Crude oil hits US$130 a barrel!

Adrian Wong · 23rd May 2008, 03:59 AM

OMG... Crude oil prices are really going through the roof. Just saw on CNN that crude oil prices have just hit US$130 a barrel.

This is going to mean higher fuel and food prices.

Mac Daddy · 23rd May 2008, 08:27 AM

Quote:

Originally Posted by Adrian Wong

OMG... Crude oil prices are really going through the roof. Just saw on CNN that crude oil prices have just hit US$350 a barrel.

This is going to mean higher fuel and food prices.

Affects everything involving transportation and commodities. Every industry feels this

peaz · 23rd May 2008, 08:46 AM

350????? gosh

sherwin · 23rd May 2008, 01:53 PM

US$350?? Thats almost double

Isnt it at US$ 135?

Adrian Wong · 23rd May 2008, 02:40 PM

Sorry!! Typo!! It's over US$130!

I have no idea why I typed $350. I have to blame it on lack of sleep!!!

If crude oil really hits US$350, then cars would go out of favour really fast!

I think at that price, petrol should cost about RM12-15 (US$4-5) per liter!

Dashken · 23rd May 2008, 03:35 PM

LMAO! The last I heard was it's over 100, suddenly 350. I thought I was dreaming.

The_YongGrand · 23rd May 2008, 05:38 PM

We should make more solar cars and more renewable energy sources !!

Chai · 23rd May 2008, 06:11 PM

This is the right time to waste more petrol!!!

Trinity · 23rd May 2008, 06:23 PM

As of today it's going for $3.99 usd a gallon here. I've never seen it so hi!!!

The damn oil cartel is screwing the whole world by keeping production low to keep the demand up. Along with the cost.

sherwin · 23rd May 2008, 06:35 PM

For some older pumps in the states, the dials can only show up to 3.99 due to the old mechanical dials that are used. The manufacturers back then never thought that it would be this high.

Since its too expensive to replace the dials to electronic ones, some are reconfiguring the dials to show the prices in half gallons

23rd May 2008, 03:59 AM	#1 (permalink)
Adrian Wong Da Boss Join Date: 10 Oct 2002 Location: In front of my BenQ Joybook 7000 notebook! Posts: 29,939 Reputation: 2958 Rep Power: 65	Crude oil hits US$130 a barrel! OMG... Crude oil prices are really going through the roof. Just saw on CNN that crude oil prices have just hit US$130 a barrel. This is going to mean higher fuel and food prices. __________________ Dr. Adrian Wong Tech ARP \| Blog @ Tech ARP \| The Free Trade Zone DYKT : The only offshore account I have is at the sand bank? Keep Tech ARP free! Visit our sponsors! We need PROGRAMMERS and TECHNICAL WRITERS! Contact us if you are a hot shot programmer or technical writer! My items for sale : 50x SD Card \| Memory Stick PRO \| Cyclone Energy Saver \| Seiko SS watch \| Tiger/Carlsberg beer jugs \| Travel Speakers \| Motorola V600 \| Nokia N90 SOLD! \| New Lowepro Mini Trekker AW Other items for sale @ the FTZ : Zalman CNPS9500 LED @ $20 \| Zalman CNPS7700 Cu @ $20 \| Zalman CNPS7000 Cu @ $20 \| Swarovski bracelet watches \| Dell 17" LCD \| Hi-Fi speakers \| English DIVX movies \| HP LaserJet toners! \| Office chairs Last edited by Adrian Wong : 23rd May 2008 at 02:41 PM.

23rd May 2008, 08:46 AM	#3 (permalink)
peaz ARP Webmaster Join Date: 13 Oct 2002 Location: http://atpeaz.placidthoughts.com/ Posts: 8,500 Reputation: 1633 Rep Power: 31	350????? gosh __________________ Ken Ng Tech ARP Visit my web gallery - Ken's Digital Canvas Shoot and Earn Money from Stock Photography Sterling@PJ Community Forums

23rd May 2008, 01:53 PM	#4 (permalink)
sherwin I'm a regular Join Date: 15 Oct 2003 Location: Penang <> KL Posts: 290 Reputation: 2011 Rep Power: 26	US$350?? Thats almost double Isnt it at US$ 135? __________________ detailing blog

