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Current Poll Results

$150 this year?

No Doubt54 %54 %54 % 54.74% (7318)
Probably28 %28 %28 % 28.63% (3827)
Perhaps8 %8 %8 % 8.95% (1196)
Doubtful3 %3 %3 % 3.49% (467)
No Way2 %2 %2 % 2.90% (388)
No Idea1 %1 %1 % 1.29% (173)

Total Votes: 13369


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"$150 this year?" | Login/Create an Account | 14 comments
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Re: $150 this year? (Score: 1)
by prudentrver (sam@prudentrver.com) on Monday, May 12 @ 13:20:19 PDT
(User Info | Send a Message) http://www.prudentrver.com

A $25 increase on $125 is 20%, and there are another 7.5 months to do it. Heck, we have been moving faster than that for the past year. I don't see the bubble that everyone wants to see.


Re: $150 this year? (Score: 1)
by joeltrout on Monday, May 12 @ 15:37:17 PDT
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If the dollar tanks further or a MAJOR disruption then I believe we can see $150. If things continue as of right now I doubt we will see $150. But I could be wrong and actually hope I am.

joeltrout


Re: $150 this year? (Score: 1)
by GASMON (Lifes a gas, Its never going to last.) on Monday, May 12 @ 18:35:34 PDT
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This years the easy bit
$250 - 300 by 2010
Buy a bike !!!!!!!!!!!!!!!!!!!!!!


Re: $150 this year? (Score: 1)
by heroineworshipper on Monday, May 12 @ 19:33:04 PDT
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It's just another 15%. Hair cuts get 20% more expensive every month.


Re: $150 this year? (Score: 1)
by Aaron on Monday, May 12 @ 19:34:45 PDT
(User Info | Send a Message) http://dlf.peakoil.com/4XSITE.html

PO.com's history of price predictions [www.peakoil.com]


Re: $150 this year? (Score: 1)
by smallpoxgirl on Tuesday, May 13 @ 12:04:00 PDT
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I think it probably will hit $150. OTOH, I do think speculation is running the price up some. If all the speculators changed course or if we had an event like Katrina that knocked out a bunch of refining capacity, then it could drop back down to $100 for a few months.


Re: $150 this year? (Score: 1)
by wvcoalminer on Sunday, May 25 @ 12:11:09 PDT
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By the time the next USA president will take office, oil will be 500 US Dollars a more, bringing gas to an average cost of 20 dollars per gallon. And no, I don't own any oil stock or any stock at all. I am a typical West Virginian, living day by day. :)


Re: $150 this year? (Score: 1)
by Harryc on Sunday, May 25 @ 22:46:28 PDT
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That's a given; as long as we permit oil and other commodities to be sold on the stockmarket the speculators control the prices of eveything.


Re: $150 this year? (Score: 1)
by Tourist on Sunday, May 25 @ 23:53:34 PDT
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You betcha! The world's oil supplies are dwindling and the dollar's buying power is crashing through the ocean floor because of our international debts. Even Europeans are considering refusing our money....


Re: $150 this year? (Score: 1)
by ozyran on Tuesday, May 27 @ 00:34:20 PDT
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Give it 2, maybe 3 months, and we'll see it. Right now, oil is already at $133.00/barrel!


Re: $150 this year? (Score: 1)
by Nano on Tuesday, June 03 @ 08:15:41 PDT
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We have banks buying tankfarms and hoarding oil to the tune of at least 25 mbss. Iran is hoarding oil in ships in the gulf totalling at least 20 mbs. Speculation? You betya. But at one point there will be no more places left to store crude, or the bottom pops out and these harders will be forced to sell. We have the first signs american motorist are cutting back their oil consumption some. It all looks like a very good set-up short if you ask me. No $150 this year... Or $100 before we see $150.


Re: $150 this year? (Score: 1)
by Ex_MislTech on Saturday, June 14 @ 18:22:42 PDT
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Well it appears world wide imports of oil declined for the first time in 2005.

By 2007 the decline had grown to
100 million barrels per year.

It was forecast fr growth, but saw a
reduction in imports for the first time
in modern history.

This is a sure sign of peak oil if there
every was one.

http://tonto.eia.doe.gov/dnav/pet/pet_move_impcus_a2_nus_ep00_im0_mbbl_a.htm



Re: $150 this year? (Score: 1)
by gwmss15 on Tuesday, July 01 @ 10:44:01 PDT
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On July 1st 2008 the oil price is very close to USD$144. $143.67 So USD$ 150 is looking very likly how high will it go before Aisa cannot cope with the rising cost of living


Re: $150 this year? (Score: 1)
by TangoRuffian on Saturday, August 30 @ 08:15:00 PDT
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It will reach 150 on 27 August 2009. The 150th anniversity of the oil industry. (lookup Drake's Folly)
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