Petrol prices 'set to ROCKET'

[Deleted User 11453]

If the price increases then the US shale companies will start up again, production can be scaled up by OPEC etc.

 

[Deleted member 29601]

How come a litre is about the same price now at $60 a barrel as when it was $150?

 

[EDGE]

How come a litre is about the same price now at $60 a barrel as when it was $150?

I wonder.

 

[Kevj]

How come a litre is about the same price now at $60 a barrel as when it was $150?

The market reacts quickly to increases in material costs, and slowly to reductions in cost. This obviously is always in favour of the oil producers. Wait until we are all driving electric cars. Haway the wind.

 

[Jimmer13]

I need my motor and I don't moan about price increases because it gets you nowhere. Just accept it, that way less personal stress and life carries on.

If you need fuel to got to have it so makes never no mind moaning about the cost...Just have to pay it and lump it unhappy but with a full tank of fuel till the next fill up when the process starts a
again......muggers robbers and fuel barons the lot of them!
..

 

[Deleted member 29601]

The market reacts quickly to increases in material costs, and slowly to reductions in cost. This obviously is always in favour if the oil producers. Wait until we are all driving electric cars. Haway the wind.

Cheers.Ten gusts of wind?that will be £20 please.

 

[ouro]

Oil is likely to be $80 pbb by the end of the year. Expect more price rises on the back of that.

Well as I took one pay cut when the price dropped to $40 and another when it hit $25, the bastards had better be thinking about bumping my wages back up soon... but I doubt it.

 

[ravydavygravy]

HA'WAY THE OIL

Any investors on here? I can recommend a North Sea oil exploration company called Excite Energy the share ticker is XEL and I'm so confident that I've invested a house deposit and our kid's inheritance in this magnificent company.

Chad Griffin and Ian Morton of FTI Consulting LLP and FTI Consulting (BVI) Limited were appointed Joint Liquidators (the “Liquidators”) of Xcite Energy Limited (“XEL”) on 5 December 2016 by Order of the Eastern Caribbean Supreme Court in the High Court of Justice British Virgin Islands pursuant to Section 159(1) of the Insolvency Act, 2003.

For the avoidance of doubt Xcite Energy Resources plc (“XER”) is not subject to an insolvency process, it remains under the control of its board of directors.

The Liquidators of XEL are officers of the Court, their principal duties are to take possession of, protect and realise the assets of XEL, being its interests in XER, for the maximum value reasonably attainable.

RIP

 

[wash]

You must be so laid back, I bet you lie on the floor all day

No I don't spend all day on my back. There are mo4e important things in life to worry about

 

[Typhoonftm]

Gerrin. Haway the oil.

Haway the oil!

Somebody was always going to say it.

I knew I'd be beaten to it!

Correct.

More rigs are picking up work and are heading back out to work now. Which is good for the boys.

We've just picked up 2 big contracts.

 

[Boz33]

If oil prices go up does this mean we can expect the rumblings of the snp and wee jimmy on the warpath to freedom again

 

[Typhoonftm]

Haway the wind.

BOOOOOOOOOOOO!!!!!

 

[Weremuthe]

This government is the worst in living memory since er... whoops I'll start again. This government is the worst in living memory since Cameron & Osborne!

 

[Kevj]

BOOOOOOOOOOOO!!!!!

 

[Goldeneye]

80p a litre in VAT, duty and then VAT on top of the duty. Like everything else we are ripped off in this country.

 

[Baloo]

Hope autogas stays the same. It's canny filling a full tank on the van for £30.

First reply on Steve’s thread and it’s taking the piss. Not funny mate. No need to bring up Steve being scared of a white van. It’s just not cricket.

 

[steve30000]

80p a litre in VAT, duty and then VAT on top of the duty. Like everything else we are ripped off in this country.

Tax on top of tax, it's a joke but we put up with it cos we can't be arsed to complain about it properly.
If the whole nation said, that's it, you're taking the piss now, we're in charge so stop putting so much f***ing tax on..
Something might change.
Only time that has happened was when there were riots over the poll tax.

 

[Twisted]

I’m going for 3p, on the basis that we’ve had enough of experts.

are you seriously suggesting steve30000 is an expert?

 

[Deano]

It's the f***ing Express man! that probably means we should start shorting petrol

 

[yamar1]

It’ll be interesting to see what happens on the back of rigs, my bet is nothing, there’ll be some rants and that’s it....it’s not that long ago fuel went over £1 a litre, look at it now, really don’t know why people are surprised at this.

about ten years or so.