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02-24-2011, 06:07 PM | #2311 | |
"Think BOOM!"
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Quote:
I don't even want to contemplate it.
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02-24-2011, 06:08 PM | #2312 |
FINALLY! The wait is over.
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Hell, I don't know. Bugeater said it, and it sounded cool.
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02-24-2011, 06:09 PM | #2313 |
FINALLY! The wait is over.
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Sounds like now is a good time to go buy a bicycle.
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02-24-2011, 06:09 PM | #2314 |
Molôn Labé
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02-24-2011, 06:12 PM | #2315 |
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I hopeful that this issue in Libya gets resolved (like in Egypt) and crude loses its present panic price factor, dropping back down to around $90 or lower.
But, all eyes should be on the Kingdom. They control 20% of the world's reserves and output about five times what Libya does a day.
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02-24-2011, 06:13 PM | #2316 | |
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02-24-2011, 06:13 PM | #2317 |
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02-24-2011, 06:14 PM | #2318 |
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And do what? The market determines the price and the market is damn jumpy right now. ANY protests or even a THREAT to the Kingdom's production and exports would be a really bad thing.
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02-24-2011, 06:15 PM | #2319 |
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They would bring in the military to prevent sabotage of the oil flow and try to prevent fires
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02-24-2011, 06:16 PM | #2320 | |
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Regardless, crude is a globally-traded commodity. It would have a massive impact on what "we" pay at the pump.
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02-24-2011, 06:16 PM | #2321 |
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I'm not sure about that.
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02-24-2011, 06:17 PM | #2322 |
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02-24-2011, 06:17 PM | #2323 |
Molôn Labé
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02-24-2011, 06:18 PM | #2324 |
Molôn Labé
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02-24-2011, 06:20 PM | #2325 | |
"Think BOOM!"
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Retreating Iraqis set fire to Kuwait's production as a method of scorched earth.
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