RVR800
21st Sep 2004, 14:28
Oh Dear
http://newsvote.bbc.co.uk/1/shared/fds/hi/business/market_data/commodities/28696/twelve_month.stm
lamina
21st Sep 2004, 15:07
Look on the bright side, my BP and Shell shares are going great guns!!!
Hope everyone has hedged their exposure for the next 12-18 months.
itchy kitchin
21st Sep 2004, 15:19
Christ on a bike!
that is staggering. $50 dollar barrel within 3 months i reckon.
:oh:
Jerricho
21st Sep 2004, 15:53
Christ on a bike!
At this rate, that's all he'll be able to afford to get around on. ;)
Old King Coal
21st Sep 2004, 16:26
Come on guys & gals, wakey, wakey….. the traders rig the market ( as does OPEC - read 'CARTEL' ).
It does not hurt the suppliers or traders if the price of oil goes up – certainly so as demand for oil has not slackened – they’re raking it in !
The more turbulence that there is the energy supply market, or Middle East, or Russia, South America, North and West Africa, etc the greater the amount of money these folks stand to make.
One might even be so bold to suggest that George Bush and his cronies are making a fortune out of the chaos in the oil markets – being oil men themselves – as a result of the chaos that they, to a large extent, have promoted.
Now not withstanding that Saddam was / is an a***hole ( uhm, has anybody found any WMD’s yet ? More like 'Weapons of Mass Distration' ) – it’s pretty rich that some people in high-office have been quite prepared to shake the hand of any despot in order to make the deal ( especially oil deals ) and damn the consequences; and yet some would attempt to convince us that these are supposedly men and women of integrity ? Yeah, right !
http://indymedia.org/images/2003/12/110181.jpg
Above picture shows Iraqi President Saddam Hussein greeting Donald Rumsfeld, then special envoy of President Ronald Reagan, in Baghdad on December 20, 1983. U.S. Government archives hold numerous documents that show US support of Saddam Hussein ( despite the latters use of chemical weapons, external Agression, and Human Rights Abuses )
At least with a horse-trader you know you’re dealing with a crook.