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Bob Bob is offline
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First recorded activity by BoatBanter: Jul 2006
Posts: 1,300
Default $123.81/bbl - Condolences to stinkpotters.

On May 12, 10:05*am, "Wilbur Hubbard"
wrote:

Another new record. *$123.81/bbl.


Sail prices will rise, soon, to meet demand....


Use your sails for once. Learn how to get under way using sails only. Learn
to anchor and moor using sails only. In other words learn how to sail. After
all, you claim to be sailors, don't you?


Wilbur Hubbard


I was reading in the May issue of Work Boat. An analyst wrote that the
price of oil is actually $68/b. The author cited the weak dollar as
the cause of such high prices. These are not my numbers nor ideas.
Only passing on what the offshore oil field services and water
transportation trade magazines are writing.

When the US gets back to a conservative govenment the dollar will
regain its value and the price of oil will decline. Time to vote for
economic stewards (Democratic Party) next time around.

Bob