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Thread: No stopping oil price rise

  1. #1
    Respected Member Win2Win's Avatar
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    Post No stopping oil price rise

    Close this MANILA, Philippines--Energy Secretary Angelo Reyes called on the public Thursday to brace themselves for still higher fuel prices as world oil leapfrogged to record highs above $135 on runa...

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    Respected Member keithAngel's Avatar
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    I have already braced with diesel up 25p a litre in 6 months I have reduced my mileage by 30% and aim to further reduce it next year mostly by being in the philis


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    Administrator KeithD's Avatar
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    I've got the wife digging for oil in the back garden.......she's heading towards Saudi, got down about 4ft so far
    Keith - Administrator


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    Respected Member chino's Avatar
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    it cost me £72 to fill my car :(


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    Respected Member kimmi's Avatar
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    Quote Originally Posted by Win2Win View Post
    I've got the wife digging for oil in the back garden.......she's heading towards Saudi, got down about 4ft so far


    Quote Originally Posted by chino View Post
    it cost me £72 to fill my car :(
    same here Chino..


  6. #6
    Respected Member chino's Avatar
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    Quote Originally Posted by kimmi View Post




    same here Chino..
    What gets me is i have a limit of £70 on the fast pay but my car now holds more than that!


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    Its just a bubble that will burst after the USA driving season, same as in the 70's

    Pure speculation because of oil countries in Africa and venezula are unstable and Iraq

    Oil quotas by opec are showing declines in USA demand and in China so will fall soon, same old story really, the price will come down but I doubt to where is was a year ago, but it will


  8. #8
    Administrator KeithD's Avatar
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    No bursting bubble this time, it was for completely different reasons in the 70's. It may at some point drop to $100 but that'll be it, more than likely it'll keep climbing.

    The US/West uses more oil in the winter than the summer
    Keith - Administrator


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