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Oil prices are about to skyrocket
http://chicagofanatics.com/viewtopic.php?f=47&t=106858
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Author:  Ogie Oglethorpe [ Wed Jun 07, 2017 10:08 am ]
Post subject:  Re: Oil prices are about to skyrocket

America wrote:
Ugueth Will Shiv You wrote:
They could charge $20 per gallon and we'd all still pay it because we're American and love our cars.

They'll always be undercut by North Dakota and the Gulf.

As mentioned we get 5% of our oil from the MidEast. MidEast oil primarily serves Eurasian neeeds.

Author:  Don Tiny [ Wed Jun 07, 2017 10:14 am ]
Post subject:  Re: Oil prices are about to skyrocket

denisdman wrote:
Ugueth Will Shiv You wrote:
They could charge $20 per gallon and we'd all still pay it because we're American and love our cars.


Well I heard an ad this weekend against the Cook County beverage tax saying that a $0.99 two liter may double in price. Oh well, I live in Kane County and don't drink soda.

It's on juices and even water as well. Other than leash, if it comes in a bottle, it's affected by the tax.

Author:  KDdidit [ Thu Jun 15, 2017 10:55 am ]
Post subject:  Re: Oil prices are about to skyrocket

Paid $1.95 a gallon in Bolingbrook on Tuesday, nice.

Author:  pittmike [ Thu Jun 15, 2017 11:26 am ]
Post subject:  Re: Oil prices are about to skyrocket

I was pretty mad when I got to Chicago last week. I filled up late in Indiana so I could beat the Chicago area taxes. Gas was 2.17 at my moms! All the way back through Ohio 2.23 was tops. PA here I sit at 2.49! :evil:

Author:  Chus [ Thu Jun 15, 2017 11:37 am ]
Post subject:  Re: Oil prices are about to skyrocket

KDdidit wrote:
Paid $1.95 a gallon in Bolingbrook on Tuesday, nice.


A place by me went from $1.89 to $2.45 in one day.

Author:  WaitingforRuffcorn [ Thu Jun 15, 2017 11:46 am ]
Post subject:  Re: Oil prices are about to skyrocket

So much for isolating Qatar:

http://www.bbc.com/news/world-middle-east-40287570

Author:  312player [ Thu Jun 15, 2017 12:33 pm ]
Post subject:  Re: Oil prices are about to skyrocket

I hope the blow Saudi Arabia to smithereens with those new jets.

Author:  Ogie Oglethorpe [ Thu Jun 15, 2017 12:46 pm ]
Post subject:  Re: Oil prices are about to skyrocket

WaitingforRuffcorn wrote:

money talks

Author:  Ogie Oglethorpe [ Thu Jun 15, 2017 12:47 pm ]
Post subject:  Re: Oil prices are about to skyrocket

312player wrote:
I hope the blow Saudi Arabia to smithereens with those new jets.

Saudis have the same jet (and with a ratio of 8:1 on them)

Although 36 F-15s is a lot for a nation Qatar's size. I really wish this one gets blocked as you know Qatar will turn them right over to Iran to reverse engineer.

Author:  WaitingforRuffcorn [ Thu Jun 15, 2017 12:49 pm ]
Post subject:  Re: Oil prices are about to skyrocket

I don't think that there is going to be a hot war between the Saudis and Qatar or any other state. Probably just muck along, and have proxy attacks like they have had for decades.

Author:  Darkside [ Tue Jun 20, 2017 8:53 pm ]
Post subject:  Re: Oil prices are about to skyrocket

Ogie Oglethorpe wrote:
Major tensions in the Gulf states as Egypt, Bahrain, and Saudi Arabia have all cut ties with Qatar (expect more to follow).

This will be interesting to follow.

It is no secret that Qatar has been a haven for extremists groups while also using its state run Al Jazeera network to try to create disruptions in rival states.

Don't take investment advice from Ogie....
http://money.cnn.com/2017/06/20/investi ... index.html

Author:  Ogie Oglethorpe [ Tue Jun 20, 2017 8:55 pm ]
Post subject:  Re: Oil prices are about to skyrocket

Darkside wrote:
Ogie Oglethorpe wrote:
Major tensions in the Gulf states as Egypt, Bahrain, and Saudi Arabia have all cut ties with Qatar (expect more to follow).

This will be interesting to follow.

It is no secret that Qatar has been a haven for extremists groups while also using its state run Al Jazeera network to try to create disruptions in rival states.

Don't take investment advice from Ogie....
http://money.cnn.com/2017/06/20/investi ... index.html

I did call this one wrong, this is why I only invest in index funds. :lol:

The Gulf crisis is not over, but I guess the real lesson here is fracking changed everything about the oil market as without it, this would be enough to spike prices.

Author:  Brick [ Wed Jun 21, 2017 5:46 am ]
Post subject:  Re: Oil prices are about to skyrocket

Ogie Oglethorpe wrote:
Darkside wrote:
Ogie Oglethorpe wrote:
Major tensions in the Gulf states as Egypt, Bahrain, and Saudi Arabia have all cut ties with Qatar (expect more to follow).

This will be interesting to follow.

It is no secret that Qatar has been a haven for extremists groups while also using its state run Al Jazeera network to try to create disruptions in rival states.

Don't take investment advice from Ogie....
http://money.cnn.com/2017/06/20/investi ... index.html

I did call this one wrong, this is why I only invest in index funds. :lol:

The Gulf crisis is not over, but I guess the real lesson here is fracking changed everything about the oil market as without it, this would be enough to spike prices.

