OIL $110 a Barrell!!!!!!!!!!!!!!

tresrikay

Guest
Heard on the news this morning that oil has hit a new time high of $110 a barrel, this time last year it was $61 a barrel. Now the production, refining costs are the same as this time last year soooooooooo who is it or what is it that is hiking up the price so outrageously............ I hope we will not stir up any rabid ranting on this but I personally dont see how this can be the fault of our government, or the fault of the average Indian or Chinese worker. I know that when demand pressures supply as it is now, that prices rise as is the case with wheat and I don't here us ranting about the Indians or Chinese on that one, even though it is the same cause and the same effect, or for that matter us blaming Brown on that one.........It is obvious to me the people that are responsible in both cases are the market speculators and the producers....... They see the Milch cow or the golden goose and wring both to stuff their coffers. The consequence as always is that those least able to pay are those that suffer the most, I cant see that a speculator hopping in to his Maserati will be too concerned if his fuel reaches £2.00 a litre or his loaf £2.50, sums so piddling to the recently added millions as to be of no concern.:(
 
What i can't understand is how disel is more exspensive the petrol as it takes less processing than petrol and therefore should be less dosh to buy:confused:
 
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What i can't understand is how disel is more exspensive the petrol as it takes less processing than petrol and therefore should be less dosh to buy:confused:

As it is in every other nation of Europe, Diesel is the more environmentally friendly fuel and the governments in Europe recognise this. If I remember the crooks and villains that run the Oil cartels at first said Diesel was rising because of a shortage of processing facilities, that it was temporary and would be back below petrol soon ( they then released some pink flying pigs from there H.Q and took the sugar plum fairy out for a meal) Where I live diesel is now .6p above petrol. I wouldn't believe those lying, thieving, unprincipled scumbags, if they told me night followed day.:mad:
 
Even the Kuwait oil minister has said the true cost should be nearer $60-$70 dollars a barrel,, OPEC say they will not produce more oil and are not meeting till September so thats written in stone so its ALL down to speculators, the prices being bid on now is for oil thats still in the ground, they call it 'futures' and its an easy bet as they don't need to pay for it yet they just issue 'papers'. The problem is that given the whole world is heading for recession and the prices they were hoping to achieve cann't be realised unless China and India keep taking the oil and minerals but this morning alarm bells have been rung as Chinas manufacturing output HALVED last Month. With luck these traders will catch a big cold (but its not their money they're spending anyway) and the price might start to come back to where it should be, but there's always going to be an excuse why it doesn't come down at the pumps, by the way I'm in Spain where derv used to be cheap, best diesel was E1.26 here yesterday, THANKYOU GEORGE BUSH AND BLAIR FOR STARTING THE BLOODY WAR!!!
 
What i can't understand is how disel is more exspensive the petrol as it takes less processing than petrol and therefore should be less dosh to buy:confused:

Here, here, Trevor, definitely agree on that one, it just does not make sense. They say diesel polutes more than petrol - so they then see an oportunity to raise another stealth tax.
 
I have decided not to worry anymore about
the ever rising cost of deisel :eek:
If the price goes too high i will just downgrade
to a motorbike & sidecar with built in portaloo ;)
buy myself a big bell tent (green) :D
and dib dib! dob dob! :D
ging gang goolly goolly watcha! ging gang goo!!!!!! :D
now where the heck did I put my woggle? :confused: :confused:
 
Diesel emits more particulates than petrol, and petrol is worse on other compounds. But I don't think the relative price has anything to do with pollution. It's more to do with raising revenue. Duty used to be lower, but they realised many diesel users were essential commercial users, so they could afford to hike up the duty and still get the same volume of sales to provide revenue.
 
Diesel emits more particulates than petrol, and petrol is worse on other compounds. But I don't think the relative price has anything to do with pollution. It's more to do with raising revenue. Duty used to be lower, but they realised many diesel users were essential commercial users, so they could afford to hike up the duty and still get the same volume of sales to provide revenue.

may be you would like to pay the increase for us as you seem to agree with the governments policy of taking more money off us all for our chosen pleasure
 
You'll have to be more practical than that :p

If you were in Gov, tell me how else you would raise the revenue to balance the books. Cut health spending/raise income tax/cut child benefit or education/raise VAT/cut pensions ? etc etc. Come up with something interesting and I might agree with you!
 
You'll have to be more practical than that :p

If you were in Gov, tell me how else you would raise the revenue to balance the books. Cut health spending/raise income tax/cut child benefit or education/raise VAT/cut pensions ? etc etc. Come up with something interesting and I might agree with you!

