That's very true MikeAbout time, the people who work in this line of industry need their jobs.
We don't mind paying a bit more for petrol
As then Alan gets to keep in work
That's very true MikeAbout time, the people who work in this line of industry need their jobs.
AS much as that Mark, that will be an increaseOh no, the m will only come out once a year now!
Not forgetting the 8 trillion barrels in the South Atlantic (Falklands) oursHi Grumpy, I do agree with us being ripped off but how is it that the USA have oil reserves under Yellow Stone Park (Montana) enough to supply the world ( or so it's estimated) for hundreds of years yet they still meddle in Arad affairs making it difficult for the rest of us to strike decent arrangements, I'm thinking maybe the good old USA are saving it for a rainy day when the rest of us actually can't afford to buy it anywhere. Don't get me wrong, I don't blame them but makes me wonder why they hide behind the old excuse of, "it can't be drilled for in a conservation area." Well I'm now thinking the jocks may just be thinking the same and although we helped get North sea oil out we'll be clobbered there as well if they go independent, after all what ever happened to the promise of cheap petrol/fuel when it was first discovered, we never saw that did we, the oil industry are running scared of the alternative power lobby and rightly so cos like everything else in this world it's all about the world economy not single countries any more save USA, China, maybe. Of course this is IMO only. Maybe I'm wrong, if so someone please put me right.
Rha, Roy.
You're forgetting the Golden Rule: The people with the gold make the rules. FrankieHi Grumpy, I do agree with us being ripped off but how is it that the USA have oil reserves under Yellow Stone Park (Montana) enough to supply the world ( or so it's estimated) for hundreds of years yet they still meddle in Arad affairs making it difficult for the rest of us to strike decent arrangements, I'm thinking maybe the good old USA are saving it for a rainy day when the rest of us actually can't afford to buy it anywhere. Don't get me wrong, I don't blame them but makes me wonder why they hide behind the old excuse of, "it can't be drilled for in a conservation area." Well I'm now thinking the jocks may just be thinking the same and although we helped get North sea oil out we'll be clobbered there as well if they go independent, after all what ever happened to the promise of cheap petrol/fuel when it was first discovered, we never saw that did we, the oil industry are running scared of the alternative power lobby and rightly so cos like everything else in this world it's all about the world economy not single countries any more save USA, China, maybe. Of course this is IMO only. Maybe I'm wrong, if so someone please put me right.
Rha, Roy.
A bit confusing for me. The oil companies have to charge a certain amount to extract the crude and then refine it. Anything above that is profit. When the price of oil went up, people had to drive less or just pay the higher price. When these profits shot up, Exxon was reporting BILLIONS in profits PER QUARTER OF THE YEAR. Now the price is low. People are driving much more that ever because they can afford it now. The consumption has INCREASED. How can oil workers be losing their jobs with the INCREASED consumption? The BILLIONS in profits that were going to the oil companies are now staying in the pockets of the consumers allowing for increased spending due to greater disposable income. The only thing that has changed is the decreased profits of the oil companies. What a pity!!!!!!!!!!!!!!!!!!!! FrankieAbout time, the people who work in this line of industry need their jobs.
No one watching the past week’s oil price moves could be more smug than a Scottish unionist. As the price of Brent has plunged, many will be glad that Scotland did not decide to go it alone.Well I'm now thinking the jocks may just be thinking the same and although we helped get North sea oil out we'll be clobbered there as well if they go independent
Old news mate, country is in melt down, price of petrol has just gone up for the first time in 20 years.yes 1p a litre.
That is why Germany started a war.....It's like hearing of people having a wheel barrow full of worthless money just to by bread