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[SP_3.2]

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 .  

[kris9128]

yes mate. unfortunatley it is creeping up slowly again

[Vamps]

I noticed this yesterday, 99.9 ppl for diesel.....

[Marks DTM Calib]

Thats thanks to this toss pot government lowering interest rates!

[cem_devecioglu]

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..

[Woodfull]

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  

[Marks DTM Calib]

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!

[cem_devecioglu]

the companies,groups,cartels managing the oil market, is dominating worlds economy.. not simple as  exchange rates or interest rates.. :-/

[cem_devecioglu]

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. "

[waspy]

Thats thanks to this toss pot government lowering interest rates!

Yup.
<--------- Read my Avatar Useless Fex

[Omega man 2]

Up to and over a euro here now

[stuart30]

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.

[Vamps]

Was Oil not an underlying factor with the start of WW1

[amigov6]

Still 85.9 @ Morries. Dunno if Tesco still do the 5p per litre off if you spend £50 instore.

[amigov6]

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.

Loving the piccie.