OT- Oil Prices
08-15-2005, 03:41 PM
#1
Guest
Posts: n/a
OT- Oil Prices
Spotted this while researching something else:
http://www.truckflix.com/news_article.php?newsid=1089
I don't know if this is a typo, a horrendous prediction or reason to hope.
Note the date of the article.
Pasted from link above:
Report predicts oil at $51 a barrel in 2025
04/19/2004 - 9:25:29 am
Crude oil prices will eventually reach $51 a barrel by 2025 because of
inflation and rising energy needs in developing nations, according to an
Energy Department projection.
The report by the DOE`s Energy Information Administration said strong
economic growth in Asia would drive world energy prices in the next decade.
The developing world`s demand for energy will nearly double by 2025 with
oil, coal and natural gas leading the way.
The report projects global energy demand to grow about 54 percent by 2025.
But China, India and other developing countries will see a 91 percent jump
as these countries continue rapid industrial development, said the EIA.
OPEC producers are expected to still be the major oil suppliers in 2025, the
report said. They now account for about a third of the oil being pumped.
The current average U.S. retail price of diesel fuel is $1.679 - the highest
prices are in California, where the average is $2.162.
http://www.truckflix.com/news_article.php?newsid=1089
I don't know if this is a typo, a horrendous prediction or reason to hope.
Note the date of the article.
Pasted from link above:
Report predicts oil at $51 a barrel in 2025
04/19/2004 - 9:25:29 am
Crude oil prices will eventually reach $51 a barrel by 2025 because of
inflation and rising energy needs in developing nations, according to an
Energy Department projection.
The report by the DOE`s Energy Information Administration said strong
economic growth in Asia would drive world energy prices in the next decade.
The developing world`s demand for energy will nearly double by 2025 with
oil, coal and natural gas leading the way.
The report projects global energy demand to grow about 54 percent by 2025.
But China, India and other developing countries will see a 91 percent jump
as these countries continue rapid industrial development, said the EIA.
OPEC producers are expected to still be the major oil suppliers in 2025, the
report said. They now account for about a third of the oil being pumped.
The current average U.S. retail price of diesel fuel is $1.679 - the highest
prices are in California, where the average is $2.162.
08-15-2005, 07:41 PM
#2
Guest
Posts: n/a
Re: OT- Oil Prices
Seems a very optimistic prediction more than a year ago. Didn't quite work
out that way eh? By 2025, the demand for oil will be either (1) quite less
due to the hydrogen fuel automobile. (2) quite low due to the outlaw of
privately owned conveyances - hence mass transit mandates, or (3)
Significantly more due to WWIII over the last petroleum reserves on the
planet. Can you imagine how much a horse will cost then?
Scott
"Cherokee-Ltd" <nospam@home.com> wrote in message
news:j9adnZ2dnZ0oRT6OnZ2dnZNtnd6dnZ2dRVn-y52dnZ0@rogers.com...
> Spotted this while researching something else:
> http://www.truckflix.com/news_article.php?newsid=1089
>
> I don't know if this is a typo, a horrendous prediction or reason to hope.
> Note the date of the article.
>
> Pasted from link above:
>
> Report predicts oil at $51 a barrel in 2025
> 04/19/2004 - 9:25:29 am
>
> Crude oil prices will eventually reach $51 a barrel by 2025 because of
> inflation and rising energy needs in developing nations, according to an
> Energy Department projection.
>
> The report by the DOE`s Energy Information Administration said strong
> economic growth in Asia would drive world energy prices in the next
> decade. The developing world`s demand for energy will nearly double by
> 2025 with oil, coal and natural gas leading the way.
>
> The report projects global energy demand to grow about 54 percent by 2025.
> But China, India and other developing countries will see a 91 percent jump
> as these countries continue rapid industrial development, said the EIA.
>
> OPEC producers are expected to still be the major oil suppliers in 2025,
> the report said. They now account for about a third of the oil being
> pumped.
>
> The current average U.S. retail price of diesel fuel is $1.679 - the
> highest prices are in California, where the average is $2.162.
>
>
out that way eh? By 2025, the demand for oil will be either (1) quite less
due to the hydrogen fuel automobile. (2) quite low due to the outlaw of
privately owned conveyances - hence mass transit mandates, or (3)
Significantly more due to WWIII over the last petroleum reserves on the
planet. Can you imagine how much a horse will cost then?
