Oil Prices Reach $150 on July 4 Prop

coloradobuff95 · Jun 6, 2008

Just saw this on oddsmaker.com

Will Oil Prices be at Least $150 on July 4th?

yes -200/No +160

Bluemyboy · Jun 6, 2008

I'd take no.

nhoj · Jun 6, 2008

Only $13 away. At the rate oil is climbing I would have to chalk it up and go with Yes for one tank of gas.

Bluemyboy · Jun 9, 2008

Dropped over 4$ today so far.... back under 135. We should be down much lower imo.

Bluemyboy · Jun 9, 2008

odds are -170/+140 now

bookie · Jun 9, 2008

Any hurricane, war, terrorist attack...etc. from now till July 4th would easily take it to $175 or higher.

Anonymous1 · Jun 9, 2008

Saudi Oil minister also saying prices are not inline with market, etc., now whether he is just petting Bush or not is another story, but it could help to keep a lid at the $140.00 mark...

5iveDaggers · Jun 9, 2008

The roll over and die mentality of this country (us) is pretty sad.. I always thought if gas hit 4 bucks there would be a revolution... but its just a bunch of bitching and no action..

The rich get richer.

teazeman · Jun 9, 2008

cheapseats said:
Saudi Oil minister also saying prices are not inline with market, etc.

he said the same thing about 5-6yrs ago when they wanted oil to be in the target range of 42-52 per, look what the fcuk that got us.

Mr.Smith · Jun 9, 2008

prop reads "on" July 4. so if it spikes to $160 in June, but on July 4 its $149....no should win.

by the way, I heard on TV that USA uses 20 billion barrels of oil a day. We produce 5 billion. so we import and pay govt's that hate us ( mostly) for 15 BILLION barrels of oil a day? WTF!!!! :WTF:

So thats $2,070,000,000 going out a day and those assclowns in Washington are worried if I want to neteller $300 to party poker today? :Carcajada: just unbelievable! we are screwed

Brock Landers · Jun 9, 2008

its down 4 bux today...not likely to get there by no July 4th, thats less than a month away. currently 134.35

Bluemyboy · Jun 9, 2008

Mr. Smith said:
prop reads "on" July 4. so if it spikes to $160 in June, but on July 4 its $149....no should win.

by the way, I heard on TV that USA uses 20 billion barrels of oil a day. We produce 5 billion. so we import and pay govt's that hate us ( mostly) for 15 BILLION barrels of oil a day? WTF!!!! :WTF:

So thats $2,070,000,000 going out a day and those assclowns in Washington are worried if I want to neteller $300 to party poker today? :Carcajada: just unbelievable! we are screwed

yep, we need to get energy independent to a much larger extent. We have the means.

Mr.Smith · Jun 9, 2008

oops, we use 20 million barrels a day not billion.

15 million barrels a day imported x $135, so we send out 2 trillion dollars a day to buy oil

G.MONEY · Jun 9, 2008

Not up at bookmaker as of now!

Brock Landers · Jun 9, 2008

Oil closes down 4.19 to 134.35

Gator627 · Jun 9, 2008

You know they will spike that price for a barrel right before a traveling/vacation weekend like July 4th. I say "Yes" .

Bluemyboy · Jun 9, 2008

Gator627 said:
You know they will spike that price for a barrel right before a traveling/vacation weekend like July 4th. I say "Yes" .

unless the are price is already too high.

Woody0 · Jun 9, 2008

Mr. Smith said:
oops, we use 20 million barrels a day not billion.

15 million barrels a day imported x $135, so we send out 2 trillion dollars a day to buy oil

Almost got it right now.

Consumption at 20 million barrels per day and the price of 15 million imported barrels at $135 is 2 billion dollars a day.

buddyboy · Jun 10, 2008

we import and pay govt's that hate us

I don't think the two largest exporters of oil to the USA, (Canada and Mexico), hate us.

Brock Landers · Jun 10, 2008

Oil down 95 cents today to 133.40

And the price at the pump just keeps going up, down 5 bux from its all time high..

the love to Riase the price and HATE to lower it.