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I remember $12 bbl oil

Posted on: August 17, 2018 at 14:00:06 CT

mu7176grad MU

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M.O.B. Votes:

which had been $39 and bankrupted many many small independents in the early 80s including some clients of mine

Given the passage of time $70 oil seems pretty reasonable

Please explain why this message is being reported.

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MESSAGE THREAD

OIL PRICE CRISIS: Prices skyrocket 68 PERCENT in TWO YEARS a - JeffB MU

- 8/17 13:42:01

Not really an issue for the US now that we are more or less - DoltfromSTL MU - 8/17 14:08:26

The more independent we are the less time it will last. - GA Tiger MU - 8/17 16:22:43

Thank God for shale and fracking - mu7176grad MU - 8/17 14:11:15

They're moderating the increase, unless the Saudis et al are - JeffB MU

- 8/17 14:21:54

Amen! (nm) - DoltfromSTL MU - 8/17 14:12:55

US gas prices have been going up, however, no? Wouldn't - JeffB MU

- 8/17 14:10:04

They're up and down... - DoltfromSTL MU - 8/17 14:12:15

Of course they are. We're in a world market. Many of the own - JeffB MU

- 8/17 14:15:02

Your spouting frantic gibberish...Remain Calm and Carry On - DoltfromSTL MU - 8/17 14:21:48

I wouldn't characterize my posts as either frantic or gibber - JeffB MU

- 8/17 14:50:44

I remember $12 bbl oil - mu7176grad MU - 8/17 14:00:06

Regardless of what the price 'should' be, movements of - JeffB MU

- 8/17 14:06:27

Not if we are not buying it (nm) - DoltfromSTL MU - 8/17 14:09:20

Gas prices have gone up some, no? Does that not take - JeffB MU

- 8/17 14:12:49

or people drive less (nm) - 90Tiger MU - 8/17 14:27:35

Housing has gone up, automobiles have gone up, food prices - DoltfromSTL MU - 8/17 14:15:04

From a consumer's standpoint, increasing costs reduce - JeffB MU

- 8/17 14:17:59

You can say that about any commodity - meatiger MU - 8/17 14:22:56

Oil is pretty unique with respect to the impact of price cha - JeffB MU

- 8/17 15:09:48

RE: Oil is pretty unique with respect to the impact of price cha - meatiger MU - 8/17 15:38:00

I was just pointing out prices had gone up & that it could - JeffB MU

- 8/17 16:30:06

Remain Calm... - DoltfromSTL MU - 8/17 14:22:21

stop yelling (nm) - pickle MU

- 8/17 13:46:06

RE: stop yelling (nm) - MIZ45 MU - 8/17 14:46:38

You should tell that to The Express who wrote the headline.(nm) - JeffB MU

- 8/17 13:48:13

I'm telling the person who posted it - pickle MU

- 8/17 14:01:45

Ever the jerk aren't you? I'll take the source into account(nm) - JeffB MU

- 8/17 14:03:21

i'm not the one yelling (nm) - pickle MU

- 8/17 14:11:34

& yet you once again are being the obnoxious one. Congrats (nm) - JeffB MU

- 8/17 14:18:54

yelling is rude, fyi - pickle MU

- 8/17 14:22:39

pickle, you are the poster boy for the word 'rude'. (nm) - JeffB MU

- 8/17 15:14:00

this is about your behavior. own it (nm) - pickle MU

- 8/17 15:16:53

RE: OIL PRICE CRISIS: Prices skyrocket 68 PERCENT in TWO YEARS a - scan MU - 8/17 13:45:33

Which is why oil is still hanging on as our main - HandBanana MU - 8/17 13:58:20

See sawing prices are not good for sure. Rising oil prices & - JeffB MU

- 8/17 13:49:21

RE: See sawing prices are not good for sure. Rising oil prices & - scan MU - 8/17 13:50:07