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1000 a barrel of crude oil??

Posted: Wed May 21, 2008 9:01 pm
by shaamboo
intresting blog you guys should read this is he crazy or what??









http://stanleybing.blogs.fortune.cnn.co ... rel-crude/

Re: 1000 a barrel of crude oil??

Posted: Wed May 21, 2008 9:12 pm
by suga_n_spice
nayaa. i missed u. where have u been hidin?? :lol:

Re: 1000 a barrel of crude oil??

Posted: Wed May 21, 2008 9:13 pm
by eternauta
$1000 by 2010? The author is clearly exaggerating. More likely, it could reach $200, with gas costing +$6 a gallon.

Re: 1000 a barrel of crude oil??

Posted: Wed May 21, 2008 9:24 pm
by James Dahl
Either way, Somalia is sitting on a hell of a lot of cash.

Re: 1000 a barrel of crude oil??

Posted: Wed May 21, 2008 9:27 pm
by eternauta
James Dahl wrote:Either way, Somalia is sitting on a hell of a lot of cash.
Somalia better sign up with Chinese, Malaysian or non-Western oil companies, just as Sudan. Nothing good can come from signing up with Western oil companies.

Re: 1000 a barrel of crude oil??

Posted: Wed May 21, 2008 9:54 pm
by James Dahl
eternauta wrote:
James Dahl wrote:Either way, Somalia is sitting on a hell of a lot of cash.
Somalia better sign up with Chinese, Malaysian or non-Western oil companies, just as Sudan. Nothing good can come from signing up with Western oil companies.
Arabs have oil companies now too, like Kuwait, UAE and Yemen.

Re: 1000 a barrel of crude oil??

Posted: Wed May 21, 2008 10:07 pm
by Abtiga
Somalia can be exploited by Oil companies under the current state of chaos and lack of strong national government. The regional crooks in leadership positions will be happy to pocket few millions and sign up contracts without burgain and future concern. They want to make a quick buck leaving behind the environmental mess and the steep loss of national wealth for somalis to deal with in the future. It is best to wait for a strong national government which has the backing of Somalis in order for us to gain maximum benefit from Oil and Mineral Exploration of the land.

Re: 1000 a barrel of crude oil??

Posted: Wed May 21, 2008 10:23 pm
by American-Suufi
eternauta wrote:
James Dahl wrote:Either way, Somalia is sitting on a hell of a lot of cash.
Somalia better sign up with Chinese, Malaysian or non-Western oil companies, just as Sudan. Nothing good can come from signing up with Western oil companies.
Why Chinese companies?

Olympic Torch Hurts Uighur Muslims

IslamOnline.net & News Agencies

"http://www.islamonline.net/servlet/Sate ... /NWELayout

Re: 1000 a barrel of crude oil??

Posted: Wed May 21, 2008 10:29 pm
by eternauta
James Dahl wrote:Arabs have oil companies now too, like Kuwait, UAE and Yemen.
But those countries aren't independent from Western influence/meddling and do not manufacture their own weapons and arms.

Re: 1000 a barrel of crude oil??

Posted: Thu May 22, 2008 7:35 am
by Broccoli
there is no oil in Somalia. its an urban myth.
stick to the xawaalads.

Re: 1000 a barrel of crude oil??

Posted: Thu May 22, 2008 7:38 am
by American-Suufi
American-Suufi wrote:
eternauta wrote:
James Dahl wrote:Either way, Somalia is sitting on a hell of a lot of cash.
Somalia better sign up with Chinese, Malaysian or non-Western oil companies, just as Sudan. Nothing good can come from signing up with Western oil companies.
Why Chinese companies?

Olympic Torch Hurts Uighur Muslims

IslamOnline.net & News Agencies

"http://www.islamonline.net/servlet/Sate ... /NWELayout
James Dahl and eternauta are old Communists against the west. Old faces in new jumpers.

Re: 1000 a barrel of crude oil??

Posted: Thu May 22, 2008 3:04 pm
by Broccoli
oil hit $135 today