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Total Chief Predicts $200 Oil In The Future
AFP
Thursday, July 17, 2008
The head of French energy giant Total believes that oil prices will one day top 200 dollars per barrel but not this year even if the market will inevitably remain strong.
“We must get used to high energy prices,” Total Chief Executive Christophe de Margerie told France 24 television in an interview broadcast at the weekend.
“Will the price of oil reach 200 dollars one day? Most definitely. Will it go above 200 dollars one day? I am sure of it. When? I don’t know,” de Margerie said.
(Article continues below)
However, “200 dollars before the end of this year, that looks like too much for me,” he said.
“If we go up to 200 dollars in the space of two or three days, then that would be catastrophic. If we go up to 200 dollars over 10 or 15 years, then that would be more normal.”
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8 Responses to “Total Chief Predicts $200 Oil In The Future”
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July 17th, 2008 at 8:27 am
he is toeing the party line
which party?
the Bilderberg party
insiders at the recent Bilderberg shindig in Virginia relayed, amongst other things, that even the Bilderbergers didn’t want to have gas rise as high as it has recently so it will start going down a little bit towards the end of the summer.
i guess that they know that one good way to awaken the sleeping sheeple giant is to gouge them at the gas pump! lol
well it is too late, the genie is out of the bottle and it isn’t going back in.
check this out and you will see what i mean… http://usafastway.com/WATER4GAS
July 17th, 2008 at 8:52 am
“They want a fascist planet with the superwealthy ruling it all/ Since we’re too independent, America must be led to fall,” according to The Cornbread Mafia:
http://www.youtube.com/watch?v=uw5dP5gy2Vs
July 17th, 2008 at 10:12 am
Hey,
Alex Jones Prison Planet Forum is full of communist trolls masquarading as Moderators,especially the one called ROCK,that are banning people for expressing their opinions!
July 17th, 2008 at 1:25 pm
Wow, he’s really putting himself out there. What a bold prediction…$200 oil sometime in the future, this guy should start reading tarot cards while he’s at it.
July 17th, 2008 at 2:16 pm
I’ve been sending out emails since late June saying the oil bubble was about to burst. And it has.
July 17th, 2008 at 5:33 pm
THIS is aggravating, yes. BUT…it is the LEAST of our problems.
It’s time to start preparing, people. Time to wake up to the REAL devastations coming down.
Come share your views here at our new, private, secure DISCUSSION FORUM, where your input is vital; sharing is greatly encouraged; learning the truth is KEY:
https://www.intl-alliance.com/forum/index.php
We need to hear from you!
July 17th, 2008 at 9:06 pm
Clearly there are NO supply problems. There are oil tankers waiting for buyers all over the world. There is no retail supply interruption. There is only speculation. The private bankers and investment bankers are driving up the price of oil with money from YOUR 401K’s and hedge funds. Yes, that’s right. They are screwing you with your own money. You should be aware that these people love little games like this on the way to the final solution.
This week it’s down so far around 10%. We will continue to see wild swings in the mid $100’s as a trading range. And if we ever attack Iran, oil will be $200 per barrel by the end of trading the following weekday.
Yahoo has a headline story right now about Chertoff (Homeland Insecurity Wafen SS Commander) telling us terrorists are trying to enter the US with EU passports. This has to be a complete fabrication. So keep your eyes and ears open for a FALSE FLAG operation in the coming weeks.
See you at Gitmo!
July 17th, 2008 at 11:22 pm
Download the Non-Energy Crisis on Google video!!! We HAVE enough oil in Alaska for 200 years!!!! They are selling our oil too Asia. They are pumping 1 Billion Cubic feet of natural gas back INTO the ground everyday!!!!