Not Logged In Log In   Sign Up   Points Leaders
Follow Us    7:24 PM

GasBuddy News Article

51
votes
WTI Crude Oil To Test $65 Level In 2013

Seeking Alpha -- WTI closed November just shy of $89 a barrel, on hopes of an improving economy. I think there is an argument for an improving economy in 2013, but it is just too early to tell how things are going to come together with the economy, and all the ramifications of basically an anti-business and social agenda political leadership of the last four years.

I am not making a political statement that there aren't some benefits to be gained by such governmental policies, more to state the fact that with a lot of the legislative and fiscal policies of the last four years, we have yet to fully understand some of the costs and unintended consequences of these policies like higher taxes, increased healthcare costs, and increased business regulation costs.

So this is an area that remains to be seen ...


Read the Full Article

Submitted Dec 02, 2012 By: brbaritone
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: WTI Crude Oil To Test $65 Level In 2013 Back to Topics
REPLIES (newest first) Post a Reply
honda0105
Champion Author Tallahassee

Posts:24,351
Points:2,446,590
Joined:Nov 2008
Message Posted: Dec 5, 2012 3:44:27 AM

I'm sure that the article writer has a pretty good crystal ball.
ToolinIt
Champion Author Colorado

Posts:1,846
Points:1,613,805
Joined:May 2010
Message Posted: Dec 3, 2012 1:35:38 PM

Whats it matter? It all gets exported anyway.
Jeff4U
Champion Author Atlanta

Posts:12,454
Points:2,671,545
Joined:Nov 2004
Message Posted: Dec 3, 2012 8:20:53 AM

I suppose there's nothing wrong with having a fantasy.
SkooterG
Champion Author Phoenix

Posts:4,028
Points:1,118,400
Joined:May 2012
Message Posted: Dec 3, 2012 1:00:26 AM

Ok......
iFueler
Champion Author Durham

Posts:76,720
Points:1,016,325
Joined:Nov 2012
Message Posted: Dec 2, 2012 10:40:58 PM

time will tell
MDTDriver
Champion Author California

Posts:11,949
Points:2,957,565
Joined:Jul 2006
Message Posted: Dec 2, 2012 10:09:53 PM

We do not have a new president so nothing will change!
blazerbob91
Champion Author Milwaukee

Posts:7,105
Points:2,655,290
Joined:Aug 2005
Message Posted: Dec 2, 2012 10:08:27 PM

Gotta see it to believe it.
cheaper0ON
Champion Author Ontario

Posts:4,330
Points:1,239,155
Joined:Jan 2012
Message Posted: Dec 2, 2012 10:02:50 PM

We will see.
joel27nc
Champion Author Raleigh

Posts:13,948
Points:2,695,645
Joined:Mar 2008
Message Posted: Dec 2, 2012 10:02:06 PM

Can we test $40 levels?
Toppers
Champion Author Atlanta

Posts:12,332
Points:3,298,450
Joined:Mar 2005
Message Posted: Dec 2, 2012 10:02:05 PM

Just waiting to see how that works!
eomc17
Champion Author Tucson

Posts:2,218
Points:158,010
Joined:Mar 2007
Message Posted: Dec 2, 2012 9:57:38 PM

Whatever...and gas prices will to to record highs again, just like this year and last year. Big FFFFing deal.
The3rd
Champion Author Jacksonville

Posts:3,138
Points:892,275
Joined:Jul 2004
Message Posted: Dec 2, 2012 9:54:52 PM

ooooooooooooooookkkkkkkkkkkk
thunderstruck
All-Star Author Chicago

Posts:895
Points:1,324,265
Joined:Apr 2005
Message Posted: Dec 2, 2012 9:54:28 PM

they are 3 occupations where they should only get paid if they are right?
TheHermit
Champion Author Maine

Posts:3,452
Points:279,115
Joined:May 2012
Message Posted: Dec 2, 2012 9:53:20 PM

Mr Bill W is correct
Mr_Bill_W
All-Star Author Virginia

Posts:670
Points:898,875
Joined:Feb 2012
Message Posted: Dec 2, 2012 9:51:08 PM

Question:
What do meterologigists, petroleum prognostication and politicians have in common?

