Traders go short on Lloyds

[AtW]

I'm very nearly a millionaire.

This time next year Rodders...

[snaw]

Economies of Asia grown because West shifted productions there - so instead of West buying oil to make stuff, it is now done in Asia.

The increase in overall oil demand (maybe 20%) should not have lead to provide going from $10 in late 90s to $150 last year.

Right, so by that logic demand should have dropped in western societies?

AND BTW oil price stayed static at around $25 a barrel, till the late 90's because there was some regulation. Then it jumped, and pretty much stayed higher ever since.

Fck knows where you get the idea that $10 is normal.

[BrilloPad]

Is it possible to sell Llyods shares via IG index?

[DimPrawn]

Right, so by that logic demand should have dropped in western societies?

AND BTW oil price stayed static at around $25 a barrel, till the late 90's because there was some regulation. Then it jumped, and pretty much stayed higher ever since.
.

That was all them Chinese driving Hummers.

[sasguru]

It might go to explaining why your are an Aygo owning permie dreaming of a shed and I'm very nearly a millionaire.

Very nearly a millionaire?
Oh dear. Passed you years ago

[DimPrawn]

Very nearly a millionaire?
Oh dear. Passed you years ago

I'm £6.80p short.

[AtW]

Right, so by that logic demand should have dropped in western societies?

AND BTW oil price stayed static at around $25 a barrel, till the late 90's because there was some regulation. Then it jumped, and pretty much stayed higher ever since.

Fck knows where you get the idea that $10 is normal.

Learn how to use charts - I did not say $10 was normal, here is what I said exactly:

"The increase in overall oil demand (maybe 20%) should not have lead to provide going from $10 in late 90s to $150 last year."

http://www.wtrg.com/oil_graphs/oilprice1947.gif

85-99 it was around $20, in 1997/98 it dropped down to $10 - just as I said.

$20-30 was normal, OPEC did not want it to go past $40 because it would have lead to development of alternative fuels, unfortunately dollar's weakness and speculators pushed oil and other resources to ridiculous levels.

[sasguru]

I'm £6.80p short.

Sell your house. That should cover it.

[DimPrawn]

Learn how to use charts - I did not say $10 was normal, here is what I said exactly:

"The increase in overall oil demand (maybe 20%) should not have lead to provide going from $10 in late 90s to $150 last year."

http://www.wtrg.com/oil_graphs/oilprice1947.gif

85-99 it was around $20, in 1997/98 it dropped down to $10 - just as I said.

$20-30 was normal, OPEC did not want it to go past $40 because it would have lead to development of alternative fuels, unfortunately dollar's weakness and speculators pushed oil and other resources to ridiculous levels.

WHS.

Snaw thinks that suddenly all the Chinese bought 7 litre V8 monster trucks and it isn't to do with cheap money speculating on oil futures.



I'm glad the "brain drain" is taking snaw out of the UK pool of intellect.

[EternalOptimist]

WHS.

Snaw thinks that suddenly all the Chinese bought 7 litre V8 monster trucks and it isn't to do with cheap money speculating on oil futures.



I'm glad the "brain drain" is taking snaw out of the UK pool of intellect.

Where are you off to Snaw ?