Posted February 27, 201114 yr With all the workers in the oil industry fleeing parts of the middle east (and no-one running these desert oil fields) how long will it take for the ripples to reach our fore-courts ?
February 27, 201114 yr Moderator With all the workers in the oil industry fleeing parts of the middle east (and no-one running these desert oil fields) how long will it take for the ripples to reach our fore-courts ? How long does it take to go to the sign and add 5p per Litre? Poor old motorists.................mugged again.
February 27, 201114 yr Moderator How long does it take to go to the sign and add 5p per Litre? .......... The same amount of time it takes to add 20p per litre That pug looks like my 'Casper' when he was a much younger chap (14 now, deaf, grey and dont see so good these days)
February 28, 201114 yr I imagine they're already stockpliling, waiting for the price to go up before unloading onto the market, and creating a shortage to drive prices up. What happened to the self sufficiency in oil and gas that we were all sold in the late 60s and early 70s, from our fields in the north sea etc, owned by the nation for the nation, paid for by the nation? Flogged of cheap by our bankrupt governments to our european partners, who have used it all up double quick leaving us at the mercy of the arabs Economise and use less and the price goes up to cover their loss of revenue. Use more and the price goes up to try to force us to use less Rant over
February 28, 201114 yr It's simple. The price of Oil goes up, so does the price of fuel - Becasue they have to buy it at the market price....... When the price of Oil goes down, they have to keep the price of fuel up until the reserves are used up, because they bought it at that price..... The Gas companies have been getting away with it for years..... The ironic thing about this, it's all down to the bwankers buying and selling on the markets, and sod all to do with supply. I guess they will be invading Libya next, crackpot dictator and oil, if he had no oil 'they' wouldn't give too hoots about him.
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