Answer:
They are three of a hand full of occupations where the individuals holding them can be wrong more often than they are correct and still retain their employment...
bra0712
Champion Author Arizona

Posts:5,760
Points:1,453,815
Joined:Nov 2008
Message Posted: Dec 2, 2012 9:51:03 PM

hmmm? we shall see
Is246
Champion Author Albuquerque

Posts:1,118
Points:891,390
Joined:Apr 2011
Message Posted: Dec 2, 2012 9:50:56 PM

It would be good, but lets wait and see.
mstearno
Champion Author Dayton

Posts:9,694
Points:2,377,135
Joined:Jan 2008
Message Posted: Dec 2, 2012 9:50:37 PM

don't bet on it
ty58
Veteran Author Akron

Posts:436
Points:1,109,070
Joined:Jun 2011
Message Posted: Dec 2, 2012 9:45:01 PM

we'll see
gumbyrex
Champion Author Fresno

Posts:6,652
Points:1,571,930
Joined:Mar 2011
Message Posted: Dec 2, 2012 9:43:56 PM

I don't think I'll be holding my breath. If it happens great, if not well...
TTQuattro
Rookie Author Indiana

Posts:72
Points:50,560
Joined:Oct 2012
Message Posted: Dec 2, 2012 9:40:39 PM

what
dan30thz28
Champion Author New Jersey

Posts:9,243
Points:2,781,125
Joined:Feb 2006
Message Posted: Dec 2, 2012 9:36:21 PM

Whatever!
ItsMorph
Champion Author Grand Rapids

Posts:37,304
Points:3,996,145
Joined:Mar 2004
Message Posted: Dec 2, 2012 9:36:10 PM

 
thunderstruck
All-Star Author Chicago

Posts:895
Points:1,324,265
Joined:Apr 2005
Message Posted: Dec 2, 2012 9:33:55 PM

Chaka, Chaka, Chaka, Chaka Khan
Chaka Khan, Chaka Khan, Chaka Khan
Chaka Khan, let me rock you
Let me rock you, Chaka Khan
Let me rock you, that's all I wanna do
Chaka Khan, let me rock you
Let me rock you, Chaka Khan
Let me rock you, let me feel for you
Chaka Khan let me tell you what I wanna do
Do you feel for me, the way I feel for you
Chaka Khan let me tell you what I wanna do
I wanna love you, wanna hug you, wanna squeeze you too
Let me take you in my arms
Let me fill you with my charms, Chaka
'Cause you know that I'm the one to keep you warm
Chaka, I'll make you more than just a physical dream
I wanna rock you, Chaka
Baby, cause you make me wanna scream
kbierley
Champion Author Dayton

Posts:10,767
Points:1,422,395
Joined:Nov 2003
Message Posted: Dec 2, 2012 9:30:54 PM

Test?
Dragnet
Champion Author Arizona

Posts:18,947
Points:3,694,930
Joined:Jul 2004
Message Posted: Dec 2, 2012 9:27:22 PM

Respect is earned not freely given. Obama hasn't earned anything except a gold medal for killing America.
jrsva
Champion Author Virginia

Posts:13,440
Points:2,425,150
Joined:Jan 2006
Message Posted: Dec 2, 2012 9:23:42 PM

“Not with the NoBama administration running the country into the ground...”

Wayoung and the rest of the right-wingers in GB land: President Barack Obama won re-election by a significant margin. He is your president as well as mine and will be for the next 4 years. Now is the time to stop the childish, disparaging word games with his name and pay respect to the Office of the President, even if you do not like its current occupant. The time will come when someone you approve of will hold this office, at which time you will not appreciate this sort of trash talk.

vcsuksu21
Champion Author Virginia

Posts:2,543
Points:1,041,285
Joined:Dec 2010
Message Posted: Dec 2, 2012 9:22:45 PM

That would be nice but I bet the gas price does not go down
abcdMA
Champion Author Worcester

Posts:11,268
Points:2,377,915
Joined:Nov 2008
Message Posted: Dec 2, 2012 9:21:08 PM

A sign of a depressed economy
skybiker
Champion Author South Carolina

Posts:9,624
Points:2,345,420
Joined:Jul 2008
Message Posted: Dec 2, 2012 9:20:44 PM

Not with this Prezzy...
SUPERQUACK
Champion Author Sacramento

Posts:6,457
Points:2,593,855
Joined:Jun 2007
Message Posted: Dec 2, 2012 9:20:42 PM

TEST LEVEL ????????????????????????
BigKart
Champion Author Indianapolis

Posts:2,211
Points:909,470
Joined:Apr 2011
Message Posted: Dec 2, 2012 9:20:41 PM

