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Thread: Oil Slick Stuff

  1. #145

    Join Date
    Jun 2004
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    Boiled Peanut, Georgia, USA
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    Default Re: Oil Slick Stuff

    Make up my mind!
    $69.70 a barrel
    AP
    Oil Prices Rise As Bush Presses Iran
    Tuesday June 20, 7:26 am ET
    By George Jahn, Associated Press Writer

    Oil Prices Rise As Bush Presses Iran on Nuclear Suspension

    VIENNA, Austria (AP) -- Crude-oil futures rose Tuesday over Iran concerns after President Bush warned that nations worldwide will not back down from their demand that Tehran suspend uranium enrichment.
    http://biz.yahoo.com/ap/060620/oil_prices.html?.v=4
    12/02/2021
    LS CRUDE Oil
    =$66.50 a Barrel, Daily Status +.93

  2.  
  3. #146

    Join Date
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    Boiled Peanut, Georgia, USA
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    Default Re: Oil Slick Stuff

    We need to use less, findmore or find another way! DUH! Don't look good for less than $60.00 a barrel, but I think we may make it anyway! BAH!

    Oil consumption seen soaring
    Much of world's growth will take place in Asia, although U.S. will still use the most; OPEC needed to meet bulk of demand, EIA says.
    June 20, 2006: 9:34 AM EDT

    WASHINGTON (Reuters) - World oil demand should soar from this year's almost 86 million barrels per day to 118 million bpd by 2030, even though higher fuel prices will cut back some petroleum usage, the U.S. government's top energy forecasting agency predicted Tuesday.
    Much of the growth in global oil consumption over the next quarter century will come from the non-industrialized nations in Asia, where the strong economies of China and India will gobble up more barrels, according to the Energy Information Administration, the statistical arm of the Department of Energy.
    http://money.cnn.com/2006/06/20/mark...ex.htm?cnn=yes
    12/02/2021
    LS CRUDE Oil
    =$66.50 a Barrel, Daily Status +.93

  4.  
  5. #147

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    Default Re: Oil Slick Stuff

    Our Buddies in Saudi Arabia are not helping a bit!!
    $70.05 a barrel

    06/20/2006 - Updated 11:01 AM ETCrude gains on news of China-Saudi dealChina seeks oil reserve; Energy Dept. sees strong energy demand to 2030</IMG>By Myra P. Saefong, MarketWatch & Ciara Linnane, MarketWatch
    SAN FRANCISCO (MarketWatch) -- Crude-oil futures rose Tuesday morning, after China confirmed that it's working with Saudi Arabia on developing a strategic oil reserve and bolstering ties between the world's most populous country and its biggest oil producer.
    A U.S. government report forecasting strong world energy demand through 2030 added support.
    http://markets.usatoday.com/custom/u...385C372461F%7D
    Last edited by nnuut; 10-25-2010 at 10:32 PM.
    12/02/2021
    LS CRUDE Oil
    =$66.50 a Barrel, Daily Status +.93

  6.  
  7. #148

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    Location
    Boiled Peanut, Georgia, USA
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    Default Re: Oil Slick Stuff

    What now? Nigeria is acting up again! Good timing.

    INTERNATIONAL Political unrest plagues oil market again
    June 21, 2006

    Singapore - Oil prices rose in Asian trade on Wednesday on news of fresh kidnappings of oil workers in Nigeria and ahead of key US inventory data, dealers said.

    At 11.10am Singapore time, New York's main contract, light sweet crude for delivery in August, was at $69.50 per barrel, up 16 cents from $69.34 in late United States trades. The July contract closed Tuesday at $68.94.http://www.busrep.co.za/index.php?fS...icleId=3302729
    12/02/2021
    LS CRUDE Oil
    =$66.50 a Barrel, Daily Status +.93

  8.  
  9. #149

    Join Date
    Jun 2004
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    Boiled Peanut, Georgia, USA
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    Default Re: Oil Slick Stuff

    Who else can get in the act?
    $69.70 a barrel

    06/21/2006 - Updated 11:46 AM ETOil climbs closer to $70 on Iran, gasoline strength</IMG>By Myra P. Saefong, MarketWatch
    SAN FRANCISCO (MarketWatch) -- Strength in gasoline futures and tension between Western nations and Iran and North Korea outweighed an eight-year high in U.S. crude inventories, lifting crude futures closer to $70 a barrel Wednesday.
    Crude for August delivery fell to a low of $68.80 a barrel on the New York Mercantile Exchange, then recovered to trade as high as $69.85. The contract last traded at $69.70, up 36 cents.
    A U.S. government report issued Wednesday pegged supplies at their highest level since late May of 1998 -- a time when futures prices traded at just over $16 and spot prices were above $15.
    12/02/2021
    LS CRUDE Oil
    =$66.50 a Barrel, Daily Status +.93

  10.  
  11. #150

    Join Date
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    Default Re: Oil Slick Stuff

