16 April 2008 10:20 GMT - Tapis is $121.55

[GliderGuider]

http://www.upstreamonline.com/market_data/?id=markets_crude

Nymex futures over $114.00 now at 6:45 EST. This is quite the rocket ride.

I have a bet over on the Peak Oil board on whether crude oil will be over or under $70/bbl at the end of this August. Guess which way I bet? Baby needs a new pair of shoes...

[DemocratInSoCal]

1. Over Or Under $70?

What a No Brainer.

You can't get odds like that even in Vegas.

[GliderGuider]

2. Well, I bet against an economist, what do you expect?

To paraphrase what PT Barnum never actually said, "There's an economist born every minute..."

[DemocratInSoCal]

3. If I Hear Another "Economist" Use The Word "Unexpected," I'll SCREAM!!

Every day, another bright economist calls the latest negative report, "UNEXPECTED."

Unexpected to whom? Many of us here at DU have been calling this downturn for the past couple of years. It wasn't "unexpected" for us.

Of course, they have called, and will continue to call us, negative nellies, etc. WHAT A BUNCH OF FUCKING ASSHOLES!!

Never give any credit to those who saw the UNEXPECTED. Only surprised economists, getting paid to be ignorant SOB's.

[hatrack]

4. Wow! 3.19 Yergins!

"Impressive!"

[NickB79]

5. Kick

And :wow:

[phantom power]

6. I give it about even money that we see $150/bbl by Dec 31, 2008

[NickB79]

7. Millions will be anticipating their socks full of coal

To heat their homes.

[hatrack]

8. 16 April 2008 18:40 GMT - Every Oil Benchmark Over $105

Eight of eleven over $110.

http://www.upstreamonline.com/market_data/?id=markets_crude