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date: Tue, 16 Sep 2008 09:12:59 +0100,    group: uk.transport        back       
Brent crude   
Slumps another 3.33% in one day into the mid $90s bad news for the science 
free ecoloons who think driving is a bad thing. (I use the word think quite 
incorrectly in relation to these people.) The continuing fall in the price of 
oil despite OPEC reintroducing it's production caps is down to investors 
moving away from oil into other commodities freeing up the large reserves 
they were holding onto. It looks like those who predicted the $200 barrel and 
an early end to oil were about as far from the mark as you can get

-- 
If we diverted all funding from climate change research into an examination 
of the tooth fairy you'd have a list of BScs and PhDs as long as my arm with 
computer models of her wings and credible theories as to her phone number.

Member of D.N.A.
National Dyslexics Association
date: Tue, 16 Sep 2008 09:12:59 +0100   author:   Depresion 127.0.0.1

Re: Brent crude   
Depresion wrote:
> Slumps another 3.33% in one day into the mid $90s bad news for the science 
> free ecoloons who think driving is a bad thing. (I use the word think quite 
> incorrectly in relation to these people.) The continuing fall in the price of 
> oil despite OPEC reintroducing it's production caps is down to investors 
> moving away from oil into other commodities freeing up the large reserves 
> they were holding onto. It looks like those who predicted the $200 barrel and 
> an early end to oil were about as far from the mark as you can get
> 
Be nice to see the lower price passed down the line at some point though...

-- 
Abo
date: Tue, 16 Sep 2008 13:15:48 +0100   author:   Abo ks

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