Yeah, I know, you're not a registered financial adviser and the values of stuff can go down as well as up...
2006-11-03 04:05:04 · 21 answers · asked by wild_eep 6 in Social Science ➔ Economics
I liked some of these answers they made me laugh unfortunately however records show that fuel prices world wide will continue to rise at a steady pace. I guess we will just have to wait and see if this is the truth
They do say that 90% of statistics is made up on the spot so who knows maybe they are all wrong -
2006-11-03 04:53:59 · answer #1 · answered by Anonymous · 0⤊ 0⤋
$1.97 9/10 in 2007 and $2.13 9/10 in 2008. I know this because I am the person who sets the prices. Please keep this to yourself. I have arranged for very large reserves to be discovered in the Gulf and elsewhere. But, I won't be releasing much of it until around 2012 because I need to build a few more wells and refineries first. In the meantime, please don't make the price go lower by encouraging nuclear fuel use. That would be a 15 year program anyway, so that does not worry me much. Most ethanol production will help us out so don't stop that little environmental lie. Ethanol production in most cases is energy negative - but at least it helps the farmers and (ahem!) the big agri-corporations. Thank you very much. For now, hydrogen fuel production is a negative energy balance too because of the fuel (coal) to make the electricity to make the hydrogen. Go go go enviroquacks! I still don't expect to raise the price of gasoline much until about 2010 anyway.
2006-11-03 14:16:22 · answer #2 · answered by Me3TV 2 · 1⤊ 0⤋
If the market is working properly, the futures prices should take into account predictable changes into the future. People much more into this than I am do there best to make money through predicting the future prices of oil. Realize that there is a risk premium and a premium for matching expected return on other possible investements. Therefore futures prices will be somewhat lower than actualized prices on average.
2006-11-03 16:36:18 · answer #3 · answered by GreenManorite 3 · 1⤊ 0⤋
With so much free energy available I find it is only a matter of time before the lid shall be taken off one of the most important forms of knowledge that our governments have chosen to hide from us in the name of "security". Just bang into any search engine: 'free energy' and behold what transpires. Or for that matter the Englishman who is being taken to court in the good old USA for hacking, again use that search engine... Gary + BBC .... 8 minutes of video, which will cause you to open your eyes.
2006-11-03 13:12:10 · answer #4 · answered by Anonymous · 0⤊ 0⤋
At or close to holday time the price of fuel at the pumps will rocket. As soon as the kids are back at school it will fall.
If some Israeli or Palestinian throws stones at each other the stock market will panic.....I know.......it's nothing to do with oil but it's as good an excuse as any.
The rich get richer.....the poor get poorer.
Come the Revolution ????????
2006-11-03 12:34:04 · answer #5 · answered by Pit Bull 5 · 0⤊ 0⤋
Depends on whether bush and blair decide to enter any other countries that have oil on the pretence of weapons of mass destruction. Weird how they didn't go into N. Korea!! Still they have the weapons but not the oil!
2006-11-03 12:26:20 · answer #6 · answered by english_rose10 3 · 1⤊ 0⤋
2 expensive
2006-11-03 13:39:58 · answer #7 · answered by Anonymous · 0⤊ 0⤋
35-45$ per barrel
2006-11-03 12:34:51 · answer #8 · answered by edwin4208 5 · 0⤊ 0⤋
$3.10 in 2007 and $4.25 in 2008. Go hybrids!!!!
2006-11-03 13:42:08 · answer #9 · answered by Lost in Maryland 4 · 0⤊ 0⤋
I would bet for higher than it is now because of continued mid-east strife and China's booming economy and heightened demand for energy.
2006-11-03 12:57:51 · answer #10 · answered by Anonymous · 1⤊ 0⤋