The Conservative Cave
Current Events => The DUmpster => Topic started by: franksolich on May 08, 2008, 06:10:07 AM
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http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x3256950
Oh my.
This is surely unexpected, and the mountain man primitive apparently actually believes it.
ThomWV Donating Member (1000+ posts) Wed May-07-08 07:03 PM
Original message
Prediction: The Oil Price Bubble Is About To Burst
Within the week, possibly as early as tomorrow, you will see a notable drop in crude prices.
Much scorn and derision among the primitives, who know nothing more than the mountain man primitive does.
ThomWV Donating Member (1000+ posts) Wed May-07-08 07:30 PM
Response to Reply #13
15. In February I said within 18 months you'd see prices at or below $75.
I believe that was how I put it. I actually think it will settle in the $45~60 range myself.
ThomWV Donating Member (1000+ posts) Wed May-07-08 07:39 PM
Response to Reply #16
18. Dam me and my intemperate statements
ThomWV Donating Member (1000+ posts) Wed May-07-08 07:38 PM
Response to Original message
17. You folks should pay more attention to the real world and less to the doomsayers.
Things are happening all over the world that demand that the price of oil come down, and today it was more apparent than ever that the people who are buying into the speculative market today - and I mean this afternoon - for oil are about to lose their collective asses.
Anyway everyone better hope I'm right because if I'm not we're all screwed.
Oh my.
Don't anybody buy any petroleum futures today.
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Put your beliefs to the test, Thommie Boy, hock everything and sell oil short!
:rotf:
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Things are happening all over the world that demand that the price of oil come down, and today it was more apparent than ever that the people who are buying into the speculative market today - and I mean this afternoon - for oil are about to lose their collective asse
Like a doubling of demand for cars in India and China?
Like a democrat congress that forbids exploration and drilling for oil in the USA?
Like environmentals suing to stop underground exploration of the Arctic?
Like communist totalitarian governments nationalizing oil production and seeing lower production?
Like Islamic terror groups blowing up pipelines and production facilities in Africa?
Yes things are happening.