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Crude above 50

Posted on 12/1/16 at 11:24 am
Posted by TigersHuskers
Nebraska
Member since Oct 2014
11310 posts
Posted on 12/1/16 at 11:24 am
How high will it go with OPEC cutting production?


I think 100 is a possibility by next summer
This post was edited on 12/1/16 at 11:25 am
Posted by tigerinthebueche
Member since Oct 2010
36791 posts
Posted on 12/1/16 at 11:25 am to
Hopefully it peaks at about $65
Posted by 19
Flux Capacitor, Fluxing
Member since Nov 2007
33191 posts
Posted on 12/1/16 at 11:26 am to
We shouldn't see 100 again.
Evuh.
Posted by meauxjeaux2
watson
Member since Oct 2007
60283 posts
Posted on 12/1/16 at 11:28 am to
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
21259 posts
Posted on 12/1/16 at 11:29 am to
quote:

I think 100 is a possibility by next summer


I am assuming a troll attempt???

I do not think $100 comes around for a long time (years, maybe decades), unless OPEC decides to just quit exporting entirely. Iraq and Iran are back in the market, plus US Shale is ready to rock.

Of course this is subject to change if we have some Middle East wars break out as usual.
Posted by Superior Pariah
Member since Jun 2009
8457 posts
Posted on 12/1/16 at 11:29 am to
Can't say I wanna pay $40 to fill up my car again. Don't give a shite how many baws are out of the job
Posted by PrivatePublic
Member since Nov 2012
17848 posts
Posted on 12/1/16 at 11:29 am to
As an oil investor, I hope the sky is the limit.
Posted by TigersHuskers
Nebraska
Member since Oct 2014
11310 posts
Posted on 12/1/16 at 11:31 am to
I think OPEC keeps cutting and oil traders are scumsucking weasels who will speculate and drive the price up.

Also I think it takes a while to start fracking again.
Posted by RJL2
Bruno's Tavern
Member since Apr 2015
1933 posts
Posted on 12/1/16 at 11:31 am to
I don't think you understand the impact the oil industry has on the economy as a whole.

Ride a fricking moped if you want to save money that badly
Posted by TigersHuskers
Nebraska
Member since Oct 2014
11310 posts
Posted on 12/1/16 at 11:32 am to
quote:

Can't say I wanna pay $40 to fill up my car again. Don't give a shite how many baws are out of the job


Same here. I drive a pickup and cheap gas is good for me.
Posted by TigersHuskers
Nebraska
Member since Oct 2014
11310 posts
Posted on 12/1/16 at 11:33 am to
Posted by Superior Pariah
Member since Jun 2009
8457 posts
Posted on 12/1/16 at 11:33 am to
quote:

I don't think you understand the impact the oil industry has on the economy as a whole.


Ive been doing just fine...in fact, better since oil prices plummeted.
Posted by dabigfella
Member since Mar 2016
6687 posts
Posted on 12/1/16 at 11:33 am to
lol $100 is never again in your lifetime bro
Posted by meauxjeaux2
watson
Member since Oct 2007
60283 posts
Posted on 12/1/16 at 11:34 am to
Posted by hendersonshands
Univ. of Louisiana Ragin Cajuns
Member since Oct 2007
160104 posts
Posted on 12/1/16 at 11:35 am to
Wow Trump is an hero!
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
32520 posts
Posted on 12/1/16 at 11:36 am to
quote:

I don't think you understand the impact the oil industry has on the economy as a whole.


It hasn't affected my career and won't affect my wife's either (healthcare).
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18315 posts
Posted on 12/1/16 at 11:37 am to
quote:

I don't think you understand the impact the oil industry has on the economy as a whole.

Ride a fricking moped if you want to save money that badly


frick you and your beloved oil industry.
Posted by RockyMtnTigerWDE
War Damn Eagle Dad!
Member since Oct 2010
105415 posts
Posted on 12/1/16 at 11:37 am to
I hope you have to pay 120.00 to fill up your car
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35349 posts
Posted on 12/1/16 at 11:38 am to
quote:

I don't think you understand the impact the oil industry has on the economy as a whole.

Ride a fricking moped if you want to save money that badly


Economy has been fricking rolling since oil prices dropped. Ain't mad about it.
Posted by RJL2
Bruno's Tavern
Member since Apr 2015
1933 posts
Posted on 12/1/16 at 11:39 am to
quote:

frick you and your beloved oil industry.


Well that's rude. I don't work in the industry fwiw. I just realize it is a crucial industry for the US economy.
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