Getting closer to my prediction that the oil will hit $150 a barrel before Bush leaves office. This is bad!!! Thank you King Bush! http://money.cnn.com/2008/05/21/markets/oil_eia/
It would be extremely difficult for Bernanke and his gang to lower interest rates further given the huge price increases in crude oil.
A couple of hurricanes in the Gulf of Mexico could drive the price to $200 Bernanke is sitting on a time bomb.
Bush hasn't called himself King in years. But you still do. Keep up the good work! (still one of the best threads, ever, on DP). So I assume we have another supporter of nuclear power, shale oil and other sources of energy that are obtainable locally, correct? On and building more refineries too, since it's not a supply issue.
Its sitting on $132.50 and it tested near $133 already. Not sure about the daily high, but I am more certain its going to just keep going up. Just 2 minutes to the FOMC minutes, there could be a big spike coming on more government meddling. **edit 15 minutes later: yeah, oil to $133 as the FOMC lowers economic forecasts Lookout everyone, 3% inflation coming! hahaha
Long live king bush!! I say we just forget about the next election and let him rule until his death and then his family can take over after.
its got nothing to do with "supply fears" thats a cover story, the real price drive is the conflicts there created consequently by the republican party.
You really should change your avatar some. I keep reading your posts and thinking that guerrilla has lost his marbles or has been smoking the wacky.... You give guerrilla a bad name...
I see the avatar and read his words and think - holy cow he must be joking, he isn't that dumb is he? or other posts where I thought he was you and his antisemitism is 100 times greater than yours!
you hate me becuase you cant give a valid response to the thread showing Ahmadinijad with Jews. hahaha, frustration at boiling point 3 cheers for frustration And what the hell you talking about anti-semetism for your the biggest racist on DP. Way to go for going of topic.