oil prices - Earth Empires Forum

ironxxx

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EE Patron
1108

May 25th 2014, 11:39:15

is oil going to be crazy expensive this set?

are we going to see prices over $999?

Marshal

Member
32,589

May 25th 2014, 11:49:20

nobody knows that, it totally depends what players will do, if they attack (grab land, do special against others) alot then they will buy oil but if they don't then they won't be needing oil that much.

if some1 could predict market on any server he/she would have big advantage.

Patience: Yep, I'm with ELK and Marshal.

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h2orich

Member
2245

May 25th 2014, 12:03:01

oil is always the same.. 50-100 in week 1-2, 100-200 in week 2-4, 200-500 in week 5-6, 200-300 in week 7-8.

SAM_DANGER

Member
1236

May 25th 2014, 15:45:30

SO THAT BRINGS ME TO A QUESTION...

LAST TIME I PLAYED COMMIE INDY (TWO RESETS AGO), I DECIDED TO DEDICATE ABOUT 10% OF MY LAND TO OIL RIGS. THE PREVIOUS RESET, OIL HAD BEEN CRAZY EXPENSIVE, AND I HAD BEEN SPENDING 1/3 TO 1/2 OF MY PRODUCTION EACH DAY JUST ON BUYING OIL. MADE IT PRETTY HARD TO KEEP TECH LEVELS UP.

DO THE EXPERT INDUSTRIALISTS (READ SERPENTOR) DO THIS? IT SEEMED TO WORK FAIRLY WELL TWO RESETS AGO. DIDN'T DO IT YET THIS RESET, AS OIL SEEMED EXTRA CHEAP, BUT JUST STARTED THINKING ABOUT IT TODAY.

Serpentor

Member
2800

May 25th 2014, 16:22:07

It's better to try to stock some before hand for the expensive times, although you don't want to interfere with your tech buying... Also you don't know how long the >250$ oil will last, so its a gamble either way. If I can get along without rigs I would.

I personally don't assign 10% of my resets production to oil rigs.

The EEVIL Empire

Cable

Member
1521

May 25th 2014, 17:50:38

I keep what I steal, 10% seems like alot to me.... but mabye it would be better then the 1-2% I have

Xinhuan

Member
3728

May 25th 2014, 17:55:12

If oil goes above $350, just keep rigs that you grab as rigs instead of rebuilding them. You should never build rigs as an Indy unless it goes above $700 or something like that, because the building cost + teardown + rebuild to indy cost is just way too high.

LATC

Member
1210

May 25th 2014, 18:39:09

ugh now there's no oil, it's like everyone just panicked cuz of this thread!

Originally posted by Xinhuan:

Are you guys stupid or what?

Marshal

Member
32,589

May 25th 2014, 18:59:36

Originally posted by LATC:

ugh now there's no oil, it's like everyone just panicked cuz of this thread!

nah, h2o bought all oil he could.

h2orich

Member
2245

May 26th 2014, 1:36:14

Why would I buy my own oil?

Tr1bune

New Member
11

May 26th 2014, 1:58:28

i remember years ago when oil prices were at most $60 a barrel.

Cable

Member
1521

May 26th 2014, 2:58:15

Originally posted by LATC:

ugh now there's no oil, it's like everyone just panicked cuz of this thread!

Funny I bought the last of the oil at 300 and no more was up to buy... I only got 120k of oil which is barrley a days grabbing.

KoHeartsGPA

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EE Patron
30,121

May 26th 2014, 7:39:26

Same thing will happen with food soon hehe

Mess with me you better kill me, or I'll just take your pride & joy and jack it up
(•_•)

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Kingshaun2k

Member
77

May 26th 2014, 11:38:48

Originally posted by KoHeartsGPA:

Same thing will happen with food soon hehe

Do it!

Flood the market with lots of expensive food!

bofifniisa

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May 27th 2014, 2:13:50

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KoHeartsGPA

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May 27th 2014, 4:14:59

Originally posted by Kingshaun2k:

Originally posted by KoHeartsGPA:

Same thing will happen with food soon hehe

Do it!

Flood the market with lots of expensive food!

Its in there, haven't gotten expensive enough to sell yet ;-)

Requiem

Member

EE Patron
9478

May 27th 2014, 15:07:55

With Oil prices in the 400s why don't we see any top oilers on this server? Does it not stay high enough long enough to make it worth while?

Xinhuan

Member
3728

May 27th 2014, 16:37:07

Oil prices plunge when the techers start stocking. Basically, oil usually only stays high for about 2 weeks, which isn't enough to be worthwhile.

LATC

Member
1210

May 27th 2014, 17:02:39

I did a hybrid oil/farm strat one set and finished 9th.. but Xin refuses to acknowledge I was a hybrid =P

Originally posted by Xinhuan:

Are you guys stupid or what?

BobbyATA

Member
2384

May 27th 2014, 22:07:45

Originally posted by Requiem:

With Oil prices in the 400s why don't we see any top oilers on this server? Does it not stay high enough long enough to make it worth while?

B/c people like me just start making oil on our own whether that makes sense or not...

blid

Member

EE Patron
9319

May 27th 2014, 22:21:46

Also because usually nobody good is playing an 'oiler.' The Black Pearl was a good one a few sets back but usually you don't see them.

