The price of crude oil on the world markets is now around $32US, the current exchange rate between the US dollar and GB pound is $1 = £0.68p. A barrel of crude oil is 159ltrs. So $32 x £0.68p = £21.76 and £21.76 ÷ 159ltrs = 0.14 pence per litre, both diesel and petrol at Asda's are now the same price 0.997 per ltr....... even if the refinery costs and profit margins take it to 20p per ltr the Government are raking in nearly 500% tax!! I thought that would cheer you up Thanks, Barney
Well forgetting how rich the Country is getting from my super un-economical and nonPC 4x4, Filled up at Morrisons yesterday
99.7 for Diesel! Woohoo, long may it continue. Now dig up Gatwick, Heathrow or anywhere else where we've got a secret stash of crude and bring the price down more. Govt can happily have 500% tax if I'm pay 50p a litre
Just checking my facts but you have to go back as far as May 2009 to see that kind of price. Clive
As it happens, extended flow tests consent has been granted at Horse Hill Developments Ltd on the 4th of January by the Oil and Gas Authority. These tests are now currently underway and are being carried out at 3 different locations around the Gatwick site. This is more or less the last tests and will provide a definitive answer as to whether the oil and gas can be extracted profitably. The results should be available within 3 months and the flow rate test is calculated over a 96hr time frame. If the results which can come in at anytime are anywhere near the predictions of last year, the UK economy will change overnight and the likes of the OPEC cartel will be a thing of the past..... Thanks, Barney
Wonder if people will turn there back gardens into drilling operations to get at it lolol
“Wonder if people will turn there back gardens into drilling operations to get at it lolol
” All sounds a little crude to me Angela My views & opinions are my own
Not even worth a groan Clive
i got it for 99.5 at Esso, diesel not petrol good on you Esso, GET a tiger in your tank
“Well forgetting how rich the Country is getting from my super un-economical and nonPC 4x4, Filled up at Morrisons yesterday
99.7 for Diesel! Woohoo, long may it continue. Now dig up Gatwick, Heathrow or anywhere else where we've got a secret stash of crude and bring the price down more. Govt can happily have 500% tax if I'm pay 50p a litre
Thanks, John connelly
What about put a Tiger in your Tank. On another old one, I love the new John Cleese specsavers simply class advert. Good on you writers
“Not even worth a groan
 The ban stick may come out though prohibiting further awful puns  ”
Thanks, John connelly |
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