J1M
Member
Registered: 25th Nov 05
Location: Milton Keynes. Drives: 1.6 8v T40'd Nova
User status: Offline
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The best bit is, this is all thanks to George dubbya picking fights with Iran...I really, really, really detest this man...sorry, man is too kind, I'd call him a chimp, but that's offensive to chimps...he's just a c**t, simple as!
Jim
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ed
Member
Registered: 10th Sep 03
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However, the world relys on political instability in the middle east, otherwise oil would be much more expensive than it already is.
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Cybermonkey
Member
Registered: 22nd Sep 02
Location: Sydney, Australia
User status: Offline
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quote:
Originally posted by SVM 286
quote:
Originally posted by Cybermonkey
knock sensor will adjust timing accordingly in fuel injected cars. all new australian fast sedans like the 6.0 V8 HSV's or the turbocharged S6 Falcons love the stuff. they are very clever
I love Australian cars. 
They're like American cars but with more character/soul.
Mad Max is a good example of how cool Aussie cars can be.
They're like the ideal English car, crossed with the ideal American car, and then made practical.
Then they supply them with cheap 101 RON fuel.  My idea of heaven. 
someone understands me
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Cybermonkey
Member
Registered: 22nd Sep 02
Location: Sydney, Australia
User status: Offline
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270 is a figure in kW by the way  and 580NM torque
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stuartmitchell
Member
Registered: 24th Apr 04
Location: Kirkliston, Edinburgh
User status: Offline
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quote:
Originally posted by ed
quote:
Originally posted by aritchie
thing is the government is getting more tax as they take a % so the more the raw material (oil) goes up so does what they take!! It makes me so angry im sure we will be paing 1.10 a litre by the end of August
Yea and in 20 years you will be paying £10 per litre. The price of oil is only going to go up. I still don't see why people aren't taking this problem seriously. One day oil will be sold at $200 per barrel.
This is not so far away 
Basic demand and supply
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dna23
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Registered: 1st Nov 04
Location: Northamptonshire
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Ok... basically the price per barrel is gonna keep on going up this year. Its simple economics, supply and demand. It's never really going to go back down in the near future.
The reason we pay more than most other countries for our petrol is the tax. As it's a percentage of the underlying price (ie the barrel of oil) as the price of oil goes up, the amount of tax (not percentage, the absolute amount in pence) goes up as well.
What will happen eventually is that oil may nudge $100 this year depending on events in mid east and the BRIC economies (Brazil, Russia, India and China).
As a result, petrol price will go up. What will happen then is that people will come out in masses protesting (like the lorry drivers a few years ago), and there will be an economic slowdown in the UK especially (because people have to spend more of their disposable income on fuel - they have less to spend on clothes, restaurants etc). All prices go up (as you need to transport your products around the country and internationally, it is getting more expensive to do this so the price has to be passed onto the consumer) so you get inflation without growth - which is very bad. It'll be bad for the economy and Gordon Brown will be forced to cut taxes, if only temporarily.
This means that realistically I don't really see how petrol could go above £1.10 without a crisis. Brown will be forced to step in. That said it might never reach that. Your mate who said that oil will hit $200 is wrong - they won't let it get that high that's global meltdown if that happens! The IEA has 4 billion barrels in reserve which they can release to absorb a supply shock, this will be used to stabilise world oil prices. If they are forced to step in, these reserves only last so long, so they'll blow the f*ck out of Iran and try to get the oil pumping again. I believe Iran currently produce about 5% of global demand, so the situation is not catastrophic, but does need to be monitored closely.
[Edited on 21-04-2006 by dna23]
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Cybermonkey
Member
Registered: 22nd Sep 02
Location: Sydney, Australia
User status: Offline
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quote:
Originally posted by dna23
Ok... basically the price per barrel is gonna keep on going up this
year. Its simple economics, supply and demand. It's never really going to
go back down in the near future.
The reason we pay more than most other countries for our petrol is the tax.
As it's a percentage of the underlying price (ie the barrel of oil) as the
price of oil goes up, the amount of tax (not percentage, the absolute
amount in pence) goes up as well.
What will happen eventually is that oil may nudge $100 this year depending
on events in mid east and the BRIC economies (Brazil, Russia, India and
China).
As a result, petrol price will go up. What will happen then is that people
will come out in masses protesting (like the lorry drivers a few years
ago), and there will be an economic slowdown in the UK especially (because
people have to spend more of their disposable income on fuel - they have
less to spend on clothes, restaurants etc). All prices go up (as you need
to transport your products around the country and internationally, it is
getting more expensive to do this so the price has to be passed onto the
consumer) so you get inflation without growth - which is very bad. It'll be
bad for the economy and Gordon Brown will be forced to cut taxes, if only
temporarily.