Fiscal cliff may make for cheaper fuel. Be careful what you wish for.
goodbuy
Champion Author Michigan

Posts:10,809
Points:2,189,040
Joined:May 2005
Message Posted: Dec 2, 2012 9:18:07 PM

Cheap gas would be good.
WebGabe
Champion Author Pennsylvania

Posts:5,776
Points:1,331,870
Joined:Jun 2007
Message Posted: Dec 2, 2012 9:15:18 PM

There's hard history coming, folks.
jorod55
Champion Author California

Posts:4,877
Points:1,259,430
Joined:Dec 2011
Message Posted: Dec 2, 2012 9:15:16 PM

But will gas for the consumer follow?
wayoung56
Champion Author Alabama

Posts:6,056
Points:1,635,910
Joined:Oct 2006
Message Posted: Dec 2, 2012 9:13:31 PM

Not with the NoBama administration running the country into the ground...
JENNYHK
Champion Author Chicago

Posts:5,939
Points:1,342,795
Joined:Apr 2011
Message Posted: Dec 2, 2012 9:12:54 PM

I will not hold my breath.
WIPACKERFAN
Champion Author Chicago

Posts:12,189
Points:2,676,205
Joined:Aug 2005
Message Posted: Dec 2, 2012 9:08:01 PM

OK
petrpuck
All-Star Author Hamilton

Posts:672
Points:632,420
Joined:Nov 2011
Message Posted: Dec 2, 2012 9:06:31 PM

Mmmmmmmmmmmmmmmmmmmmmmmmmm.....................
RAKARWOWSKI
Champion Author Chicago

Posts:7,351
Points:1,660,325
Joined:Jan 2011
Message Posted: Dec 2, 2012 9:05:36 PM

A lot of hot air.
granitestater
Champion Author New Hampshire

Posts:13,033
Points:2,233,405
Joined:Oct 2008
Message Posted: Dec 2, 2012 9:04:20 PM

The overhead costs generated by Democrat interference in the general flow of business tends to raise the price of everything...
tspaldi
Champion Author Provo

Posts:9,372
Points:1,769,510
Joined:Sep 2010
Message Posted: Dec 2, 2012 9:01:45 PM

With the democrats in office I should be getting FREE gas with my FREE healthcare!! And while they are at it pay my mortgage also...
smokinjoe54
Champion Author Ohio

Posts:6,364
Points:1,470,095
Joined:Feb 2010
Message Posted: Dec 2, 2012 9:00:02 PM

Keep dropping
mdotson
Champion Author Grand Rapids

Posts:11,815
Points:2,791,700
Joined:Mar 2004
Message Posted: Dec 2, 2012 8:58:06 PM

I hope so
rawdog1313
Champion Author Lexington

Posts:4,878
Points:2,064,620
Joined:May 2008
Message Posted: Dec 2, 2012 8:56:18 PM

Congress should Regulate Oil Speculation, but hell that means they would actually be doing something! Damn teabaggers!
Lizzylou
Champion Author Stockton

Posts:8,818
Points:2,357,285
Joined:Oct 2005
Message Posted: Dec 2, 2012 8:55:34 PM

ME TOO troutbum7
NemoIL
Champion Author Illinois

Posts:5,899
Points:2,048,970
Joined:Aug 2008
Message Posted: Dec 2, 2012 8:55:28 PM

As our economy continues to collapse, prices of crude will continue to decline.
troutbum7
Champion Author Nevada

Posts:1,695
Points:687,400
Joined:Oct 2012
Message Posted: Dec 2, 2012 8:53:55 PM

I am so confused!
Taurus1
Champion Author Ohio

Posts:5,867
Points:2,359,405
Joined:Apr 2006
Message Posted: Dec 2, 2012 8:47:44 PM

Confuses me; I just want to see the price at the pump.
toadNY
Champion Author Albany

Posts:10,494
Points:2,330,025
Joined:Apr 2008
Message Posted: Dec 2, 2012 8:44:59 PM

obama said high oil an gas prices are good. it means the economy is doing good.
clermont40miles
Champion Author Cincinnati

Posts:14,852
Points:2,582,015
Joined:Apr 2008
Message Posted: Dec 2, 2012 8:44:04 PM

Unless speculators (specu-traitors) are removed from the market, prices will stay high.

Paper trading did not exist in the then true market before the Glass-Steagall Act was repealed during the closing days of the Clinton regime.

Restore the Act and we can return to suppy/demand markets.
Post a reply Back to Topics