# Oil could hit $200 a barrel **URL:** \ **Category:** Shift518 Off Topic\ **Created:** [June 9, 2008, 10:14am UTC](https://forums.speedlife.net/t/oil-could-hit-200-a-barrel/237242 "2008-06-09T10:14:09Z")\ **Posts on this page:** 20\ **Page:** 3
**Author:** ![bennyfizzle](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bennyfizzle/32/6291_2.png) [@bennyfizzle](https://forums.speedlife.net/u/bennyfizzle)\ **Post date:** [June 11, 2008, 2:30pm UTC](https://forums.speedlife.net/t/oil-could-hit-200-a-barrel/237242/41 "2008-06-11T14:30:52Z")
There’s a big convention in September that will bring about some change, whether that change will help or not is the question. My only issue is IF gas ever comes back down to around $2 a gallon, it’s only going to increase the sales of SUV’s/trucks and make people’s consciousness of gas consumption go right in the shitter putting us right back where we are now. Fuck. :idiots. ---
**Author:** ![Oleg](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/oleg/32/6276_2.png) [@Oleg](https://forums.speedlife.net/u/Oleg)\ **Post date:** [June 11, 2008, 2:50pm UTC](https://forums.speedlife.net/t/oil-could-hit-200-a-barrel/237242/42 "2008-06-11T14:50:12Z")
> [@skierdood](#): > > It’s not only china and other countries driving cars thats increasing the demand of oil, its their power industry. The amount of oil China uses for their power plants dwarfs the amount of oil the US uses as a whole. afaik most plants in developed/developing nations including china are coal-fired. ---
**Author:** ![Jammer](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jammer/32/6349_2.png) [@Jammer](https://forums.speedlife.net/u/Jammer)\ **Post date:** [June 11, 2008, 2:55pm UTC](https://forums.speedlife.net/t/oil-could-hit-200-a-barrel/237242/43 "2008-06-11T14:55:31Z")
> [@BENNYFIZZLE](#): > > There’s a big convention in September that will bring about some change, whether that change will help or not is the question. > > My only issue is IF gas ever comes back down to around $2 a gallon, it’s only going to increase the sales of SUV’s/trucks and make people’s consciousness of gas consumption go right in the shitter putting us right back where we are now. > > Fuck. > > :idiots. With all due respect, you do not understand that the demand issue is generated…and thus it shouldnt matter. Refinerys are not at max production. ---
**Author:** ![Singh1](https://avatars.discourse-cdn.com/v4/letter/s/ba8739/32.png) [@Singh1](https://forums.speedlife.net/u/Singh1)\ **Post date:** [June 11, 2008, 3:05pm UTC](https://forums.speedlife.net/t/oil-could-hit-200-a-barrel/237242/44 "2008-06-11T15:05:32Z")
ya i agree with jammer i wouldnt worry about suv’s bringing the prices back up lol I dont know what to do because everything is alot more money now, and our economy TRUELY sucks… so i guess you have to make more money and thats it… because now everything is more expensive you have to charge more money your self to stay on top i dont know its very hard… I dont see the prices stopping until 11 dollars a gallon to be honest, has anyone been to india and seen the gas there? ---
**Author:** ![bennyfizzle](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bennyfizzle/32/6291_2.png) [@bennyfizzle](https://forums.speedlife.net/u/bennyfizzle)\ **Post date:** [June 11, 2008, 4:52pm UTC](https://forums.speedlife.net/t/oil-could-hit-200-a-barrel/237242/45 "2008-06-11T16:52:28Z")
> [@Jammer](#): > > With all due respect, you do not understand that the demand issue is generated…and thus it shouldnt matter. Refinerys are not at max production. Oh I won’t pretend to know shit about any of this crap :rofl I just post interesting things I find while lurking around the internet. I do not support any one particular side’s views between the oil consumers, producers, and traders. ---
**Author:** ![Jimmerz](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jimmerz/32/6370_2.png) [@Jimmerz](https://forums.speedlife.net/u/Jimmerz)\ **Post date:** [June 11, 2008, 6:22pm UTC](https://forums.speedlife.net/t/oil-could-hit-200-a-barrel/237242/46 "2008-06-11T18:22:29Z")
> [@chris88z24](#): > > Well there goes my plan of buying a 4th gen F-body. > > :angry2 fuck it you only live once… buy one anyway… ---
