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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (8933)9/4/2006 10:29:40 PM
From: Maurice Winn  Read Replies (1) | Respond to of 219722
 
Crude oil $2 1970, $8 1974, $40 1979, $80 2006 - extrapolate through the middle of that lot and we get? That should give a near-enough guide to when. Though it will no doubt happen sooner or later than that historically averaged time, due to some exigency of the moment, such as Saudi Arabia being nuked by Iran, or India, or something like that.

x = $2

Figures not exact, but somewhere around there [average for the year]

1970x
1975xxxx
1980xxxxxxxxxxxxxxxx
1985xxxxxxxxxxxx
1990xxxxxxxx
2000xxxxxxxx
2005xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
2010xxxxxxxxxxxxxxxxxxxxxxxxxxx
2015xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
2020xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

With people shrinking to 30 kg, [new babies] that will cut costs a LOT. Also, with the huge population decline coming over the next few decades to maybe 3 billion people demand will drop a lot. Not to mention new technology such as super-conductor supported and propelled electronically controlled flight in vacuum at 1000 km/hour through tubes between major cities over land and cyberspace doing most of our dirty work for us, such as reading newspapers, getting passports, visiting travel agents, filling in government forms, just as industrial revolution machinery took over all the hard manual work.

Mqurice



To: TobagoJack who wrote (8933)9/5/2006 12:03:03 AM
From: energyplay  Read Replies (4) | Respond to of 219722
 
There is a Wall Street firm now talking about crude at $262 !

This is the edge of the wedge of worry....irratioanl enthusiasm.

Any price like $150 in the next 2 years, absent a BIG drop in supply - like Nigeria gone - would likely lead to a future price collaspe, and within a few months.