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Peak Oil - seniority takes on a new meaning!!

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Fragrant Harbour A forum for the large number of pilots (expats and locals) based with the various airlines in Hong Kong. Air Traffic Controllers are also warmly welcomed into the forum.

Peak Oil - seniority takes on a new meaning!!

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Old 10th May 2008, 07:23
  #21 (permalink)  
 
Join Date: Jan 2006
Location: England
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Cool What's he smokin'?

If you carry on like that TOGA, you'll have the Mounties around looking for your supply of skunk.......

Perhaps it would be more apposite to worry about this:

http://news.bbc.co.uk/1/hi/business/7389499.stm

Last edited by Kitsune; 10th May 2008 at 07:34. Reason: more info
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Old 11th May 2008, 16:03
  #22 (permalink)  
 
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Guys it's a barrel, not a barrol nor a barril. Basic stuff.

The oil price will ease by the end of the year, futures curves are showing decline, as are certain indicators of demand - in addition, capacity is due to increase shortly Also do note that while the price of the black stuff has risen, the cost has done to to a lesser degree.

If you're interested, you can invest in oil - and indeed many of its derivatives, via ETFS, both long and short. You'll find the price movements far outstrip those at the petrol pump. It's another bubble, as were dot coms, property, all the way back to the South Sea bubble. Profit from it rather than welcoming in the end of the world.
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