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Oil Seen Dropping to $55 Next Week as Price Rout Deepens
- Thread starter krafty
- Start date
Will bus and mrt fare be cheaper now ?
let me discuss with lui tuck yew...
Later I am going Kranji with him. You want to join us ?
u can eat mor oil n grow fat! ...Will bus and mrt fare be cheaper now ?
:o
you are the jockey who will be riding on him?
Later I am going Kranji with him. You want to join us ?
Don't be so happy so fast, this price drop is not permanent.
It could be a tactical move by USA and allies to 'fix' Russia and the ISIS as both depend heavily on oil revenues for their economies and financing of their military operations.
Yes politics is behind this drop rather than economics.
No lah ...it is Saudi versus America. Market share fight.
Most of the Arab OPEC countries are dogs of the American-Jewish cabal. The odd few who stood in their way (Libya and Iraq) were obliterated and were on the receiving end of 'regime change'.
Will bus and mrt fare be cheaper now ?
Don't forget about the electricity prices.
The PAP is charging everyone $$$ for the cost of electricity because they are tying the cost of electricity to the price of oil. Even though they are using cheaper gas & not oil. Now that the oil prices have fallen do you think that they will reduce the price of electricity
Of course not. So this This will be another election issue for the next GE.
I dont think they dare to push until Russia cant breathe if not Russia may act crazy especially with Putin the gung ho in charge.
If you look at the "Similar threads" section just below, the last oil price drop was in 2008. It's a cyclical thing, not permanent.
uh that means its time to buy oil?if oil goes back to 100 we are looking at a nice 70 percent upside here.
why is russia fucked?russia is a poor country they are used to being poor.i dont think they mind being a little poorer.this is a move by OPEC to fuck USA.i think US got many thing to lose.especially with a bubble stock market at 2000.
Dun be fooled by the oil industry conspiracy to make people rely more on temporary cheap oil and forget about renewable energy which would make them redundant.
Later it will go back up again and then you guys will be complaining about rising prices for almost about everything like food and energy costs.
Later it will go back up again and then you guys will be complaining about rising prices for almost about everything like food and energy costs.
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