lordleonusa Posted June 12, 2008 Share Posted June 12, 2008 One of the reasons that the price is going up is that the big pension and investment companies have stopped investing in the U.S. Dollar. coz it's value has fallen so far, and instead have been investing in oil futures, and guess what that causes... The largest oil consuming nation is the USA and there have been no refineries built on the west coast since 1967, and guess what that means... There is lots of oil in the ground, yes really, it has been found, but...it's in Alaska, favoured by tree huggers evereywhere... and in other places also of special scientific interest, so to speak... sigh. I would say that the CEOs of the oil companies, and their cronies are not acting in the national interest, and they they should be usurped, prosecuted and jailed for their actions, and the oil companies nationalized, except that the politicians are every bit as corrupt as those incumbent CEOs in olden days their behaviour would be classed as traitorous and they would be executed, not such a bad idea. L Link to comment Share on other sites More sharing options...
GT Posted June 12, 2008 Share Posted June 12, 2008 I would say that the CEOs of the oil companies, and their cronies are not acting in the national interest, and they they should be usurped, prosecuted and jailed for their actions, and the oil companies nationalized, except that the politicians are every bit as corrupt as those incumbent CEOs in olden days their behaviour would be classed as traitorous and they would be executed, not such a bad idea. L http://iicas.org/2004en/07_08_an_en.htm I am afraid they tried all you advised in Russia, except Khordokovsky is knitting woollen mittens in Mongolia, and they try to knacker Shell and now BP as partners. Rosneft is one of the biggest oil producers in the world and the most indebted after swallowing Yukos. It is run "in the national interest", or more like "in Putin's interest", by a close FSB (KGB) friend of his Igor Sechin who dismembered and "bankrupted" Yukos on trumped up tax claims. I'm not in favour of executing oil company bosses on that basis, if you let them start they'll soon be after foreigners like me... : Link to comment Share on other sites More sharing options...
toofast2race Posted June 12, 2008 Share Posted June 12, 2008 http://en.wikipedia.org/wiki/Hubbert_peak_theory This worth a read Link to comment Share on other sites More sharing options...
Nick Jones Posted June 12, 2008 Share Posted June 12, 2008 Hmm, superimpose a 'demand curve' on that and there is only one way for prices to go..... NIck Link to comment Share on other sites More sharing options...
GT Posted June 12, 2008 Share Posted June 12, 2008 Some twat in Gazprom is looking for a self fulfilling prophecy of doom today. 250$ a barrel by December 2009 ??) And guess who the president of Gazprom was until a few months ago .....Dmitry Medvedev, a yes-man about as convincing and independent as let me think now.. .......Gerhard Schroeder? ;D Now I wonder who pays his salary? Imagine if the UK had left all that oil and gas in the ground, and gone nuclear in 1970 like France, when they had the chance....? Sure as anything wouldn't have Brown SH...T all over Britain , a country with no manufacturers, the most expensive gas in the EU, knackered hospitals and trains that never run on time. Link to comment Share on other sites More sharing options...
Gerard Posted June 12, 2008 Share Posted June 12, 2008 Well they won't sell much if they bankrupt everyone... Link to comment Share on other sites More sharing options...
mattius Posted June 12, 2008 Author Share Posted June 12, 2008 everyone needs fuel to live, the effect it will have though is to drive down the price of everything else in our economy. fuel price increase = increased food production costs increased transportation costs increased retailing costs increased final price to customer combine that with increased cost to the customer to get to said food retailer, you will see a lot more smaller buisnesses going out of buisness, hence more unemployed, hence taxes will increase to cope with the increased unemployed. you could go on and on. Unfortunatly the situation isnt going to improve with the mamoth demands from china and india for fuel levels that the uk couldnt even comprehend using in a year it is just pushing the price up and up. The soloution, nationalise the uk oil and gas industries, it is the only way to be selfish and ensure that the uk's interests are served first before overseas. I find it very interesting though that most of are fuel is imported, yet most of the fuel we produce is exported. And dont get me started on the stupid twats reading in the paper that there is gonna be a shortage and filling their cars with 3.50 worth of fuel!!! where is the need, panic buying will cause the price to increase even more. We sold twice the amount of petrol we usually did yesterday, i had to ring up and get a tanker up. IT IS ONLY SHELL DRIVERS FFS, i just pick up the phone and have a tanker there in 6hours there isnt a shortage. Link to comment Share on other sites More sharing options...
AJ.Lintern Posted June 12, 2008 Share Posted June 12, 2008 WTF are these tanker drivers striking for anyway? 6+% pay rise and £36k+ not enough to drive a truck these days?! ??) The police got less than 2% and less cash to start with! Hardly surprising they're pissed off : Link to comment Share on other sites More sharing options...
DaveNotSoSideways Posted June 13, 2008 Share Posted June 13, 2008 Good money for sitting on your arse. I might look into a new career. Link to comment Share on other sites More sharing options...
GT6Steve Posted June 13, 2008 Share Posted June 13, 2008 Here in the US the Wankers in SUV's and Pickups are getting a wake up call! There was an editorial cartoon a few days ago where a petrol station selling at $1.20 a quart had all of the business from an adjacent station selling at $4.00 a gallon. I saw the humour and reflected upon when you starting selling in Liters. My compatriots at the lunch table couldn't comprehend...yet! Link to comment Share on other sites More sharing options...
