Cheaper fuel

thescruff · Post by **thescruff** » Fri Oct 24, 2008 4:34 pm

HaHaHa

Opec have agreed to cut production to stop prices falling

No surprise there then

IDontBelieveIt · Post by **IDontBelieveIt** » Fri Oct 24, 2008 6:37 pm

It's worse than that Scruff ... and WE (the UK) gave our very high quality North Sea oil away for a song Now it's all gone and we are broke - managed by idiots? Yup they are called The British Government.

DougJones · Post by **DougJones** » Fri Oct 24, 2008 6:51 pm

What do you mean "managed by idiots" even somebody with only half their wits about them, would have done better than the shambles called a Government we've got

feva · Post by **feva** » Fri Oct 24, 2008 7:40 pm

notice how theres not loads of posts shouting there outrage? could it be that it wont shock any one anymore! 11 years of bullsh!t.

i like the way when it was high PM asked for more oil production to reduce the price, by they are quite now!

54aardvark · Post by **54aardvark** » Sat Oct 25, 2008 12:53 pm

Talk about price fixing. Any other business would have been hauled through the courts. The first sensible statement from the US for a very long time "open oil up and let the market decide on the price" the same as any other commodity.

Raf · Post by **Raf** » Mon Oct 27, 2008 12:40 pm

fair coment from the US but isnt opec oil traded in US dollars? so say we want a barrel of oil; we cannot exchange our £1 for $1.58 to buy it; instead we have to trade in US dollars and use the surplus to buy oil. this props up the US economy too....high prices can be good for them if they didnt use so much themselves. besides half of washington is made up of oil men.

alot of what happens at opec is decided by their biggest customer; USA. when the likes of Iraq wanted to open up their own oil bourse (probably on the advise of Russia) they got invaded.

i dont like the opec oil cartel guys (greedy & clueless) but it was nice to see that the cut in production was offset by a huge oil find in latin america.

they reckon fuel should drop to around 89.9p/ltr in the next few weeks; lets hope so as that would also reduce food bills & pretty much everything that gets transported.

EJJ150847 · Post by **EJJ150847** » Mon Oct 27, 2008 2:49 pm

Raf wrote:they reckon fuel should drop to around 89.9p/ltr in the next few weeks; lets hope so as that would also reduce food bills & pretty much everything that gets transported.

If it does this sh1t government will hike the tax up, they have held off on the rises so far.

John

Bludall · Post by **Bludall** » Mon Oct 27, 2008 3:41 pm

We pay 97p a litre for unleaded with a 5p litre money off at Tesco that's 92p. Getting better here.

EJJ150847 · Post by **EJJ150847** » Mon Oct 27, 2008 4:22 pm

My nearest Shell is about 0.5p/ litre cheaper than Tesco or Sainsburys, unless we get a money off voucher.

John

Raf · Post by **Raf** » Mon Oct 27, 2008 5:08 pm

yeah darling has already said the 2p tax that they suspended will be now added on; i think he said in april though; so a bit of time till then..... sometimes i think " do they do this on purpose?"