Article

2008-05-07 Home Front Economy

Oil nears $123 on $200 oil prediction, supply concerns

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Posted by Steve White 2008-05-07 00:00|| || Front Page|| [3 views ] Top

#1 $ 1.54 per gallon for regular is bad, but 1.34 per litre in Germany recently was much worse. Domestic drilling is ONE of the solutions.

Posted by Besoeker 2008-05-07 05:14|| 2008-05-07 05:14|| Front Page Top

#2 Presently at around £1.10 for a litre in the U.K.

Thats about $2.15 for you folks. Diesel is even higher.

Posted by Admiral Allan Ackbar 2008-05-07 08:29|| 2008-05-07 08:29|| Front Page Top

#3 How soon before we short oil? Anyone? I need to make some money here.

Posted by doc 2008-05-07 11:16|| 2008-05-07 11:16|| Front Page Top

#4 #2 Presently at around £1.10 for a litre in the U.K.

Thats about $2.15 for you folks. Diesel is even higher.

Ummm, a liter is about one Quart (Slightly more) so a gallon is 3.9 liters or about $4.29 a gallon, slightly higher than our $3.50 gal currently.

What's that Admiral, Cuttlefish can't add?

Posted by Redneck Jim">Redneck Jim 2008-05-07 13:06|| 2008-05-07 13:06|| Front Page Top

#5 Hey #4 Redneck Jim,

"Presently at around £1.10 for a litre in the U.K"

- that would be about $2.20 a litre times 3.78 litres in a US gallon or about a little over $8.00/gallon USD

What's that Redneck; who can't add now?

Posted by Canuckistan sniper 2008-05-07 13:32|| 2008-05-07 13:32|| Front Page Top

#6 On Good Morning America yesterday, the weather guy was broadcasting from one of the two villages in ANWAR (the southern one, which would be a very long way from the drilling area). It was all about DON'T DRILL HERE EVER!!! They did show one guy from the northern town (where the drilling would be) who was in support of the drilling, but he had few teeth and wasn't nearly as urbane and photogenic as the nice people who opposed the drilling. Made me want to puke!

Posted by remoteman 2008-05-07 16:17|| 2008-05-07 16:17|| Front Page Top

#7 Just saw a Dodge commercial (during the Seattle ballgame) where the perky blonde promises $2.99 a gallon fuel for the next 3 years or first 12,000 / year if you buy their vehicles. didn't catch the small print so don't know what exclusions, but may almost be worthwhile to do so and put the rig on blocks and stick the speedometer cabel in a drill to clock 11,999; i bet $2.99, hell $3.99 is going to look awful cheap in a couple years.

Posted by USN,Ret. 2008-05-07 23:21|| 2008-05-07 23:21|| Front Page Top

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