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View Full Version : Crude Oil closes over $100


Buccaneer
02-19-2008, 06:40 PM
for the 1st time ever at $100.01.
kepdawg
02-19-2008, 06:41 PM
Congratulations oil!
Buccaneer
02-19-2008, 06:47 PM
Oil prices are still within the range of inflation-adjusted highs set in early 1980. Depending on how the adjustment is calculated, $38 a barrel then would be worth $96 to $103 or more today.
JasperDog94
02-19-2008, 07:56 PM
:mad: :mad: :mad:
Old Tiger
02-19-2008, 08:17 PM
rediculous. rich get richer in oil.
BIG BLUE DEFENSIVE END
02-19-2008, 08:29 PM
Originally posted by Buccaneer
Oil prices are still within the range of inflation-adjusted highs set in early 1980. Depending on how the adjustment is calculated, $38 a barrel then would be worth $96 to $103 or more today.

Yeah, but are people getting paid anymore for their labor and services they provide?
old warrior
02-19-2008, 10:05 PM
compared to 1980?

YES

I would say that wages on average are higher today than in 1980

come'on GR, I know for a fact you're smarter than that:rolleyes:
zebrablue2
02-19-2008, 10:16 PM
here we go again with the over 3 dollar a gallon gas. man, that just stings....