Scott
"Cherokee-Ltd" <nospam@home.com> wrote in message
news:j9adnZ2dnZ0oRT6OnZ2dnZNtnd6dnZ2dRVn-y52dnZ0@rogers.com...
> Spotted this while researching something else:
> http://www.truckflix.com/news_article.php?newsid=1089
>
> I don't know if this is a typo, a horrendous prediction or reason to hope.
> Note the date of the article.
>
> Pasted from link above:
>
> Report predicts oil at $51 a barrel in 2025
> 04/19/2004 - 9:25:29 am
>
> Crude oil prices will eventually reach $51 a barrel by 2025 because of
> inflation and rising energy needs in developing nations, according to an
> Energy Department projection.
>
> The report by the DOE`s Energy Information Administration said strong
> economic growth in Asia would drive world energy prices in the next
> decade. The developing world`s demand for energy will nearly double by
> 2025 with oil, coal and natural gas leading the way.
>
> The report projects global energy demand to grow about 54 percent by 2025.
> But China, India and other developing countries will see a 91 percent jump
> as these countries continue rapid industrial development, said the EIA.
>
> OPEC producers are expected to still be the major oil suppliers in 2025,
> the report said. They now account for about a third of the oil being
> pumped.
>
> The current average U.S. retail price of diesel fuel is $1.679 - the
> highest prices are in California, where the average is $2.162.
>
>
08-15-2005, 07:41 PM
#3
Guest
Posts: n/a
Re: OT- Oil Prices
Seems a very optimistic prediction more than a year ago. Didn't quite work
out that way eh? By 2025, the demand for oil will be either (1) quite less
due to the hydrogen fuel automobile. (2) quite low due to the outlaw of
privately owned conveyances - hence mass transit mandates, or (3)
Significantly more due to WWIII over the last petroleum reserves on the
planet. Can you imagine how much a horse will cost then?
Scott
"Cherokee-Ltd" <nospam@home.com> wrote in message
news:j9adnZ2dnZ0oRT6OnZ2dnZNtnd6dnZ2dRVn-y52dnZ0@rogers.com...
> Spotted this while researching something else:
> http://www.truckflix.com/news_article.php?newsid=1089
>
> I don't know if this is a typo, a horrendous prediction or reason to hope.
> Note the date of the article.
>
> Pasted from link above:
>
> Report predicts oil at $51 a barrel in 2025
> 04/19/2004 - 9:25:29 am
>
> Crude oil prices will eventually reach $51 a barrel by 2025 because of
> inflation and rising energy needs in developing nations, according to an
> Energy Department projection.
>
> The report by the DOE`s Energy Information Administration said strong
> economic growth in Asia would drive world energy prices in the next
> decade. The developing world`s demand for energy will nearly double by
> 2025 with oil, coal and natural gas leading the way.
>
> The report projects global energy demand to grow about 54 percent by 2025.
> But China, India and other developing countries will see a 91 percent jump
> as these countries continue rapid industrial development, said the EIA.
>
> OPEC producers are expected to still be the major oil suppliers in 2025,
> the report said. They now account for about a third of the oil being
> pumped.
>
> The current average U.S. retail price of diesel fuel is $1.679 - the
> highest prices are in California, where the average is $2.162.
>
>
out that way eh? By 2025, the demand for oil will be either (1) quite less
due to the hydrogen fuel automobile. (2) quite low due to the outlaw of
privately owned conveyances - hence mass transit mandates, or (3)
Significantly more due to WWIII over the last petroleum reserves on the
planet. Can you imagine how much a horse will cost then?
Scott
"Cherokee-Ltd" <nospam@home.com> wrote in message
news:j9adnZ2dnZ0oRT6OnZ2dnZNtnd6dnZ2dRVn-y52dnZ0@rogers.com...
> Spotted this while researching something else:
> http://www.truckflix.com/news_article.php?newsid=1089
>
> I don't know if this is a typo, a horrendous prediction or reason to hope.
> Note the date of the article.
>
> Pasted from link above:
>
> Report predicts oil at $51 a barrel in 2025
> 04/19/2004 - 9:25:29 am
>
> Crude oil prices will eventually reach $51 a barrel by 2025 because of
> inflation and rising energy needs in developing nations, according to an
> Energy Department projection.
>
> The report by the DOE`s Energy Information Administration said strong
> economic growth in Asia would drive world energy prices in the next
> decade. The developing world`s demand for energy will nearly double by
> 2025 with oil, coal and natural gas leading the way.
