*** POLL *** at what oil price will the system collapse?

Mister, oil will be back at $55 before you know it. Stop the fearmongering now.

once they start the murdering rampage again (somewhere in the world), yer oil will drop coz less people alive to demand it.

If I were to guess? I would think that when a barrel of oil reaches the price of $120 and the price of the lowest octane in the U.S reaches about $7 per gallon all over and in Canada it reaches $5 per litre then I think the collaps will happen.Either that or a revolt will take place.A revolt that is way past due

GhostHunter

By system you must mean $, the $ will be worthless when you need lots of £££ to buy oil.

BTW,"Short after comes "peak oil" (2005)."

Since the illuminati media failed to report that, it was exposed here
US Government Agency is *** NO MORE *** hiding mass murder of old, disabled and other unproductive segments of the US population
[link to www.godlikeproductions.com]

Four bucks and malatov cocktail party time. I'm serious. Target Exxon, at night, and let them BURN.

The elderly aren't the real target here, although some would like to think so. Gas at $3/gal. cannot be sustained by most Americans. As it is, the cost of utilities has gone up and people working for minimum wage cannot afford the high cost of transportation and heating/cooling their homes, plus the inflation they see at the grocery stores.

I recently read that people working for minimum wage cannot afford apartments! That means they are either moving back in with parents or living out of their vehicles. It is getting really, really bad for a good many people. How long will the disenfranchised stand for this before there is a revolt?

What about those who lost their jobs and can't find a replacement? We could go on and on. Business will suffer because all the discretionary income will go only for absolute necessities.

$3 is the max unless "they" want this country to go down. Of course, "they" have been prepared for this for a looooong time, so there will be little suffering among the elite in any event.
.

Anonymous Coward
User ID: 78767
4/18/2006 1:19 PM

It's molotov smartass.

"The elderly aren't the real target here," -
What do you mean? They are being murdered to coverup peak oil.

The elderly are being murdered to cover up the Social Security and Medicaire shortfall. Has nothing to do with gas/oil.

Many young people are being murdered, too, with strange diseases and the medication used to treat them. Not to mention companies that furnish health insurance want a reprieve. Diabetes is an epidemic now with so many young people being diagnosed with it, and the estimates of those who have not been as yet diagnosed runs in the millions!
.

The immediate cause for the Social Security and Medicaire shortfall is what was mentioned about oil, including peak oil.

People should be pissed about what is going on now.Being very selfish, however Americans do nothing until it affects them personally...Shouldn't be long now.

>>>>It's molotov smartass.<<<<<

Sue me.

235 USD for total collapse...


anything short of that can be mitigated by rationing

BTW, $72.50 now
[link to chart.bigcharts.com]

It's insane, there's no reason for it. Other than maybe to push Americans into thinking an attack on Iran will bring it down as Forbes has suggested. Which is a flat out lie, but that never seems to matter.

4.00 per/gallon is where I think the cut off line is so to speak...


But my predictions normally suck, so I wouldn't take much stock in my answer!!!!!

Kevin LB, nice to see you back.

Thank you, and yes I gave this thread 5 stars!!!!!

19763....SURE THERE IS A REASON FOR IT....look at the retirement package that the guy got from Exxon $400 million...THATS why oil is up, but other reasons coming on the very near horizon....like major supply issues

p.s....its ALL in the early stages of collapse right now. Beach front condo's in W.Fla now being marked down significantly to unload them....flipping is basically over, and the housing bubble is done.

The 4 year cycle i nthe stock market is due this Fall. Last time was 2002, there are only 6 months to the October massacre which will probably see the SPX at 583. Thats 700 points lower.

The collapse is underway right now.

p.p.s...since the Da Vinci Code is SO popular right now, the SPX forecast of 583 is based on a Fibonacci spiral.

Anyone care to guess the spiral's key points?

>its ALL in the early stages of collapse right now.<

I think you're right about that. It may take a few years for people to realize or it may hit this summer, war, debt, trade deficit, collapsing US$, housing bubble, unemployment, natural disasters, condensed or watered down?

what is the relationship between the price of a barrel of oil and the price we see at the gas pump?

They said something on CNN last year about this but I can't remember...

Is it the price of the barrel divided by 1/2 and move the decimal over 1?

100$ a barrel by September

73 now

100$ a barrel by September

this time the US has created their own 911~!

Collapse, real collapse?
Around $200.

a barrel is 42 gallons of unrefined crude oil.

After refinning, wholesalers, transportation costs, etc, you come up with nearly $3 per gallon of gas, the unrefined cost is 1.66 at a crude price of $70 bbl

"It's insane, there's no reason for it."

Sure there is a reason. India and China and other developing contries are using a lot more oil. That drives up the price.

A great deal of the world's oil supply comes from an unstable area of the world. That drives up the price as well.

No need to resort to a conspriracy.

As for how high it can go, what percentage of the operating budget for your car is gas? If you don't know the answer to that question, you have no business even trying to answer the original question.