OH SORY I THOUGHT YOU WERE IN THE GOVERNMENT
 
You'll have to be more practical than that :p

If you were in Gov, tell me how else you would raise the revenue to balance the books. Cut health spending/raise income tax/cut child benefit or education/raise VAT/cut pensions ? etc etc. Come up with something interesting and I might agree with you!

maybe if we stopped fighting other peoples wars,
then we would have billions extra in the pot
and could afford to ease up on taxes
oh! i forgot,
we had to! cos sadam had weapons of mass destruction,
ready to deploy in 45 minutes :confused: :confused: :confused:
 
What i can't understand is how disel is more exspensive the petrol as it takes less processing than petrol and therefore should be less dosh to buy:confused:
Surprised ? :confused:
Here in Belgium we pay diesel: 1.1€/l, petrol 1.4€/l. Most Belgians are dieselers (of course). Government here will do something about it: compulsary fine-dust-filter in 2012 on diesels (only 1000€). Smog alarm fines: 100€, cameras ...x€ :mad:
(they had last year 5.000.000.000 € taxes on fuel - and that for a small country of 10.000.000 people :eek:).
The grass is not greener overhere; we are (of madness) :mad:
 
Yep, I was dead against the War too :D

The party I voted for was the only one to oppose wasting lives and money on Bush's war (proves I wasn't in Government!)

I think the war is costing 3 billion a year or something. Now there's an actual suggestion: pull troops out of the middle east, and cut fuel duty; we're getting somewhere. I'm not sure how far 3 billion would go in duty cuts but it would be readily costable.
 
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All very interesting posts, my view is it's that it's another rat trap and we have been all trapped as we all need our transport for one reason or another, i feel sorry for those who have to travel a long distance to get to work some of who are suffering hardship already with the rising cost of living and the cost of keeping a vehicle on the road.
Seems that the British goverment dont care a hoot about thier own people not that they ever did looking back to the war times and how they treated the soldiers afterwards.
Are we as british a doomed nation all for greed and power IMHO i think definitely YES:mad:
 
All very interesting posts, my view is it's that it's another rat trap and we have been all trapped as we all need our transport for one reason or another, i feel sorry for those who have to travel a long distance to get to work some of who are suffering hardship already with the rising cost of living and the cost of keeping a vehicle on the road.
Seems that the British goverment dont care a hoot about thier own people not that they ever did looking back to the war times and how they treated the soldiers afterwards.
Are we as british a doomed nation all for greed and power IMHO i think definitely YES:mad:

yes i think we are
 
In answer

HI, In answer to firefox,Well the 1st thing I would do would be to cut benefits for all who have been on them for over 6 months. I would change the way job centers work, at the moment people just walk in sign on and very very few even look at the jobs on ofter, I would match the person to the JOB,s and if they don,t go to the interview, no money, if they go and balls it up, again no money.
Also at this time I would if in power look at the way things are done, at the take the dome in 2000 the costs just went up and up, the games at the moment doing the same, WHY. well you like me when we plan anything first look at one thing, whats the price and can we afford it, at the moment its just spend spend with no plan and never asking for a return on the money, the powers that be never get the best price because they don,t need to, they just rob the lotteries and in the case of the games tax Londoners more to make the short fall up which no ones what is because no accounts are ever made.I would stop aid to the 3rd world as this just supports endless warlords and does very little real good. i would try to kick start industry in this country and start making things that the world wants and just not import so much that we don,t really need, rubbish items from china like lead fillings, toys that break if played with, etc.
You just can,t deal with things by adding more tax on this and more on that, soon there will be money in peoples pockets and then we are all for it.
i would also make sure that companies who make most of their income from the UK do pay tax back into the system and not go off shore as tesco just did, if things are true that for each £10 spend by each of us £1 goes to Tesco then thats a lot of tax we as a county are losing, add that to the £25 million going to children of poles who are not even in this country and the £90 million overspend on the games, and the £70 million given to indian by TB and the £95 million he give to Pakistan, the £10 million on cut price food and drinks for the 100,s of MP,s and god knows how much we spend on EU MP,s and we are getting someplace, I could go on, But you know that their are things that can be done, they just don,t want to do them, its easy to just keep taxing.
terry
 
In answer

hi, the armed forces of this country have always been put down on, even in 1588 after saving the country from the Spanish, the sailors had to remain on their ships in port dieing for want of food and drink, all this because the queen did not need them any more and did not want to pay them.
nothing is new, its just new to us.
terry
 
to cap it all

today they added 4 p on the price of a pint
partly to try to combat under age binge drinking what a joke they will only have to steal a little more to pay the extra 4 p
i thought it was against the law to drink under age in public so why do the cops just pore it away in front of them .
ARREST EM ALL ,,,,,,,,,,if we dont have enough police there is enough on the dole to fill more vacancies than they need and the cost to us would be aproximatly the same
terry
formerly terry&sue
 

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