>
> The report projects global energy demand to grow about 54 percent by 2025.
> But China, India and other developing countries will see a 91 percent jump
> as these countries continue rapid industrial development, said the EIA.
>
> OPEC producers are expected to still be the major oil suppliers in 2025,
> the report said. They now account for about a third of the oil being
> pumped.
>
> The current average U.S. retail price of diesel fuel is $1.679 - the
> highest prices are in California, where the average is $2.162.
>
>
08-15-2005, 07:41 PM
#4
Guest
Posts: n/a
Re: OT- Oil Prices
Seems a very optimistic prediction more than a year ago. Didn't quite work
out that way eh? By 2025, the demand for oil will be either (1) quite less
due to the hydrogen fuel automobile. (2) quite low due to the outlaw of
privately owned conveyances - hence mass transit mandates, or (3)
Significantly more due to WWIII over the last petroleum reserves on the
planet. Can you imagine how much a horse will cost then?
Scott
"Cherokee-Ltd" <nospam@home.com> wrote in message
news:j9adnZ2dnZ0oRT6OnZ2dnZNtnd6dnZ2dRVn-y52dnZ0@rogers.com...
> Spotted this while researching something else:
> http://www.truckflix.com/news_article.php?newsid=1089
>
> I don't know if this is a typo, a horrendous prediction or reason to hope.
> Note the date of the article.
>
> Pasted from link above:
>
> Report predicts oil at $51 a barrel in 2025
> 04/19/2004 - 9:25:29 am
>
> Crude oil prices will eventually reach $51 a barrel by 2025 because of
> inflation and rising energy needs in developing nations, according to an
> Energy Department projection.
>
> The report by the DOE`s Energy Information Administration said strong
> economic growth in Asia would drive world energy prices in the next
> decade. The developing world`s demand for energy will nearly double by
> 2025 with oil, coal and natural gas leading the way.
>
> The report projects global energy demand to grow about 54 percent by 2025.
> But China, India and other developing countries will see a 91 percent jump
> as these countries continue rapid industrial development, said the EIA.
>
> OPEC producers are expected to still be the major oil suppliers in 2025,
> the report said. They now account for about a third of the oil being
> pumped.
>
> The current average U.S. retail price of diesel fuel is $1.679 - the
> highest prices are in California, where the average is $2.162.
>
>
out that way eh? By 2025, the demand for oil will be either (1) quite less
due to the hydrogen fuel automobile. (2) quite low due to the outlaw of
privately owned conveyances - hence mass transit mandates, or (3)
Significantly more due to WWIII over the last petroleum reserves on the
planet. Can you imagine how much a horse will cost then?
Scott
"Cherokee-Ltd" <nospam@home.com> wrote in message
news:j9adnZ2dnZ0oRT6OnZ2dnZNtnd6dnZ2dRVn-y52dnZ0@rogers.com...
> Spotted this while researching something else:
> http://www.truckflix.com/news_article.php?newsid=1089
>
> I don't know if this is a typo, a horrendous prediction or reason to hope.
> Note the date of the article.
>
> Pasted from link above:
>
> Report predicts oil at $51 a barrel in 2025
> 04/19/2004 - 9:25:29 am
>
> Crude oil prices will eventually reach $51 a barrel by 2025 because of
> inflation and rising energy needs in developing nations, according to an
> Energy Department projection.
>
> The report by the DOE`s Energy Information Administration said strong
> economic growth in Asia would drive world energy prices in the next
> decade. The developing world`s demand for energy will nearly double by
> 2025 with oil, coal and natural gas leading the way.
>
> The report projects global energy demand to grow about 54 percent by 2025.
> But China, India and other developing countries will see a 91 percent jump
> as these countries continue rapid industrial development, said the EIA.
>
> OPEC producers are expected to still be the major oil suppliers in 2025,
> the report said. They now account for about a third of the oil being
> pumped.
>
> The current average U.S. retail price of diesel fuel is $1.679 - the
> highest prices are in California, where the average is $2.162.
>
>
08-15-2005, 07:41 PM
#5
Guest
Posts: n/a
Re: OT- Oil Prices
Seems a very optimistic prediction more than a year ago. Didn't quite work
out that way eh? By 2025, the demand for oil will be either (1) quite less
due to the hydrogen fuel automobile. (2) quite low due to the outlaw of
privately owned conveyances - hence mass transit mandates, or (3)
Significantly more due to WWIII over the last petroleum reserves on the
planet. Can you imagine how much a horse will cost then?
