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Oil tops $57 a barrel - could spike to $105 a barrel!

Posted: Fri Apr 01, 2005 7:41 am
by totalmotorcycle
Oil tops $57 a barrel - could spike to $105 a barrel!
April 1, 2005: 1:14 PM EST

Oil tops $57 a barrel

Gasoline supply triggers record for futures; refiners worry they may not meet summer demand.

LONDON (Reuters) - Oil prices rose above $57 a barrel Friday and gasoline futures jumped to record highs, driven by worries that U.S. gas supplies might fall short of peak summer demand and concerns that crude prices could spike to $105 a barrel.

Mike.

Posted: Fri Apr 01, 2005 7:43 am
by totalmotorcycle
Gas is now at 89.9 cents a litre here in Calgary, Alberta and we have oil and gas! (or $3.40 a gal!)

I heard that in Vancouver, British Columbia gas has passed the $1 a litre mark (or $3.785 a gal)!

With the news talking about $105 a barrel in the future, it will only raise the price more! ARGH!

Even my bike is going to cost $20-40 to fill up!

Mike.

Posted: Fri Apr 01, 2005 7:56 am
by Sobereality
two words : alternative high torque power

Posted: Fri Apr 01, 2005 10:26 am
by TechTMW
Sobereality wrote:two words : alternative high torque power

I hope you're not an accountant ... :laughing:

But yeah, I agree w/ the sentiment. Europe's definitely got the idea.

Posted: Fri Apr 01, 2005 10:43 am
by Sobereality
TechBMW wrote:
Sobereality wrote:two words : alternative high torque power

I hope you're not an accountant ... :laughing:

But yeah, I agree w/ the sentiment. Europe's definitely got the idea.

Ssssh high and torque arn't really words

Posted: Fri Apr 01, 2005 11:59 am
by BuzZz
Sobereality wrote:
Ssssh high and torque arn't really words
They ain't? :eek: That eliminates over half of my life...... I'm almost always torqued at someone or something, and if I'm not, then I'm high.... :laughing:
Now what am I going to do all day????

But I CAN count..... at least to 10.... 20 with my shoes off..... 21 if I'm nekid and feeling 'friendly'..... :wink:

Posted: Fri Apr 01, 2005 12:02 pm
by Sobereality
BuzZz wrote:
Sobereality wrote:
Ssssh high and torque arn't really words
They ain't? :eek: That eliminates over half of my life...... I'm almost always torqued at someone or something, and if I'm not, then I'm high.... :laughing:
Now what am I going to do all day????

But I CAN count..... at least to 10.... 20 with my shoes off..... 21 if I'm nekid and feeling 'friendly'..... :wink:
Oh ! im just kidding they are :laughing: :laughing:

Posted: Fri Apr 01, 2005 12:21 pm
by BuzZz
Whew... that's a relief!!!!

Posted: Fri Apr 01, 2005 12:48 pm
by mswarrior
At $105 a barrel my 4 wheeled ride will sit in the garage and my 2 wheeled ride will get much more km's put in it :D

Posted: Fri Apr 01, 2005 12:54 pm
by totalmotorcycle
BuzZz wrote:
Sobereality wrote:
Ssssh high and torque arn't really words
They ain't? :eek: That eliminates over half of my life...... I'm almost always torqued at someone or something, and if I'm not, then I'm high.... :laughing:
Now what am I going to do all day????
OMG, that is FUNNY Dean!!

:laughing: :laughing:

Mike.