    What?
    $70.05
    06/21/2006 - Updated 1:30 PM ET
    Oil reclaims $70, with gas futures upU.S. supply at 8-year high; gasoline stocks actually lower</IMG>By Myra P. Saefong, MarketWatch
    SAN FRANCISCO (MarketWatch) -- Crude-oil futures reclaimed the $70 a barrel level and gasoline futures climbed as much as 3% Wednesday, as a smaller than expected rise in U.S. gasoline supplies and tension between Western nations and Iran and North Korea outweighed an eight-year high in U.S. crude inventories.
    http://markets.usatoday.com/custom/u...3283CB4F960%7D
    Last edited by nnuut; 10-25-2010 at 10:32 PM.
    12/02/2021
    LS CRUDE Oil
    =$66.50 a Barrel, Daily Status +.93

  12.  
  13. #151

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    Default Re: Oil Slick Stuff

    Oil just refuses to cooperate!
    $71.20 a barrel
    06/22/2006 - Updated 7:59 AM ETOil futures extend gains, head past $71 a barrel</IMG>By Steve Goldstein, MarketWatch & Ciara Linnane, MarketWatch
    NEW YORK (MarketWatch) -- Crude-oil futures extended their prior-session gains on Thursday, taking their cue from data showing a smaller-than-expected build in gasoline supplies in the latest week.
    August-dated crude-oil futures rose as high as $71.20 a barrel in electronic trading, and were last up 50 cents at $70.83. Gasoline was up 1.7 cents at $2.0825 a gallon.
    http://markets.usatoday.com/custom/u...0CC8CE82690%7D
    12/02/2021
    LS CRUDE Oil
    =$66.50 a Barrel, Daily Status +.93

  14.  
  15. #152

    Default Re: Oil Slick Stuff

    Crude Oil Prices Rise on Gas Stocks Data
    Refineries are trying to boost gasoline output in preparation for the U.S. July Fourth holiday, when demand rises as Americans travel. But analysts have noted that plant capacity has been reduced due to the damage from last year's hurricanes to Gulf of Mexico coast refineries.

    The mood in the energy markets has seesawed in recent weeks as traders try to gauge from the verbal sparring between Iran and the West the possibility of Iran -- the world's fourth-largest oil producer and exporter -- halting exports.
    http://biz.yahoo.com/ap/060622/oil_prices.html?.v=9

  16.  
  17. #153

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    Default Re: Oil Slick Stuff

    Here it is; SOS.
    $70.59 a barrel
    06/23/2006 - Updated 7:58 AM ETCrude eases as traders eye Iran, await Fed</IMG>By Ciara Linnane, MarketWatch
    NEW YORK (MarketWatch) -- Crude-oil futures edged lower early Friday, but remained on track for a gain on the week, as traders continued to weigh a smaller-than-expected build in U.S. gasoline supplies in the latest week and developments in Iran, and next week's Federal Reserve decision on interest rates.
    http://markets.usatoday.com/custom/u...D7309A1845F%7D
    Last edited by nnuut; 10-25-2010 at 10:33 PM.
    12/02/2021
    LS CRUDE Oil
    =$66.50 a Barrel, Daily Status +.93


  18.  
  19. #154

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    Default Re: Oil Slick Stuff

    Just break out of this stupid range, -- down please!
    $71.15 a barrel
    06/23/2006 - Updated 1:43 PM ET
    Energy traders eye waterway closure, IranCrude set for weekly gain; natural-gas futures fall again</IMG>By Myra P. Saefong, MarketWatch
    SAN FRANCISCO (MarketWatch) -- Crude-oil futures, firmly on track for a weekly gain, climbed above $71 a barrel Friday as traders weighed a handful of factors: the closure of a key Louisiana waterway, the status of U.S. gasoline supplies at the start of the summer season, developments in Iran and next week's Federal Reserve decision on interest rates.
    http://markets.usatoday.com/custom/u...D7309A1845F%7D
    Last edited by nnuut; 10-25-2010 at 10:33 PM.
    12/02/2021
    LS CRUDE Oil
    =$66.50 a Barrel, Daily Status +.93

  20.  
  21. #155

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    near Ft. Lauderdale, Florida, USA
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    280

    Default Re: Oil Slick Stuff

    One analyst on Bloomberg radio said oil prices are headed down next year.

    In the Latin American section of its news section word is drilling is taking place off shore near Rio de Janero in Brazil.

    It will be a matter of time before drilling also takes place off shore here in areas that seemed exempt from such things now as well as in the past.

    Everything on this earth has a price; nothing is exempt for long.

  22.  
  23. #156

    Join Date
    Apr 2005
    Location
    Gainesville, Florida, USA
    Posts
    24,244

    Default Re: Oil Slick Stuff

    Don't be surprised to see crude oil push $85 sometime over the summer and fall. It will be only temporary - but the energy stocks and industry supplies are on fire. It sure helps to own a few of them - may be forced to look the gift horse in the mouth this summer and purchase some restraunt stocks.

  24.  
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