[Archived] Fuel

[cletus]

Intersting fact i heard on the radio yesterday.....

Although the price of crude oil yo-yo`s up & down depending on demand & world markets, the price at the pump does not reflect it. When oil prices drop, the price we pay at the pump doesn`t drop as quickly & tends to keep its inflated price. Funny that eh?

At work the other week, i worked out if i didn`t have a car i`d save myself nearly £5000 per year in fuel, tax, insurance, maintenance & payments.

[ABBEY]

EDITED - Lets not make allegations you cannot prove.

cant prove??? its very very factual actually it was photographed in the paper with a sign up.

[thenodrog]

Intersting fact i heard on the radio yesterday.....

Although the price of crude oil yo-yo`s up & down depending on demand & world markets, the price at the pump does not reflect it. When oil prices drop, the price we pay at the pump doesn`t drop as quickly & tends to keep its inflated price. Funny that eh?

At work the other week, i worked out if i didn`t have a car i`d save myself nearly £5000 per year in fuel, tax, insurance, maintenance & payments.

I've been reckoning that up too cletus. In my case its close to 10K!

[jim mk2]

At work the other week, i worked out if i didn`t have a car i`d save myself nearly £5000 per year in fuel, tax, insurance, maintenance & payments.

Cheap : mine's more like £12,000 plus the cost of replacing it out of tax income every few years.

Memo : get yourself a company car funded by other taxpayers.

[AlanK]

Sun still getting to you Jim?

[thenodrog]

Sun still getting to you Jim?

He really needs updating on that issue. Times have changed since his day..... but I really can't be arsed. In a perverse way I quite like watching the sad old git making a fool of himself.

[jim mk2]

Barton'd be bloody cheap and we cannot afford to be be choosy .

Don't need any lessons from you in making a fool of oneself Gordon !

[American]

Don't need any lessons from you in making a fool of oneself Gordon !

No, you don't need lessons. You do a good job of making a fool of yourself without any help.

[jim mk2]

I've been to Utah. Lots of wide empty spaces.

Like the gap between your ears

[American]

How did Dwight Yorke work out for us, Johnny?

[Eddie]

Since when have you lived in Provo?

[ABBEY]

it would cost me a lot if i didnt have my car ,especially if i had to go by train picking my kids up from the ex...blackburn to hoghton to rishon and then reverseed

[American]

Since when have you lived in Provo?

"temporary" work assignment since January. Was supposed to be done by March 31.

[philipl]

Goldman Sachs are actually projecting oil at $200 per barrel.

The pattern of oil prices rising at the moment is following a traditional commodity bubble. However, peak oil, decrepit infrastructure (years of cheap oil meant the oil cos never adequately reinvested in platforms and pipelines all of which are rusting like crazy), reserves in trouble spots and incompetent Soviet-style management of Gazprom are all realities which means few can say what a realistic non-bubble price is. Last year $30 was being hypothised as a natural price in a non-conflict world, today few commentators put the figure under $70.

My guess is that there is a premium in the price for the risks associated with the last six months of the Bush presidency. Oil prices will probably start to fall when President Obama is elected.

The current $135+ barrel has wrecked whatever economics there ever were for the airline industry. Putting it into perspective, for most airlines it means it is costing them about £5 ($9) per passenger per hour to fly more than it cost this time last year.

Oil is still cheap though.

Evian water is $240 per barrel and Budweiser is $389 per barrel.

[Flopsy]

So considering Budweiser is Water, their marketing arm deserves a bonus me thinks

[philipl]

Discuss or close when Fuel is reopened!

[jim mk2]

The current $135+ barrel has wrecked whatever economics there ever were for the airline industry. Putting it into perspective, for most airlines it means it is costing them about £5 ($9) per passenger per hour to fly more than it cost this time last year

And if airlines paid for VAT on fuel like every other industry most of them would fall out of the skies.

Bye bye budget airline industry but good news for the planet and good news for the disappearing English countryside and for those who live near ever-expanding airports.

[thenodrog]

And if airlines paid for VAT on fuel like every other industry most of them would fall out of the skies.

Bye bye budget airline industry but good news for the planet and good news for the disappearing English countryside and for those who live near ever-expanding airports.

Swings and roundabouts eh? But I've told you many times before, you need to think it through a bit further John. Why do you struggle so much with the concept? The English countryside is now likely to disappear even faster but soon under a blanket of yellow with wildlife decimated and the waterways polluted as set aside and country stewardship schemes are abandoned in favour of sq mile after sq mile of rapeseed and other bio fuel producing crops.

Bye bye airlines ..... Hello tractors! Better wrap up nice and warm ...Oakdale is going to become a much colder place next winter.

btw moving forward even further a subject which will be close to your heart...... imo in time cremations will become a thing of the past on cost and environment issues, the environment agencies will rightly ban all burials and human remains will be disposed of (as animal remains in the form of M&B meal are now) as part fuel source for our power stations. See whoever said you were a useless old git was way wrong eh?

[philipl]

Actualy its bye bye Alitalia and some budget airlines. Ferrovial are in deep dodo with their BAA acquistion as well.

Other budget airlines are already the most profitable in the industry.

As a rule of thumb, look at all airline accounts for last year and worsen margins by 6%. Ryanair drop from 22% to 16% bottom line, BA and easyJet drop from 12% to 6%.

Alitalia and quite a few budget carriers drop out of the sky.

[thenodrog]

Actualy its bye bye Alitalia and some budget airlines. Ferrovial are in deep dodo with their BAA acquistion as well.

Other budget airlines are already the most profitable in the industry.

As a rule of thumb, look at all airline accounts for last year and worsen margins by 6%. Ryanair drop from 22% to 16% bottom line, BA and easyJet drop from 12% to 6%.

Alitalia and quite a few budget carriers drop out of the sky.

But on the plus side..... At least the lovely old capitals of Europe will soon be spared the abominable British stag and hen parties.

[Flopsy]

oops - locking wasnt intentional, I blame the Government

[thenodrog]

oops - locking wasnt intentional, I blame the Government

I blame sticking punctuation keys Flopsy!

http://www.brfcs.co.uk/mb/index.php?s=&amp...st&p=610932

[Flopsy]

for once that wasn't the reason. Its Brown thrashing around trying to divert attention from getting a battering in Crewe

[Blackpool_Rover]

For a comparison....in the Czech republic fuel is rising every week and is currently at 34kc per litre...which is just over a quid. Consider that the average wage here is 500 pounds per month and you can see the problem. Its killing everybody.

As for flights, it has cost me 180 quid to fly to Manchester this weekend....8 months ago it would cost me no more than 80. And its the same for all flight prices that i can see. Cheapest seems to be around 130 quid return wheras last year you could get 60 quid return if you booked early.

[RibbleValleyRover]

Alistair Darling pressured to scrap fuel duty rise