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Cable Update (GBPUSD)

  • #18,961
  • Jul 16, 2007 8:03am Jul 16, 2007 8:03am
my source :

http://www.eia.doe.gov/emeu/cabs/topworldtables3_4.html
  • #18,962
  • Jul 16, 2007 8:04am Jul 16, 2007 8:04am
Quoting de123
lol....i heard that economy might be under real pressure if oil goes much above 80s level...100 is already critical...but if dolar goes that bearish, it could be 120...i just dont know whats going to happen with our plane EART, its already so HOT here 40s C+ on the way this week.....Global warming,...bljak.
Hey I woudl love to see 40c in Manchester this week, or any week. The only 40 we have seen is in mm of rain !! Bring on Global warming, that we we get a Mediterranean climate!
  • #18,963
  • Jul 16, 2007 8:04am Jul 16, 2007 8:04am
Quoting pinchapip
What about BRAVADO ????
Last seen short 0055. He's also waiting for 9700 to come up "pips after pips, profits after profits, true pro" mumbo jumbo

  • #18,964
  • Jul 16, 2007 8:04am Jul 16, 2007 8:04am
Quoting zamans98
No, you are wrong, tell me where you get that figure.
US consume about 21million barrel per day.

Yes sorry thats right 22.4 or so daily
http://www.peakoil.com/downloads/USA...il_Imports.xls
"Millionaires don't use astrology, billionaires do"
  • #18,965
  • Jul 16, 2007 8:04am Jul 16, 2007 8:04am
Quoting Holypendant
Have you all notice sumthing? Soros is gone suddenly...
He's no.1 loser that I met over here recently. Brag about something that he have no fact to back up with.
  • #18,966
  • Jul 16, 2007 8:06am Jul 16, 2007 8:06am
  •  dado26
  • | Joined Mar 2007 | Status: Plan your trade and trade your plan | 180 Posts
Yup.... 36 here in Celje.....
Do you think there will be major goverments moves to limit oil consumption througout the world before it reaches critical levels.... ??
  • #18,967
  • Jul 16, 2007 8:07am Jul 16, 2007 8:07am
Quoting cesarnc
While we wait, adding to the off-topic.

You Oil guys, here's a question. What would be a point of rupture for the oil? I mean. At what price level people will stop sleeping and countries will cease existence? $200? 300? What?

I know there is no such thing as "hey guys, planet is out of oil !!" Price will reach the starts before that happens....
I am a firm believer that OIL will reach $100 in 2010-11.

When I go back and check the OIL reserve and the consumption, it is scary!
  • #18,968
  • Jul 16, 2007 8:08am Jul 16, 2007 8:08am
80 -100$ not gona happen, altought i am not an expert, just thinking[in my opinion] logical. we also hawe natural gas as a fuel, and it is 1/2 of regular 95e price. we have more and more projects that develop electric powered vehicle engines. Dont stress people, most of what you hear is just rummor based crap. actual technologies that vehicle manufacturers currently develop we dont even closely know.


I am optimystic
  • #18,969
  • Jul 16, 2007 8:08am Jul 16, 2007 8:08am
Since we are still off the subject....

Question: If melt dry ice, can you swim in it without getting wet?
  • #18,970
  • Jul 16, 2007 8:10am Jul 16, 2007 8:10am
Quoting dado26
Yup.... 36 here in Celje.....
Do you think there will be major goverments moves to limit oil consumption througout the world before it reaches critical levels.... ??
Oil:

1- Transportation: biofuels will start to get viable compared to oil. Question is whether or not agriculture for fuel will take food production areas, so we will be able to drive to the supermarket but won't have the cash for the grosseries . In Brazil, government says "this won't happen", reason why the society in general is even more alarmed.

2- Other oil uses: agriculture: gonna suffer. Solution? Organics. Also more expensive / plastic and other shit? I have no idea
  • #18,971
  • Jul 16, 2007 8:11am Jul 16, 2007 8:11am
Quoting musicman007
Hey I woudl love to see 40c in Manchester this week, or any week. The only 40 we have seen is in mm of rain !! Bring on Global warming, that we we get a Mediterranean climate!
U can have it ALL 40s,...this is HELL, not heaven,...ok when it will be -15, ill might say something else indeed...till then its bljak....
its just money
  • #18,972
  • Jul 16, 2007 8:11am Jul 16, 2007 8:11am
Quoting Solomon IG
Since we are still off the subject....

