European Tribune - Comments - Countdown to $200 oil: $140 oil and speculation

Countdown to $200 oil: $140 oil and speculation | 143 comments (143 topical, 0 editorial, 0 hidden)

Re: Countdown to $200 oil: $140 oil and speculatio (none / 1)

nitpicking, but how do hot summers lead to oil demand? AC runs on elecricity and very little of that is produced with oil. I'd imagine it would hit NG since that tends to be the source for peak demand situations in the electricity market.

by MarekNYC on Fri Jun 27th, 2008 at 02:16:05 PM EST

Re: Countdown to $200 oil: $140 oil and speculatio (none / 1)

Travel?

"Pretending that you already know the answer when you don't is not actually very helpful." ~Migeru.

by poemless on Fri Jun 27th, 2008 at 02:18:47 PM EST
[ Parent ]

Re: Countdown to $200 oil: $140 oil and speculatio (none / 0)

Summer is travel season. Kids out of school, parents taking them on vacation.

Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin

by Drew J Jones (myfriends@thisispancakes.com) on Fri Jun 27th, 2008 at 05:43:57 PM EST
[ Parent ]

Re: Countdown to $200 oil: $140 oil and speculatio (4.00 / 2)

you'd be surprised at how much oil goes into electricity if you check out places like Asia, FL, Italy. Even in NY there were many fuel oil burners just a decade ago. They just weren't used due to pollution regs except in critical peak load times.

by HiD on Sat Jun 28th, 2008 at 05:48:32 AM EST
[ Parent ]

Countdown to $200 oil: $140 oil and speculation | 143 comments (143 topical, 0 editorial, 0 hidden)

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