YepOriginally Posted by Cooper
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Yep
A wolf in wolves clothing.
Finally under £1 a litre now - woohoo! Now if only those communists in charge of the government, more specifically the dour faced stroke victim and captain badger, would reduce fuel duty to 1997 levels, we can actually get on with things...
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I refuse to participate in any debate with creationists because doing so would give them the "oxygen of respectability" that they want.
Creationists don't mind being beaten in an argument. What matters to them is that I give them recognition by bothering to argue with them in public.
$3.25 here,
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really? That's what it costs in the burbs of chicago and chicago has the country's most expensive gas prices.
$2.74 here
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$2.59 here, with it as low as $2.42 a little southeast of here.
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holy crap, NYMEX crude up over 10% so far today (+$7.07 atm to $70.97)). NYMEX gasoline up 0.19 to $1.55
Time is an illusion. Lunchtime, doubly so. Douglas Adams
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I'm not a technical analyst and don't put a lot of faith in it anyway. Having said that, it's normal to get several peaks in an up trend and several troughs on a down trend. The pattern can sometimes indicate the direction in the near term.
There's no way oil is going up over the next 3-6 months. Personally I think it will be under $100 for the next couple years, but I wouldn't put money on it.
China is closing 670K factories - that's right (670,000 for the US, 670.000 for others). I got this off of a blog and didn't check the source, but no one has challenged it since yesterday. The Chinese govt is trying to get people who moved to the cities for jobs to go back home - like that's going to work.
Plus producers who are used to high oill prices will pump more to cover their new spending habits - which will push prices down further.
Unless you're an oil trader, don't even try to understand the front month contract trading. You'll just get a headache.
Yeah, I don't put much (any really) faith in technical analysis either. I'd rather chew Coca leaves and consult the Oracle of Delphi.
Oil be way to weird for me, I just kinda focus on the NA natural gas market and that's crazy enough. (Me got fingers crossed for a chilly winter.)
That's wild, but believable, about the factories in China. I get the feeling things are slowing down there pretty fast.
Last edited by TedShred; 11-04-2008 at 04:02 PM.
Time is an illusion. Lunchtime, doubly so. Douglas Adams
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Says here that Brent Crude is trading at $58.41 a barrel and West Texas for $62.66 a barrel, with Brent Crude losing $5.85 since this morning. Keep falling.....
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I refuse to participate in any debate with creationists because doing so would give them the "oxygen of respectability" that they want.
Creationists don't mind being beaten in an argument. What matters to them is that I give them recognition by bothering to argue with them in public.
where ya lookin'? That was near the day's low for Brent. It closed up $5.96 to $66.44 (Dec contract)
http://www.crbtrader.com/data.asp?pa...ction=energies
Time is an illusion. Lunchtime, doubly so. Douglas Adams
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Main Rig
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8GB MSI Radeon R9 390X (1080 Mhz Core, 6000 Mhz Memory)
NZXT H440 Case with NZXT Hue+ Installed
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1 x 500GB Samsung 850 EVO (Boot & Install)
1 x 2Tb Hitachi 7K2000 in External Enclosure (Scratch Disk)
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Gigabyte GA-J1800N-D2H based media PC, Mini ITX Case, Blu-Ray Drive
Netgear ReadyNAS104 w/4x2TB Toshiba DTACA200's for 5.8TB Volume size
I refuse to participate in any debate with creationists because doing so would give them the "oxygen of respectability" that they want.
Creationists don't mind being beaten in an argument. What matters to them is that I give them recognition by bothering to argue with them in public.
Dunno what's up with BBC.... it's still showin' $58.41 but as I mentioned that was around the low point of yesterday's trading (early morning)
I'm watching realtime quotes atm and Brent is currently $65.33 (down $1.11)
Last edited by TedShred; 11-05-2008 at 07:12 AM.
Time is an illusion. Lunchtime, doubly so. Douglas Adams
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It only updates once a day, typically, maybe twice, and it's dependant on the trading hours for the FTSE. It's up to $64.50.
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8GB MSI Radeon R9 390X (1080 Mhz Core, 6000 Mhz Memory)
NZXT H440 Case with NZXT Hue+ Installed
24" Dell U2412HM (1920x1200, e-IPS panel)
1 x 500GB Samsung 850 EVO (Boot & Install)
1 x 2Tb Hitachi 7K2000 in External Enclosure (Scratch Disk)
Entertainment Setup
Samsung Series 6 37" 1080p TV
Gigabyte GA-J1800N-D2H based media PC, Mini ITX Case, Blu-Ray Drive
Netgear ReadyNAS104 w/4x2TB Toshiba DTACA200's for 5.8TB Volume size
I refuse to participate in any debate with creationists because doing so would give them the "oxygen of respectability" that they want.
Creationists don't mind being beaten in an argument. What matters to them is that I give them recognition by bothering to argue with them in public.
ah,
geez, another volatile day (another usual day I guess)
I'm only watchin' NYMEX atm, and crude's down $4.74
Time is an illusion. Lunchtime, doubly so. Douglas Adams
QX9650 @ 3825mhz CoolIT FZone
2x HD3870X2 @ 845/946mhz air
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1200W Thermaltake
xFi Extreme Gamer/ Z-5500
Vista Ult. 64
Cosmos 1000
30" NEC
Down to $48 a barrel! WOOHOO! Take that you thieving cartel scum!
*rushes out to stockpile*
Main Rig
Intel Core i7-2600K (SLB8W, E0 Stepping) @ 4.6Ghz (4.6x100), Corsair H80i AIO Cooler
MSI Z77A GD-65 Gaming (MS-7551), v25 BIOS
Kingston HyperX 16GB (2x8GB) PC3-19200 Kit (HX24C11BRK2/16-OC) @ 1.5v, 11-13-13-30 Timings (1:8 Ratio)
8GB MSI Radeon R9 390X (1080 Mhz Core, 6000 Mhz Memory)
NZXT H440 Case with NZXT Hue+ Installed
24" Dell U2412HM (1920x1200, e-IPS panel)
1 x 500GB Samsung 850 EVO (Boot & Install)
1 x 2Tb Hitachi 7K2000 in External Enclosure (Scratch Disk)
Entertainment Setup
Samsung Series 6 37" 1080p TV
Gigabyte GA-J1800N-D2H based media PC, Mini ITX Case, Blu-Ray Drive
Netgear ReadyNAS104 w/4x2TB Toshiba DTACA200's for 5.8TB Volume size
I refuse to participate in any debate with creationists because doing so would give them the "oxygen of respectability" that they want.
Creationists don't mind being beaten in an argument. What matters to them is that I give them recognition by bothering to argue with them in public.
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