Portofino Resort- Now with a new BEACH BAR!!
Page 1 of 2 1 2 >
Topic Options
#315015 - 12/17/08 08:18 PM Oil prices
Peter Jones Offline
... are expected to go up by at least 12% as an intended consequence of OPEC cutting production.

#315021 - 12/17/08 08:35 PM Re: Oil prices [Re: Peter Jones]
seashell Offline
Interestingly enough, it has already gone down $1.88 this morning, based on January prices.

Maybe it's going to take a bit longer to see the increase.

Or maybe no one knows what the heck is going to happen.
A fish and a bird can fall in love, but where will they build their nest?

#315035 - 12/17/08 10:00 PM Re: Oil prices [Re: seashell]
seashell Offline
"Crude oil for January delivery declined $3.45, or 7.9 percent, to $40.15 a barrel at the 2:30 p.m. close of floor trading on the New York Mercantile Exchange. Futures touched $39.88, the lowest since July 2004. Prices have tumbled 73 percent from a record $147.27 on July 11."

The above taken from this article:


A fish and a bird can fall in love, but where will they build their nest?

#315036 - 12/17/08 10:00 PM Re: Oil prices [Re: seashell]
Peter Jones Offline
According to the paper I read, OPEC's purpose is to raise the price at least that much, so they will keep cutting production until they achieve it. Kinda leaves us between a rock and a hard place.

#315037 - 12/17/08 10:10 PM Re: Oil prices [Re: Peter Jones]
seashell Offline
I thought Saudi thought that $75 was fair.

From where I'm sitting, that would be fair. Might be hard on the price of gas down in Belize, but the upside for me personally would be that I would have work, ergo be able to afford to go to Belize to pay exhoribitant prices for gas.
A fish and a bird can fall in love, but where will they build their nest?

#315038 - 12/17/08 10:15 PM Re: Oil prices [Re: seashell]
klcman Offline
SS - I think I'd be pretty comfortable in stating that your bar tab exceeds your petrol tab by an exponential amount - say like 5000:1 source: http://www.seashellsliquidintake.com
_ _ _ _ _ _ _________________ _ _ _ _ _ _
But then what do I know, I am but a mere caveman

#315042 - 12/17/08 10:28 PM Re: Oil prices [Re: klcman]
MALIBU Offline
seashellsliquidintake link not working.

#315044 - 12/17/08 10:41 PM Re: Oil prices [Re: MALIBU]
Ernie B Offline
Crude closed at $40.06, even with OPEC reduction in output, supply is forcast to exceed forecasted demand.

Edited by Ernie B (12/17/08 10:42 PM)
Gun Control is Hitting Your Target.

#315045 - 12/17/08 10:46 PM Re: Oil prices [Re: MALIBU]
pugwash Offline
Originally Posted By: MALIBU
seashellsliquidintake link not working.

I have a bridge for sale if you are interested smile
It's rarely rocket science, it's usually just math: then again if you can't do the math.......

#315066 - 12/18/08 12:38 AM Re: Oil prices [Re: Peter Jones]
ragman Offline
Peter, The member countries spent money they expected from oil sales and will now say they are cutting supplies to drive up prices but in reality they will cheat on their output to pay their bills. This is all part of their psychological battle to seperate us from as much money as they can.

Of course eventually it will go back their way unless we find other ways to do business. My suggestion, start building Nuclear power stations. Of course continue on green energy but costs are not in their favor at the moment.
Somewhere on a beach in Belize

Page 1 of 2 1 2 >

Click for excellent scuba lessons with Elbert Greer!

Things to do

Daily News
Daily Weather

Classified Ads
San Pedro Sun
Ambergris Today
SP Town Council
Channel 7
Channel 5
Love FM
The Reporter
Caye Caulker

TV Newscasts
Radio Stations

Click for our
Search thousands of Belizean-only websites

Event Guides
Event Calendar
Specials & Events
Things to Do
iTravel Belize
Paradise Theater

San Pedro Scoop!
Tia Chocolate
My Beautiful Belize
I-Travel Belize
Belize Adventure
Belize Hub
Romantic Travel
Bound for Belize
Conch Creative
As The Coconuts Drop
More Blogs...
Search thousands of Belizean-only websites
Chaa Creek is an award-winning luxury Belize Resort, rated as one of the worlds best Eco Lodges. We are a pioneer in adventure travel to Belize since 1981!
White Sands Dive Shop - 5 Star PADI Dive Facility - Daily diving, SCUBA instruction and Snorkeling
Caribbean Inspired All Natural Condiments & Spice Blends, Over 100 are Gluten Free!
We manage a variety of homes, apartments, condos and commercial properties here on Ambergris Caye. Our minimum lease on ALL properties is six months.
Conch Shell Inn: All rooms are right on the beach in the heart of San Pedro, so within walking distance to anything and everything!!
Lilí Alphonse has snorkel equipment to fit anyone as well as Marine Park Tickets and flotation devices to assist those not as experienced.
Coastal Xpress offers a daily scheduled ferry run to most resorts, restaurants and private piers on the island of Anbergris Caye. We also offer  private and charter water taxi service.
Mini Chat

Cayo Espanto
Click for Cayo Espanto, and have your own private island
More Links
Click for exciting and adventurous tours of Belize with Katie Valk!
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31
Who's Online
1 registered (1 invisible), 37 Guests and 5 Spiders online.
Key: Admin, Global Mod, Mod
Forum Stats
18,721 Registered Members
44 Forums
64,385 Topics
463,243 Posts

Most users ever online: 1,262 @ 06/10/07 07:16 PM

AmbergrisCaye.com CayeCaulker.org HELP! Visitor Center Goods & Services San Pedro Town
BelizeSearch.com Message Board Lodging Diving Fishing Things to Do History
BelizeNews.com Maps Phonebook Belize Business Directory
BelizeCards.com SanPedroDaily.com Picture of the Day

The opinions and views expressed on this board are the subjective opinions of Ambergris Caye Message Board members
and not of the Ambergris Caye Message Board its affiliates, or its employees.