<DrumBeat: December 12, 2007The Oil DrumDrumBeat: December 13, 2007>

67 comments on This Week in Petroleum 12-12-07

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Robert Rapier on December 12, 2007 - 3:01pm Permalink | Subthread | Parent | Comments top

And as I write this oil is now passing through $93.

Robert might be sweating a little, just about now.

I swear, EVERY time I say that I think I will win my bet, oil goes up by $3. That's like the 5th time that's happened. The one time I said I thought I would lose it by the end of the week, oil fell by $3.

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Starship Trooper on December 12, 2007 - 4:42pm Permalink | Subthread | Parent | Comments top

(Cue the music from JAWS!)

Just when you thought it was safe to ignore the NYMEX comes the $100/barrel fin

Well, the solution is simple:

STOP THINKING!

(Cue bite marks to show only STOP THIN, end of music).

Otherwise, Robert, you might have to shorten your travel by $1000.

I see the NYMEX settlement price was $94.39.

I'm sure the spot market is not far behind.

Hope you appreciate the humor.

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