Oil Price Bubble about to BURST

[rahvin]

Originally posted by: KalbiQFT. 95% of the ppl on this forum don't even know what futures trading is to start with. Geek/Computer nerd does not necessarily equate to "intelligence." I've noticed a lot of ppl on this board think they are "smart." Gives me a chuckle now and then.

If they are so certain of their uninformed opinion they should put their money where their mouth is and purchase some $70 contracts on oil futures for 3 months out. Say 5000 contracts or so.

 

[OS]

Originally posted by: Amused

Originally posted by: EyeMWing

Originally posted by: KLin
pic of oil price history

In other words, it has everything to do with politics and NOTHING to do with S&D. Thanks for clarifying.

Well, the supply has to do with politics, and price gouging by OPEC.

The simplistic anti-capitalist types like to blame "big oil" for the price fluctuations when they have very little to do with it. The price is, for the most part, controlled by OPEC. The rest of the control is fear and speculation.

Depending who you ask, OPEC has probably lost control of the market.

link

 

[EyeMWing]

Originally posted by: yellowfiero
Its NOT OIL that's the problem!!!! Its the REFINING!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Then why does the price of crude keep going up if the demand (i.e. refinery capacity) isn't changing? Crude is unrefined oil, by the way, in case you were unaware.

 

[thecrecarc]

Originally posted by: Kalbi

Originally posted by: cjgallen

Originally posted by: Kalbi

Originally posted by: Phokus
Forbes is on crack, what a sh1tty editorial.

you're an idiot.

Originally posted by: Kalbi

Originally posted by: DaWhim
bs...

Originally posted by: Kalbi
you're an idiot

Originally posted by: Kalbi
you're an idiot.

Shut the fvck up, moron. Why are you agreeing with both sides?

you're an idiot.

yuor all idiots, now shut the heck up!

 

[Viperoni]

When the bubble pops, I'll bet we're gonna see some big time muscle cars from the big 3.

 

[AnonymouseUser]

Originally posted by: Viperoni
When the bubble pops, I'll bet we're gonna see some big time muscle cars from the big 3.

Oh wow! Wouldn't that be great?!? :roll:

 

[MikeMike]

Originally posted by: Viperoni
When the bubble pops, I'll bet we're gonna see some big time muscle cars from the big 3.

... bigger than 505hp w/ 0-60 in 3.5?

 

[thecrecarc]

Originally posted by: nourdmrolNMT1

Originally posted by: Viperoni
When the bubble pops, I'll bet we're gonna see some big time muscle cars from the big 3.

... bigger than 505hp w/ 0-60 in 3.5?

how about 506hp/0-60 in 3.49

 

[ShotgunSteven]

Originally posted by: Kalbi

Originally posted by: KLin

Originally posted by: Kalbi

Originally posted by: DaWhim
bs...

You're an idiot.

no you're an idiot

Did I stumble into P&N? This sounds like the highly intellectual debates that they pride themselves on over there.

 

[cjgallen]

Originally posted by: Viperoni
When the bubble pops, I'll bet we're gonna see some big time muscle cars from the big 3.

I'd love to see a new Challenger and Camaro.

 

[Viperoni]

Originally posted by: AnonymouseUser

Originally posted by: Viperoni
When the bubble pops, I'll bet we're gonna see some big time muscle cars from the big 3.

Oh wow! Wouldn't that be great?!? :roll:

I wouldn't mind seeing a 750hp version of a Corvette Z06 in showrooms across the country.

 

[KLin]

Originally posted by: ShotgunSteven

Originally posted by: Kalbi

Originally posted by: KLin

Originally posted by: Kalbi

Originally posted by: DaWhim
bs...

You're an idiot.

no you're an idiot

Did I stumble into P&N? This sounds like the highly intellectual debates that they pride themselves on over there.

Shut up communist. 😛

 

[Baked]

Things that will not go down any time soon. Cali home prices and US oil prices.

 

[Kalbi]

Originally posted by: KLin

Originally posted by: ShotgunSteven

Originally posted by: Kalbi

Originally posted by: KLin

Originally posted by: Kalbi

Originally posted by: DaWhim
bs...

You're an idiot.

no you're an idiot

Did I stumble into P&N? This sounds like the highly intellectual debates that they pride themselves on over there.

Shut up communist. 😛

ROFL shut up capitalist pig. 😛

 

[FoBoT]

Originally posted by: nourdmrolNMT1

Originally posted by: Citrix
shens, there is no way crude will be down to 25-30 bucks a barrel by next year. dont be suprised if its 90-100 bucks a barrel this time next year.

who do i trust, Citrix, or Forbes... hmmm

is Citrix a billionaire?

 

[ShotgunSteven]

Originally posted by: FoBoT

Originally posted by: nourdmrolNMT1

Originally posted by: Citrix
shens, there is no way crude will be down to 25-30 bucks a barrel by next year. dont be suprised if its 90-100 bucks a barrel this time next year.

who do i trust, Citrix, or Forbes... hmmm

is Citrix a billionaire?

No, but he tucks his allowance under his mattress every week!

 

[EatSpam]

Originally posted by: Viperoni
When the bubble pops, I'll bet we're gonna see some big time muscle cars from the big 3.

Nah, just more massive SUVs for housewives with horrible sex lives.

 

[AmdEmAll]

Peak oil is here, face reality.

 

[Wonderful Pork]

man, that would really make my week.

 

[zugzoog]

Forbes is not the only one to make the prediction. The CEO of one of the largest resource companies has made a prediction of a fall of $20 a barrel. Linky

 

[bootymac]

Originally posted by: Viperoni
When the bubble pops, I'll bet we're gonna see some big time muscle cars from the big 3.

You mean Toyota, Honda, and Nissan? 😉

 

[mitmot]

kalbi is right. that is all.

 

[exilera]

For every article you can find that agrees with what Forbes said in his editorial, there's two others that contradict it with also credible sources. Speculation is pointless.

 

[Triumph]

Oil (gasoline) prices will stay high because we're showing that we're obviously willing to pay for it. How many of you have actually curbed your spending at the pump because of the high prices?

 

[bleeb]

Especially with Bush at the helm... his oil rich friends wouldn't approve of this message.