Republicans were right! I don't hear any mocking of Drill, Baby, Drill today!

Author:  pittmike [ Wed Jun 21, 2017 11:33 am ]
Post subject:  Re: Oil prices are about to skyrocket

Boilermaker Rick wrote:
Ogie Oglethorpe wrote:
Darkside wrote:
Ogie Oglethorpe wrote:
Major tensions in the Gulf states as Egypt, Bahrain, and Saudi Arabia have all cut ties with Qatar (expect more to follow).

This will be interesting to follow.

It is no secret that Qatar has been a haven for extremists groups while also using its state run Al Jazeera network to try to create disruptions in rival states.

Don't take investment advice from Ogie....
http://money.cnn.com/2017/06/20/investi ... index.html

I did call this one wrong, this is why I only invest in index funds. :lol:

The Gulf crisis is not over, but I guess the real lesson here is fracking changed everything about the oil market as without it, this would be enough to spike prices.

Republicans were right! I don't hear any mocking of Drill, Baby, Drill today!


Never any credit. :lol: all you get are snowflakes crying environment. I want my S.U.V.

Author:  Dignified Rube [ Fri Jun 23, 2017 1:34 pm ]
Post subject:  Re: Oil prices are about to skyrocket

Ogie Oglethorpe wrote:
Major tensions in the Gulf states as Egypt, Bahrain, and Saudi Arabia have all cut ties with Qatar (expect more to follow).

This will be interesting to follow.

It is no secret that Qatar has been a haven for extremists groups while also using its state run Al Jazeera network to try to create disruptions in rival states.


WTH, Ogie? We're down $5 from when you made your call on WTI.

CF members are losing their shirts going long on crude. We're at $42.73 today.

Author:  Ogie Oglethorpe [ Fri Jun 23, 2017 2:14 pm ]
Post subject:  Re: Oil prices are about to skyrocket

Dignified Rube wrote:
Ogie Oglethorpe wrote:
Major tensions in the Gulf states as Egypt, Bahrain, and Saudi Arabia have all cut ties with Qatar (expect more to follow).

This will be interesting to follow.

It is no secret that Qatar has been a haven for extremists groups while also using its state run Al Jazeera network to try to create disruptions in rival states.


WTH, Ogie? We're down $5 from when you made your call on WTI.

CF members are losing their shirts going long on crude. We're at $42.73 today.

:lol:

Author:  Ogie Oglethorpe [ Mon Jul 03, 2017 11:44 am ]
Post subject:  Re: Oil prices are about to skyrocket

Qatar has been given 48 hours to respond to Gulf country demands. No word on what happens after 48 hours.

http://www.cnn.com/2017/07/03/middleeas ... index.html

Author:  TurdFerguson [ Mon Jul 03, 2017 12:01 pm ]
Post subject:  Re: Oil prices are about to skyrocket

Ogie Oglethorpe wrote:
Qatar has been given 48 hours to respond to Gulf country demands. No word on what happens after 48 hours.

http://www.cnn.com/2017/07/03/middleeas ... index.html


Image

Author:  America [ Mon Jul 03, 2017 12:07 pm ]
Post subject:  Re: Oil prices are about to skyrocket

Qatar Airways has some pretty cheap fares right now.

Author:  Regular Reader [ Mon Jul 03, 2017 12:08 pm ]
Post subject:  Re: Oil prices are about to skyrocket

TurdFerguson wrote:
Ogie Oglethorpe wrote:
Qatar has been given 48 hours to respond to Gulf country demands. No word on what happens after 48 hours.

http://www.cnn.com/2017/07/03/middleeas ... index.html


Image


:lol:

Author:  Ogie Oglethorpe [ Mon Jul 03, 2017 12:23 pm ]
Post subject:  Re: Oil prices are about to skyrocket

America wrote:
Qatar Airways has some pretty cheap fares right now.

They are only afloat due to large subsidies that they receive. The super-connectors (Qatar, Etihad, and Emirates) fly with about half the planes empty.

If they played by the rules of every other airline, they would be bankrupt, but the oil rich monarchs write them checks to cover their debt.

The problems with them aren't even political, it's that their model is failing. They were built on the idea of using 2 jumbo jet routes to connect large cities via their hub, but passengers have spoken and they prefer mid-sized long range jets that fly point to point rather than via a hub on a larger A-380.

That is why the A-350 and 787 are raking in over a thousand orders each whereas the A-380 and 747-8 are both being discontinued before they reached break-even for Airbus or Boeing.

Author:  America [ Mon Jul 03, 2017 1:08 pm ]
Post subject:  Re: Oil prices are about to skyrocket

Have you ever been to Israel? You haven't? Well then SHUT UP about the airline business and American police because until you've been to Israel I'm gonna talk down to you condescendingly on those subjects.

Author:  Douchebag [ Mon Jul 03, 2017 1:15 pm ]
Post subject:  Re: Oil prices are about to skyrocket

America wrote:
Have you ever been to Israel? You haven't? Well then SHUT UP about the airline business and American police because until you've been to Israel I'm gonna talk down to you condescendingly on those subjects.

:lol: :lol:

Author:  Ogie Oglethorpe [ Mon Jul 03, 2017 3:02 pm ]
Post subject:  Re: Oil prices are about to skyrocket

America wrote:
Have you ever been to Israel? You haven't? Well then SHUT UP about the airline business and American police because until you've been to Israel I'm gonna talk down to you condescendingly on those subjects.

You're kind of funny. Don't ever change.

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