Oil closes above $81.52 per barrel

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Just one thing missing....Not ONE Black guy, who likes where HE lives,(down south), who hunts, fishes, plants, and does EVERYTHING mentioned in the song.

What in the Sam Hell are you talking about Ole timer?

Bring your tree huggin, black bear lovin, (guess you never had back strap :D ) world is about to melt, socialist Billary supporting yankee arse down here to (OKIE-homa) as you like to refer to us and I will treat you to some of the best Bar-B-Que and Fried Catfish to ever cross your gums, served up by a "Black" family owned restaurant... :shock:

...Better come early, the line is usually out the door!

Some things will NEVER change south of the "M/D line"

Sorry "12", IT IS what it IS !

You need to log off and see the world old man! :lol:
 
What in the Sam Hell are you talking about Ole timer?

Bring your tree huggin, black bear lovin, (guess you never had back strap :D ) world is about to melt, socialist Billary supporting yankee arse down here to (OKIE-homa) as you like to refer to us and I will treat you to some of the best Bar-B-Que and Fried Catfish to ever cross your gums, served up by a "Black" family owned restaurant... :shock:

...Better come early, the line is usually out the door!
You need to log off and see the world old man! :lol:

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Can't argue with your last sentence there "12".

Been Itchin' to go up to NW Montana, cross the border, following the Canadian Rockies all the way up to the Yukon, then "bang a left" into FAI/AK.(just to "see what/who I can see") :rolleyes:
 
FWIW, latest trade on oil futures for November delivery--$88.15/bbl!!!

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Before the close, I heard on CNBC, that the "black gold" ...."tickled" the $90 mark before easing back to the high $80's.

BOY....do I "hate like HEL* " to admit that Eolesen is EVER right about anything....but he did state that oil will go to $100+ :angry:
 
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Can't argue with your last sentence there "12".

Been Itchin' to go up to NW Montana, cross the border, following the Canadian Rockies all the way up to the Yukon, then "bang a left" into FAI/AK.(just to "see what/who I can see") :rolleyes:

Sounds like a plan, you better hurry though if you plan to beat me there! :up:
 
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Making my ol' pal.....................Eolesen's prediction of oil at $100, a "no brainer"

Truth be told(and I DON'T wish ANY airline employee Ill will), the faster the Inevitable occurs, meaning oil goes SO high it eradicates weaker carriers(hopefully into some sort of consolidation for the industry)................THE BETTER !!!!!!!!!!!

$100 a barrel is just the tip of the iceberg Ole timer, all those faithful suburban owners are in for a huge shocker....Just wait until the rationing begins!!!! :shock:

World oil production has already peaked and will fall by half as soon as 2030, according to a report which also warns that extreme shortages of fossil fuels will lead to wars and social breakdown.
The German-based Energy Watch Group will release its study in London today saying that global oil production peaked in 2006 - much earlier than most experts had expected. The report, which predicts that production will now fall by 7% a year, comes after oil prices set new records almost every day last week, on Friday hitting more than $90 (£44) a barrel.

"The world soon will not be able to produce all the oil it needs as demand is rising while supply is falling. This is a huge problem for the world economy," said Hans-Josef Fell, EWG's founder and the German MP behind the country's successful support system for renewable energy.
The report's author, Joerg Schindler, said its most alarming finding was the steep decline in oil production after its peak, which he says is now behind us.

The results are in contrast to projections from the International Energy Agency, which says there is little reason to worry about oil supplies at the moment.

However, the EWG study relies more on actual oil production data which, it says, are more reliable than estimates of reserves still in the ground. The group says official industry estimates put global reserves at about 1.255 gigabarrels - equivalent to 42 years' supply at current consumption rates. But it thinks the figure is only about two thirds of that.

Global oil production is currently about 81m barrels a day - EWG expects that to fall to 39m by 2030. It also predicts significant falls in gas, coal and uranium production as those energy sources are used up.

Britain's oil production peaked in 1999 and has already dropped by half to about 1.6 million barrels a day.

The report presents a bleak view of the future unless a radically different approach is adopted. It quotes the British energy economist David Fleming as saying: "Anticipated supply shortages could lead easily to disturbing scenes of mass unrest as witnessed in Burma this month. For government, industry and the wider public, just muddling through is not an option any more as this situation could spin out of control and turn into a complete meltdown of society."

Mr Schindler comes to a similar conclusion. "The world is at the beginning of a structural change of its economic system. This change will be triggered by declining fossil fuel supplies and will influence almost all aspects of our daily life."

http://www.guardian.co.uk/oil/story/0,,2196435,00.html
 

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Great time to be a Canadian citizen !!

Second MOST oil reserves in the WORLD, second only to Saudi Arabia, PLUS canadian dollar very healthy..vs.....(fast becoming)...USA..."Monopoly money"

As far as the health of the Dollar, well just THANK ol' EL-CHIMPO, who has WASTED Multi-BILLIONS in Iraq, and has done something NEVER EVER seen before, in the GOP............................Out Spend Democrats !!!!!!!!!!!

This A$$ HOLE..will DEFINITELY go down in US HISTORY Books, and his like(IMHO) will NEVER be seen EVER again.

Ah, but it's not BAD for everyone.
The RICH keep getting RICHER, and some(former) Middle class USA citizens are qualifying for FOOD STAMPS.

Capitalism at ANY COST :up: :up: :up: ....."ROCK ON" >>>>> EL-CHIMPO, ROCK ON :down: