Oil below $50 a barrel

[Silver993tt]

Actually, below $49 a barrel:

http://news.bbc.co.uk/1/hi/business/7739352.stm

[GTIR]

Oh dear, that means there a big hole in the govts coffers and they based next years budget on the revenue on oil.

Out of pocket some 10bn in tax, just coz of the oil price drop.

[eldritch]

how much was petrol at the pumps last time it was that price?

[Bernie-the-bolt]

I was just reading that and was wondering what the cost of fuel was in 2005 when oil was a similar price

[Bill Carr]

Break out the V8s!!!

[Silver993tt]

Even with the US $ gaining 25% since August, there is no excuse for the price at the pumps since the price per barrel has dropped by 60% since July.

[MrVelox]

Petrol prices in much of America haven't been this low for what must be 4+ years.

I love this.. time to start piling the miles on the M5 again!

[illmonkey]

Silver993tt said:

Even with the US $ gaining 25% since August, there is no excuse for the price at the pumps since the price per barrel has dropped by 60% since July.

Thought this was a different topic... woops

Edited by illmonkey on Thursday 20th November 15:02

[fatboy b]

Bill Carr said:

Break out the V8sV12s!!!

EFA

[Thinbo]

Bernie-the-bolt said:

I was just reading that and was wondering what the cost of fuel was in 2005 when oil was a similar price

http://www.speedlimit.org.uk/petrolprices.html

79.9p according to this link


edit to hyperlink webpage

Edited by Thinbo on Thursday 20th November 15:03

[GTIR]

Bill Carr said:

Break out the V8s!!!

Or a 1.6 BMW

[Bernie-the-bolt]

Thinbo said:

Bernie-the-bolt said:

I was just reading that and was wondering what the cost of fuel was in 2005 when oil was a similar price

http://www.speedlimit.org.uk/petrolprices.html

79.9p according to this link

Robbing fking bds

No more need be said

[Xaero]

Shame we can't buy them, store them, and sell when they are at a high price, oil would always be a good investment imo.

[GTIR]

Xaero said:

Shame we can't buy them, store them, and sell when they are at a high price, oil would always be a good investment imo.

Thats what they do now!

[randomman]

GTIR said:

Xaero said:

Shame we can't buy them, store them, and sell when they are at a high price, oil would always be a good investment imo.

Thats what they do now!

No we buy them and sell them back (in petrol) at higher prices BEFORE the market goes back up, or while its going down. Or when another billion is wasted when Brown opens his dumb f*** face with a 'plan'

Or when they feel like it.

Or when his rent boy puts prices up