[Peakoil] oil at record high

[Keith Thomas]

Much of our oil from Brunei is - I understand - refined in Singapore.  
When there was the uproar a year ago when Singapore executed and  
Australian drug smuggler and people were saying they would ban  
Singaporean exports, there was talk boycotting Optus (owned by Singtel)  
and Singapore airlines. No one suggested they boycott Singapore-refined  
petrol.
--------------------------------------------
Keith Thomas
www.evfit.com
--------------------------------------------
On 15/07/2006, at 3:17 PM, robert and michelle preston wrote:

> Well this is what it all comes down to $77 a barrel, how ever most of  
> our imported oil comes from Bruni near Malaysia their high for Friday  
> was $80.20. ( TAPIS CRUDE ) TAPIS Crude isn't always referred to in  
> financial circles but is the price that effects us the most.   Rob
>> ----- Original Message -----
>> From: Jenny Goldie
>> To: ACT Peak Oil discussion Oil discussion
>> Sent: Saturday, July 15, 2006 11:10 AM
>> Subject: [Peakoil] oil at record high
>>
>>
>>
>> Oil ends week on record high
>> From: Agence France-Presse
>> From correspondents in New York
>>
>> July 15, 2006
>>  
>>
>> IGNITED by a flare-up in violence in the Middle East, world oil  
>> prices ended the week at record highs as prices in New York and  
>> London spiked to over $US77 a barrel overnight.
>> New York's main contract, light sweet crude for delivery in August,  
>> rallied 33 cents to close at $US77.03 a barrel.
>>
>> However, New York prices had broached $US78 in overnight electronic  
>> trading.
>>
>> In London, Brent North Sea crude for August delivery settled at  
>> $US77.27, up 58 cents from Thursday.
>>
>> Friday's gains came after oil prices smashed the  
>> $US76-dollar-a-barrel barrier for the first time Thursday, and amid  
>> steep prices gains in recent days as Israel mounted a military  
>> offensive across Lebanon and Hezbollah guerrillas fired rockets into  
>> Israel.
>>
>> "We have to conclude that this will get worse before it gets better,  
>> and the possibility exists that forces may have been unleashed that  
>> may be difficult or even impossible to contain," said John Kilduff,  
>> an energy analyst at Fimat USA.
>>
>> "Market participants must now let prudence be their most influential  
>> guide; thus, there are many more reasons to buy than sell," he said.
>>
>>  
>>  
>>
>> _______________________________________________
>> Peakoil mailing list
>> You are subscribed as theprestons at homemail.com.au
>> http://act-peakoil.org/cgi-bin/mailman/options/peakoil/ 
>> theprestons%40homemail.com.au
> _______________________________________________
> Peakoil mailing list
> You are subscribed as keith at evfit.com
> http://act-peakoil.org/cgi-bin/mailman/options/peakoil/ 
> keith%40evfit.com
-------------- next part --------------
A non-text attachment was scrubbed...
Name: not available
Type: text/enriched
Size: 4533 bytes
Desc: not available
Url : http://act-peakoil.org/pipermail/peakoil/attachments/20060716/d3b2b444/attachment.bin