European Tribune - Comments - Countdown to $100 oil (48)

Countdown to $100 oil (48) - 85, 86, 87, 88, ... | 26 comments (26 topical, 0 editorial, 0 hidden)

Re: Countdown to $100 oil (48) - 85, 86, 87, 88, . (none / 1)

Oil prices are breaking records so often these days that news papers have to rewrite their stories twice a day to keep up,

how many times did you have to rewrite this article?

Any idiot can face a crisis - it's day to day living that wears you out.

by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 16th, 2007 at 08:56:48 AM EST

Just the one (4.00 / 2)

But I had started with the FT article headlines "Oil prices above $87" and then saw on their front page that it had becme "oil price nearing $88", while articles in the morning papers still had the close at $876 from yesterday, or even a "above $85 for the first time" title... So that whole series of headlines gave me my intro...

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Tue Oct 16th, 2007 at 09:31:38 AM EST
[ Parent ]

Re: Just the one (none / 1)

$876? That would mean demand destruction...

_{*Lunatic*, n.

One whose delusions are out of fashion.}

by DoDo on Tue Oct 16th, 2007 at 09:53:10 AM EST
[ Parent ]

Re: Just the one (none / 1)

That's the price when you factor in hidden strategic costs.

"Life shrinks or expands in proportion to one's courage." - Anaïs Nin

by Crazy Horse on Tue Oct 16th, 2007 at 10:23:11 AM EST
[ Parent ]

Countdown to $100 oil (48) - 85, 86, 87, 88, ... | 26 comments (26 topical, 0 editorial, 0 hidden)

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