Question: If melt dry ice, can you swim in it without getting wet?
ICE = WATER/WET
DRY = NO WET/WATER
So, DRY ICE = WET div by NO WET

SO, DRY ICE = NO way one will swim, coz there's no water...

LOL
  • #18,973
  • Jul 16, 2007 8:13am Jul 16, 2007 8:13am
Quoting cesarnc
Oil:

1- Transportation: biofuels will start to get viable compared to oil. Question is whether or not agriculture for fuel will take food production areas, so we will be able to drive to the supermarket but won't have the cash for the grosseries . In Brazil, government says "this won't happen", reason why the society in general is even more alarmed.

2- Other oil uses: agriculture: gonna suffer. Solution? Organics. Also more expensive / plastic and other shit? I have no idea
ou yea plastics, forgot, well thats another story. anyway bio fuel is crapy solution, not a solution at all

maby H2 era wil start somday soon
  • #18,974
  • Jul 16, 2007 8:14am Jul 16, 2007 8:14am
Quoting OrionsWay
I believe canada tar sands are the largest reserve of oil, yet expensive to extract 30-40$ a barrel will be coming online in about 1.5 years or so, US has unlimited access to such extractions. Just imagine USA uses roughly 230 million Barrels a day just to exist currently. Imagine 230 million barrels a day of supply being added to the world supply over a period of time. How will this affect other countries UK Japan China middle east russia. Too much supply not enough demand with these richie riches wanting more and more profits. This could crush countries like Japan China even Europe with astronomical prices for crude.
Has economics got a new logic ? - lots more supply- not enough demand- therefore astronomically high oil prices ? Oil has an international price and everyone pays the same whether its produced by your neighbour or not ...
Anyway it sounds like Canadian dollar up and US dollar down. Lots of canadian oil is good news for Canada - not the US (apart from transport cost) - and certainly not the US dollar as a slightly lower price will encourage more use (in manufacturing etc) and therefore more dollars going out of the country to buy more oil....
  • #18,975
  • Jul 16, 2007 8:15am Jul 16, 2007 8:15am
is any1 holding any position nw?
  • #18,976
  • Jul 16, 2007 8:15am Jul 16, 2007 8:15am
Quoting cesarnc
Oil:

1- Transportation: biofuels will start to get viable compared to oil. Question is whether or not agriculture for fuel will take food production areas, so we will be able to drive to the supermarket but won't have the cash for the grosseries . In Brazil, government says "this won't happen", reason why the society in general is even more alarmed.

2- Other oil uses: agriculture: gonna suffer. Solution? Organics. Also more expensive / plastic and other shit? I have no idea
There is already a problem brewing in the UK on the Biofuels as farmers are converting their acreage to it at a frightening pace.
  • #18,977
  • Jul 16, 2007 8:15am Jul 16, 2007 8:15am
  •  dado26
  • | Joined Mar 2007 | Status: Plan your trade and trade your plan | 180 Posts
Quote
In Brazil, government says "this won't happen", reason why the society in general is even more alarmed.
good-one.....

You are absolutely right.....
  • #18,978
  • Jul 16, 2007 8:17am Jul 16, 2007 8:17am
Quoting Solomon IG
Since we are still off the subject....

Question: If melt dry ice, can you swim in it without getting wet?
You can't swim on melted dry ice, unless you can fly to the air.
  • #18,979
  • Jul 16, 2007 8:18am Jul 16, 2007 8:18am
back to our topic...despite dollars good news, cable is not giving up...huh !!!!!

got to find myself a bull costume !!!!!
For he that would be deceived, let him.
  • #18,980
  • Jul 16, 2007 8:20am Jul 16, 2007 8:20am
Quoting pinchapip
back to our topic...despite dollars good news, cable is not giving up...huh !!!!!

got to find myself a bull costume !!!!!
Go back in JUNE'07 and have a peek at the chart, it may be an open battlefield... if you notice.
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