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Author	Topic: [Poll: 2006.29]: With crude oil reaching record highs, do you think it will re...	Topic is locked Back to Topics

JT Moderator	Message Posted: Jul 16, 2006 12:01:00 AM Ignore JT Report Abuse With crude oil reaching record highs, do you think it will reach $85 US per barrel by the end of summer? Yes No Unsure Post your thoughts about this poll below.

Moderator

Message Posted: Jul 16, 2006 12:01:00 AM

Ignore JT Report Abuse

With crude oil reaching record highs, do you think it will reach $85 US per barrel by the end of summer?
Yes
No
Unsure

Post your thoughts about this poll below.

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soutxed Champion Author Texas Posts:14,520 Points:2,210,915 Joined:May 2006	Message Posted: Sep 20, 2008 10:02:53 AM Ignore soutxed Report Abuse Prices will go up as long as we depend on OPEC. Drill Baby Drill.
Paz37 Sophomore Author Worcester Posts:123 Points:21,535 Joined:Jul 2008	Message Posted: Aug 20, 2008 7:14:08 AM Ignore Paz37 Report Abuse interesting seeing this question now, 1 year later.
Z51Corvette Champion Author Austin Posts:8,475 Points:1,669,245 Joined:Jan 2008	Message Posted: Aug 17, 2008 12:40:38 AM Ignore Z51Corvette Report Abuse Based on the date of this report... No it won't... but in the future... Yes!
narcar1973 Champion Author St. Louis Posts:1,637 Points:172,475 Joined:Jul 2008	Message Posted: Aug 5, 2008 4:48:12 PM Ignore narcar1973 Report Abuse double that for 2008
gasisoutrageous Champion Author Lansing Posts:8,585 Points:926,830 Joined:May 2008	Message Posted: Jun 28, 2008 11:04:29 AM Ignore gasisoutrageous Report Abuse It may reach $170 a barrel by the end of this summer.
Philmar Sophomore Author Cleveland Posts:248 Points:76,475 Joined:Mar 2008	Message Posted: Jun 13, 2008 11:17:36 PM Ignore Philmar Report Abuse Yes
wayneorchristie Rookie Author Jackson Posts:33 Points:10,535 Joined:Mar 2008	Message Posted: Apr 22, 2008 3:32:50 PM Ignore wayneorchristie Report Abuse It already has. It is $118.00 today
Blubberpuppy Champion Author Baltimore Posts:18,355 Points:1,902,885 Joined:Dec 2006	Message Posted: Apr 22, 2008 11:23:21 AM Ignore Blubberpuppy Report Abuse Better to ask will it reach $150 this Summer? Very much a possibility.
angeleyes606 Rookie Author Kentucky Posts:70 Points:14,975 Joined:May 2007	Message Posted: Apr 13, 2008 1:36:51 PM Ignore angeleyes606 Report Abuse YES
YB1234 Champion Author Twin Cities Posts:7,565 Points:1,739,315 Joined:Sep 2005	Message Posted: Apr 7, 2008 10:57:38 PM Ignore YB1234 Report Abuse Yes
YB1234 Champion Author Twin Cities Posts:7,565 Points:1,739,315 Joined:Sep 2005	Message Posted: Apr 7, 2008 10:57:32 PM Ignore YB1234 Report Abuse Yes
YB1234 Champion Author Twin Cities Posts:7,565 Points:1,739,315 Joined:Sep 2005	Message Posted: Apr 7, 2008 10:57:27 PM Ignore YB1234 Report Abuse Yes
YB1234 Champion Author Twin Cities Posts:7,565 Points:1,739,315 Joined:Sep 2005	Message Posted: Apr 7, 2008 10:57:22 PM Ignore YB1234 Report Abuse Yes
YB1234 Champion Author Twin Cities Posts:7,565 Points:1,739,315 Joined:Sep 2005	Message Posted: Apr 7, 2008 10:57:16 PM Ignore YB1234 Report Abuse Yes
Guido4 Champion Author Pensacola Posts:13,044 Points:2,670,365 Joined:Jun 2005	Message Posted: Mar 9, 2008 8:49:59 AM Ignore Guido4 Report Abuse yes...
Dorkchop Champion Author Maryland Posts:11,386 Points:1,794,590 Joined:Dec 2006	Message Posted: Jan 15, 2008 9:42:00 AM Ignore Dorkchop Report Abuse Unfortunately that's outdated. More like $115 per barrel by this summer is highly likely to be true, if not more.
