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$78 and counting.....


Winstonm

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Yesterday the price of oil reached $78 a barrel. How about we all chip into a pot and pay off the one who comes closest to the day that oil hits $100....then maybe at least one of us could afford to drive that day.

 

Put me down for July 7, 2007. 777...doesn't that win the jackpot?

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When it hits $200 per Gallon, gas will cost about the same in the US as it costs in Europe now. But you're generally richer than we are. You will be able to afford it.

200$ a barrel=10$ a gallon oil

 

I think we will notice at 5$=100$ barrel if it stays there for a long period of time.

$10 will bring about massive change for many, not all good. It will make everything very expensive and consumers would cut back, jobs would be lost, pain felt.

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I think if it goes pass $100 the possibility of a war to annex oil rich countries may become a reality. On trumped up excuses perhaps. But its going to happen.

Already happened, and no need to be so high.

 

What were 9/11 (related to Iraq) and WMD but trumped up excuses?

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Yesterday the price of oil reached $78 a barrel. How about we all chip into a pot and pay off the one who comes closest to the day that oil hits $100....then maybe at least one of us could afford to drive that day.

 

Put me down for July 7, 2007. 777...doesn't that win the jackpot?

i) What do you mean by "oil" ?

ii) What do you mean by "hits $100" ?

 

i) WTI spot, brent 15 day, OPEC basket 1 year forward..... ? On which exchange?

ii) closing price, intra-day high, average, opening?

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Yesterday the price of oil reached $78 a barrel.  How about we all chip into a pot and pay off the one who comes closest to the day that oil hits $100....then maybe at least one of us could afford to drive that day. 

 

Put me down for July 7, 2007.  777...doesn't that win the jackpot?

i) What do you mean by "oil" ?

ii) What do you mean by "hits $100" ?

 

i) WTI spot, brent 15 day, OPEC basket 1 year forward..... ? On which exchange?

ii) closing price, intra-day high, average, opening?

How about light sweet crude - high for the day?

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