Oil Prices

 

Hi,
On the back of a perioed of unprecedent oil price increases.
How far more can the customer pay?.
RayH.

 

As much as they feel like charging. Or can get away with. You can make
your own fuel, and not be a hostage.

Biodiesel, WVO, Ethanol, Methane, and Electric are all options.

Steve Spence
Dir., Green Trust, http://www.green-trust.org
Contributing Editor, http://www.off-grid.net
http://www.rebelwolf.com/essn.html

Ray Hogan wrote:

 

What is the projected value of the Barrel of oil for this time next year?.
RayH.

 

Ray Hogan wrote:


Any guess would be pure speculation, projections about the price of
barrel of oil two days from now are the equivalent of vaporware.  If we
build new refineries, the cost could come down, hurricane interrupts
Gulf oil well production, cost goes up, discover a room temp
superconductor and energy will practically be free!  So who knows, and
more important to me, who cares unless you're going to just sit and
worry about it.

Herb

 

Yes,  any projection is just speculation, but there must be a point where
the producer and consumer have reached the optimium value. Some say this is
about $90 a barrel.
Regards.
RayH.