Guido4 Champion Author Pensacola Posts:13,044 Points:2,670,365 Joined:Jun 2005	Message Posted: Jan 9, 2008 6:45:29 AM Ignore Guido4 Report Abuse yes...
ED6 Champion Author Riverside Posts:9,474 Points:1,849,180 Joined:Jul 2007	Message Posted: Nov 30, 2007 9:29:23 PM Ignore ED6 Report Abuse I think it's time to update this question.
Guido4 Champion Author Pensacola Posts:13,044 Points:2,670,365 Joined:Jun 2005	Message Posted: Nov 13, 2007 6:41:44 AM Ignore Guido4 Report Abuse Yes and then sum
gator2002 Champion Author Calgary Posts:11,001 Points:2,565,375 Joined:Jul 2003	Message Posted: Nov 2, 2007 8:11:00 PM Ignore gator2002 Report Abuse yes
buddydill Champion Author Kentucky Posts:9,799 Points:2,429,460 Joined:Jun 2005	Message Posted: Nov 2, 2007 6:32:51 PM Ignore buddydill Report Abuse no
thinkaboutit Champion Author Colorado Posts:1,069 Points:75,710 Joined:Jul 2005	Message Posted: Oct 29, 2007 10:44:16 PM Ignore thinkaboutit Report Abuse The no-sayers were wrong, the only uncertainty being whether greater than $85 per barrel happened in 2007 or 2008. I find it amusing that so many are attempting to explain the oil price in terms of short term factors like seasons (holidays), supply accidents, or political events. These factors have always been there and will always be there. They affect(ed) oil price by less than +/-20%, regardless whether the price was/is/will be $20, $40, $80, or $160 per barrel. The reason for the current (perceived high) oil price cannot be any of these short term factors, making it very likely that the underlying reason is that oil companies could not replace from new finds what they have produced. Prices will have to go high enough to cut consumption. Reduced consumption can also happen because of customer action, political action, gaslines, or because an economic recession occurs. Personally, I think it should happen before the recession forces it, or before regional physical shortages occur (=gaslines), but that means high prices or forcing consumption cuts which is very unpopular. As long as "business as usual" political scenarios prevail, prices will go higher (the market option of forcing reduced consumption) - just wait for more fed interest rate cuts! [Edited by: thinkaboutit at 10/29/2007 10:51:37 PM EST]
GasXing Champion Author Grand Rapids Posts:9,203 Points:1,848,935 Joined:May 2007	Message Posted: Oct 29, 2007 12:19:27 PM Ignore GasXing Report Abuse If prices keep rising like they are, $85 may soon sound like a bargain!
misstweety Champion Author South Dakota Posts:10,030 Points:2,189,305 Joined:Aug 2005	Message Posted: Oct 18, 2007 6:26:20 PM Ignore misstweety Report Abuse y
buddydill Champion Author Kentucky Posts:9,799 Points:2,429,460 Joined:Jun 2005	Message Posted: Oct 18, 2007 4:25:28 PM Ignore buddydill Report Abuse no
buddydill Champion Author Kentucky Posts:9,799 Points:2,429,460 Joined:Jun 2005	Message Posted: Oct 15, 2007 3:56:24 AM Ignore buddydill Report Abuse no
april4 Champion Author Virginia Beach Posts:12,164 Points:2,398,910 Joined:Oct 2005	Message Posted: Oct 12, 2007 1:16:41 PM Ignore april4 Report Abuse Summer is over, but it is getting there
buddydill Champion Author Kentucky Posts:9,799 Points:2,429,460 Joined:Jun 2005	Message Posted: Oct 11, 2007 8:49:49 AM Ignore buddydill Report Abuse no