Scott
"Cherokee-Ltd" <nospam@home.com> wrote in message
news:j9adnZ2dnZ0oRT6OnZ2dnZNtnd6dnZ2dRVn-y52dnZ0@rogers.com...
> Spotted this while researching something else:
> http://www.truckflix.com/news_article.php?newsid=1089
>
> I don't know if this is a typo, a horrendous prediction or reason to hope.
> Note the date of the article.
>
> Pasted from link above:
>
> Report predicts oil at $51 a barrel in 2025
> 04/19/2004 - 9:25:29 am
>
> Crude oil prices will eventually reach $51 a barrel by 2025 because of
> inflation and rising energy needs in developing nations, according to an
> Energy Department projection.
>
> The report by the DOE`s Energy Information Administration said strong
> economic growth in Asia would drive world energy prices in the next
> decade. The developing world`s demand for energy will nearly double by
> 2025 with oil, coal and natural gas leading the way.
>
> The report projects global energy demand to grow about 54 percent by 2025.
> But China, India and other developing countries will see a 91 percent jump
> as these countries continue rapid industrial development, said the EIA.
>
> OPEC producers are expected to still be the major oil suppliers in 2025,
> the report said. They now account for about a third of the oil being
> pumped.
>
> The current average U.S. retail price of diesel fuel is $1.679 - the
> highest prices are in California, where the average is $2.162.
>
>
out that way eh? By 2025, the demand for oil will be either (1) quite less
due to the hydrogen fuel automobile. (2) quite low due to the outlaw of
privately owned conveyances - hence mass transit mandates, or (3)
Significantly more due to WWIII over the last petroleum reserves on the
planet. Can you imagine how much a horse will cost then?
Scott
"Cherokee-Ltd" <nospam@home.com> wrote in message
news:j9adnZ2dnZ0oRT6OnZ2dnZNtnd6dnZ2dRVn-y52dnZ0@rogers.com...
> Spotted this while researching something else:
> http://www.truckflix.com/news_article.php?newsid=1089
>
> I don't know if this is a typo, a horrendous prediction or reason to hope.
> Note the date of the article.
>
> Pasted from link above:
>
> Report predicts oil at $51 a barrel in 2025
> 04/19/2004 - 9:25:29 am
>
> Crude oil prices will eventually reach $51 a barrel by 2025 because of
> inflation and rising energy needs in developing nations, according to an
> Energy Department projection.
>
> The report by the DOE`s Energy Information Administration said strong
> economic growth in Asia would drive world energy prices in the next
> decade. The developing world`s demand for energy will nearly double by
> 2025 with oil, coal and natural gas leading the way.
>
> The report projects global energy demand to grow about 54 percent by 2025.
> But China, India and other developing countries will see a 91 percent jump
> as these countries continue rapid industrial development, said the EIA.
>
> OPEC producers are expected to still be the major oil suppliers in 2025,
> the report said. They now account for about a third of the oil being
> pumped.
>
> The current average U.S. retail price of diesel fuel is $1.679 - the
> highest prices are in California, where the average is $2.162.
>
>
08-15-2005, 07:54 PM
#6
Guest
Posts: n/a
Re: OT- Oil Prices
Yeah, but it was before the election. If the Energy Dept predicted $60+ per
barrel in 16 months, it may have pushed Ohio over the edge.
Now that W doesn't need to run again, he can do all he can to keep his oil
buddies rich...
"reconair" <reconair@staffnet.com> wrote in message
news:11g2a21d71rt698@corp.supernews.com...
> Seems a very optimistic prediction more than a year ago. Didn't quite
> work out that way eh? By 2025, the demand for oil will be either (1)
> quite less due to the hydrogen fuel automobile. (2) quite low due to the
> outlaw of privately owned conveyances - hence mass transit mandates, or
> (3) Significantly more due to WWIII over the last petroleum reserves on
> the planet. Can you imagine how much a horse will cost then?
>
> Scott
> "Cherokee-Ltd" <nospam@home.com> wrote in message
> news:j9adnZ2dnZ0oRT6OnZ2dnZNtnd6dnZ2dRVn-y52dnZ0@rogers.com...
>> Spotted this while researching something else:
>> http://www.truckflix.com/news_article.php?newsid=1089
>>
>> I don't know if this is a typo, a horrendous prediction or reason to
>> hope. Note the date of the article.