Toledo Man Posted June 23, 2008 Share Posted June 23, 2008 I went past a local Tesco and I couldn't believe it when I saw unleaded at 119.9p a litre. (the day before petrol at Tibshelf Services on the M1 was 120.9 a litre) Morrison's was 115.9p a litre. Guess which got my business... Link to comment Share on other sites More sharing options...
DaveNotSoSideways Posted June 23, 2008 Share Posted June 23, 2008 Sucks... 120.9p here for the last few days! No need to go on a Motorway monopoly trip. Actually I haven't put any juice in my motor for 2 weeks! ;D Link to comment Share on other sites More sharing options...
AJ.Lintern Posted June 23, 2008 Share Posted June 23, 2008 Glad it's nice weather so I can drive the Spit - apart from the obvious enjoyment of open air motoring, 36+mpg is rather more palatable than the 28ish I can expect from the German cars Link to comment Share on other sites More sharing options...
mattius Posted June 23, 2008 Author Share Posted June 23, 2008 yeaayyyy shop in morrisons, they pay my wages! help me get a bigger bonus lol, im away for more training for the next two weeks so im missing most of it. Link to comment Share on other sites More sharing options...
Nick Jones Posted June 23, 2008 Share Posted June 23, 2008 Hmm, Haven't bought any fossil fuel for several weeks as the Audi is learning to like bio. New kind of forecourt experience rolling up to a single pump outside a scruffy industrial unit in the depths of Devon. Very sticky floor and the dog (big Husky) is on hand to deal with any contractual issues... Oh, and they take used chip oil in PX ;D Not sure the car much likes the taste but the exhaust smells better Nick Link to comment Share on other sites More sharing options...
Oracle Posted June 23, 2008 Share Posted June 23, 2008 Cod, Pollack, Haddock? Link to comment Share on other sites More sharing options...
Nick Jones Posted June 23, 2008 Share Posted June 23, 2008 Cod, Pollack, Haddock? Mostly chips..... could be pancakes too Nick Link to comment Share on other sites More sharing options...
mattius Posted June 23, 2008 Author Share Posted June 23, 2008 i watched a program somewhere where they used curry oil and the car exhaust fumes smealt of curry! i like that, there used to be an additive for nitro rc cars which gave their exhaust a cherry smell, was funky stuff but messed up the chambers. Link to comment Share on other sites More sharing options...
Toledo Man Posted June 26, 2008 Share Posted June 26, 2008 Why does the stuff keep on going up? Last few weeks Morrisons has been going up a penny a week. Can't you do anything Matt? I'm glad I don't run anything thirsty! Link to comment Share on other sites More sharing options...
Nick Jones Posted June 26, 2008 Share Posted June 26, 2008 I don't run anything thirsty either - but do do alot of miles for work - and my mileage rate (the government std actually) hasn't gone up in 4 years > Thieves, bandits, pirates................!! Nick Link to comment Share on other sites More sharing options...
GT Posted June 26, 2008 Share Posted June 26, 2008 I just watch it out of the window going by, 100s & 100s of them....each train, every day in an undending stream from Siberia to the Baltic and on, transoil, lukoil, rosneft leased to rich leasing companies. 66 oil wagons at a time. You can tell when they're full , the springs are squashed nearly flat, going back they're bouncing up & down on top of them. Brilliant bogies they have on them, a one piece steel forging made somewhere in Siberia (I guess cos Russian railways trains have a different gauge size from western Europe). This is unimaginable wealth going by at 135$ a barrel, and it went under the British government's noses at $20-$30 a barrel for 20 years & totally WASTED! : Link to comment Share on other sites More sharing options...
Spitfire2500 Posted June 30, 2008 Share Posted June 30, 2008 There's something very f*****g strange going on here. Petrol and diesel in Lochgilphead and Inverness cheaper than petrol and diesel in Edinburgh. If somebody tried to tell me this I'd say they were a f******g liar but I've just seen with my own eyes. Filled up (the Land Rover on diesel) in Inverness on Thursday and Lochgilphead on Saturday for 1p and 2p cheaper respectively than my usual Shell garage in Edinburgh today. Normally it's at least 3p to 4p more expensive in Inverness and 6p to 7p more expensive in Lochgilphead. What the f***k is going on... > ??) Link to comment Share on other sites More sharing options...
AJ.Lintern Posted June 30, 2008 Share Posted June 30, 2008 Well it's easier for the garages to try it on - everyone expects the price to be going up and can't keep track of what the real figure should be as it changes almost weekly, so they can add a few pence here and there without people noticing like they would usually. Link to comment Share on other sites More sharing options...
Ian65 Posted June 30, 2008 Share Posted June 30, 2008 They reckon now that petrol is going to hit £2.00 per litre. Watch the country nosedive into recession then. Loads of big capacity modern cars will become practically worthless overnight. people won't be able to change them for more efficient ones cause they won't be able to take the hit on their current car. £2.00 a litre ... it's the end of the world as we know it. Link to comment Share on other sites More sharing options...
AJ.Lintern Posted June 30, 2008 Share Posted June 30, 2008 Cheap powerful cars and empty roads - sounds good to me! ;D 8) Link to comment Share on other sites More sharing options...
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