Oil $36,000: U.S. slaps new sanctions on Iran

Discussion in 'Commodity Futures' started by Daal, Oct 25, 2007.

  1. Daal


  2. Poole


  3. Haha Motherfuckers, I'm back! Oil @ $91 is unhealthy for everyone except OPEC and my futures.

    Crude's price is just a combination of an inelastic commodity, limited supply, and the true inflation rate. It's a perfect storm. Even speculation is causing the price to rise due to its inelasticity of demand. That's ultra rare and maybe even unprecedented?

    It's going to be very interesting to see where oil goes over the next couple of years.
  4. Hopefully $150.00 per barrel if we count our blessings.
  5. Poole


    im guessing you dont own a hummer?
  6. Honda - and it takes REGULAR gas, not premium.