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Commodity Trading Discussion Forum

Re: Oil will stay above $120 per barrel *PIC*

Posted By: Rumpelstiltskin
Date: Wednesday, 7 May 2008, at 2:09 p.m.

In Response To: Oil will stay above $120 per barrel (Daniella)

Ten years ago crude was $10.00 a bbl.

It has taken over one hundred years for crude to reach the $100.. a bbl. level.

We have been above the $100.00 level for an entire 2 months .. about 50 trading days ..
and the brains are projecting $200.00 a bbl crude,
while the public follows along like a pack of bobble heads.

200 .. yep .. 200 .. no other possibility exists .. 200 a bbl .. the world is going to ____ .

Good grief ..

well, the sooner the better ..

then we can go for $500.00 a bbl.

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