time to panic? gas $4 a gallon by spring.

Started by stephendare, February 27, 2008, 01:47:19 PM

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gatorback

#120
April 21, 2008, 10:15:41 PM
Stephen haven't you heard 130 is the new 120?
'As a sinner I am truly conscious of having often offended my Creator and I beg him to forgive me, but as a Queen and Sovereign, I am aware of no fault or offence for which I have to render account to anyone here below.'   Mary, queen of Scots to her jailer, Sir Amyas Paulet; October 1586

5400again

#121
May 03, 2008, 07:43:30 PM
I'm totally for high oil prices people need to consume less oil.  On a side note, my family owns land with oil on it.

5400again

#122
May 06, 2008, 12:38:06 AM Last Edit: May 06, 2008, 01:02:23 AM by 5400again
I admit to NOT understanding a lot of what the brokers are saying. Fun and games this is NOT.  We're discussing the size of the property and the depth they think the oil is by how deep they think it goes figuring in the curve of the earth and then some volume of oil we have. We wouldn't have to dig.  They would drill and they might not even drill on our property.  They could drill miles away but what's under our land is still ours.  And from what we've seen of oil futures the booty is getting bigger.  As far as the forumla they are telling us I DON"T KNOW.  Does anybody know a good mineral rights attorney?  What if we don't agree to the numbers they've come up with?  Can we force them not to drill 2 blocks over?  When I think about it, I realize I have no  clue. It's really complicated.  IT'S REALLY NOT FUNNY.  :-\  Of course, there might not be any oil there they say.  "We should take the offer."

jaxhater

#124
June 06, 2008, 01:14:56 PM
Its a exciting new world ahead of us.
Obama will push that gas price to unbelieveable amounts, unemployment will rise, prices on all things will rise, except real estate, which will tank for the next decade.
Then a war with Iran.
Its all so exciting!!!!!!!!!!

gatorback

#125
June 06, 2008, 02:25:39 PM
yup.  i think the smart money will step in at around 3:45...let's see what they buy.
'As a sinner I am truly conscious of having often offended my Creator and I beg him to forgive me, but as a Queen and Sovereign, I am aware of no fault or offence for which I have to render account to anyone here below.'   Mary, queen of Scots to her jailer, Sir Amyas Paulet; October 1586

thelakelander

#126
June 06, 2008, 02:40:44 PM
Sounds like its time to invest in rail.
"A man who views the world the same at 50 as he did at 20 has wasted 30 years of his life." - Muhammad Ali

Driven1

#127
June 06, 2008, 03:42:08 PM Last Edit: June 06, 2008, 03:44:19 PM by Driven1
Quote from: thelakelander on June 06, 2008, 02:40:44 PM
Sounds like its time to invest in rail.

the time was 6 months ago...
CSX has gone from $43 to $68 in the last 6 months.



PS - I think CSX will continue to do well though.

Driven1

#128
June 06, 2008, 03:43:20 PM
but, of course, that is nothing compared to POT (my fav stock)... gone from $130 to $220 in last 6 mos...



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