Couldn't you just edit your post? It's hard to ignore it.
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Couldn't you just edit your post? It's hard to ignore it.
Sorry people. I am not sure what all the hoo haa is. I cant edit it and i dont know how to delete it so how?
What is the issue here. Simply talking about a game of golf with Bermuda and Side Show Bob as we all have played the game before. Maybe there is another golfer so we can tee up a foursome.
Oil is back knocking on the 100 dollar door again,after hitting 98.34 this morning. Guess it is just sinking in that a US resession will slow oil rise but not stop it. Just too many economies are now more independent to the US than in the past.Also many parts of the world are in fact doing very well so the demand for oil is too tied to there economic growth for fossil fuels to drop for long.
Digger. Opec is also looking to cut back poduction. Take that how you like.. Peak oil?. Either way oil prices are set to soar.
Should be a positve day for nzo
Crude Oil Rises to a Record $100.10 on OPEC Production Outlook
By Mark Shenk and Grant Smith
Feb. 19 (Bloomberg) -- Crude oil rose to a record $100.10 a barrel in New York on speculation that OPEC will cut production when it meets next month.
The Organization of Petroleum Exporting Countries, due to meet on March 5, may cut output as winter heating demand wanes, oil ministers from Algeria and Iran said in the past week. Oil has rallied 15 percent from this year's low of $86.99 a barrel reached on Jan. 23.
Crude oil for March delivery rose $4.41, or 4.6 percent, to $99.91 a barrel at the 2:30 p.m. close of floor trading on the New York Mercantile Exchange.
Brent crude for April settlement rose $3.39, or 3.6 percent, to $98.30 on London's ICE Futures Europe exchange. The contract reached a record $98.70 a barrel today.
To contact the reporters on this story: Mark Shenk in New York at mshenk1@bloomberg.net .
Looks like things are starting to move ,last time i looked a few hours ago it was 98.30 ,now over the 100
There is a new presentation out on the NZOG website
under http://www.nzog.net/NZOG%20Company%2...ary%202008.pdf.
It mentions that the Mohomoho prospect (adjacent to Kupe area) is to be drilled in
the 2nd quarter of 2008.
.
GO NZOG GO ......
POO at the ton !!!
http://futures.tradingcharts.com/intraday/QM/38
.