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Author Topic: OIL PRICES  (Read 2340 times)

john m

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OIL PRICES
« on: May 17, 2018, 10:31:31 am »
The reason for the increase is nothing to do with supply the world is awash with oil the problem is there are not enough ships or pipelines to move it to the refineries but if they did the refineries are working at reduced capasity to force the price of Petrol and Diesel higher .1.32 last night for Diesel it was 1.21 less than 2 months ago .
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john m

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Re: OIL PRICES
« Reply #1 on: May 17, 2018, 11:39:06 am »
Brent Crude just hit 80 dollars a barrell for June Delivery another 4c on the Liter next month so 1.35 average for Diesel ........There goes all of the fare increase on fuel .
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The Liffey Lip

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Re: OIL PRICES
« Reply #2 on: May 22, 2018, 11:32:52 am »
Henry Kissinger eat your heart out.
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Offline silverbullet

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Re: OIL PRICES
« Reply #3 on: May 22, 2018, 11:28:18 pm »
Oil from shale is much cheaper to produce, and the government pick up the bill for the clean up operation afterwards.
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