Comments on: Is the price of oil too low now? http://www.thickenmywallet.com/blog/wp/2008/12/04/is-the-price-of-oil-too-low-now/ Everything to do with thickening your wallet Wed, 01 Feb 2012 15:44:00 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Thicken My Wallet » Blog Archive » Are we heading back to $100 barrel of oil? http://www.thickenmywallet.com/blog/wp/2008/12/04/is-the-price-of-oil-too-low-now/comment-page-1/#comment-18403 Thicken My Wallet » Blog Archive » Are we heading back to $100 barrel of oil? Tue, 24 Mar 2009 09:02:27 +0000 http://www.thickenmywallet.com/blog/wp/?p=597#comment-18403 [...] Supply is decreasing. As I wrote before, OPEC has indicated that they believe a “right” price for a barrel of oil is $75 and, given their ability to impact supply through production cuts, what OPEC wants, it [...] [...] Supply is decreasing. As I wrote before, OPEC has indicated that they believe a “right” price for a barrel of oil is $75 and, given their ability to impact supply through production cuts, what OPEC wants, it [...]

]]> By: The Well-Heeled | Creating Wealth Through Knowledge http://www.thickenmywallet.com/blog/wp/2008/12/04/is-the-price-of-oil-too-low-now/comment-page-1/#comment-17415 The Well-Heeled | Creating Wealth Through Knowledge Fri, 05 Dec 2008 20:41:14 +0000 http://www.thickenmywallet.com/blog/wp/?p=597#comment-17415 [...] Thicken My Wallet: Is the price of oil too low now? [...] [...] Thicken My Wallet: Is the price of oil too low now? [...]

]]> By: A Roy http://www.thickenmywallet.com/blog/wp/2008/12/04/is-the-price-of-oil-too-low-now/comment-page-1/#comment-17409 A Roy Thu, 04 Dec 2008 17:34:18 +0000 http://www.thickenmywallet.com/blog/wp/?p=597#comment-17409 Another major issue is that if the price of oil is too low for OPEC Nations that hold US debt instruments it could result in another shock in the T-Bill and $US market. Heard rumblings from various sources is that perhaps a low price of oil could be viewed as another form of economic warfare designed to keep OPEC, Russia and Venezeula on the brink of bankruptcy for various and sundry reasons... Another major issue is that if the price of oil is too low for OPEC Nations that hold US debt instruments it could result in another shock in the T-Bill and $US market.

Heard rumblings from various sources is that perhaps a low price of oil could be viewed as another form of economic warfare designed to keep OPEC, Russia and Venezeula on the brink of bankruptcy for various and sundry reasons…

]]> By: MoneyGrubbingLawyer http://www.thickenmywallet.com/blog/wp/2008/12/04/is-the-price-of-oil-too-low-now/comment-page-1/#comment-17408 MoneyGrubbingLawyer Thu, 04 Dec 2008 17:24:50 +0000 http://www.thickenmywallet.com/blog/wp/?p=597#comment-17408 Living in a province whose fortunes rise and fall with the price of oil, I'd be more than happy to see oil begin to climb again. Other provinces are in the same situation too, and a large sector of the Canadian economy benefits from higher oil prices. I'll gladly pay a bit more at the pump for that economic boost. That doesn't mean i want $150+ oil, but $70-$80 would be quite nice. Living in a province whose fortunes rise and fall with the price of oil, I’d be more than happy to see oil begin to climb again. Other provinces are in the same situation too, and a large sector of the Canadian economy benefits from higher oil prices. I’ll gladly pay a bit more at the pump for that economic boost. That doesn’t mean i want $150+ oil, but $70-$80 would be quite nice.

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