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Crude oil price tops $100 per barrel, sets reco

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Crude oil price tops $100 per barrel, sets record


Business | 206600 hits | Jan 02 8:29 pm | Posted by: Canadaka
8 Comment

Crude oil traded at US$100 for the first time in history Wednesday, fuelling worries that global demand for oil and petroleum products will outpace supply. A barrel of oil closed at a record $99.62, up $3.64.

Comments

  1. by avatar camerontech
    Thu Jan 03, 2008 12:23 am
    gold at 860ish!

    party at my house I'm buying!!

  2. by Anonymous
    Thu Jan 03, 2008 8:37 pm
    higher higher higher... I want 200 !!!!!!!!!

  3. by avatar Toro
    Fri Jan 04, 2008 12:32 am
    "camerontech" said
    gold at 860ish!

    party at my house I'm buying!!


    amen

  4. by avatar Freakinoldguy
    Fri Jan 04, 2008 5:36 am
    "Newsbot" said
    <strong>Title: </strong> <a href="/link.php?id=28689" target="_blank">Crude oil price tops $100 per barrel, sets record</a> (click to view)

    <strong>Category:</strong> <a href="/news/topic/17-business" target="_blank">Business</a>
    <strong>Posted By: </strong> <a href="/modules.php?name=Your_Account&op=userinfo&username=Canadaka" target="_blank">Canadaka</a>
    <strong>Date: </strong> 2008-01-02 20:29:49
    <strong>Canadian</strong>


    Everytime I see the prices go up like this per barrel, I can't help but think of the documentary "Enron The Smartest Guys in the Room".

    We have two trends of thought when it comes to oil prices. The majority of analysts say that the prices should be around 60-80 dollars per barrel and then we have the price will go over 150 dollars per barrel bunch.

    Now don't get me wrong here, since I'm not accusing anyone of fixing the market...........but............ somehow, the minority 150 dollar per barrel bunch, seem to always be correct when it comes to judging the price per barrel. I guess besides being shrewd traders they're clairvoiyant. ROTFL

    Just a thought.


  5. by avatar camerontech
    Fri Jan 04, 2008 6:12 am
    who cares what they say? we all knew gold an oil prices were going to go through he roof....all you had to do was invest in the proper markets. I just didn't think it was going to happen this fast!

    It might suck at the pumps...but I'm still fortunate enough to have a company truck. Woot woot!

  6. by avatar martin14
    Fri Jan 04, 2008 3:01 pm
    "Freakinoldguy" said
    <strong>Title: </strong> <a href="/link.php?id=28689" target="_blank">Crude oil price tops $100 per barrel, sets record</a> (click to view)

    <strong>Category:</strong> <a href="/news/topic/17-business" target="_blank">Business</a>
    <strong>Posted By: </strong> <a href="/modules.php?name=Your_Account&op=userinfo&username=Canadaka" target="_blank">Canadaka</a>
    <strong>Date: </strong> 2008-01-02 20:29:49
    <strong>Canadian</strong>


    Everytime I see the prices go up like this per barrel, I can't help but think of the documentary "Enron The Smartest Guys in the Room".

    We have two trends of thought when it comes to oil prices. The majority of analysts say that the prices should be around 60-80 dollars per barrel and then we have the price will go over 150 dollars per barrel bunch.

    Now don't get me wrong here, since I'm not accusing anyone of fixing the market...........but............ somehow, the minority 150 dollar per barrel bunch, seem to always be correct when it comes to judging the price per barrel. I guess besides being shrewd traders they're clairvoiyant. ROTFL

    Just a thought.




    it's cause they are fixing the market.. for their own profit of course..

  7. by Anonymous
    Fri Jan 04, 2008 3:36 pm
    "martin14" said
    <strong>Title: </strong> <a href="/link.php?id=28689" target="_blank">Crude oil price tops $100 per barrel, sets record</a> (click to view)

    <strong>Category:</strong> <a href="/news/topic/17-business" target="_blank">Business</a>
    <strong>Posted By: </strong> <a href="/modules.php?name=Your_Account&op=userinfo&username=Canadaka" target="_blank">Canadaka</a>
    <strong>Date: </strong> 2008-01-02 20:29:49
    <strong>Canadian</strong>


    Everytime I see the prices go up like this per barrel, I can't help but think of the documentary "Enron The Smartest Guys in the Room".

    We have two trends of thought when it comes to oil prices. The majority of analysts say that the prices should be around 60-80 dollars per barrel and then we have the price will go over 150 dollars per barrel bunch.

    Now don't get me wrong here, since I'm not accusing anyone of fixing the market...........but............ somehow, the minority 150 dollar per barrel bunch, seem to always be correct when it comes to judging the price per barrel. I guess besides being shrewd traders they're clairvoiyant. ROTFL

    Just a thought.




    it's cause they are fixing the market.. for their own profit of course..

    you bettcha buddy :wink:

  8. by Anonymous
    Fri Jan 04, 2008 3:37 pm
    "martin14" said
    <strong>Title: </strong> <a href="/link.php?id=28689" target="_blank">Crude oil price tops $100 per barrel, sets record</a> (click to view)

    <strong>Category:</strong> <a href="/news/topic/17-business" target="_blank">Business</a>
    <strong>Posted By: </strong> <a href="/modules.php?name=Your_Account&op=userinfo&username=Canadaka" target="_blank">Canadaka</a>
    <strong>Date: </strong> 2008-01-02 20:29:49
    <strong>Canadian</strong>


    Everytime I see the prices go up like this per barrel, I can't help but think of the documentary "Enron The Smartest Guys in the Room".

    We have two trends of thought when it comes to oil prices. The majority of analysts say that the prices should be around 60-80 dollars per barrel and then we have the price will go over 150 dollars per barrel bunch.

    Now don't get me wrong here, since I'm not accusing anyone of fixing the market...........but............ somehow, the minority 150 dollar per barrel bunch, seem to always be correct when it comes to judging the price per barrel. I guess besides being shrewd traders they're clairvoiyant. ROTFL

    Just a thought.




    it's cause they are fixing the market.. for their own profit of course..

    you bettcha buddy :wink: wouldn't be fixing it for yours



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