Petrol prices - how high in 2011?

Petrol prices - how high in 2011?

$2.00: [www.ipredict.co.nz]

$2.10: [www.ipredict.co.nz]

$2.20: [www.ipredict.co.nz]

$2.30: [www.ipredict.co.nz]

Lets move to this one now...


its pretty close to the $2 mark, so of course its trading at 98c (ish).. but will it actually get there any time soon?? im not convinced.

I think there might be a dip soon and those thinking it will go over $2 will have to wait a number of months..for the sake of a dollar or 2, im shorting..

dre-e-e-e-eeam, dream dream dream...

[www.youtube.com]

I'm with OCG.

ha ha.. exaclty what it is.. a dream.. but for $1 to make $99 is there any harm in dreaming?
its like backing the donkey with the broken leg at the Melbourne cup.. one year it will happen!!

ps OCG.. how long have you been waiting to use your "dre-e-e-e-eeam, dream dream dream... " joke with the link?

Any Peak Oilers here?

Oddjob Wrote:
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> Any Peak Oilers here?

What are you asking exactly?

Petrol up to 199.9c/l, 2c increase.

www.tvnz.co.nz

OCG, to elucidate: anyone here disagree that oil supply rates will peak at some point soon, perhaps already happened.

The MED graphs tend to say the importer margins are bang on

Supply and demand.

Libya's supply cut to under a 1/4 of the level 2 weeks ago, Japan in need of significantly greater supply than normal to rebuild + US moving into high gasoline use season (as compared to fuel oil). Plus NZ economy being reported as worsening post ChCh hmmm... how long can NZD/USD rate stay high?

I can't believe prices at the pump are not going to significantly increase this year.