Monday, July 26, 2010

Do you guy think oil price could rise to $100 a barrel in the future?

and why? looking forward to heard your opinion!Do you guy think oil price could rise to $100 a barrel in the future?
as long as TMZ is still on TV and Macdonalds dont put the prive up too much, who cares.Do you guy think oil price could rise to $100 a barrel in the future?
I'll be running on H2O in my hover craft by then buddy
Yes, it's pretty simple actually.


As the supply of oil goes down, the demand for it goes up, resulting in an increase in price, because there are limited resources and consumers now compete with one another in terms of price to receive the desired product.
yes I think that oil speculators contributed to the economic down turn , they squeezed so much we couldn't afford as much . some day they will have to explain and know double talk like what they did in Alaska
I have no doubt that oil will go up above $100/barrel in the future, given that it was there as recently as this fall and the fact that once we come out of our economic recession, demand will undoubtedly pick up. During economic expansions, demand for oil (and therefore prices) rises, and once we go back to a period of expansion again, we will need more energy for a host of uses. When you take into account the economic expansion of China, Brazil and other nations emerging from the third world and their increasing demand for energy, $100 a barrel oil seems to be not only reasonable, but conservative in the near future.
Depends how much oil we have left and if anyone wants it!
by time it might reach 400
i think more like $200 a barrel. did you see that exxon mobles stock went way down. they have to make record profit to bring thier stock prices back up again! and opec doesn't help either.even though we don't use very much of thier oil
i think it could even go higher.
yes , greed

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