneuro
Well, level off before falling, in what time frame?
Exactly, it's not a linear ramp up and then levels off and falls. Better question is what will be the highest price reached before end of summer or labor day or some other time frame.
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  #4  
Old 03-11-2008, 10:55 AM
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No time frame. Since prices routinely move with Summer travel or Winter heating, it is all ebbs and flows. When will the current increase plateau and decline....
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  #5  
Old 03-11-2008, 11:08 AM
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Makes no sense. The price goes up and down every minute of every day. Which peak do you consider?
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  #6  
Old 03-11-2008, 12:08 PM
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Why are you debating this, just for the sake of debate....cool..

OK, lets say when it falls 20 dollars off its current mark of $109, or how about returns to January numbers of $89...pick your poison. You already voted

Since that market doesn't fluctuate by $10's of dollars a day, maybe those numbers will work for ya
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We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.

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  #7  
Old 03-11-2008, 05:04 PM
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Quote:
Originally Posted by Wagner
When will the current increase plateau and decline....
http://ap.google.com/article/ALeqM5i...BB-tAD8VB8BR00

Light sweet crude for April delivery on the New York Mercantile Exchange surged to $109.72 a barrel before slipping back to $109.34 a barrel by early afternoon in electronic trading in Europe.


Well, there you go!



If you are asking when there will be a decline over an extentended period of time, the answer is most likely "never". The price is going to continue to rise until there is no more oil left -- likely an event you and I will both live to see.
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Old 03-11-2008, 05:45 PM
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Quote:
Originally Posted by Eric5273
http://ap.google.com/article/ALeqM5i...BB-tAD8VB8BR00

Light sweet crude for April delivery on the New York Mercantile Exchange surged to $109.72 a barrel before slipping back to $109.34 a barrel by early afternoon in electronic trading in Europe.


Well, there you go!



If you are asking when there will be a decline over an extentended period of time, the answer is most likely "never". The price is going to continue to rise until there is no more oil left -- likely an event you and I will both live to see.

Are you a tard?

or can you not read post 6?
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"promote the general welfare, not provide the general welfare"

We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.

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  #9  
Old 03-11-2008, 06:08 PM
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On what facts do you base this comment??

Quote:
Originally Posted by Eric5273
The price is going to continue to rise until there is no more oil left -- likely an event you and I will both live to see.
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  #10  
Old 03-11-2008, 06:20 PM
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Quote:
Originally Posted by Quicksilver
On what facts do you base this comment??

A Wiki

We will not "run out of oil" the same as how we will not "melt away all the ice in the Arctic" or cause an "iceage"......

Just fun stuff to postulate.... IMO. Kind of like the GM rep saying "we can't complete Hydrogen power for at least 50 years".
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"promote the general welfare, not provide the general welfare"

We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.

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