>>
>> Pasted from link above:
>>
>> Report predicts oil at $51 a barrel in 2025
>> 04/19/2004 - 9:25:29 am
>>
>> Crude oil prices will eventually reach $51 a barrel by 2025 because of
>> inflation and rising energy needs in developing nations, according to an
>> Energy Department projection.
>>
>> The report by the DOE`s Energy Information Administration said strong
>> economic growth in Asia would drive world energy prices in the next
>> decade. The developing world`s demand for energy will nearly double by
>> 2025 with oil, coal and natural gas leading the way.
>>
>> The report projects global energy demand to grow about 54 percent by
>> 2025. But China, India and other developing countries will see a 91
>> percent jump as these countries continue rapid industrial development,
>> said the EIA.
>>
>> OPEC producers are expected to still be the major oil suppliers in 2025,
>> the report said. They now account for about a third of the oil being
>> pumped.
>>
>> The current average U.S. retail price of diesel fuel is $1.679 - the
>> highest prices are in California, where the average is $2.162.
>>
>>
>
>
barrel in 16 months, it may have pushed Ohio over the edge.
Now that W doesn't need to run again, he can do all he can to keep his oil
buddies rich...
"reconair" <reconair@staffnet.com> wrote in message
news:11g2a21d71rt698@corp.supernews.com...
> Seems a very optimistic prediction more than a year ago. Didn't quite
> work out that way eh? By 2025, the demand for oil will be either (1)
> quite less due to the hydrogen fuel automobile. (2) quite low due to the
> outlaw of privately owned conveyances - hence mass transit mandates, or
> (3) Significantly more due to WWIII over the last petroleum reserves on
> the planet. Can you imagine how much a horse will cost then?
>
> Scott
> "Cherokee-Ltd" <nospam@home.com> wrote in message
> news:j9adnZ2dnZ0oRT6OnZ2dnZNtnd6dnZ2dRVn-y52dnZ0@rogers.com...
>> Spotted this while researching something else:
>> http://www.truckflix.com/news_article.php?newsid=1089
>>
>> I don't know if this is a typo, a horrendous prediction or reason to
>> hope. Note the date of the article.
>>
>> Pasted from link above:
>>
>> Report predicts oil at $51 a barrel in 2025
>> 04/19/2004 - 9:25:29 am
>>
>> Crude oil prices will eventually reach $51 a barrel by 2025 because of
>> inflation and rising energy needs in developing nations, according to an
>> Energy Department projection.
>>
>> The report by the DOE`s Energy Information Administration said strong
>> economic growth in Asia would drive world energy prices in the next
>> decade. The developing world`s demand for energy will nearly double by
>> 2025 with oil, coal and natural gas leading the way.
>>
>> The report projects global energy demand to grow about 54 percent by
>> 2025. But China, India and other developing countries will see a 91
>> percent jump as these countries continue rapid industrial development,
>> said the EIA.
>>
>> OPEC producers are expected to still be the major oil suppliers in 2025,
>> the report said. They now account for about a third of the oil being
>> pumped.
>>
>> The current average U.S. retail price of diesel fuel is $1.679 - the
>> highest prices are in California, where the average is $2.162.
>>
>>
>
>
08-15-2005, 07:54 PM
#7
Guest
Posts: n/a
Re: OT- Oil Prices
Yeah, but it was before the election. If the Energy Dept predicted $60+ per
barrel in 16 months, it may have pushed Ohio over the edge.
Now that W doesn't need to run again, he can do all he can to keep his oil
buddies rich...
"reconair" <reconair@staffnet.com> wrote in message
news:11g2a21d71rt698@corp.supernews.com...
> Seems a very optimistic prediction more than a year ago. Didn't quite
> work out that way eh? By 2025, the demand for oil will be either (1)
> quite less due to the hydrogen fuel automobile. (2) quite low due to the
> outlaw of privately owned conveyances - hence mass transit mandates, or
> (3) Significantly more due to WWIII over the last petroleum reserves on
> the planet. Can you imagine how much a horse will cost then?
>
> Scott
> "Cherokee-Ltd" <nospam@home.com> wrote in message
> news:j9adnZ2dnZ0oRT6OnZ2dnZNtnd6dnZ2dRVn-y52dnZ0@rogers.com...
