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Blog Archive
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2015
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February
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- Paul Wolfowitz, Jeb's Foreign Policy Adviser
- Have A Great Saturday
- The Onion - Study: Boyfriends Who Aren’t Speaking ...
- Ugh...
- TRNN - Is FCC Approval Of Net Neutrality A Real Wi...
- The Drought
- The Goods
- Global Warming - Direct Observation Of CO2 Trappin...
- Danger Danger
- Leonard Nimoy Dies
- Simple And Tasty
- Have A Great Friday
- The Onion - Once-Loyal Enabler Betrays Man By Sugg...
- No Comment
- TRNN - Guardian UK Exposes Detailing Horrific Abus...
- The Drought
- PKN
- Global Warming - Inhofe, Need We Say More
- BHT And Additives In Your Food
- The Market On Friday
- Horseradish
- A New Public Utility
- SDSS J010013.021280225.8
- Net
- Have A Great Thursday
- The Onion - Long-Silent Facebook Friend Comes Out ...
- Oil
- TRNN - Greece On A Path To Negotiate From A Positi...
- The Drought
- Mohammed Emwazi
- Global Warming - Say Hi
- Un-Sugared
- The Market On Thursday
- Oil
- Mariupol
- Same
- Have A Great Wednesday
- The Onion - College Freshman From Florida Has Neve...
- Joyce Alexander Facing Child Abuse Charge
- Chomsky On IS And Putin
- TRNN - No Media Outrage Over O'Reilly Covering Up ...
- The Drought
- Just Great...
- Global Warming - Disposition
- Education
- The Market On Wednesday
- OPEC
- Keystone Veto Message
- Affordability
- Have A Great Tuesday
- The Onion - Departing Employee Not Quite Important...
- Jon Stewart Rips Giuliani
- TRNN - Capitalism's War On Democracy
- The Drought
- ISIS Garbage
- New Emoji
- Global Warming - Recap
- L. Brent Bozell
- The Market On Tuesday
- Have A Great Monday
- The Onion - Nation Delighted As Many Famous People...
- TRNN - Will Quantitative Easing Solve The European...
- The Drought
- More Tragedy In Bangladesh
- Re-Freeze
- Global Warming - Deniers' Biggest Tool
- By Scott
- The Market On Monday
- Jeb
- Above
- Have A Great Sunday
- The Borowitz Report - Obama Says He Even Loves Ame...
- TRNN - The Rich Hide An Estimated 21 Trillion In O...
- The Drought
- Stooge A Or Stooge B
- Global Warming - Willie Soon's Energy Industry Spo...
- Interest
- Unhinged
- Obesity
- Maher Mercilessly Mocks Rudy
- Get Ready For Jeb - 'Inspire Fear'
- Have A Great Saturday
- The Onion - ‘You Are Not Your Job,’ Obama Reminds ...
- TRNN - Walmart Wage Raise A Win For Workers, Yet F...
- The Drought
- Superbug
- ALEC And ACCE
- Global Warming - New York State Assembly Creates W...
- America's Diet
- Have A Great Friday
- The Onion - Guy Washing Hands For Full 5 Seconds L...
- Fighting ISIL
- TRNN - Jeb Bush's First Foreign Policy Speech Emph...
- The Drought
- Global Warming - NYC
- Sickening
- Matter Of Fact
- The Market On Friday
- In Summation
- Chomsky On ISIL
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February
(286)
4 comments:
I seriously doubt it. At above $70 a barrel the shale and fracking crowd reappear and keep prices in check. $200 a barrel in this guys dreams.
His comment caught people's attention - I don't know if it's related but oil went up today, big rally for oil equities. One wonders if someone in his position just making this comment could cause a day rally. He also thinks that $45 to $55 is the bottom end.
The cheap oil prices weren't going to last. The whole episode was to shrink the no. of marginal producers and hand a bigger market share back to the big guys. Once that's accomplished they'll return to gouging the rest of us. High prices hurt but they drive the market out of this stuff in the long run.
I just double checked and the person making the $200 per barrel statement is the secretary general of OPEC.
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