buddydill Champion Author Kentucky Posts:9,799 Points:2,429,460 Joined:Jun 2005	Message Posted: Oct 6, 2007 12:12:19 AM Ignore buddydill Report Abuse yes
buddydill Champion Author Kentucky Posts:9,799 Points:2,429,460 Joined:Jun 2005	Message Posted: Oct 2, 2007 7:59:24 PM Ignore buddydill Report Abuse no
memory_of_max Champion Author Little Rock Posts:7,302 Points:1,057,020 Joined:Mar 2007	Message Posted: Oct 2, 2007 2:32:05 AM Ignore memory_of_max Report Abuse yes - and time is on my side now
buddydill Champion Author Kentucky Posts:9,799 Points:2,429,460 Joined:Jun 2005	Message Posted: Sep 28, 2007 3:05:23 PM Ignore buddydill Report Abuse no
throttle Champion Author Maryland Posts:11,982 Points:2,464,695 Joined:Jul 2004	Message Posted: Sep 19, 2007 5:19:08 PM Ignore throttle Report Abuse I voted "no" before; now I'm sot so sure.
april4 Champion Author Virginia Beach Posts:12,164 Points:2,398,910 Joined:Oct 2005	Message Posted: Sep 19, 2007 3:22:02 PM Ignore april4 Report Abuse No
Guido4 Champion Author Pensacola Posts:13,044 Points:2,670,365 Joined:Jun 2005	Message Posted: Sep 13, 2007 6:37:24 AM Ignore Guido4 Report Abuse Its already at $80.00
MnSwede Champion Author Twin Cities Posts:5,063 Points:824,325 Joined:Oct 2005	Message Posted: Sep 9, 2007 6:13:51 PM Ignore MnSwede Report Abuse never
milkman26 Veteran Author Twin Cities Posts:339 Points:171,725 Joined:Aug 2005	Message Posted: Sep 9, 2007 6:11:50 PM Ignore milkman26 Report Abuse no
buddydill Champion Author Kentucky Posts:9,799 Points:2,429,460 Joined:Jun 2005	Message Posted: Sep 7, 2007 4:29:59 PM Ignore buddydill Report Abuse no
throttle Champion Author Maryland Posts:11,982 Points:2,464,695 Joined:Jul 2004	Message Posted: Sep 6, 2007 4:43:21 PM Ignore throttle Report Abuse no
buddydill Champion Author Kentucky Posts:9,799 Points:2,429,460 Joined:Jun 2005	Message Posted: Sep 6, 2007 3:55:49 PM Ignore buddydill Report Abuse no
truckdude Champion Author Twin Cities Posts:3,265 Points:1,333,820 Joined:Feb 2003	Message Posted: Aug 25, 2007 2:48:36 PM Ignore truckdude Report Abuse So far in 2007 it has not reached that level but gasoline sure is getting out of hand on prices
april4 Champion Author Virginia Beach Posts:12,164 Points:2,398,910 Joined:Oct 2005	Message Posted: Aug 24, 2007 7:56:20 AM Ignore april4 Report Abuse No
Gossamerr Veteran Author Nevada Posts:319 Points:196,210 Joined:May 2007	Message Posted: Aug 22, 2007 9:34:02 PM Ignore Gossamerr Report Abuse no
Quazar911 Champion Author Texas Posts:2,070 Points:514,305 Joined:Apr 2007	Message Posted: Aug 22, 2007 8:26:48 PM Ignore Quazar911 Report Abuse It's gonna be close, but I don't think so
bobnks Champion Author Kansas City Posts:11,457 Points:2,210,265 Joined:May 2004	Message Posted: Aug 21, 2007 6:48:52 AM Ignore bobnks Report Abuse no
buddydill Champion Author Kentucky Posts:9,799 Points:2,429,460 Joined:Jun 2005	Message Posted: Aug 21, 2007 6:39:03 AM Ignore buddydill Report Abuse no
buddydill Champion Author Kentucky Posts:9,799 Points:2,429,460 Joined:Jun 2005	Message Posted: Aug 13, 2007 8:20:06 AM Ignore buddydill Report Abuse no
DrWhy Champion Author Los Angeles Posts:1,689 Points:438,870 Joined:May 2004	Message Posted: Aug 10, 2007 3:57:55 PM Ignore DrWhy Report Abuse no
gator2002 Champion Author Calgary Posts:11,001 Points:2,565,375 Joined:Jul 2003	Message Posted: Aug 10, 2007 3:44:48 PM Ignore gator2002 Report Abuse no
buddydill Champion Author Kentucky Posts:9,799 Points:2,429,460 Joined:Jun 2005	Message Posted: Aug 10, 2007 3:36:44 PM Ignore buddydill Report Abuse no