>> Spotted this while researching something else:
>> http://www.truckflix.com/news_article.php?newsid=1089
>>
>> I don't know if this is a typo, a horrendous prediction or reason to
>> hope. Note the date of the article.
>>
>> Pasted from link above:
>>
>> Report predicts oil at $51 a barrel in 2025
>> 04/19/2004 - 9:25:29 am
>>
>> Crude oil prices will eventually reach $51 a barrel by 2025 because of
>> inflation and rising energy needs in developing nations, according to an
>> Energy Department projection.
>>
>> The report by the DOE`s Energy Information Administration said strong
>> economic growth in Asia would drive world energy prices in the next
>> decade. The developing world`s demand for energy will nearly double by
>> 2025 with oil, coal and natural gas leading the way.
>>
>> The report projects global energy demand to grow about 54 percent by
>> 2025. But China, India and other developing countries will see a 91
>> percent jump as these countries continue rapid industrial development,
>> said the EIA.
>>
>> OPEC producers are expected to still be the major oil suppliers in 2025,
>> the report said. They now account for about a third of the oil being
>> pumped.
>>
>> The current average U.S. retail price of diesel fuel is $1.679 - the
>> highest prices are in California, where the average is $2.162.
>>
>>
>
>
barrel in 16 months, it may have pushed Ohio over the edge.
Now that W doesn't need to run again, he can do all he can to keep his oil
buddies rich...
"reconair" <reconair@staffnet.com> wrote in message
news:11g2a21d71rt698@corp.supernews.com...
> Seems a very optimistic prediction more than a year ago. Didn't quite
> work out that way eh? By 2025, the demand for oil will be either (1)
> quite less due to the hydrogen fuel automobile. (2) quite low due to the
> outlaw of privately owned conveyances - hence mass transit mandates, or
> (3) Significantly more due to WWIII over the last petroleum reserves on
> the planet. Can you imagine how much a horse will cost then?
>
> Scott
> "Cherokee-Ltd" <nospam@home.com> wrote in message
> news:j9adnZ2dnZ0oRT6OnZ2dnZNtnd6dnZ2dRVn-y52dnZ0@rogers.com...
>> Spotted this while researching something else:
>> http://www.truckflix.com/news_article.php?newsid=1089
>>
>> I don't know if this is a typo, a horrendous prediction or reason to
>> hope. Note the date of the article.
>>
>> Pasted from link above:
>>
>> Report predicts oil at $51 a barrel in 2025
>> 04/19/2004 - 9:25:29 am
>>
>> Crude oil prices will eventually reach $51 a barrel by 2025 because of
>> inflation and rising energy needs in developing nations, according to an
>> Energy Department projection.
>>
>> The report by the DOE`s Energy Information Administration said strong
>> economic growth in Asia would drive world energy prices in the next
>> decade. The developing world`s demand for energy will nearly double by
>> 2025 with oil, coal and natural gas leading the way.
>>
>> The report projects global energy demand to grow about 54 percent by
>> 2025. But China, India and other developing countries will see a 91
>> percent jump as these countries continue rapid industrial development,
>> said the EIA.
>>
>> OPEC producers are expected to still be the major oil suppliers in 2025,
>> the report said. They now account for about a third of the oil being
>> pumped.
>>
>> The current average U.S. retail price of diesel fuel is $1.679 - the
>> highest prices are in California, where the average is $2.162.
>>
>>
>
>
08-15-2005, 07:54 PM
#8
Guest
Posts: n/a
Re: OT- Oil Prices
Yeah, but it was before the election. If the Energy Dept predicted $60+ per
barrel in 16 months, it may have pushed Ohio over the edge.
Now that W doesn't need to run again, he can do all he can to keep his oil
buddies rich...
"reconair" <reconair@staffnet.com> wrote in message
news:11g2a21d71rt698@corp.supernews.com...
> Seems a very optimistic prediction more than a year ago. Didn't quite
> work out that way eh? By 2025, the demand for oil will be either (1)
> quite less due to the hydrogen fuel automobile. (2) quite low due to the
> outlaw of privately owned conveyances - hence mass transit mandates, or
> (3) Significantly more due to WWIII over the last petroleum reserves on
> the planet. Can you imagine how much a horse will cost then?
>
> Scott
> "Cherokee-Ltd" <nospam@home.com> wrote in message
> news:j9adnZ2dnZ0oRT6OnZ2dnZNtnd6dnZ2dRVn-y52dnZ0@rogers.com...
