Discuss :Petrol Price Comparison

[B18C-R]

Sorry..just checked. Is 132 not 130.

price drop to

132.69 12:37pm ET

4.31 (3.15%)

Those interested, can keep-track almost real-time from yahoo finance.
http://finance.yahoo.com/futures

 

[PabloIceman]

Just checked, crude oil went down by USD4+ to USD130.....

But then, even if he goes down to USD80 or below per barrel, RM2.80 / Litre is here to stay.... :(

USD 80?? Ben, we can keep on dreaming lah ...... we won't see the price dropping below USD 100/barrel anytime soon .... I'm in the US at the moment & it's supposed to go on ... at least until next year. Lobbyist calling to open the largest oil field at Alaska for drilling but it's off limits for now because it's a National reserve and the environment slant.

Hitting the record of USD 150/barrel is not a 'magic number' anymore but just a matter of time. News channel over here have been harping about the USD 400/barrel mark ..... as the new record.

 

[shazmi3]

Yes its true, i stopped using Petronas on my evo for more than a year. I can get better milage and power on Mobil1.
Not sure how many of you had tired it? If not you better try and see

absolutely true!!!

 

[H22-C]

Bozz, I'm afraid whoever move up to the post will b doing the same thing la!!! Once they see the $$$ available, they will all become the same type of person in the end!!! Hahaha... Just look back to our history la...

he somemore makes statement saying someone's wife is innocent and not related to altan case. is he in the position to make such statement ? is this his role in his job ? he think he can over-rule the court or what? he is asking all ppl not the talk about this again. i vote for non-confident for the statement he makes.

no matter how good or how bad will the new one, he has to go !

 

[Stormvolution 9]

2 ways of looking at the world cruel oil prices at the moment... When everything is slow due to world economic down turn, more and more hot $$$ are jamming into the cruel oil field as its the safest and fastest way to make $$$ for big Giant investors!!! So, the demand will keep the price high up there!!!

On the other way, more and more countries citizen are making noises abt the high fuel prices... So, sooner or later, solutions must b out to counter such a problem!!! From some reports, there r some Europe countries starting to invest more on nuclear & wind mill power in order to reduce their country sole importing cruel oil rate!!! If this is workable, of cause it takes time, things might change to better!!!

Just hope that there will b no more stupid war in the near future, else the cruel oil price might double up in a very short period of time!!! Sigh!!!

 

[chriskhaw]

Oi Guys,

Read the news recent events. Crime rate is hitting the roof. Some of my staffs were even extort. On the news, you have the ATM crimes. Like I said..its a fucking chain reaction. Ppl need to survive so when push comes to shove..they will do anything to survive.

More crime will happen and sooner or later, our rides and many other cars, houses etc..either will be broken into or stolen. All coz of a bloody motherfucking asshole in the office!!

 

[B18C-R]

These (crude oil prices) are all due to speculators like Stormvolution9 and geng !!! lol

I read somewhere that US is taking lead to revise their regulation on future and commodities investment so to control the speculation. If we look ard us, there is no shortage of Crude-Oil but yet, the price is soaring like no tomorrow.

To put it simple..

Is due to 'demand' by speculators hence everyone buy buy buy and the price went up due to availability of 'supply' in the market.

Now if US and OPEC force the buyers to take delivery of all their crude oil demand next week (currently traded are futures for August Delivery), that would really be something worth watching ! Then you'll see millions of barrells park along the street coz no demand in actual....is just some damn speculators.

 

[chriskhaw]

Heard there's gonna be a riot that might happen in KL...You guys heard any such thing. I believe it's bound to happen sooner or later.

 

[Stormvolution 9]

Hahaha... Yeah, its all due to speculation!!!

Really hope that a good solution will b carried out soonest to ease all people concern... Not very healthy situation now everywhere in the world...