On 26 Aug, 01:28, "nightjar" .me.uk>
wrote:
> "Doug"
riseup.net> wrote in message
>
> news:0bca4b07-dfbb-481b-8cad-7846b40d70ab@m44g2000hsc.googlegroups.com...
> On 24 Aug, 13:49, "Knight Of The Road" hotmail.com>
> wrote:
> ...
>>>> A couple of months ago you speculated on this newsgroup that oil would
>>> reach
>>> ВЈ200 a barrel by the end of the summer.
> ...
>> You are quite wrong, as usual. No surprise there .As I recall it was
>> OPEC who made that prediction, not me.
>
> As I recall, you simply stated it was going to happen, without giving a
> source,
>
You recall wrong. Fod started the thread 'Oil will soar to $200 a
barrol' and I merely commented:
--------------------------
>How much
> has it got to go to, before you get up and do something?
My guess is only when it starts to severely restrict car journeys.
Given the widespread addiction to the car this is not likely to be for
some time yet. Addicts are notorious for sacrificing everything in
their life just to keep their habit going.
------------------------
You see how wrong the self-obsessed motorists who dominate this
transport newsgroup can be?
>
> In any case, from the way you presented it, it would not be
> unreasonable to assume you endorsed the prediction, even if you did not make
> it.. However, As I pointed out at the time, most industry experst were
> predicting a fall to $110 a barrel by the end of September. They didn't know
> of the problems in Georgia at the time, nor of the tropial storms now
> threatening the Gulf of Mexico, which havw slowed down the drop, but it
> still looks as though they will be proved right. The same experts are also
> predicting the price will be down to $50-$70 a barrel by Christmas.
>
Whatever. The reality is that oil is considerably more expensive than
it used to be and therefore costs motorists more, which is not a bad
thing given their hypermobility, perpetual roadbuilding and general
blight on society and the environment.