Originally posted by Mr. Titanium:

Watch your mouth boy, I have never been accused of cheating on any server nor deleted before you just did right there.

h2orich

Member
2245

May 28th 2014, 9:37:35

Originally posted by Xinhuan:

Oil prices plunge when the techers start stocking. Basically, oil usually only stays high for about 2 weeks, which isn't enough to be worthwhile.

No, oil is still high in demand even when techers start stocking. The top players need alot of jets to break those that they have not hit yet before.

Valdez

Member
38

May 30th 2014, 23:19:43

Just wait, I will make them so high at the end!

crest23

Member
4666

May 30th 2014, 23:40:15

I will be sure to hit you then.

The Nigerian Nightmare.

LATC

Member
1210

Jun 3rd 2014, 13:53:25

Dang somebody bought a LOT of oil yesterday..

Originally posted by Xinhuan:

Are you guys stupid or what?

KoHeartsGPA

Member

EE Patron
30,121

Jun 3rd 2014, 17:12:18

Originally posted by LATC:

Dang somebody bought a LOT of oil yesterday..

Expensive big retal coming?

LATC

Member
1210

Jun 3rd 2014, 17:45:08

I don't think so, it was a few million barrels bought at a time, I think its more someone trying to do a resale

Originally posted by Xinhuan:

Are you guys stupid or what?

Serpentor

Member
2800

Jun 3rd 2014, 18:04:52

Yup. Someone trying to make a few extra bucks while trying to make everyone else suffer. Lol

The EEVIL Empire

KoHeartsGPA

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EE Patron
30,121

Jun 3rd 2014, 19:22:05

Damn resellers!!!!

LATC

Member
1210

Jun 3rd 2014, 19:35:31

well here's the weird thing, a bunch was bought out at 395-399 like 20 hrs abo, but right now there's huge chunk and its only at 400.. sooo someone either didn't end up selling all that oil.. or only plan to make a few million dollars of profit.

Originally posted by Xinhuan:

Are you guys stupid or what?

KoHeartsGPA

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EE Patron
30,121

Jun 3rd 2014, 19:44:49

/me looks at Demo's

h2orich

Member
2245

Jun 4th 2014, 4:55:19

The person who bought a bunch at 395-399 thinks that oil is gonna be 700-800 in the next few weeks, so he's buying the 'cheap' oil for future grabs.

KoHeartsGPA

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30,121

Jun 4th 2014, 5:45:52

I just bought 300k barrels @ $250ea :-)

BobbyATA

Member
2384

Jun 4th 2014, 12:35:42

Originally posted by LATC:

Dang somebody bought a LOT of oil yesterday..

DOOMPAUL?

ironxxx

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EE Patron
1108

Jun 4th 2014, 12:43:01

hopefully prices start to fall

Cable

Member
1521

Jun 4th 2014, 13:19:39

Originally posted by KoHeartsGPA:

I just bought 300k barrels @ $250ea :-)

Me too! My standing order from last week got filled :D

LATC

Member
1210

Jun 4th 2014, 13:34:26

Originally posted by Requiem:

With Oil prices in the 400s why don't we see any top oilers on this server? Does it not stay high enough long enough to make it worth while?

This is why an oiler can never win. When millions of barrels of oil are being sold at $400 for days, some idiot will inevitably sell a chunk at almost half the price and crash the oil market.

Originally posted by Cable:

Originally posted by KoHeartsGPA:

I just bought 300k barrels @ $250ea :-)

Me too! My standing order from last week got filled :D

Originally posted by Xinhuan:

Are you guys stupid or what?

Xinhuan

Member
3728

Jun 4th 2014, 14:38:26

Well 2 mil appeared at $250, that's why all your oil SOs got filled.

spchavel

Member
97

Jun 7th 2014, 9:40:46

Would it be against the rules to try and start a boycott of oil for a few days?

Marshal

Member
32,589

Jun 7th 2014, 14:03:31

Originally posted by spchavel:

Would it be against the rules to try and start a boycott of oil for a few days?

no and it wouldn't work either.

crest23

Member
4666

Jun 7th 2014, 20:38:36

It wouldn't work cause there is just no supply. There's just one big country really producing the oil and the fascists are all tiny, only 7 or 8 on the server.

The Nigerian Nightmare.

Valdez

Member
38

Jun 23rd 2014, 0:46:52

Raising prices due to a hit in supply.

pvtk7

Member
69

Jun 23rd 2014, 10:08:21

...

Silverhwk21

Member
16

Jun 23rd 2014, 19:26:22

It's crazy

xfg1665

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Aug 21st 2014, 5:57:53

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Tehlu

New Member
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Sep 7th 2014, 22:41:59

Supply and demand

Valdez

Member
38

Sep 14th 2014, 22:52:09

Yes!

Valdez

Member
38

Oct 5th 2014, 10:02:20

$300

Furious999

Member
1452

Oct 5th 2014, 11:08:12

Certainly stock some up early if you have the spare resources but drilling for your own is fine if prices start looking high. It can be extremely frustrating to have your grabbing plans interfered with because oil dries up on the market or prices reach astronomical proportions.

The notion that there is a one size fits all answer to this is as silly an idea as one size fits all usually is.

ironxxx

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EE Patron
1108

Oct 7th 2014, 0:11:40

this post is really going strong

oil prices are cheap lots of hitting