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Investment Banker Predicts $300 a Barrel Oil

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Old 02-28-2008 | 05:20 PM
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Investment Banker Predicts $300 a Barrel Oil

Are you willing to pay $9 to fill up your gas tank? According to this author/investor (who talks to the "Money Honey" on WSJ Report)oil prices are going to skyrocket in the near future. Time to wake up to the threat of oil and food prices doubling and tripling. The author does offer some solutions.

Old 02-28-2008 | 05:47 PM
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$9 to fill my tank ? fukk ya Id pay that - but if ya mean $9 a liter, well thats a diff story
Old 02-28-2008 | 08:03 PM
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The earth dosnt pump out oil as fast as we use it, obviously prices are going to go up as we start to run out. Look at that new Nano car in india..everyone can afford one so everyones going to drive one. ITs kinda shitty these prices are going to be like this, especially when next year im going to want a new car. Get used to it, plan for the future..start investing in renewable sources before your screwed.
Old 02-28-2008 | 09:13 PM
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hybrid all the way
Old 02-29-2008 | 02:57 AM
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its like smoking.

you know its bound to happen one day, but you just dont want to face the consequences until they STAB YOU RIGHT IN THE ****ING FACE
Old 02-29-2008 | 06:58 AM
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U.S. bull sh#t
And its $9 a gallon not litre.
The price of gas dropped yesterday and they said it was due to our higher dollar.
Old 02-29-2008 | 10:18 AM
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I don't know much about oil, but can you invest in it? Like stock-wise?
Old 02-29-2008 | 11:13 AM
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Originally Posted by drift_n_shift
I don't know much about oil, but can you invest in it? Like stock-wise?
yes you can.....i believe all of the companies are publicly traded
Old 02-29-2008 | 07:50 PM
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Yup a gallon, not Litre - I was being a smart *** cuz 2Tone said

Are you willing to pay $9 to fill up your gas tank?
instead of per gallon

I'll shut up now....
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