>> Spotted this while researching something else:
>> http://www.truckflix.com/news_article.php?newsid=1089
>>
>> I don't know if this is a typo, a horrendous prediction or reason to
>> hope. Note the date of the article.
>>
>> Pasted from link above:
>>
>> Report predicts oil at $51 a barrel in 2025
>> 04/19/2004 - 9:25:29 am
>>
>> Crude oil prices will eventually reach $51 a barrel by 2025 because of
>> inflation and rising energy needs in developing nations, according to an
>> Energy Department projection.
>>
>> The report by the DOE`s Energy Information Administration said strong
>> economic growth in Asia would drive world energy prices in the next
>> decade. The developing world`s demand for energy will nearly double by
>> 2025 with oil, coal and natural gas leading the way.
>>
>> The report projects global energy demand to grow about 54 percent by
>> 2025. But China, India and other developing countries will see a 91
>> percent jump as these countries continue rapid industrial development,
>> said the EIA.
>>
>> OPEC producers are expected to still be the major oil suppliers in 2025,
>> the report said. They now account for about a third of the oil being
>> pumped.
>>
>> The current average U.S. retail price of diesel fuel is $1.679 - the
>> highest prices are in California, where the average is $2.162.
>>
>>
>
>
barrel in 16 months, it may have pushed Ohio over the edge.
Now that W doesn't need to run again, he can do all he can to keep his oil
buddies rich...
"reconair" <reconair@staffnet.com> wrote in message
news:11g2a21d71rt698@corp.supernews.com...
> Seems a very optimistic prediction more than a year ago. Didn't quite
> work out that way eh? By 2025, the demand for oil will be either (1)
> quite less due to the hydrogen fuel automobile. (2) quite low due to the
> outlaw of privately owned conveyances - hence mass transit mandates, or
> (3) Significantly more due to WWIII over the last petroleum reserves on
> the planet. Can you imagine how much a horse will cost then?
>
> Scott
> "Cherokee-Ltd" <nospam@home.com> wrote in message
> news:j9adnZ2dnZ0oRT6OnZ2dnZNtnd6dnZ2dRVn-y52dnZ0@rogers.com...
>> Spotted this while researching something else:
>> http://www.truckflix.com/news_article.php?newsid=1089
>>
>> I don't know if this is a typo, a horrendous prediction or reason to
>> hope. Note the date of the article.
>>
>> Pasted from link above:
>>
>> Report predicts oil at $51 a barrel in 2025
>> 04/19/2004 - 9:25:29 am
>>
>> Crude oil prices will eventually reach $51 a barrel by 2025 because of
>> inflation and rising energy needs in developing nations, according to an
>> Energy Department projection.
>>
>> The report by the DOE`s Energy Information Administration said strong
>> economic growth in Asia would drive world energy prices in the next
>> decade. The developing world`s demand for energy will nearly double by
>> 2025 with oil, coal and natural gas leading the way.
>>
>> The report projects global energy demand to grow about 54 percent by
>> 2025. But China, India and other developing countries will see a 91
>> percent jump as these countries continue rapid industrial development,
>> said the EIA.
>>
>> OPEC producers are expected to still be the major oil suppliers in 2025,
>> the report said. They now account for about a third of the oil being
>> pumped.
>>
>> The current average U.S. retail price of diesel fuel is $1.679 - the
>> highest prices are in California, where the average is $2.162.
>>
>>
>
>
08-15-2005, 07:54 PM
#9
Guest
Posts: n/a
Re: OT- Oil Prices
Yeah, but it was before the election. If the Energy Dept predicted $60+ per
barrel in 16 months, it may have pushed Ohio over the edge.
Now that W doesn't need to run again, he can do all he can to keep his oil
buddies rich...
"reconair" <reconair@staffnet.com> wrote in message
news:11g2a21d71rt698@corp.supernews.com...
> Seems a very optimistic prediction more than a year ago. Didn't quite
> work out that way eh? By 2025, the demand for oil will be either (1)
> quite less due to the hydrogen fuel automobile. (2) quite low due to the
> outlaw of privately owned conveyances - hence mass transit mandates, or
> (3) Significantly more due to WWIII over the last petroleum reserves on
> the planet. Can you imagine how much a horse will cost then?
>
> Scott
> "Cherokee-Ltd" <nospam@home.com> wrote in message
> news:j9adnZ2dnZ0oRT6OnZ2dnZNtnd6dnZ2dRVn-y52dnZ0@rogers.com...
