Oil at $25 a barrel

[lilelvis2000]

What's the trading price of gas? It was allegedly tied to oil. so why is my gas bills still so high.

[Liability]

Why is the dollar doing so well, and the pound so badly, when the USA seem to be in at least as much tulip as us?

Is it some conspiracy to ease us into the euro? We may as well join if the pound falls below it!

Something that has bothered me as well - USA is in a far worse state and its almost like their position isnt being taken into account.

Id suspect maybe OIL/USD and the fact that its a more stronger currency globally would make it still a preferred investment vehicle?

[PM-Junkie]

Commodities can be volatile, but once oil bottoms it should be a good long term shout no matter what happens to equities in general...

Unless or until oil is replaced by something else and the only thing the arabs have to export is sand.

I can't wait.

[PAH]

Unless or until oil is replaced by something else and the only thing the arabs have to export is sand.

I can't wait.

By then they'll own lots of other stuff.

[mrdonuts]

http://www.bloomberg.com/apps/news?p...UfQ&refer=home


If it happens, a good chance of quadrupling your money within 3 years using crude oil ETFs.

there is a currency risk though with the oil etfs, as both brent and uso are dollar denominated

[Andy2]

http://www.bloomberg.com/apps/news?p...UfQ&refer=home


If it happens, a good chance of quadrupling your money within 3 years using crude oil ETFs.

but can it really go as low as $25 ? Isn't the cost of production $40 for most of the oil producing nations , except maybe saudis ?

[BrilloPad]

but can it really go as low as $25 ? Isn't the cost of production $40 for most of the oil producing nations , except maybe saudis ?

Maybe they need the money so have to sell at any price? mothballing production can't be cheap?