This means that realistically I don't really see how petrol could go above
£1.10 without a crisis. Brown will be forced to step in. That said it might
never reach that. Your mate who said that oil will hit $200 is wrong - they
won't let it get that high that's global meltdown if that happens! The IEA
has 4 billion barrels in reserve which they can release to absorb a supply
shock, this will be used to stabilise world oil prices. If they are forced
to step in, these reserves only last so long, so they'll blow the f*ck out
of Iran and try to get the oil pumping again. I believe Iran currently
produce about 5% of global demand, so the situation is not catastrophic,
but does need to be monitored closely.
thats all hypothectical BS. and also the IEA has fuck all influence in oil stocks. 55% is controlled by OPEC, not the IEA. and 4bbarrels isnt a great deal when we are talking about supplies for the next 100 years. Iran is the 4th biggest oil producer in the world, and its not a case of "blowing the fuck out of them" as you so eloquently put it. Has it helped doing this to Iraq? not in the slightest since demand is far outweighing supply at this current point in time. Iraq currently has the largest reserves of readily available oil to tap from. Australia has the greatest hypothetical oil reserves in the world. there is literally 50% of all oil supplies sitting under this great country right now. but we dont want to ruin out beautiful countryside
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SVM 286
Member
Registered: 13th Feb 05
Location: pain
User status: Offline
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quote:
Originally posted by Eckmcmann
broke my heart handing over £15 for 15 litres for normal unleaded at a motorway bp
Diabolical. You have my sympathies Mr. E.
That is one of those bad crossover points in a man's life.
Like getting stopped by the police for the first time.
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dna23
Member
Registered: 1st Nov 04
Location: Northamptonshire
User status: Offline
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I was talking about the IEA reserve - not their influence on production. And do you
honestly think there'll be any oil left in 100 years? Rate we're going I
don't think so.
Of course what's gone on in Iraq hasn't made it any better - but that's mainly cos the yanks have f*cked up so much.
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mwg
Member
Registered: 19th Feb 04
Location: South Lakes
User status: Offline
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http://www.hsv.com.au/cars/vz/wallpapers/clubsport_800.jpg
that is the sex 
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Steve
Premium Member
Registered: 30th Mar 02
Location: Worcestershire Drives: Defender
User status: Offline
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they are finding new ways of extracting oil from rock and soil compounds in america, where the oil is trapped, they have foudn ways of extracting this, this holds many many more years supply of oil
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SVM 286
Member
Registered: 13th Feb 05
Location: pain
User status: Offline
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quote:
Originally posted by Cybermonkey
quote:
Originally posted by SVM 286
quote:
Originally posted by Cybermonkey
knock sensor will adjust timing accordingly in fuel injected cars. all new australian fast sedans like the 6.0 V8 HSV's or the turbocharged S6 Falcons love the stuff. they are very clever
I love Australian cars.
They're like American cars but with more character/soul.
Mad Max is a good example of how cool Aussie cars can be.
They're like the ideal English car, crossed with the ideal American car, and then made practical.
Then they supply them with cheap 101 RON fuel. My idea of heaven.
someone understands me
This is why I bought the Zed CM.
It's the closest thing we are ever likely to have to a home grown muscle car, and it won't happen EVER again.
Glad I got in when the going was good.
She will have the oomph she deserves in about 4 & 1/2 years after she's paid for and I've got the dough to get a blower fitted.
For now, she's just 'nice'
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Marc
Member
Registered: 11th Aug 02
Location: York
User status: Offline
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I'd say the 400bhp Jag qualified as a muscle car!
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Cybermonkey
Member
Registered: 22nd Sep 02
Location: Sydney, Australia
User status: Offline
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yes it was an excellent choice you made! home grown aussie cars have a kind of special place in my heart . like walked out of work today and a clubbie left the car park in a colud of tyre smoke, diabolical behaviour but made the hairs on my neck stand up its that raw american muscle sound coming through the smoke, then you see that red beauty rush through. mazin
I went in a mates supercharged monaro a few months back, it scared the bejesus out of me its just totally brutal and unpractical, but such a rush.
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Cybermonkey
Member
Registered: 22nd Sep 02
Location: Sydney, Australia
User status: Offline
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quote:
Originally posted by Flat4
I'd say the 400bhp Jag qualified as a muscle car!
its not a muscle car without an American and IMO Australian powerplant
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SVM 286
Member
Registered: 13th Feb 05
Location: pain
User status: Offline
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Not realy F4.
Lovely car, but doesn't fit the premise.
Too highbrow and far far far too expensive.
The very nature of a muscle car is to take a normal everyday run of the mill production saloon or 2 door sedan and fit a hooning great V8 in it.
This is what the Yanks used to do all the time. The Australians are renowned for it and (shock/surprise/awe) MG Rover did it with the ZT.
Irrespective of power output, Jaguars are executive cruisers for rich men.
The very point of a Muscle car is to be raw, rough edged, but affordable, powerful, fun to drive transport for the ordinary bloke in the street.
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1.0l12vbadboy
Member
Registered: 17th Nov 03
Location: Keighley, West Yorkshire
User status: Offline
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FREE FOR ME I HAVE A FULE CARD PAYED FOR BY WORK YEEEEEEEEEEE!!!!!!
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Meat-Pie-SRI
Member
Registered: 10th Apr 02
Location: Berkhamsted, Drives Mk4 R32
User status: Offline
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quote:
Originally posted by Dean_W
Paid 102.9p for Optimax yesterday. 
Same here
Can't wait to get my golf back, 15 mpg
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