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JosephKK[_2_] JosephKK[_2_] is offline
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Default Oil prices climb to $101.11 a barrel...

MooseFET wrote:
"Paul Hovnanian P.E." wrote in message
...
Jim Thompson wrote:
"Paul Hovnanian P.E." wrote in message
...
Jim Thompson wrote:
http://www.marke****ch.com/news/stor...%7D&siteid=rss

Feb. 26, 2008

.................................................. ................................................

As the broader market began to regain lost ground, crude prices for
April delivery gained 2.3% to a new high of $101.11 a barrel on the
New York Mercantile Exchange, surpassing crude's last record of
$100.65 hit last week.

Or, the dollar drops to $101.11 per barrel. That's about 66.96 EU/
barrel. There's a good change that if you offered to settle in Euros,
most oil producers would quote you a better rate than that.

--
Paul Hovnanian
------------------------------------------------------------------
Life is like an analogy.
That's the right way to look at the transition. In 2003 the EURO makers
said they will beat US because they hated Bush's arrogant act on Iraq,

Too paranoid. Put the aluminum foil hat back on.

The EU simply never allowed itself from being distracted from running
its economies and industries based on sound fiscal principles.



--
Paul Hovnanian
------------------------------------------------------------------
Time's fun when you're having flies. -- Kermit the Frog


they pushed to Arabic countries to use EURO as their standard currency.



Wrong. OPEC will still take dollars, or a number of other currencies.
You just get quoted a different price, depending on what the demand for
your particular currency is.



Look up a dictionary for a term "Standard" Is the Dollar right now the
standard Currency of the world Dummy ? Go to Ebay, check out HongKong
items, they require EURO or Austrilian Dollar. Don't make a **** out of
yourself Stupid.





Is little baby upset that her US dollars do not buy the same amount of
HK trash that they used to. Poseur. Impostor.