Welcome to Maxi-Pedia Forum. Maxi-Pedia discussion forum is a free community inviting you to express your ideas and discuss various topics with other contributors.

March 28, 2024, 12:44:32 pm *
Welcome, Guest. Please login or register.
Did you miss your activation email?

Login with username, password and session length
 
   Home   Help Search Login Register  
Most Recent Posts:
Pages: [1]
  Print  
Author
Topic: 

Oil - will the price of oil reach $100 this year?

 (Read 12547 times)
apapunas
Semi-Newbie
*
Posts: 49


« on: March 30, 2009, 08:42:45 pm »

If you look at the price of oil ... $140 last summer, then $36 a few weeks ago, now back to $50. Will it go back to $100?
Logged
Maxi-Pedia Forum
« on: March 30, 2009, 08:42:45 pm »

 Logged
steven
Full Member
***
Posts: 223


« Reply #1 on: April 13, 2009, 01:43:31 pm »

I am sure it will. As soon as the economy starts to expand, there will be thirst for oil again. In addition to that, as soon as inflation kicks in, US dollar will sink which will push the price of oil up. Everyone who has free money, buy oil now.
Logged
TanyVady73
Semi-Newbie
*
Posts: 10


« Reply #2 on: November 21, 2009, 04:28:29 pm »

With the situation in the middle east so uncertain and potential for more ecological problems this year. Will oil go above 100 per barrel this year?
Logged
steven
Full Member
***
Posts: 223


« Reply #3 on: November 23, 2009, 09:53:23 pm »

Oh yeah, what did I say in April when the oil was $40/barrel. I wish I had bought more back then.  Grin I do not think it will go over $100 this year, but it is sure bet it will go over next year. Dollar is on the slide, and it will fall further - just that alone is a great predictor of the oil apreciating.
Logged
Maxi-Pedia Forum
   

 Logged
Pages: [1]
  Print  
 
Jump to:  

Page created in 0.094 seconds with 22 queries. (Pretty URLs adds 0s, 0q)