willay
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apparently opec have been cutting down production of oil because they said they would back in September, but the oil price is still low, just below $50 infact. Futures market shows the price going above $50 in March but that is a future contract after all.
Maybe its all down to the current freezing temps we are getting in europe, when its colder we use more heating, alot of heating depends on oil, demand on oil normally means a slight price increase.
I dunno.
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Fro
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Registered: 20th Jun 06
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If you're doing fuck all milage why you getting angry about it, we're in a volatile state atm things are going to be going up and down. chiiiiiiiiiiiiiiiiil.
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pow
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Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
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$43 a barrel at the moment apparently...
I'm chilled. I'm chilled.
Argument with the missus last night and then this on the way home, I was fuming last night
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willay
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quote:
Oil prices likely to increase as offensive escalates
By Carola Hoyos in London
Published: January 5 2009 020 | Last updated: January 5 2009 020
Israel's escalating ground offensive inside the Gaza Strip is expected to push up oil prices further this week, writes Carola Hoyos in London.
Concern the conflict could disrupt supplies from the region was one of the factors cited by analysts who expect a modest rise of oil prices, which on Friday jumped $1.74, or 3.9 per cent, to settle at $46.34 a barrel.
An Iranian military commander called on Islamic countries to cut oil exports to Israel's supporters, the official Irna news agency said yesterday.
But Saudi Arabia, the biggest oil producer, and others are unlikely to heed the call and the oil and shipping industries have a history of keeping supplies flowing throughout the many recent conflicts in the region.
The voluntary oil production cutback agreed by Opec in Algeria last month could prove the bigger catalyst driving oil prices, analysts said.
Evidence the oil cartel is serious about reducing output in the hope of boosting prices has begun to materialise in the form of fewer cargoes leaving big producers' ports and higher prices to Saudi customers, Opec watchers said.
Meanwhile, the standoff between Russia and Ukraine, which has reduced gas supplies moving to Ukraine and some other countries in eastern Europe, also weighed on traders' minds.
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deano87
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Registered: 21st Oct 06
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All BP's have gone up around here.
Sainsbury's are going down.
Go figure.
I just think it's BP the robbing gits.
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willay
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or preparing for oil prices to hit again.
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pow
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Registered: 11th Sep 06
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I totally agree Deano, I'd never touch a BP station with a barge pole.
Thanks Will - as long as it doesn't hit $147 a barrel. I suppose the £ being very weak against the dollar doesn't help that much?
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Fro
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£ has gone up an ickle tiny bit, nothing to rave about though
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pow
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IMO topic is finished, I've asked the question and got the answer.
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willay
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quote: Originally posted by fro-dizzle
£ has gone up an ickle tiny bit, nothing to rave about though
heh wait for the rate cut today.
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Ojc
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Location: Reading: Drives : Clio 197
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quote: Originally posted by munk3yrac3r
The whole Gaza thing is a joke, if someone was firing rockets into my garden for a year or two hell yeah im gunna airstrike the fuckers. Might be more to it but the big picture is simple to understand. end lol
Someone firing rockets at people, do you know why they are firing rockets?
Let say that in 1948 some 6 million Muslims needed somewhere to live so America in it's infinate wisdom decides that Kent would be a good place to stick them how would you feel?
Probably the same way Muslims feel in Palastine when WE yes WE the British decided that we would just plonk the Jewish population on their doorstep.
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Fro
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True dat my friend.
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Ojc
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They are as bad as each other TBH but I know I would be pissed if I had someone come and take away my back garden just to house someone else.
If it was roles reversed and a powerful Muslim population that came along with powerful links to Russia and Russia's latest military hardware and then declares it needs someone where to live America would be going ape shit, it's only because there is a massive Jew presence in America that they defend them and allow them to go about their business without batting an eye lid.
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micra_pete
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Registered: 23rd Apr 03
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quote: Originally posted by munk3yrac3r
The whole Gaza thing is a joke, if someone was firing rockets into my garden for a year or two
I'd give them their garden back.
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pow
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Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
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I'd just rather let them get on with it tbh.
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gavin18787
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Registered: 22nd Feb 05
Location: Basildon, Essex
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It seems its only bp
The one at the end of my road has gone back to 101p for derv
but if you go five mins further to the total its still 95 odd pence
Drives supercharged Tec with torque
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Ojc
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quote: Originally posted by pow
I'd just rather let them get on with it tbh.
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Daimo B
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quote: Originally posted by Ojc
Let say that in 1948 some 6 million Muslims needed somewhere to live so America in it's infinate wisdom decides that Kent would be a good place to stick them how would you feel?
I'd say give me a rifle with a scope, and lets play the real points game.
1 for a male adult
5 for a female adult
10 for a sub 10 yo.
Let the games begin....
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Ojc
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So the same as what Palestinians are doing to the Israelis?
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Daimo B
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Registered: 20th Mar 00
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They are using rockets though.
I'll just sit in a bush. Or be like that war camp dude popping people off from his villa like on Schindlers list
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pow
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quote: Originally posted by gavin18787
It seems its only bp
The one at the end of my road has gone back to 101p for derv
but if you go five mins further to the total its still 95 odd pence
Sounds about right to here tbh.
Have seen this before though, they went back down again about 3 days after.
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gavin18787
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Registered: 22nd Feb 05
Location: Basildon, Essex
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Probably will especially here as a 1 min drive will save you 5p per litre I dont think people will be buying from them
I am a tesco's 99 ron man myself. Plus mother is a fan as she gets club points
Drives supercharged Tec with torque
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pow
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Shell FTW tbh
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deano87
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Registered: 21st Oct 06
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I filled up on Tescos standard. Seems to be running better. Probably just me being pedantic though.
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Jenko_Sport
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Registered: 25th May 06
Location: Stoke-on-Trent
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quote: Originally posted by deano87
I filled up on Tescos standard. Seems to be running better. Probably just me being pedantic though.
MPG?
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