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Author Topic: Oil price  (Read 705 times)

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Nickbat

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Oil price
« on: 04 November 2008, 11:36:06 »
Crude falls below $60/barrel!  :o :o :o

http://news.bbc.co.uk/1/hi/business/7707764.stm
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Dusty

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Re: Oil price
« Reply #1 on: 04 November 2008, 11:40:47 »
Pass it on. :P :P :P
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kris9128

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Re: Oil price
« Reply #2 on: 04 November 2008, 11:42:20 »
Quote
Crude falls below $60/barrel!  :o :o :o


yet fuel remains expensive  :-X :-X :-X
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hersham boy

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Re: Oil price
« Reply #3 on: 04 November 2008, 12:05:19 »
Quote
Quote
Crude falls below $60/barrel!  :o :o :o


yet fuel remains expensive  :-X :-X :-X

Thats because 60p ltr of the price is tax. The goverment get 60p ltr while the oil company's get around 35p they have to pay to run the forcourts and wages tankers ect and still make huge profits.. so how much does the goverment make... And guess who will pay for all the new borrowing and national debt.. you guess it the motorist. Expect around a 2/3p tax hike in the next few months.
« Last Edit: 04 November 2008, 12:07:29 by hersham_boy »
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Danny

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Re: Oil price
« Reply #4 on: 04 November 2008, 13:46:11 »
oil at $61.23 currently
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willyboy

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Re: Oil price
« Reply #5 on: 04 November 2008, 14:26:16 »
Yup Oil companies suck ! :y
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waspy

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Re: Oil price
« Reply #6 on: 04 November 2008, 14:49:14 »
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Yup Oil companies suck ! :y

No governments suck, especially this one >:(
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ians

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Re: Oil price
« Reply #7 on: 04 November 2008, 16:31:41 »
So it was about 60p tax +55p petrol = 115p/litre
Now its 60p tax + 35p petrol = 95p/litre

So 55p to 35p - its has come down 35% if you ignore the theiving barstewards cut.
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