fixed for swearing Joe. 
Fucking thanks man! 
So whatās everyones prediction for the cost of a barel tomorrow. Iām guessing $112.00 
im gonna go with $110.XX
Iāll say 106.78
i think you all wrongā¦
i think it very intresting to connect the links between our invasion in iraq w/ bush and oil prices and how in 03 they started climbing quickly, and in 05 they jumped to 3.2-5, however just a year out of his term and they start to climb againā¦
my prediction, we will pull out of iraq when a democratic canidate becomes president, loose our stronghold over the market, and then, hello 4-5 dollars a gallonā¦
for exampleā¦
The Iranian Oil Bourse establishing Euro-based pricing of oil is set to open on February 17th 2008 and could have devastating effects on the US dollar.
Currently all three major oil markets (WTI, NYMEX, IPE) trade barrels of oil in US dollars. Consequently any country buying oil needs dollars to pay for it. This enables the US Federal Reserve to issue huge volumes of dollars to meet increasing demand for oil. In return oil producing nations invest dollar proceeds in US treasury bills, allowing for the current US budget deficit.
But this balance may become unsettled after a fourth major oil market opens this month, trading in Euros: the Iranian Oil Bourse (IOB).
Unlike other bourses, the IOB relies on a peer-to-peer trading model, using the Internet. IOB has been in the works for several years and encountered many hurdles on the way, the last of which are severed underwater internet cables creating an Internet outage throughout the Middle East days before the IOBās opening and prompting conspiracy theories. In recent years the US has outfitted some of its submarines with the capability to splice optical fiber underwater so these theories may not be far-fetched.
Having the worldās second largest oil reserves of 136 gigabarrels, Iran will likely extend its influence on financial markets when the IOB opens. Although under-reported by the media, this historical shift and its consequences should be watched closely.
its sadā¦ =(
soo, another āguessā of mine is 8 years from now, after we pull out, go home 2 democratic presidents later, and 5 dollars a gallon, and iran and china and india are doing a shit load of business and we are cut out cause we are dumbases you all will still say yea! for hillary and blacobamaā¦ =(
I was told many years ago that we invaded Iraq because they were going to change to Euros.The WMD was just a front to get people to go along with the war.All of a sudden Iran is/was talking about it(07) and we wanted to attack them.I think the only difference was that for whatever reason you agree with,the US just couldnāt attack Iran.Now they have their IOB or whatever and it will/is killing the US dollar.It is going to get MUCH WORSE and is the reason gold,platnum,silver,Is SKYROCKETING in price.
D
bring it on :shoot:
Man. 3.64 today at the tanks, a week ago 3.49 looks to be goin up fast.
In afternoon trading, U.S. light crude for April delivery surged to a high of $110.07 
Crude prices hit $110 on weak dollar even as crude and gasoline inventories are much higher than forecasts.
The more threads we make about it, the more people worry, the higher the prices go.
Xā¦
true, to an extentā¦ but the prices arenāt really effected by Joe Bloe
I really hate that I require 93 octane right nowā¦
:lol:
the $0.25 extra a gallon is really breaking the bank huh?
exactly.
How much fuel does the US military use in a typical day in the middle east?
Maybe the price would go down if they stopped the ships, tanks, helis, etc for a day.
They have got to be using millions of gallons.
Just donāt get gas at that new station at Millersport/N.Forest. Heās almost a dollar higher for Super. Iām tempted to stop and asking him WTF.
We should all not buy gas for a day.