**Author:** ![Jammer](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jammer/32/6349_2.png) [@Jammer](https://forums.speedlife.net/u/Jammer)\ **Post date:** [June 11, 2008, 9:19pm UTC](https://forums.speedlife.net/t/oil-could-hit-200-a-barrel/237242/47 "2008-06-11T21:19:46Z")
When I had a Cartek H/C on my 346 ls1, I got 26 mph Highway…on a bad day! ---
**Author:** ![Mafdark](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/mafdark/32/6322_2.png) [@Mafdark](https://forums.speedlife.net/u/Mafdark)\ **Post date:** [June 11, 2008, 9:28pm UTC](https://forums.speedlife.net/t/oil-could-hit-200-a-barrel/237242/48 "2008-06-11T21:28:08Z")
I dont get this… Demand is the same Supply is the same Prices have increased… Who the hell is pocketing the money? Someone has to be making out like a bandit. ---
**Author:** ![Shawn96VR-4](https://avatars.discourse-cdn.com/v4/letter/s/eada6e/32.png) [@Shawn96VR-4](https://forums.speedlife.net/u/Shawn96VR-4)\ **Post date:** [June 11, 2008, 9:32pm UTC](https://forums.speedlife.net/t/oil-could-hit-200-a-barrel/237242/49 "2008-06-11T21:32:29Z")
> [@Mafdark](#): > > I dont get this… > > Demand is the same > > Supply is the same > > Prices have increased… > > Who the hell is pocketing the money? Someone has to be making out like a bandit. Demand has greatly increased. The oil companies are making crazy money. Their margin hasn’t change much but they are SELLING more. ---
**Author:** ![Singh1](https://avatars.discourse-cdn.com/v4/letter/s/ba8739/32.png) [@Singh1](https://forums.speedlife.net/u/Singh1)\ **Post date:** [June 11, 2008, 11:45pm UTC](https://forums.speedlife.net/t/oil-could-hit-200-a-barrel/237242/50 "2008-06-11T23:45:26Z")
> [@Mafdark](#): > > I dont get this… > > Demand is the same > > Supply is the same > > Prices have increased… > > Who the hell is pocketing the money? Someone has to be making out like a bandit. if that was true, then yea good question but its not… demand is fuckin huge ---
**Author:** ![Mafdark](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/mafdark/32/6322_2.png) [@Mafdark](https://forums.speedlife.net/u/Mafdark)\ **Post date:** [June 12, 2008, 7:38am UTC](https://forums.speedlife.net/t/oil-could-hit-200-a-barrel/237242/51 "2008-06-12T07:38:46Z")
show me a graph for 08. Everything ive read has said that demand has not increased recently. Even OPEC has said it. ---
**Author:** ![Jammer](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jammer/32/6349_2.png) [@Jammer](https://forums.speedlife.net/u/Jammer)\ **Post date:** [June 12, 2008, 4:32pm UTC](https://forums.speedlife.net/t/oil-could-hit-200-a-barrel/237242/52 "2008-06-12T16:32:16Z")
> [@Shawn96VR-4](#): > > Demand has greatly increased. The oil companies are making crazy money. Their margin hasn’t change much but they are SELLING more. Wrong…their margin HAS Chnaged. Demand will climb as countries like China “prosper”. But dont be fooled, profits have changed greatly. ---
**Author:** ![Shawn96VR-4](https://avatars.discourse-cdn.com/v4/letter/s/eada6e/32.png) [@Shawn96VR-4](https://forums.speedlife.net/u/Shawn96VR-4)\ **Post date:** [June 12, 2008, 4:54pm UTC](https://forums.speedlife.net/t/oil-could-hit-200-a-barrel/237242/53 "2008-06-12T16:54:23Z")
Well, margins do change but how much change are we talking? From what I was told, the increase revenues is simply due to the fact that they are selling more. You have data? ---
**Author:** ![Wayne64SS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/wayne64ss/32/6365_2.png) [@Wayne64SS](https://forums.speedlife.net/u/Wayne64SS)\ **Post date:** [June 12, 2008, 6:49pm UTC](https://forums.speedlife.net/t/oil-could-hit-200-a-barrel/237242/54 "2008-06-12T18:49:17Z")
there is simply no FUCKING way that these prices are justified. ---
