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10-10-2008, 04:26 PM
| #1 |
| \m/   Join Date: Feb 2004 Age: 40
Posts: 72,751
| The meltdown's silver lining - cheap oil I guess there's a bright side to everything Cheap oil: the stock selloff's silver lining - Oct. 10, 2008 |
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10-10-2008, 04:50 PM
| #2 |
| The Starter  Join Date: Jul 2004 Location: San Diego Ca
Posts: 2,178
| Re: The meltdown's silver lining - cheap oil And I can finally afford a home on my own in this bullshit market.
__________________ You don't get what you deserve, you get what you negotiate. |
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10-10-2008, 05:01 PM
| #3 |
| Living Legend  Join Date: Mar 2006 Location: Grand Rapids, MI Age: 25
Posts: 15,143
| Re: The meltdown's silver lining - cheap oil Yeah, but if the price per barrel is just artificially low thanks to the current global economy, all that's going to do is create the same sort of overvalued oil market as we just faced in the sub-prime housing market. If OPEC isn't increasing production, then all the people that re-invest in oil are just going to get screwed when prices skyrocket again when the day comes that all the economies recover. Cheaper gas prices will help us function in the short term, but it's a epic mistake if we don't use the cheaper energy prices to make a long-term investment in renewable energy sources.
__________________ Shanahan: “The bad thing is he's [Sav Rocca] probably our best offensive weapon and that’s not good.” |
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10-10-2008, 05:07 PM
| #4 |
| Quietly Dominating the East  Join Date: Mar 2005 Location: Naples, Florida
Posts: 8,378
| Re: The meltdown's silver lining - cheap oil Opec met today to discuss cutting production...........
__________________ Goodbye Sean..........Vaya Con Dios thankyou Joe....... Win! Always win! By fair means or foul, by soft words and hard deeds... by treachery, by cunning, by malpractice... but always win--Edward Teach |
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10-10-2008, 05:07 PM
| #5 |
| Eternally Legendary   Join Date: Feb 2004 Location: Seattle Age: 33
Posts: 9,738
| Re: The meltdown's silver lining - cheap oil Hallelujah, Diddy will finally be able to fly private again.
__________________ RG3, RGIII, RG三, RG३, RGγʹ, RGג, RG٣, RG๓, RG..., RG셋, RGԳ! |
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10-10-2008, 06:29 PM
| #6 |
| Fighting off The Crazies  Join Date: Feb 2004 Location: Virginia Beach Age: 39
Posts: 5,280
| Re: The meltdown's silver lining - cheap oil I wonder if oil prices would have fallen anyway, regardless of the current circumstances. They always seem to decline a bit in the fall/winter. |
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