fill up

darbs · Mar 9th, 2011, 22:25

http://www.petroleum-economist.com/d...8009&ISS=25757

Matteus XC60 · Mar 10th, 2011, 14:33

Quote:

Originally Posted by darb

http://www.petroleum-economist.com/d...8009&ISS=25757

Goldman Sachs were predicting Oil peices at $200 in 2008 as well. I wouldn't start panicking just yet...

darbs · Mar 10th, 2011, 20:12

Quote:

Originally Posted by Matteus XC60

Goldman Sachs were predicting Oil peices at $200 in 2008 as well. I wouldn't start panicking just yet...

no need to panic, but there might be a temporary price rise. the price per barrel did hit a peak in 2008 of close to $140. it's ~$115 today.

on the other hand, some forecasters think tomorrow will be a non-event.

wimorrison · Mar 10th, 2011, 20:48

Quote:

Originally Posted by darb

no need to panic, but there might be a temporary price rise. the price per barrel did hit a peak in 2008 of close to $140. it's ~$115 today.

on the other hand, some forecasters think tomorrow will be a non-event.

And when it hit the peak of $140 fuel hit £1.30 ltr yet we are at only $115 per barrel and already fuel is £1.38 ltr and going up daily ...

worrying

Dodgy77 · Mar 10th, 2011, 22:26

fuel prices are hiking up well fast over here in Aus also. local garages have it up to $1.45 a litre for that crappy 10% ethanol rubbish

95 or 98RON is at least 10c more expensive...

we are catching up to pommy prices

rkennedy · Mar 10th, 2011, 22:40

Quote:

Originally Posted by wimorrison

And when it hit the peak of $140 fuel hit £1.30 ltr yet we are at only $115 per barrel and already fuel is £1.38 ltr and going up daily ...

worrying

£1.419 per litre at my local filling station - and that's only 25 miles from the oil capital of Europe!!

darbs · Mar 10th, 2011, 23:43

it's started, and how events pan out tomorrow will have an impact on the barrel price. hopefully if there are issues they will be shortlived.

http://www.bbc.co.uk/news/world-middle-east-12708401

darbs · Mar 11th, 2011, 20:10

the only thing certain about the future is uncertainty

http://online.wsj.com/article/BT-CO-...11-709027.html

in a nutshell, japan's reduced refinery capacity and industrial output, balanced with the saudi kings threat to chop peoples fingers off for protesting has meant that demand for oil is anticipated to reduce globally and supply remain stable... for the moment.

it's very sad that so much human tragedy is what influences the prices at the pumps... that and the 70% tax.

Mar 9th, 2011, 22:25	#1
darbs XC60 Owner Last Online: Mar 21st, 2022 00:40 Join Date: Dec 2010 Location: London View Photos By: darbs	fill up http://www.petroleum-economist.com/d...8009&ISS=25757 __________________ 59 (MY10) XC60 D5 205 AWD Geartronic SE Lux 54 RX8 231ps Renesis ****el 96 Megane Coupe 2.0 82 Metro 1.0

Mar 10th, 2011, 23:43	#7
darbs XC60 Owner Last Online: Mar 21st, 2022 00:40 Join Date: Dec 2010 Location: London View Photos By: darbs	it's started, and how events pan out tomorrow will have an impact on the barrel price. hopefully if there are issues they will be shortlived. http://www.bbc.co.uk/news/world-middle-east-12708401 __________________ 59 (MY10) XC60 D5 205 AWD Geartronic SE Lux 54 RX8 231ps Renesis ****el 96 Megane Coupe 2.0 82 Metro 1.0

Mar 11th, 2011, 20:10	#8
darbs XC60 Owner Last Online: Mar 21st, 2022 00:40 Join Date: Dec 2010 Location: London View Photos By: darbs	the only thing certain about the future is uncertainty http://online.wsj.com/article/BT-CO-...11-709027.html in a nutshell, japan's reduced refinery capacity and industrial output, balanced with the saudi kings threat to chop peoples fingers off for protesting has meant that demand for oil is anticipated to reduce globally and supply remain stable... for the moment. it's very sad that so much human tragedy is what influences the prices at the pumps... that and the 70% tax. __________________ 59 (MY10) XC60 D5 205 AWD Geartronic SE Lux 54 RX8 231ps Renesis ****el 96 Megane Coupe 2.0 82 Metro 1.0

Mar 10th, 2011, 22:26	#5
Dodgy77 YAYAY Last Online: Aug 30th, 2013 05:26 Join Date: Sep 2010 Location: Wollongong	fuel prices are hiking up well fast over here in Aus also. local garages have it up to $1.45 a litre for that crappy 10% ethanol rubbish 95 or 98RON is at least 10c more expensive... we are catching up to pommy prices

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