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  #71  
Old 12-05-2008, 05:25 PM
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Ron Lee Ron Lee is offline
 
Join Date: Jun 2005
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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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  #72  
Old 12-06-2008, 09:51 AM
TSwezey TSwezey is offline
 
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Location: Savannah, GA
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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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RV-10 Vesta V8 LS2/BMA EFIS/One formerly flying at 3J1 Hobbs stopped at 150 hours
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  #73  
Old 12-06-2008, 10:25 AM
uhhuh35 uhhuh35 is offline
 
Join Date: Jan 2005
Location: Fayetteville, PA
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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!
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  #74  
Old 12-06-2008, 10:39 AM
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rv8ch rv8ch is offline
 
Join Date: Feb 2005
Location: LSGY
Posts: 3,198
Default 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...

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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Last edited by rv8ch : 12-06-2008 at 10:50 AM. Reason: added oil price image
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  #75  
Old 12-06-2008, 11:20 AM
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Geico266 Geico266 is offline
 
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Location: Huskerland, USA
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Quote:
Originally Posted by rv8ch View Post
If anyone is interested in any more of my predictions, please let me know.
Predict away, ol wise one.
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  #76  
Old 12-06-2008, 06:51 PM
RScott RScott is offline
 
Join Date: Aug 2005
Location: Estacada, OR
Posts: 787
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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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Last edited by RScott : 12-07-2008 at 10:27 AM.
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