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Thread ID: 138695 2015-01-08 06:51:00 I guess the Greens aren't prophets.... johcar (6283) PC World Chat
Post ID Timestamp Content User
1391727 2015-01-08 06:51:00 home.greens.org.nz

Press Release from 3 January 2008


While today's price of US$100 did retreat soon after breaking the record, prices will never retreat back to the lows of just a few years ago.

And we're currently down to under US$50 a barrel...

How many of their policies are down to wishful thinking on their behalf?
johcar (6283)
1391728 2015-01-08 07:04:00 www.bbc.com

Price is irrelevant, long term.
KarameaDave (15222)
1391729 2015-01-08 07:07:00 Wow and I used to respect the BBC.... johcar (6283)
1391730 2015-01-08 07:25:00 Can't see $50 a Barrel being sustainable long term,seems to be a lot of posturing going on with the Saudi's not cutting output to raise the price trying to downscale Shale oil production in the USA as it costs more than $50 a Barrel to produce

Who blinks first
Lawrence (2987)
1391731 2015-01-08 07:50:00 Think most of the shale production is gas. Whenu (9358)
1391732 2015-01-08 07:55:00 Oil and Gas www.theguardian.com

Cost a lot more than $50 to produce by the look of it
Lawrence (2987)
1391733 2015-01-08 18:32:00 Wow and I used to respect the BBC....

Me too. :(

The moment they show Water Vapour rising from the Cooling Towers, hoping you’ll think it’s carbon rich smoke, you know it’s a Con, or they are complete fools whose other assumptions and predictions can be dismissed.
B.M. (505)
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