Omega Owners Forum
Chat Area => General Discussion Area => Topic started by: SP_3.2 on 28 January 2009, 21:17:44
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PITA been keeping an eye on the price of petrol and it,s going up every day around Leicester at this rate it will be £1 + in the next week :( :( :(.
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yes mate. unfortunatley it is creeping up slowly again >:( >:(
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I noticed this yesterday, 99.9 ppl for diesel..... :(
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Thats thanks to this toss pot government lowering interest rates!
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1 oil companies and related ..... wont allow their profits drop for a long time..
2 dropping oil prices contrary to the nature of market unless a new fuel is on the horizon..
3 if you think there were serious wars just for that reason price
increase is inevitable..
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PITA been keeping an eye on the price of petrol and it,s going up every day around Leicester at this rate it will be £1 + in the next week :( :( :(.
I knew there was some benefit in buying a miggy with lpg ;D ;D :y
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Yes well, in the Uk the main driver is the ever weaker pound which is as a result of stupidly low interest rates.
Oil is bought and sold by the doller, the pound:dollar rate is piss poor and hence the fuel price rises.
Other goods will start to rise soon to including imported essentials!
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the companies,groups,cartels managing the oil market, is dominating worlds economy.. not simple as exchange rates or interest rates.. :-/
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example:
the main reason Japanese declared war to US in WW2 was oil embargo..
"The American oil embargo caused a crisis in Japan. Reliant on the US for 80% of its oil, the Japanese were forced to decide between withdrawaling from China, negotiating an end to the conflict, or going to war to obtain the needed resources elsewhere. "
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Thats thanks to this toss pot government lowering interest rates!
Yup.
<--------- Read my Avatar >:( >:( Useless Fex
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Up to and over a euro here now :'( :'(
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example:
the main reason Japanese declared war to US in WW2 was oil embargo..
"The American oil embargo caused a crisis in Japan. Reliant on the US for 80% of its oil, the Japanese were forced to decide between withdrawaling from China, negotiating an end to the conflict, or going to war to obtain the needed resources elsewhere. "
Kind of back fired though.
(http://img.photobucket.com/albums/v74/stuart30/GN0307-NUCLEAR-BLAST.jpg)
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Was Oil not an underlying factor with the start of WW1
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Still 85.9 @ Morries. Dunno if Tesco still do the 5p per litre off if you spend £50 instore. ::)
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example:
the main reason Japanese declared war to US in WW2 was oil embargo..
"The American oil embargo caused a crisis in Japan. Reliant on the US for 80% of its oil, the Japanese were forced to decide between withdrawaling from China, negotiating an end to the conflict, or going to war to obtain the needed resources elsewhere. "
Kind of back fired though.
(http://img.photobucket.com/albums/v74/stuart30/GN0307-NUCLEAR-BLAST.jpg)
Loving the piccie. :y
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Filled mine up for 83.9 when it started going up. That should last me for 6 months or so. ;D
Kevin
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yep i`ve noticed the price rising from 82.9 to 85.9 at sainsburys and some bp`s at 89.9...I was gonna fill up with ultimate this month and give the beemer a treat but i think its gonna have to put up with the russian crap..... :( Shell just announced profits of £22.2 billion...wtf
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I think the Japanese were supposed to have withdrawn from China - not atacked US ::)
At least it got the Americans properly into the war.
As to interest rates - my mortgage is plumeting
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Was Oil not an underlying factor with the start of WW1
definitely..
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I think the Japanese were supposed to have withdrawn from China - not atacked US ::)
At least it got the Americans properly into the war.
As to interest rates - my mortgage is plumeting
Again the reason for invasion was oil, coal and iron..
same today.. for all industrial countries to grow much bigger,
the first barrier they hit is the lack of those materials mostly..
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Thats thanks to this toss pot government lowering interest rates!
Don't hold back Mark :y
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he's right though.
The easiest thing for this bunch of pricks to have dome was to give the banks the bail out, on the condition that they forced sale of mortages.
In that way, banks got their securities back, the government had the means to recoup the interest on it's bail out, and as far as kickstarting lending goes, then the banks having no longterm securities to trade would be more than willing to get on their knees and stroke your balls in order for you to move your mortgage to them once more.
An over simplified view i'm sure but surely it's better than just 'giving' the banks money and expecting them to go back to the good old days of 'how much?, oh don't worry about your credit rating, there ya go, sign there' :(
The fact that the credit industry self regulates is also a joke anyway.
Even if the government had achieved it's goal, and the banks leant again, those poor buggers who missed payments or couldn't pay due to redundency are screwed by defaults anyway.
but I'm going off topic here... as far as petrol goes, of course it will, and I bet at some point the petroleum companies will start to bleat about needing a bail out too >:(
If the fat waste of a good skin wants to pay my mortgage off, i'll go and start spending too >:(
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Yes well, in the Uk the main driver is the ever weaker pound which is as a result of stupidly low interest rates.
Oil is bought and sold by the doller, the pound:dollar rate is piss poor and hence the fuel price rises.
Other goods will start to rise soon to including imported essentials!
Could well go lower still.......virtually 0%.....in the USA...... :y
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Dunno if Tesco still do the 5p per litre off if you spend £50 instore. ::)
Not any more :(
Can you please tell my why BP petrol is ca 4-5p more expensive than Shell and others? Checked in Basingstoke and all the way along to Manchester....
But anyway - prices are going up again when all this dust from "credit crunch" falls down. Companies like Shell BP, Texaco... are making stupid money on petrol...milions of pounds of profit every day.
Now when I got back to Omega, I have to think about LPG conversion again.