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Author Oil hits $100 a barrel
Robbo
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Registered: 6th Aug 02
Location: London
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   2nd Jan 08 at 20:04   View User's Profile U2U Member Reply With Quote

http://news.bbc.co.uk/1/hi/business/7168664.stm

Jodi_the_g
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Registered: 7th Aug 01
Location: Washington D.C
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2nd Jan 08 at 20:05   View User's Profile U2U Member Reply With Quote

Its been higher in the past, just with inflation and the unstable dollar it appears higher.

Not sayng that its not alot.
deano87
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Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
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2nd Jan 08 at 20:08   View User's Profile U2U Member Reply With Quote

Yippeeee.
VegasPhil
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Registered: 16th Jan 05
Location: Fareham, Hants Drives: Octavia VRS
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2nd Jan 08 at 20:10   View Garage View User's Profile U2U Member Reply With Quote

Pants


Corsa 2.0 16v Vegas - Sold
sand-eel
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Registered: 15th Mar 07
Location: carluke/braidwood--IRNBRULAND
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2nd Jan 08 at 20:11   View User's Profile U2U Member Reply With Quote

time to get some shares.....
Colin
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Registered: 4th Apr 02
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2nd Jan 08 at 20:11   View User's Profile U2U Member Reply With Quote

It was 100$ in October. It will continue to rise so might aswell get over it!!
ed
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Registered: 10th Sep 03
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2nd Jan 08 at 20:19   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by sand-eel
time to get some shares.....
Sell*
sand-eel
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Registered: 15th Mar 07
Location: carluke/braidwood--IRNBRULAND
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2nd Jan 08 at 20:36   View User's Profile U2U Member Reply With Quote

buy....it will go up again, sell later
Jodi_the_g
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Registered: 7th Aug 01
Location: Washington D.C
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2nd Jan 08 at 20:57   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by sand-eel
buy....it will go up again, sell later


And have you seen the price of oil company shares.
Colin
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Registered: 4th Apr 02
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2nd Jan 08 at 21:01   View User's Profile U2U Member Reply With Quote

oil co shares have been struggling for some time..............
sand-eel
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Registered: 15th Mar 07
Location: carluke/braidwood--IRNBRULAND
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2nd Jan 08 at 21:39   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Jodi_the_g
quote:
Originally posted by sand-eel
buy....it will go up again, sell later


And have you seen the price of oil company shares.


yes......high
StueyBoy1989
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Registered: 22nd Feb 07
Location: North West London
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3rd Jan 08 at 00:44   View User's Profile U2U Member Reply With Quote

i spoke to my dads friend whos in the oil business and he said, the reason for the barrel going up its not the oil that costing, its what they have to build for it to rise, in 2007 the price of steel went up by 500% its a knock on affect.
Colin
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Registered: 4th Apr 02
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3rd Jan 08 at 01:59   View User's Profile U2U Member Reply With Quote

Bit of a no brainer isnt it you dont really need to ask anyones dad thats in the oil business!! Costs to lift crude increase having a knock on effect.
willay
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Organiser: South East, National Events
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Registered: 10th Nov 02
Location: Roydon, Essex
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3rd Jan 08 at 06:44   View Garage View User's Profile U2U Member Reply With Quote

dont forget the cold weather.
Robbo
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Registered: 6th Aug 02
Location: London
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3rd Jan 08 at 08:39   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by sand-eel
quote:
Originally posted by Jodi_the_g
quote:
Originally posted by sand-eel
buy....it will go up again, sell later


And have you seen the price of oil company shares.


yes......high
Youre jooking right? BPs shares have been in freefall for the past year due to various circumstances (their gay outed chairman, explosions in texas etc)
liamC
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Registered: 28th Feb 04
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3rd Jan 08 at 10:52   View User's Profile U2U Member Reply With Quote

Just the 98 billion barrells of oil left here. 23p a litre. Lovely jubbly
Aaron
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Registered: 9th Aug 04
Location: Cottingham, East Riding
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3rd Jan 08 at 10:54   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by liamC
Just the 98 billion barrells of oil left here. 23p a litre. Lovely jubbly


Ah but do you get shit weather, streets full of Chavs and tax on seemingly everything?

Oh wait...all thats bad

 
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