# The "Oil Prices" thread. **URL:** \ **Category:** NYSpeed Off Topic\ **Created:** [March 10, 2008, 10:44am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739 "2008-03-10T10:44:58Z")\ **Posts on this page:** 20\ **Page:** 63
**Author:** ![JEG](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jeg/32/7246_2.png) [@JEG](https://forums.speedlife.net/u/JEG)\ **Post date:** [September 4, 2008, 8:29am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1241 "2008-09-04T08:29:09Z")
> [@JayS](#): > > I was very happy to see that Ospraie Management, a huge commodities trader, was shutting down their big oil hedge fund after taking a 38% loss. ok call me stupid _puts on flame suit_ but what exactly does that mean? ---
**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\ **Post date:** [September 4, 2008, 8:34am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1242 "2008-09-04T08:34:19Z")
Ha I would go with no. It will stay around $90 by year end consistently. It might touch under $80 on a Tuesday but by the week, it will spike back up to about $90. Also, anyone move big on oil this past week in hopes it going up and lose out after the hurricane pussied out? ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [September 4, 2008, 8:34am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1243 "2008-09-04T08:34:57Z")
> [@JEG](#): > > ok call me stupid _puts on flame suit_ but what exactly does that mean? They had an investment fund to speculate that oil would go up. With big dollars betting that it would. They lost, big time. They shut it down. If this happens more, less demand for oil from people who have no intention of taking delivery = price goes down. ---
**Author:** ![Janus](https://avatars.discourse-cdn.com/v4/letter/j/c2a13f/32.png) [@Janus](https://forums.speedlife.net/u/Janus)\ **Post date:** [September 4, 2008, 9:45am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1244 "2008-09-04T09:45:48Z")
:shrug: i see oil go up 5.00 on the news at 11pm on a monday, when i fill up tuesday gas is .03 more… you’re probably right, it doesnt follow exactly, but it’s not like i’m citing some liberal blog. its an immediate observation ---
**Author:** ![Geehee](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/geehee/32/7238_2.png) [@Geehee](https://forums.speedlife.net/u/Geehee)\ **Post date:** [September 4, 2008, 10:14am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1245 "2008-09-04T10:14:31Z")
> [@Janus](#): > > :shrug: i see oil go up 5.00 on the news at 11pm on a monday, when i fill up tuesday gas is .03 more… > > you’re probably right, it doesnt follow exactly, but it’s not like i’m citing some liberal blog. its an immediate observation The raise you are noticing is from previous crude increases. ---
**Author:** ![JEG](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jeg/32/7246_2.png) [@JEG](https://forums.speedlife.net/u/JEG)\ **Post date:** [September 4, 2008, 11:48am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1246 "2008-09-04T11:48:38Z")
> [@Joe](#): > > They had an investment fund to speculate that oil would go up. With big dollars betting that it would. They lost, big time. They shut it down. If this happens more, less demand for oil from people who have no intention of taking delivery = price goes down. word thanks man :tup: ---
**Author:** ![j\_espo1](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/j_espo1/32/7291_2.png) [@j\_espo1](https://forums.speedlife.net/u/j_espo1)\ **Post date:** [September 5, 2008, 9:46am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1247 "2008-09-05T09:46:38Z")
Oil $105.85 -$2.04 ---
**Author:** ![Eazy716](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/eazy716/32/7443_2.png) [@Eazy716](https://forums.speedlife.net/u/Eazy716)\ **Post date:** [September 5, 2008, 9:47am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1248 "2008-09-05T09:47:22Z")
:tup: ---
**Author:** ![JEG](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jeg/32/7246_2.png) [@JEG](https://forums.speedlife.net/u/JEG)\ **Post date:** [September 5, 2008, 10:49am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1249 "2008-09-05T10:49:04Z")
> [@j\_espo1](#): > > Oil $105.85 -$2.04 :bigclap: fuck yeah!! ---
**Author:** ![brent\_strong](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/brent_strong/32/7203_2.png) [@brent\_strong](https://forums.speedlife.net/u/brent_strong)\ **Post date:** [September 9, 2008, 7:21am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1250 "2008-09-09T07:21:27Z")
104.xx Dollar is continuing to make big gains against the euro, over the past couple months. Yay. ---
**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\ **Post date:** [September 9, 2008, 7:24am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1251 "2008-09-09T07:24:09Z")
> [@brent\_strong](#): > > 104.xx > > Dollar is continuing to make big gains against the euro, over the past couple months. > > Yay. I hope the canadian dollar falls soon so I can go back to canada with 100 bucks and get 150+ in the exchange 🙂 ---
**Author:** ![j\_espo1](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/j_espo1/32/7291_2.png) [@j\_espo1](https://forums.speedlife.net/u/j_espo1)\ **Post date:** [September 9, 2008, 7:42am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1252 "2008-09-09T07:42:38Z")
**Oil** $103.15 -$3.19 ---
**Author:** ![j\_espo1](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/j_espo1/32/7291_2.png) [@j\_espo1](https://forums.speedlife.net/u/j_espo1)\ **Post date:** [September 9, 2008, 12:12pm UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1253 "2008-09-09T12:12:19Z")
if Ike doesnt mess up any refineries, im calling under $100 by the end of next week ---
**Author:** ![OfficerK](https://avatars.discourse-cdn.com/v4/letter/o/4da419/32.png) [@OfficerK](https://forums.speedlife.net/u/OfficerK)\ **Post date:** [September 9, 2008, 12:21pm UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1254 "2008-09-09T12:21:03Z")
at 102.XX right now, if this keeps up it will be down to that before this week is out ---
**Author:** ![brent\_strong](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/brent_strong/32/7203_2.png) [@brent\_strong](https://forums.speedlife.net/u/brent_strong)\ **Post date:** [September 9, 2008, 12:25pm UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1255 "2008-09-09T12:25:42Z")
Now for the pump prices to catch up. Anyone think we’ll see consistent sub-$3.00 regular this winter? ---
**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\ **Post date:** [September 9, 2008, 12:27pm UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1256 "2008-09-09T12:27:12Z")
I am calling back up to over $120 by the end of November ---
**Author:** ![Eazy716](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/eazy716/32/7443_2.png) [@Eazy716](https://forums.speedlife.net/u/Eazy716)\ **Post date:** [September 9, 2008, 12:28pm UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1257 "2008-09-09T12:28:20Z")
> [@boxxa](#): > > I am calling back up to over $120 by the end of November as much as I hate to say it, I agree. ---
**Author:** ![j\_espo1](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/j_espo1/32/7291_2.png) [@j\_espo1](https://forums.speedlife.net/u/j_espo1)\ **Post date:** [September 9, 2008, 12:37pm UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1258 "2008-09-09T12:37:48Z")
> [@brent\_strong](#): > > Anyone think we’ll see consistent sub-$3.00 regular this winter? nope. ---
**Author:** ![j\_espo1](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/j_espo1/32/7291_2.png) [@j\_espo1](https://forums.speedlife.net/u/j_espo1)\ **Post date:** [September 9, 2008, 12:39pm UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1259 "2008-09-09T12:39:14Z")
wow 102.30 CRUDE-OIL FUTURES CLOSE AT LOWEST LEVEL SINCE APRIL ---
**Author:** ![Eazy716](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/eazy716/32/7443_2.png) [@Eazy716](https://forums.speedlife.net/u/Eazy716)\ **Post date:** [September 9, 2008, 12:40pm UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1260 "2008-09-09T12:40:48Z")
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