Oil now at $95

[Silver993tt]

Looks like oil is heading south

http://news.bbc.co.uk/1/hi/business/7616980.stm

[Republik]

So why isn't the price lowering at the pumps?

[ab@]

Its gone up a penny here in the last 2 days!!

[zcacogp]

Yeah, and I think it'll get cheaper yet as well.

No chance of fuel to drop in price tho'. As has been discussed here before, they've got us by the balls.


Oli.

[timtime]

It is wrong and with the bunch of Eunuch's we have running this country, it is exaggerated. Its to good a backdoor tax earner while the price of fuel remains high. Couple that with the unequatable prices rises in Gas and Electric and the lack of backbone and the obvious, Gordon and his New Eunuch party have failed us by not imposing any form of restriction on what the power companies can do or even more amazingly forced some form of windfall tax.

Free market economy is one thing but free market profiterring on an essential is wrong.

[rhinochopig]

ab@ said:

Its gone up a penny here in the last 2 days!!

Probably because the petrol that you bought was made from oil that cost $120 a barrel. There is lag in the system.

[esselte]

rhinochopig said:

ab@ said:

Its gone up a penny here in the last 2 days!!

Probably because the petrol that you bought was made from oil that cost $120 a barrel. There is lag in the system.

But not a very big one when oil price goes up..

[Monki]

petrol went up here by a penny too. Funny how when prices drop it takes several weeks for us to see any, if any, change at the pumps but when the price of oil rises it shoots up immediately.

[Timmy35]

rhinochopig said:

ab@ said:

Its gone up a penny here in the last 2 days!!

Probably because the petrol that you bought was made from oil that cost $120 a barrel. There is lag in the system.

Now stop that this thread is for the paranoid and conspiracy theory obsessed among us, not those who have a grain of common sense. Go on off you go.

Now chaps, I heard that the oil companies are deliberately hiding all of the petrol under the ice caps to push prices upto £5 a litre, at which point they'll give it all to the Lizard men.

[rhinochopig]

Timmy35 said:

rhinochopig said:

ab@ said:

Its gone up a penny here in the last 2 days!!

Probably because the petrol that you bought was made from oil that cost $120 a barrel. There is lag in the system.

Now stop that this thread is for the paranoid and conspiracy theory obsessed among us, not those who have a grain of common sense. Go on off you go.

Now chaps, I heard that the oil companies are deliberately hiding all of the petrol under the ice caps to push prices upto £5 a litre, at which point they'll give it all to the Lizard men.

Sorry

Ab@, the lizard men saw you pull up at the pump and immediately upped the price due to the fact they don't like you. I suspect you'll also find that your paid for 30l, but in actual fact you only ever received 23l.

[crossle]

rhinochopig said:

ab@ said:

Its gone up a penny here in the last 2 days!!

Probably because the petrol that you bought was made from oil that cost $120 a barrel. There is lag in the system.

Crude price now back where it was in February 2008. How much were you paying for petrol back then? I know I can't remember!

[Silverbullet767]

Government in oil money making scheme shocker!!!

It will never drop, the country is now used to the price, and the masses will suck it up.

[Deva Link]

rhinochopig said:

ab@ said:

Its gone up a penny here in the last 2 days!!

Probably because the petrol that you bought was made from oil that cost $120 a barrel. There is lag in the system.

..plus don't forget the dollar has weakened over 10% against the pound in the last few weeks.

[Swilly]

Why is anyone suprised at all that when oil is on th up, pump prices follow suit quickly, but when oil prices are on the down, pump prices follow lazely !?

Are you thick or something ?

[N1CK]

its because the oil suppliers reduce production when the price per barrel drops, causing it to increase in price, then they increase production again to cash in.

Bunch of theiving twunts, Trading standards never heard of them......

[CooperS]

what was the price at the pump when oil was at $95 a barrell?

[N1CK]

crossle said:

rhinochopig said:

ab@ said:

Its gone up a penny here in the last 2 days!!

Probably because the petrol that you bought was made from oil that cost $120 a barrel. There is lag in the system.

Crude price now back where it was in February 2008. How much were you paying for petrol back then? I know I can't remember!

let me check my pie chart

[joscal]

What really get's me is why isn't it splashed all over the newspapers and television?? When the price was high it's all we heard now it's lowering not a mention, it obviously isn't a catastrophe anymore...

[Silver993tt]

joscal said:

What really get's me is why isn't it splashed all over the newspapers and television?? When the price was high it's all we heard now it's lowering not a mention, it obviously isn't a catastrophe anymore...

exactly

[Oakey]

crossle said:

rhinochopig said:

ab@ said:

Its gone up a penny here in the last 2 days!!

Probably because the petrol that you bought was made from oil that cost $120 a barrel. There is lag in the system.

Crude price now back where it was in February 2008. How much were you paying for petrol back then? I know I can't remember!

I think it was around £1 a litre back then, when I go out to the car I'll dig out some receipts.