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Economy
Ecstrat's Emad Mostaque: Crude oil prices may hit $130 pb in 2017
2015-10-24
Certainly something to watch.
Plenty of people ready to crank up their fracking operations when the price goes up a bit.
Posted by:Besoeker

#8  ..if the Socialist go gun grabbing, it could be domestic. Little cold in the winter in the NE without heating oil or gas.
Posted by: Procopius2k   2015-10-24 16:27  

#7  Geez, don't give 'em any ideas, #6 Glenmore.
Posted by: Barbara   2015-10-24 14:19  

#6  Sink an oil tanker in the Houston Ship Channel, or New York harbor, or any other major Western oil port and watch all oil shipments to, among or from US ports to be shut down to 'save the planet.' Wreck a train in a sensitive spot or blow a pipeline in the Boston-Washington corridor and shut ALL oil shipments down. How long will the gas station lines have to get before things change?
Posted by: Glenmore   2015-10-24 13:56  

#5  Sink an oil freighter in the strait of Hormuz and the price will go up. Many are capable of this.
Posted by: Anguper Hupomosing9418   2015-10-24 12:49  

#4  There are a lot of drilled but unfinished wells in Shale Country waiting for the price to rise.
Posted by: Betty Hitler2611   2015-10-24 10:19  

#3  No need to bomb any thing. Just seize the shipping as it comes out of the Gulf of Suez, Persian Gulf or any number of covenient choke points. Our friends and allies get it at fourty bucks a barrel. France and the rest get it say 200.
Posted by: Cheaderhead   2015-10-24 10:17  

#2  Concentrated processing, loading and shipping facility choke points are much more effective targets, grom.
Posted by: Skidmark   2015-10-24 09:28  

#1  After Russians nuke Soody oil fields?
Posted by: g(r)omgoru   2015-10-24 02:18  

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