Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
1 highest price for oil in 2006?

$117

2 year-end price for oil, 2006?

$83.17

3 (I plead too much ignorance to even form wild guesses about natural gas prices.  Crudely, however--expect screaming)

4 On what date will 100$/bl oil be reached? And cause?

Spike starting in September, as the combination of continued Bushmanagement of affairs in/with the Mid-East AND hurricane season effects create major market jitters.  Spike peaks Oct 5th, and has major impacts on the US elections.

How oft the sight of means to do ill deeds Makes ill deeds done. Shakespeare; King John

by ogre (p-mclaughlin@REMOVETHIScox.net) on Sun Jan 1st, 2006 at 05:17:51 AM EST
forgot to comment that I think that the US$ will slide some during the year as the chrome-plated cheap plastic fittings come off the bush "recovery".  Part of the price rise will be felt more in the USA because it's in dollars... which won't be worth as much.

I'm guessing that by 2007, we'll see oil pegged to some sort of standard basket of currencies, including the euro and the dollar, diminishing the dollar's importance....

How oft the sight of means to do ill deeds Makes ill deeds done. Shakespeare; King John

by ogre (p-mclaughlin@REMOVETHIScox.net) on Sun Jan 1st, 2006 at 05:21:31 AM EST
[ Parent ]

Display:

Top Diaries

Occasional Series