Tom Kirkman + 8,860 February 26, 2019 I'll spare you another dose of my ad nauseum comments about my expectations for an average of $70 Brent for this year. A quick forum search says I have mentioned $70 oil about 750 times so far: Goldman: Brent Oil To Reach $70-$75 Soon As the oil market continues to tighten significantly, Brent Crude oil prices could reach $70 to $75 a barrel in the near term, with an upside potential of exceeding the $67.50 a barrel forecast, according to Goldman Sachs. The outlook for the oil market through the end of June 2019 is modestly bullish, Reuters quoted the investment bank as saying in a research note on Monday. Quote Share this post Link to post Share on other sites
Marina Schwarz + 1,576 February 26, 2019 I know, RIGHT? Still recovering from the shock. Quote Share this post Link to post Share on other sites
Illurion + 894 IG February 26, 2019 10 hours ago, Tom Kirkman said: I'll spare you another dose of my ad nauseum comments about my expectations for an average of $70 Brent for this year. A quick forum search says I have mentioned $70 oil about 750 times so far: Goldman: Brent Oil To Reach $70-$75 Soon As the oil market continues to tighten significantly, Brent Crude oil prices could reach $70 to $75 a barrel in the near term, with an upside potential of exceeding the $67.50 a barrel forecast, according to Goldman Sachs. The outlook for the oil market through the end of June 2019 is modestly bullish, Reuters quoted the investment bank as saying in a research note on Monday. I don't know what you are talking about Tom... Surely you do not want me to have to spend more of my small monthly Social Security pension on gasoline than i do now ? Phooeey on rising Brent...... Quote Share this post Link to post Share on other sites
Dan Warnick + 6,100 February 26, 2019 31 minutes ago, Illurion said: I don't know what you are talking about Tom... Surely you do not want me to have to spend more of my small monthly Social Security pension on gasoline than i do now ? Phooeey on rising Brent...... Yeah Tom. Do you know how many times fRed has to go to the hospital for new bionic parts? In fact, I think Elon could kill two birds with one stone and give Illurion a battery car: Makes him a convert and lowers his gas bill! Win-win. 1 1 2 Quote Share this post Link to post Share on other sites
Tom Kirkman + 8,860 February 26, 2019 8 hours ago, Illurion said: I don't know what you are talking about Tom... Surely you do not want me to have to spend more of my small monthly Social Security pension on gasoline than i do now ? Phooeey on rising Brent...... Brent averaged $71 last year. Why would $70 Brent now be bad for this year? Quote Share this post Link to post Share on other sites
Illurion + 894 IG February 27, 2019 (edited) 59 minutes ago, Tom Kirkman said: Brent averaged $71 last year. Why would $70 Brent now be bad for this year? Because i was saving money over the last year.... the price of regular gas has risen 44 cents per gallon in the last 7 days........ from $2.05 to $2.49... People on fixed incomes like me are really hurt by rising gas prices........ we cannot work overtime, or do anything to get more money...... we are just screwed..... this affects my ability to go to the doctor, or store, or take my Grandchildren to school.... Edited February 27, 2019 by Illurion Quote Share this post Link to post Share on other sites