**Author:** ![Jammer](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jammer/32/6349_2.png) [@Jammer](https://forums.speedlife.net/u/Jammer)\ **Post date:** [June 13, 2008, 10:37am UTC](https://forums.speedlife.net/t/oil-could-hit-200-a-barrel/237242/55 "2008-06-13T10:37:11Z")
Shawn, you know as well as I do that we can each find supporting data for whatever position we hold. Without posting my supporting data… lets be real for 1 second. The Saudis, for instance, have different castes of society, but there is some extreme wealth there. They were extremely weathly selling oil at $25 per barrell. Simple economics studies will show you that the cost of refining the oil in the middle east has not risen more than 15% in the past 15 years!!! The oil companies are making extra margin on the gas… took some expenses switching to ethonol (part of the reason for the price hike is these oil companies are sending a message, though empty, to congress , for mandating ethonol) The message is…fuck with us…watch. Secondly, the countries holding the oil are profiting much more as well, cause there are some bidders out there…and the speculators have driven the cost up via futures. Bottom line, everyone is making more money, let them cry all they want. Those hurt are the small retailer that may feel the pinch do to DECREASED demand in some areas of the country. Americas consumption is said to be down a few percentage points in the past few months… that said, the past few months are usually higher…peaking in mid summer. Stewarts advertises the make 6% on the sale of gas. Damn, thats 25 cents per gallon. Lets say they made 9% a few years ago when gas was $2.25… that was 20 cents a gallon profit… margins…percentage wise is down, but profit wise is same (considerering for perhaps less gallons sold now than Then). Most small gas stations dont have the same buying power as stewarts and making 4% to stay competitive, along with possibly selling less gas (due to pricing, location etc), the small guy can be run out of biz… and the strong will get stronger. It, like everything else, is a cycle… but once we passed $3.00 , were were never going back. ---
**Author:** ![Shawn96VR-4](https://avatars.discourse-cdn.com/v4/letter/s/eada6e/32.png) [@Shawn96VR-4](https://forums.speedlife.net/u/Shawn96VR-4)\ **Post date:** [June 13, 2008, 10:42am UTC](https://forums.speedlife.net/t/oil-could-hit-200-a-barrel/237242/56 "2008-06-13T10:42:15Z")
Jammer: I didn’t doubt you. I was just surprised as that’s not what I have heard but, to be honest, I believed that position and still believe you. I thought I was the only one who felt they raised margins quite a bit especially during 2001ish when they jumped the FORBES list. ---
**Author:** ![Singh1](https://avatars.discourse-cdn.com/v4/letter/s/ba8739/32.png) [@Singh1](https://forums.speedlife.net/u/Singh1)\ **Post date:** [June 13, 2008, 11:20am UTC](https://forums.speedlife.net/t/oil-could-hit-200-a-barrel/237242/57 "2008-06-13T11:20:14Z")
> [@Jammer](#): > > The Saudis, for instance, have different castes of society, but there is some extreme wealth there. cast … :idiots have u ever been to middle east? either way yea… some of them are WAY to fuckin rich and have wayy too much oil to go around [youtube=425,350]UCc9jZqMQx8[/youtube] ---
**Author:** ![waltbabyluv](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/waltbabyluv/32/6300_2.png) [@waltbabyluv](https://forums.speedlife.net/u/waltbabyluv)\ **Post date:** [June 13, 2008, 2:53pm UTC](https://forums.speedlife.net/t/oil-could-hit-200-a-barrel/237242/58 "2008-06-13T14:53:10Z")
> [@Singh](#): > > cast … :idiots have u ever been to middle east? > > either way yea… some of them are WAY to fuckin rich and have wayy too much oil to go around > > [youtube=425,350]UCc9jZqMQx8[/youtube] ??? yeah because you never see retards in the states doing donuts in the streets ---
**Author:** ![Jammer](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jammer/32/6349_2.png) [@Jammer](https://forums.speedlife.net/u/Jammer)\ **Post date:** [June 18, 2008, 10:11am UTC](https://forums.speedlife.net/t/oil-could-hit-200-a-barrel/237242/59 "2008-06-18T10:11:17Z")
> [@Singh](#): > > cast … :idiots have u ever been to middle east? > > either way yea… some of them are WAY to fuckin rich and have wayy too much oil to go around > > [youtube=425,350]UCc9jZqMQx8[/youtube] I have. Can’t tell which damn bitches are cute yo. Dang berkas. ---
**Author:** ![McBitchin](https://avatars.discourse-cdn.com/v4/letter/m/ecc23a/32.png) [@McBitchin](https://forums.speedlife.net/u/McBitchin)\ **Post date:** [June 18, 2008, 10:12am UTC](https://forums.speedlife.net/t/oil-could-hit-200-a-barrel/237242/60 "2008-06-18T10:12:28Z")
that has its pro’s and cons :lol [Previous page](https://forums.speedlife.net/t/oil-could-hit-200-a-barrel/237242.md?page=2) [Next page](https://forums.speedlife.net/t/oil-could-hit-200-a-barrel/237242.md?page=4)