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Gold/Mining/Energy : Oil Sands and Related Stocks -- Ignore unavailable to you. Want to Upgrade?


To: james flannigan who wrote (20699)5/9/2008 3:26:25 PM
From: tom pope  Read Replies (2) | Respond to of 25575
 
$200 oil by 1012

And then another 54 years and the Normans conquer the English forces at Hastings in spite of the high cost of oil.



To: james flannigan who wrote (20699)5/9/2008 3:31:31 PM
From: BarefootDuck  Respond to of 25575
 
"CIBC says $150 oil and $200 oil by 1012. I say CLL will smash $5 next week."

I suppose $200 by 1012 wouldn't be so bad at least from a relative percentage perspective. The price has gone from approximately $80 to $120, about 50% increase in 8 months. From $120 to $200 in 4 years would be about a 67% increase, or 17% per year.

My salary's certainly not keeping up with the increases in oil and healthcare costs.