>> Spotted this while researching something else:
>> http://www.truckflix.com/news_article.php?newsid=1089
>>
>> I don't know if this is a typo, a horrendous prediction or reason to
>> hope. Note the date of the article.
>>
>> Pasted from link above:
>>
>> Report predicts oil at $51 a barrel in 2025
>> 04/19/2004 - 9:25:29 am
>>
>> Crude oil prices will eventually reach $51 a barrel by 2025 because of
>> inflation and rising energy needs in developing nations, according to an
>> Energy Department projection.
>>
>> The report by the DOE`s Energy Information Administration said strong
>> economic growth in Asia would drive world energy prices in the next
>> decade. The developing world`s demand for energy will nearly double by
>> 2025 with oil, coal and natural gas leading the way.
>>
>> The report projects global energy demand to grow about 54 percent by
>> 2025. But China, India and other developing countries will see a 91
>> percent jump as these countries continue rapid industrial development,
>> said the EIA.
>>
>> OPEC producers are expected to still be the major oil suppliers in 2025,
>> the report said. They now account for about a third of the oil being
>> pumped.
>>
>> The current average U.S. retail price of diesel fuel is $1.679 - the
>> highest prices are in California, where the average is $2.162.
>>
>>
>
>
barrel in 16 months, it may have pushed Ohio over the edge.
Now that W doesn't need to run again, he can do all he can to keep his oil
buddies rich...
"reconair" <reconair@staffnet.com> wrote in message
news:11g2a21d71rt698@corp.supernews.com...
> Seems a very optimistic prediction more than a year ago. Didn't quite
> work out that way eh? By 2025, the demand for oil will be either (1)
> quite less due to the hydrogen fuel automobile. (2) quite low due to the
> outlaw of privately owned conveyances - hence mass transit mandates, or
> (3) Significantly more due to WWIII over the last petroleum reserves on
> the planet. Can you imagine how much a horse will cost then?
>
> Scott
> "Cherokee-Ltd" <nospam@home.com> wrote in message
> news:j9adnZ2dnZ0oRT6OnZ2dnZNtnd6dnZ2dRVn-y52dnZ0@rogers.com...
>> Spotted this while researching something else:
>> http://www.truckflix.com/news_article.php?newsid=1089
>>
>> I don't know if this is a typo, a horrendous prediction or reason to
>> hope. Note the date of the article.
>>
>> Pasted from link above:
>>
>> Report predicts oil at $51 a barrel in 2025
>> 04/19/2004 - 9:25:29 am
>>
>> Crude oil prices will eventually reach $51 a barrel by 2025 because of
>> inflation and rising energy needs in developing nations, according to an
>> Energy Department projection.
>>
>> The report by the DOE`s Energy Information Administration said strong
>> economic growth in Asia would drive world energy prices in the next
>> decade. The developing world`s demand for energy will nearly double by
>> 2025 with oil, coal and natural gas leading the way.
>>
>> The report projects global energy demand to grow about 54 percent by
>> 2025. But China, India and other developing countries will see a 91
>> percent jump as these countries continue rapid industrial development,
>> said the EIA.
>>
>> OPEC producers are expected to still be the major oil suppliers in 2025,
>> the report said. They now account for about a third of the oil being
>> pumped.
>>
>> The current average U.S. retail price of diesel fuel is $1.679 - the
>> highest prices are in California, where the average is $2.162.
>>
>>
>
>
08-15-2005, 08:00 PM
#10
Guest
Posts: n/a
Re: OT- Oil Prices
Who are President Bush's oil buddies??????? And how would they
benefit from higher product costs??????
God Bless America, ßill O|||||||O
mailto:-------------------- http://www.----------.com/
Matt Macchiarolo wrote:
>
> Yeah, but it was before the election. If the Energy Dept predicted $60+ per
> barrel in 16 months, it may have pushed Ohio over the edge.
>
> Now that W doesn't need to run again, he can do all he can to keep his oil
> buddies rich...
benefit from higher product costs??????
God Bless America, ßill O|||||||O
mailto:-------------------- http://www.----------.com/
Matt Macchiarolo wrote:
>
> Yeah, but it was before the election. If the Energy Dept predicted $60+ per
> barrel in 16 months, it may have pushed Ohio over the edge.
>
> Now that W doesn't need to run again, he can do all he can to keep his oil
> buddies rich...