Breaking News: Crude Oil Futures Have Hit Record High

Chat about anything and everything... (well almost anything) Whether it be the front porch or the pot belly stove or news of interest or a topic of your liking, this is the place to post it.

Moderator: S2k Moderators

Message
Author
User avatar
wx247
S2K Supporter
S2K Supporter
Posts: 14279
Age: 42
Joined: Wed Feb 05, 2003 10:35 pm
Location: Monett, Missouri
Contact:

Breaking News: Crude Oil Futures Have Hit Record High

#1 Postby wx247 » Sun Aug 01, 2004 9:27 pm

$43.92 according to Bloomberg.

It is going to be very interesting to see how the US Markets handle this news tomorrow.

It is already tomorrow in Japan. The Nikkei Index down -82.38 at this time. That is close to 0.8%.
Last edited by wx247 on Sun Aug 01, 2004 9:37 pm, edited 1 time in total.
0 likes   
Personal Forecast Disclaimer:
The posts in this forum are NOT official forecast and should not be used as such. They are just the opinion of the poster and may or may not be backed by sound meteorological data. They are NOT endorsed by any professional institution or storm2k.org. For official information, please refer to the NHC and NWS products.

User avatar
azsnowman
Category 5
Category 5
Posts: 8591
Joined: Wed Feb 05, 2003 8:56 pm
Location: Pinetop Arizona. Elevation 7102' (54 miles west of NM border)

#2 Postby azsnowman » Sun Aug 01, 2004 9:30 pm

WELL FOLKS, better go FUEL UP tomorrow, you KNOW what THIS means......

Dennis
0 likes   

User avatar
Lindaloo
Category 5
Category 5
Posts: 22658
Joined: Sat Mar 29, 2003 10:06 am
Location: Pascagoula, MS

#3 Postby Lindaloo » Sun Aug 01, 2004 9:46 pm

Blame it on OPEC!!
0 likes   

User avatar
streetsoldier
Retired Staff
Retired Staff
Posts: 9705
Joined: Wed Feb 05, 2003 11:33 pm
Location: Under the rainbow

#4 Postby streetsoldier » Mon Aug 02, 2004 1:04 am

This news hasn't helped my royalty checks...the last one received was for a princely $.34. That's right, ladies and gents, thirty-four cents! :eek:
0 likes   

User avatar
Stephanie
S2K Supporter
S2K Supporter
Posts: 23843
Age: 63
Joined: Thu Feb 06, 2003 9:53 am
Location: Glassboro, NJ

#5 Postby Stephanie » Mon Aug 02, 2004 9:29 am

That's disgusting Bill !
0 likes   

User avatar
wx247
S2K Supporter
S2K Supporter
Posts: 14279
Age: 42
Joined: Wed Feb 05, 2003 10:35 pm
Location: Monett, Missouri
Contact:

#6 Postby wx247 » Mon Aug 02, 2004 3:40 pm

Crude oil actually ended the session down $.02 to $43.80 a barrel.
0 likes   
Personal Forecast Disclaimer:
The posts in this forum are NOT official forecast and should not be used as such. They are just the opinion of the poster and may or may not be backed by sound meteorological data. They are NOT endorsed by any professional institution or storm2k.org. For official information, please refer to the NHC and NWS products.

User avatar
streetsoldier
Retired Staff
Retired Staff
Posts: 9705
Joined: Wed Feb 05, 2003 11:33 pm
Location: Under the rainbow

#7 Postby streetsoldier » Mon Aug 02, 2004 6:46 pm

What that means, Steph, is that the oil is NOT being produced here, but the prices are coming solely from the OPEC cartel. :grrr:
0 likes   

User avatar
Stephanie
S2K Supporter
S2K Supporter
Posts: 23843
Age: 63
Joined: Thu Feb 06, 2003 9:53 am
Location: Glassboro, NJ

#8 Postby Stephanie » Mon Aug 02, 2004 6:54 pm

Gotcha Bill!
0 likes   


Return to “Off Topic”

Who is online

Users browsing this forum: No registered users and 15 guests