Re: oil prices?
The following is my speculation. Ignoring any political/terrorist/weather
related issues I would expect stabilization in the 55-60 range. Production
is increasing and a bit more use is being made of alternatives, however the
global economy is still expanding and will thus offset these negative
effects. Oil companies should yet make record earnings with oil in this
range. Old hedge contracts at lower prices continue to expire and will be
reissued at higher prices. Also, as I mentioned , most will increase
production. I expect NG prices to stabilize about where they are now or a
bit lower until next winter. Weather will determine the price at this time.
--
Jerry
"bob wald" <bob36swmla@xxxxxxxxx> wrote in message
news:16115-44045267-572@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
any ideas what ill be this july or dec?
ng too.
.
Relevant Pages
- Re: Could Oil Be the Democrats Downfall in the Fall??
... 64% Expect it Will Lower Prices ... If all the known offshore oil fields were drilled and panned out, it would increase the production of the lower 48 states by 7 percent -- 300,000 barrels per day. ... Any impact on prices would come 15-20 years from now and would amount to a dollar or two on the price of a barrel. ... You offshore drilling proponents are smoking crack or something. ...
(rec.sport.football.college) - Re: F300Hz
... Selling essentially the same thing for different prices goes on all the time, in the automotive world, with airline tickets, etc. ... And given the nature of mass production, it is much easier to just change the label than to set up another production line for the production of the lower priced item. ... This watch is an extreme example since it is not SIMILAR to some ... Omega model, it literally WAS an Omega once upon a time. ...
(alt.horology) - HURRICANES DESTROY CROPS, LEAVE PEOPLE JITTERY
... HURRICANES DESTROY CROPS, LEAVE PEOPLE JITTERY ... where prices are set by supply and demand. ... Cuba was still assessing the cost of the damages Gustav caused in the ... production and reduce imports. ...
(soc.culture.cuba) - Re: Economic and politics (Was: Comparing Lisp conditions to Java Exceptions)
... Just like prices of goods *will* be demand-driven (by the people ... investment according to how needed they consider it to be. ... R&D labour and production materials ... in a market this would be the case. ...
(comp.lang.lisp) - Re: The ever expanding/shrinking workshop
... That's similar to roughly 100 miles west of us as move more and more into the rain shadow of the Rocky Mtn's it gets drier every mile. ... This years costs have risen, the current price is about $230/tonne So the proportion of production required to meet costs has just risen dramatically. ... Since we're in fall harvest at the present I didn't pay any attention when at Equity yesterday what local wheat actually was; the KC prices are what I heard on farmcast news this morning. ...
(rec.woodworking) |
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