23rd May 2008, 02:40 PM	#5 (permalink)
Adrian Wong Da Boss Join Date: 10 Oct 2002 Location: In front of my BenQ Joybook 7000 notebook! Posts: 29,939 Reputation: 2958 Rep Power: 65	Sorry!! Typo!! It's over US$130! I have no idea why I typed $350. I have to blame it on lack of sleep!!! If crude oil really hits US$350, then cars would go out of favour really fast! I think at that price, petrol should cost about RM12-15 (US$4-5) per liter! __________________ Dr. Adrian Wong Tech ARP \| Blog @ Tech ARP \| The Free Trade Zone DYKT : The only offshore account I have is at the sand bank? Keep Tech ARP free! Visit our sponsors! We need PROGRAMMERS and TECHNICAL WRITERS! Contact us if you are a hot shot programmer or technical writer! My items for sale : 50x SD Card \| Memory Stick PRO \| Cyclone Energy Saver \| Seiko SS watch \| Tiger/Carlsberg beer jugs \| Travel Speakers \| Motorola V600 \| Nokia N90 SOLD! \| New Lowepro Mini Trekker AW Other items for sale @ the FTZ : Zalman CNPS9500 LED @ $20 \| Zalman CNPS7700 Cu @ $20 \| Zalman CNPS7000 Cu @ $20 \| Swarovski bracelet watches \| Dell 17" LCD \| Hi-Fi speakers \| English DIVX movies \| HP LaserJet toners! \| Office chairs

23rd May 2008, 03:35 PM	#6 (permalink)
Dashken Administrator! Join Date: 21 Apr 2003 Location: Penang Posts: 29,722 Reputation: 2162 Rep Power: 56	LMAO! The last I heard was it's over 100, suddenly 350. I thought I was dreaming. __________________ \| Intel Core 2 Duo E6850 @ 3.2Ghz \| ASUS P5B-E Plus \| G.SKILL 2x1GB DDR2 800 \| 6 HDDs (2TB+ only ) \| NVIDIA GeForce 7600GT \| Dell E248WFP 24" Widescreen \| Blog : Dashken's I-Blog Gallery : Dashken's I-Paintings

23rd May 2008, 05:38 PM	#7 (permalink)
The_YongGrand Super Active Join Date: 12 Feb 2005 Location: Somewhere in 甲洞... Posts: 2,280 Reputation: 852 Rep Power: 14	We should make more solar cars and more renewable energy sources !! __________________ Intel Core 2 Duo E7200, 2GB DDR2-667 RAM, Gigabyte 945GCMX-S2, Sapphire ATi Radeon HD4850 512MB DDR3 2nd pc under construction! Wolfdale baby!

23rd May 2008, 06:11 PM	#8 (permalink)
Chai Administrator Join Date: 6 Oct 2002 Location: Maranello Posts: 26,655 Reputation: 3984 Rep Power: 72	This is the right time to waste more petrol!!! __________________ Chai (Contributor & Forum Admin) http://www.techarp.com/

23rd May 2008, 06:23 PM	#9 (permalink)
Trinity Little Kiki Join Date: 5 Jan 2003 Location: Ohio,usa Posts: 6,769 Reputation: 5209 Rep Power: 64	As of today it's going for $3.99 usd a gallon here. I've never seen it so hi!!! The damn oil cartel is screwing the whole world by keeping production low to keep the demand up. Along with the cost. __________________ E6600, P5B-D, 1Gbx2 Crucial PC2-8500, 7600GT, WD 500GbHDD Conroe Bay-Bee! (\__/) (-. - ) (> < )

23rd May 2008, 06:35 PM	#10 (permalink)
sherwin I'm a regular Join Date: 15 Oct 2003 Location: Penang <> KL Posts: 290 Reputation: 2011 Rep Power: 26	For some older pumps in the states, the dials can only show up to 3.99 due to the old mechanical dials that are used. The manufacturers back then never thought that it would be this high. Since its too expensive to replace the dials to electronic ones, some are reconfiguring the dials to show the prices in half gallons __________________ detailing blog