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Crude May Rise to $120 in Six Months
, Taqa CEO Says :

Crude oil may rise to $120 a barrel within six months due to the dollar weakness and global political tensions, the chief executive officer of Abu Dhabi National Energy Co. said.
http://tinyurl.com/2uwefq

Posted by thehughman1 on 2008-03-07 06:19:04 | Rating: n/a | Views: 51


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Posted by
Nutshell
on 2008-03-09 01:09:08
 
Let it hit 120, big deal! the faster the better. I hope home prices drop 35% in March compared to last year. Lets get this fucking shit over with and then get back to reality. Bulls always run too high and bears always run too low. Eventually each will come back the other way and get back to rational levels. Me right now?....I'm' buying bank stocks every month...buy it slowly on the way down, when it hits 18....buy it all..
 
 

Posted by
thehughman1
on 2008-03-09 08:31:53
 
Good point...I suppose when we get tired of paying the huge prices for gas we'll start conserving more. Of course, as for myself, the only driving I do is essential, and I ttry to pack together as much as possible in round trips. But thanks for your tip on bank stocks. Gas of course, I doubt will ever come back to normal. we've begun to feed the beast, and it has grown too fond of the food it eats.
As for the stimulus package, it is nothing but a flim-flam to transfer our tax dollers from our hands into the hands of corporations. I doubt much of it will be placed into stocks...or savings. After all, how much did Bush's last one actually help? Who wound up with it in the end? And how long did it actually sustain our economy? All seems only temporary for the consumer while the corporate fat cats just keep getting fatter!!!
 
 


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