Tell us what you think! Crude Oil Prices: Reasonable or Ridiculous?
  • Yes! Oil Prices are Reasonable!
  • No! Oil Prices are Ridiculous!
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Crude Oil Prices: Reasonable or Ridiculous?
Post 1 of 45
Admin Moderator
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Is the price of Crude Oil going crazy? Many experts expect the price to reach US$100 per barrel before the end of 2007. This could have a dramatic impact on the lives of billions of people worldwide.

How do you think this will affect you and your business? Do you think the rising prices will leave a big hole in your pocket or are we panicking for no good reason? Is the price reasonable or ridiculous?

take part in our hot debate!

 

27 Nov 2007 18:42
Post 2 of 45
Replying to [Admin]:

Just looked at the traffic jam, if the oil price is low, then we will be wasting oil and time on the road, where else if the oil price is high there will be lesser vehicles on the road, not much time is wasted, no jam and no stress
27 Nov 2007 20:45
Post 3 of 45
Mike W Liu
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Replying to [Admin]:There are more truck waitting in the front of my community. They cause jam, so it brought inconveniency to my life.[em12]. I think the best way is to invent a new power to replace oil. Let our life more healthy and environmental.
27 Nov 2007 21:03
Post 4 of 45
honeymoon
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Replying to [Admin]:

Dear admin, I think the crude oil price raise up so high is unreasonable. Though it doesn't effect my daily work and live, it still indirect effects our live. The oil price raise up effect the other commodities we live necessities. But our salary haven't raise up so quickly. So I think the crude oil prices in now are Ridiculous.

Do you agree, admin?

Best Regards!

Peter Zhou
27 Nov 2007 21:53
Post 5 of 45
Replying to [Admin]: Of course, there is more competettion now & profit margins are decreasing day by day. In this context, rapidly changing oil prices effect cost of products.

Thus reducing profit to almost zero. There is need to end wars & get stable oil prices for better trade, control inflation & have steady growth.
27 Nov 2007 22:24
Post 6 of 45
Jenny123
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Replying to [honeymoon]:
Hi Honeymoon,
I'm absolute agree with you, the Crude Oil price is continued raising, it has influenced our life. The foodstuff is raising too and commodity. ( though I don't know the rise of the foodstuff price is subjected to the impact of the Crude Oil price.) I think the crude oil prices is Ridiculous.
27 Nov 2007 23:02
Post 7 of 45
Jenny123
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Replying to [honeymoon]:
Hi Honeymoon,
I'm absolute agree with you, the Crude Oil price is continued raising, it has influenced our life. The foodstuff is raising too and commodity. ( though I don't know the rise of the foodstuff price is subjected to the impact of the Crude Oil price.) I think the crude oil prices is Ridiculous.
27 Nov 2007 23:02
Post 8 of 45
Replying to [Admin]:

China and India have started consuming at a higher rate. The OPEC countries
have controlled oil production. Therefore the demand exceeds the production. Ofcourse it will cause further damage to the price escalation/inflation. [em4]

Unless an alternative viable energy source is identified, the spiraling effect will continue. As others said, only advantage could be less traffic and pollution.[em2]
27 Nov 2007 23:31
Post 9 of 45
maria liu
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Replying to [Admin]:[em1] i think crude oil price low or high, it will not influence me, the rich can still buy oil as usual, but the middle class can not afford to buy it.though i am proletarian [em8]
27 Nov 2007 23:58
Post 10 of 45
Replying to [Admin]:It is unreasonable, however impact of Cepreciation of dollar may be the one reason but still it is very disappointing.
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28 Nov 2007 03:54
Post 11 of 45
Replying to [Admin]:
Oil Prices are Ridiculous![em8]
....but price depend on demand
28 Nov 2007 06:19
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