cemetary Posted December 19, 2014 Report Posted December 19, 2014 What a shock when I saw the price at the pumps yesterday, looks like the bean counters will not have much off a xmas bonus this year. hope it keeps dropping fast. :emoticon-0136-giggle:
andy Burgess Posted December 19, 2014 Report Posted December 19, 2014 What a shock when I saw the price at the pumps yesterday, looks like the bean counters will not have much off a xmas bonus this year. hope it keeps dropping fast. :emoticon-0136-giggle: it was reduced to welcome back any workers that had been away working in the far east
greenlands Posted December 19, 2014 Report Posted December 19, 2014 Diesel £1:21 here in the land that time forgot.
geordie1234 Posted December 19, 2014 Report Posted December 19, 2014 It's amazing what they can do to the prices when they want to turn the screws on Russia....
dumyat Posted December 19, 2014 Report Posted December 19, 2014 long may it last. what are you bothering aboot andrew,yer push bike disnae use petrol
sob555 Posted December 19, 2014 Report Posted December 19, 2014 Diesel £1:21 here in the land that time forgot.aye diesel £1.29 here aswell
JohnQuinn Posted December 19, 2014 Report Posted December 19, 2014 It's amazing what they can do to the prices when they want to turn the screws on Russia.... Hit the nail on the head George.
OLDYELLOW Posted December 19, 2014 Report Posted December 19, 2014 Hopefully it will bring down the prices in the shops but I wouldn't hold yer breath they be whacking it up soon no doubt
VMS Posted December 19, 2014 Report Posted December 19, 2014 The fall in the price of crude could actually put us back into recession,see Sir Ian wood chairman of one ov Scotland's biggest oil company's is on record saying that they will now have to cut jobs within the group.Thank god Scotland remained part ov the UK ,could have been real problems ahead if we left based upon we were going to be so wealthy due to oil revenue. :emoticon-0138-thinking:
Guest stb- Posted December 19, 2014 Report Posted December 19, 2014 aparently the saudi countries can exstract oil and make a big proffit for $50 a barrel and want to drop the price to this . A friend who works for big oil company saying there worried half there jobs are going to go now as they are already talking about pulling out of anymore north sea exsploration now as it not viable below £80 a barell apparently as costs bring it it are much higher off shore . I see its averaging $62 a barrel today . Global benchmark crude oil prices have declined sharply this year on slower demand growth and rising supplies. The growth in demand for crude oil has slowed down significantly this year due to moderating economic growth in emerging markets, such as China and India, and a slower than anticipated economic recovery in the Euro-zone. In China, the rate of growth in demand for petroleum products has fallen to almost half of what it was a year ago. As a result, the International Energy Agency expects the growth in global oil demand this year to hit a 5-year low. It expects demand, which stood at around 91.7 million barrels per day last year, to increase by just around 0.7 million barrels per day this year. For next year, the agency expects demand growth to be a bit higher, around 0.9 million barrels per day, but still less than the growth in supply from non-OPEC countries, which is expected to be around 1.3 million barrels per day. The price of front-month Brent crude oil futures contract on the ICE has declined by more than 48% since hitting a short-term peak of $115/barrel in June this year and is currently trading around $59/barrel.
peter pandy Posted December 19, 2014 Report Posted December 19, 2014 Aye, and all the numpties are still saying it's Westminster's fault.
cemetary Posted December 19, 2014 Author Report Posted December 19, 2014 All the big company's are expecting a very large fall in 2015 for exploration,
geordie1234 Posted December 19, 2014 Report Posted December 19, 2014 Find this all very hard to believe the announced they have found more oil fields only weeks ago, they are simply trying to destroy the rouble and make putin squeel
cemetary Posted December 19, 2014 Author Report Posted December 19, 2014 Find this all very hard to believe the announced they have found more oil fields only weeks ago, they are simply trying to destroy the rouble and make putin squeel He wont squeal, he has to much power, its only the weak that squeal.
geordie1234 Posted December 19, 2014 Report Posted December 19, 2014 He wont squeal, he has to much power, its only the weak that squeal. He is already sht a brick.......... raising interest rates from 10% to 17% to stop the rouble crashing.......the only folk that will be hurt is the Russian people
dwh Posted December 19, 2014 Report Posted December 19, 2014 He is already sht a brick.......... raising interest rates from 10% to 17% to stop the rouble crashing.......the only folk that will be hurt is the Russian peoplethey filling there keks the people emptying shelves before the rates get that high they can't afford to buy foreign products
anglesey lofts Posted December 22, 2014 Report Posted December 22, 2014 but the pigeon couriers price wont go down.
jonl6280 Posted December 22, 2014 Report Posted December 22, 2014 its a good job the union stayed together!!
knoxjn Posted December 23, 2014 Report Posted December 23, 2014 yes you are right mate all quiet on the yes front now the oil was going to pay for everything
Roland Posted December 23, 2014 Report Posted December 23, 2014 Will rocket again after the election in May.
cemetary Posted December 23, 2014 Author Report Posted December 23, 2014 Will rocket again after the election in May. Hope it keeps on dropping until 2020 ^_^
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