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$78 and counting..... Prize pool for oil prices?

#1 User is online   Winstonm 

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Posted 2006-July-14, 23:47

Yesterday the price of oil reached $78 a barrel. How about we all chip into a pot and pay off the one who comes closest to the day that oil hits $100....then maybe at least one of us could afford to drive that day.

Put me down for July 7, 2007. 777...doesn't that win the jackpot?
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#2 User is offline   jikl 

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Posted 2006-July-15, 00:11

Call me cynical, but I am opting for December 24th 2006.

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#3 User is offline   helene_t 

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Posted 2006-July-15, 02:33

When it hits $200 per Gallon, gas will cost about the same in the US as it costs in Europe now. But you're generally richer than we are. You will be able to afford it.
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#4 User is offline   Gerben42 

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Posted 2006-July-15, 03:03

Oil at $100? My guess would be the Thursday before Easter, 2007.
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#5 User is offline   Walddk 

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Posted 2006-July-15, 03:25

January 16, 2007 at 22:37.29 Greenwich Mean Time.

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#6 User is offline   mike777 

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Posted 2006-July-15, 08:46

helene_t, on Jul 15 2006, 03:33 AM, said:

When it hits $200 per Gallon, gas will cost about the same in the US as it costs in Europe now. But you're generally richer than we are. You will be able to afford it.

200$ a barrel=10$ a gallon oil

I think we will notice at 5$=100$ barrel if it stays there for a long period of time.
$10 will bring about massive change for many, not all good. It will make everything very expensive and consumers would cut back, jobs would be lost, pain felt.
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#7 User is offline   Mr. Dodgy 

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Posted 2006-July-15, 13:31

March 5th, 2007
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#8 User is offline   whereagles 

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Posted 2006-July-15, 14:37

Nothing special will happen because oil is at 100, 200 or 500 for that matter. The economy adapts and goes on in "business as usual" fashion.

The real pain comes when supply shortages set in. That's the turnpoint.
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#9 User is offline   Rain 

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Posted 2006-July-16, 07:34

I think if it goes pass $100 the possibility of a war to annex oil rich countries may become a reality. On trumped up excuses perhaps. But its going to happen.
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#10 User is offline   Aberlour10 

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Posted 2006-July-16, 07:51

current price for 1 gallon super gas in Germany- 6,70 US-Dollar ;)


Robert
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#11 User is offline   Gerardo 

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Posted 2006-July-16, 10:05

Rain, on Jul 16 2006, 10:34 AM, said:

I think if it goes pass $100 the possibility of a war to annex oil rich countries may become a reality. On trumped up excuses perhaps. But its going to happen.

Already happened, and no need to be so high.

What were 9/11 (related to Iraq) and WMD but trumped up excuses?

#12 User is offline   luke warm 

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Posted 2006-July-16, 18:15

Rain, on Jul 16 2006, 08:34 AM, said:

I think if it goes pass $100 the possibility of a war to annex oil rich countries may become a reality. On trumped up excuses perhaps. But its going to happen.

ahhh, revising the neutron bomb thread, i see ;)
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#13 User is offline   FrancesHinden 

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Posted 2006-July-17, 07:49

Winstonm, on Jul 15 2006, 06:47 AM, said:

Yesterday the price of oil reached $78 a barrel. How about we all chip into a pot and pay off the one who comes closest to the day that oil hits $100....then maybe at least one of us could afford to drive that day.

Put me down for July 7, 2007. 777...doesn't that win the jackpot?

i) What do you mean by "oil" ?
ii) What do you mean by "hits $100" ?

i) WTI spot, brent 15 day, OPEC basket 1 year forward..... ? On which exchange?
ii) closing price, intra-day high, average, opening?
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#14 User is offline   lalislol 

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Posted 2006-July-17, 08:43

<_<

September 01, 2006...assuming this Mideast nonsense continues.

Wonder if we can persuade Venezuela to become the 51st US state... :unsure:
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#15 User is online   Winstonm 

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Posted 2006-July-17, 12:04

FrancesHinden, on Jul 17 2006, 08:49 AM, said:

Winstonm, on Jul 15 2006, 06:47 AM, said:

Yesterday the price of oil reached $78 a barrel.  How about we all chip into a pot and pay off the one who comes closest to the day that oil hits $100....then maybe at least one of us could afford to drive that day. 

Put me down for July 7, 2007.  777...doesn't that win the jackpot?

i) What do you mean by "oil" ?
ii) What do you mean by "hits $100" ?

i) WTI spot, brent 15 day, OPEC basket 1 year forward..... ? On which exchange?
ii) closing price, intra-day high, average, opening?

How about light sweet crude - high for the day?
"Injustice anywhere is a threat to justice everywhere." Black Lives Matter. / "I need ammunition, not a ride." Zelensky
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