BetUS.com posts odds on oil prices

29 Oct 2007

NEW YORK -- (PRESS RELEASE) -- Oil prices have risen to $91.86 a barrel on the New York Mercantile Exchange. This represents the newest record-breaking price of crude oil with no end to further increases in sight.

Oil futures have risen to nearly $7 a barrel, or 8 percent, since the government reported on Wednesday a sharp drop in crude inventories in the United States. Other petroleum futures also rose Friday. November gasoline rose 3.82 cents to settle at $2.274 a gallon on the Nymex, while heating oil futures rose 2.41 cents to settle at $2.4325 a gallon.

With oil fears rising as exponentially as the cost, BetUS.com, the largest and most respected sportsbook on the web, posted odds on the future of oil prices.

"It is sad how dependent humans are on oil. I guess it's a supply and demand situation. We need it and they raise the price on it," stated BetUS.com spokesman Reed Richards. "As history has shown us, with passing time comes price change. A Coke-a-Cola was a nickel at one point."

Price of Crude Oil on 31-12-07
Fri 11/2  11:11AM (EST)

1   $83.99 or Under       +800
2   $84 - $85.99 Inclusive       +400
3   $86 - $87.99 Inclusive       +300
4   $88 - $89.99 Inclusive       +225
5   $90 - $91.99 Inclusive       +175
7   $92 - $93.99 Inclusive       +150
8   $94 - $95.99 Inclusive       +200
9   $96 - $97.99 Inclusive       +300
10   $98 - $99.99 Inclusive       +500
11   $100 or over       +1200

* Note: Graded as per Nymex Crude Future price per Barrel on the NY
Stock Exchange

Language: English Location: Currency: > edit my preferences Home Online Slots Live Dealer Games Online Casinos Online Poker Online Bingo Games Lotteries Sports & Racebooks Fantasy Sports Forex Betting Exchanges Spread Betting Binary Options Exclusive Bonuses Weekly Newsletter Online Gaming News Payment Methods Gaming Software Gaming Site Owners Gaming Jurisdictions		Bonuses! New games! Gossip! And all the player news you can handle. Sign up NOW! View the current issue Related Links Ranked Online Sportsbooks
	BetUS.com posts odds on oil prices 29 Oct 2007 <a href='https://ad.casinocity.com/adclick.php?n=a21efcd1'><img src='https://ad.casinocity.com/adview.php?what=-site:vendors/width:250/RON&n=a21efcd1' border='0' alt='' /></a> NEW YORK -- (PRESS RELEASE) -- Oil prices have risen to $91.86 a barrel on the New York Mercantile Exchange. This represents the newest record-breaking price of crude oil with no end to further increases in sight. Oil futures have risen to nearly $7 a barrel, or 8 percent, since the government reported on Wednesday a sharp drop in crude inventories in the United States. Other petroleum futures also rose Friday. November gasoline rose 3.82 cents to settle at $2.274 a gallon on the Nymex, while heating oil futures rose 2.41 cents to settle at $2.4325 a gallon. With oil fears rising as exponentially as the cost, BetUS.com, the largest and most respected sportsbook on the web, posted odds on the future of oil prices. "It is sad how dependent humans are on oil. I guess it's a supply and demand situation. We need it and they raise the price on it," stated BetUS.com spokesman Reed Richards. "As history has shown us, with passing time comes price change. A Coke-a-Cola was a nickel at one point." Price of Crude Oil on 31-12-07 Fri 11/2 11:11AM (EST) 1 $83.99 or Under +800 2 $84 - $85.99 Inclusive +400 3 $86 - $87.99 Inclusive +300 4 $88 - $89.99 Inclusive +225 5 $90 - $91.99 Inclusive +175 7 $92 - $93.99 Inclusive +150 8 $94 - $95.99 Inclusive +200 9 $96 - $97.99 Inclusive +300 10 $98 - $99.99 Inclusive +500 11 $100 or over +1200 * Note: Graded as per Nymex Crude Future price per Barrel on the NY Stock Exchange

Related Links

BetUS.com posts odds on oil prices