Oil hits record above $130!!!

Discussion in 'Politics & Religion' started by guru-seo, May 21, 2008.

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  1. korr

    korr Peon

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    #81
    I think fiat has been overvalued, especially debt-burdened inflationary fiat. Who thought this paper junk had long term value? Talk about a bubble popping!
     
    korr, Jun 6, 2008 IP
  2. guerilla

    guerilla Notable Member

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    #82
    Based on what?

    If you light a note on fire, it will burn for days. A nice, long, slow burn....
     
    guerilla, Jun 6, 2008 IP
  3. maverick123

    maverick123 Peon

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    #83
    It hit 138 .....getting scarier with every rise :eek:
     
    maverick123, Jun 7, 2008 IP
  4. ziya

    ziya Well-Known Member

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    #84
    Can you imagine oil prices during Iran war ? On first attack to Iran Oil prices will be much higher
     
    ziya, Jun 7, 2008 IP
  5. bogart

    bogart Notable Member

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    #85
    Oil Production since 2005 has been flat at 85 million barrels a day. While the growing economies of China and India have increased the demand for oil.

    The US can do more by increasing the use of nuclear energy. No new nuclear plants have been built since 1979.
     
    bogart, Jun 7, 2008 IP
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