Brent crude
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Brent crude         


Date: Sep 16, 2008 01:12

Slumps another 3.33%% in one day into the mid $90s bad news for the science
free ecoloons who think driving is a bad thing. (I use the word think quite
incorrectly in relation to these people.) The continuing fall in the price of
oil despite OPEC reintroducing it's production caps is down to investors
moving away from oil into other commodities freeing up the large reserves
they were holding onto. It looks like those who predicted the $200 barrel and
an early end to oil were about as far from the mark as you can get

--
If we diverted all funding from climate change research into an examination
of the tooth fairy you'd have a list of BScs and PhDs as long as my arm with
computer models of her wings and credible theories as to her phone number.

Member of D.N.A.
National Dyslexics Association
1 Comment
Re: Brent crude         


Author: Abo
Date: Sep 16, 2008 05:15

Depresion wrote:
> Slumps another 3.33%% in one day into the mid $90s bad news for the science
> free ecoloons who think driving is a bad thing. (I use the word think quite
> incorrectly in relation to these people.) The continuing fall in the price of
> oil despite OPEC reintroducing it's production caps is down to investors
> moving away from oil into other commodities freeing up the large reserves
> they were holding onto. It looks like those who predicted the $200 barrel and
> an early end to oil were about as far from the mark as you can get
>
Be nice to see the lower price passed down the line at some point though...

--
Abo
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