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I predicted that prices would drop. Not how much or when. I just knew that the summer event was artificial.
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Gov't regulations are "forcing" me to use over 400 gallons of fuel over the next 39 flying hours! I will enjoy every bit of it too!
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The Saudis are working at getting the price to stabilize somwhere in the 70-75 dollar region. Obamas' economic advisor said recently that Obama would consider holding off of a "windfall profits tax" if oil were to stay under 80 dollars a barrell.
You got three guesses as to what price oil will stabilize at in the coming years and the first two don't count! :D |
Oil bubble
I'm not saying my prediction in June that the price of oil would fall was the *only* cause of it going down... :D
If anyone is interested in any more of my predictions, please let me know. :) http://www.vansairforce.com/communit...807#post232807 ![]() |
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OK, you guys who predicted oil would drop, did you sell oil stocks short? Were you confident enough to put your money on it?
I thought oil would drop, but I put no money on it either. And I didn't pretend to know when or how much. Ya' gotta know that before you bet. |
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