Gypsydog94 4,328 Posted June 17, 2022 Report Share Posted June 17, 2022 4 minutes ago, W. Katchum said: See that makes much more sense than the oil sellers putting prices up to drive us to leccy Something like 48% is government tax Just call me a conspiracy theorist 1 Quote Link to post Share on other sites
Born Hunter 17,635 Posted June 17, 2022 Report Share Posted June 17, 2022 7 minutes ago, W. Katchum said: See that makes much more sense than the oil sellers putting prices up to drive us to leccy What I don't get is why the same bunch of loony toons that think covid was one massive conspiracy haven't cottoned on to the fact that covid was the economic cause of the oil price boom... It fits their theory perfectly. Objective: kill off oil. Step 1: develop an alternative to internal combustion/oil. Step 2: cause a global industry downturn (covid). Step 3: watch the industry dramatically reduce production by cutting staff and assets. Step 4: end the event that caused the downturn and watch demand return to normal with an industry that can't meet the demand, causing a massive price hike and consequently people to embrace the Step 1 alternative. Step 5: watch oil die. Quote Link to post Share on other sites
Greyman 25,222 Posted June 17, 2022 Report Share Posted June 17, 2022 3 minutes ago, Born Hunter said: What I don't get is why the same bunch of loony toons that think covid was one massive conspiracy haven't cottoned on to the fact that covid was the economic cause of the oil price boom... It fits their theory perfectly. Objective: kill off oil. Step 1: develop an alternative to internal combustion/oil. Step 2: cause a global industry downturn (covid). Step 3: watch the industry dramatically reduce production by cutting staff and assets. Step 4: end the event that caused the downturn and watch demand return to normal with an industry that can't meet the demand, causing a massive price hike and consequently people to embrace the Step 1 alternative. Step 5: watch oil die. God your such a conspiracy theorist 1 Quote Link to post Share on other sites
Born Hunter 17,635 Posted June 17, 2022 Report Share Posted June 17, 2022 Just now, Greyman said: God your such a conspiracy theorist Your side are are letting me down, so I'm having to argue both ends to keep it up! I'll provide a graph for you to use against me shortly. 3 Quote Link to post Share on other sites
Francie 6,362 Posted June 17, 2022 Report Share Posted June 17, 2022 4 minutes ago, W. Katchum said: Side note tho, just been to customers gaff an we was chatting an he was asking about my ole Audi, Cnut only got a brand spanker Audi etron or what ever it called, parked next to a Tesla, I asked him what he preferred an he laughed an said no comp in it, Audi wins hands down. So maybe if I can ever afford one them, I may go leccy haha but anyways point is, he had both plugged into a box outside his house, that can’t be cheap, my house is eating leccy like jist now The leccy for charging cars grows on trees katch lol that's what these climate change simpletons think anyway lol Quote Link to post Share on other sites
Born Hunter 17,635 Posted June 17, 2022 Report Share Posted June 17, 2022 Just now, W. Katchum said: Do you think the price will level out soon? I seriously doubt it will ever drop again as who in there right mind drops price when they still selling the goods. Hoping it levels out, if im totally honest if me an missus hadn’t went solo a while back and started charging customers for fuel an stuff then I don’t know if we wouldnt have been able to afford to work the jobs we did If I could predict markets I wouldn't be working for a living. I certainly wouldn't be on here entertaining the worlds lunatics! No one is controlling the oil price. Of course every oil company plans how much they want to produce to maximise their profits based on current and predicted market trends. So why don't they just all strangle production and keep the price up (controlling the price) I hear you ask... Because they're greedy capitalists that's why! They want to gain market share in a booming market so they want to produce more and sell more. The only reason they are not going hard to grow their companies and grow their production ability is because they are cautious of another downturn. If they borrowed a load of money to grab more market share than their competitors, rather than growing organically, then another downturn would f**k them and they'd be looking at chapter 11 bankruptcy. Eventually companies will grow and consequently supply will meet demand. Assuming nothing happens to affect that again. You're a farmer ain't you? Surely you're very familiar with market volatility? 1 Quote Link to post Share on other sites
Francie 6,362 Posted June 17, 2022 Report Share Posted June 17, 2022 As born saysthe markets are easily manipulated,none of these occurrences are a surprise,all planned. Quote Link to post Share on other sites
Born Hunter 17,635 Posted June 17, 2022 Report Share Posted June 17, 2022 11 minutes ago, W. Katchum said: fcuk my ole man used to work an provide for us all, now me an missus graft like fcuk an are not far off scraping by, feel real sorry for the worse off So do I. I've got no real financial worries, but then I pay the price for those life choices. But there's gonna be more people with serious financial problems and they are going to want someone to blame. Wide spread social hardship has historically led to extreme political earthquakes as the people feel the pinch and blindly demand a change. 2 Quote Link to post Share on other sites
Neobliviscaris1776 1,998 Posted June 17, 2022 Report Share Posted June 17, 2022 21 minutes ago, Born Hunter said: What I don't get is why the same bunch of loony toons that think covid was one massive conspiracy haven't cottoned on to the fact that covid was the economic cause of the oil price boom... It fits their theory perfectly. Objective: kill off oil. Step 1: develop an alternative to internal combustion/oil. Step 2: cause a global industry downturn (covid). Step 3: watch the industry dramatically reduce production by cutting staff and assets. Step 4: end the event that caused the downturn and watch demand return to normal with an industry that can't meet the demand, causing a massive price hike and consequently people to embrace the Step 1 alternative. Step 5: watch oil die. And just like that........Covid came along all by itself just at the right time! Pure crackers Quote Link to post Share on other sites
Born Hunter 17,635 Posted June 17, 2022 Report Share Posted June 17, 2022 4 minutes ago, Francie said: As born saysthe markets are easily manipulated,none of these occurrences are a surprise,all planned. Born did not say that. 1 2 Quote Link to post Share on other sites
Born Hunter 17,635 Posted June 17, 2022 Report Share Posted June 17, 2022 There is of course the fact that global demand for oil was growing pre covid anyway and showed no sign of stopping. Peak oil has been talked about for years and it is something to be treated with caution but nonetheless there is probably a finite reserve of oil and eventually it will just not be able to meet this forever growing demand. Conventional reserves dry up, then innovators find ways of extracting the unconventionals, and that cycle continues. But at some point there's no more to squeeze out.... Quote Link to post Share on other sites
king 11,664 Posted June 17, 2022 Report Share Posted June 17, 2022 9 hours ago, Daniel cain said: Get on it Bloody cctv everywhere shaun... Quote Link to post Share on other sites
king 11,664 Posted June 17, 2022 Report Share Posted June 17, 2022 7 hours ago, Gypsydog94 said: Would your company be able to claim the vat back? I wonder how many sites are having diggers drained now I'm not sure if they claim the vat back.. Surely a lot of plant is being emptied I would think mate.. 2ltr pop bottle full of diesel would cost £4..crazy prices.. Quote Link to post Share on other sites
sandymere 8,261 Posted June 18, 2022 Report Share Posted June 18, 2022 On 17/06/2022 at 13:41, Gypsydog94 said: Something like 48% is government tax Just call me a conspiracy theorist One of the taxes that isn't earnings linked so it hits those on lower incomes. In theory if they were to scrap fuel duty and increase tax on earnings by a couple of pence the lower earners would be a lot better off. Quote Link to post Share on other sites
chartpolski 20,408 Posted June 18, 2022 Report Share Posted June 18, 2022 In 2008 oil was $130 per barrel, petrol was £1:19 per litre. In 2022 oil is $130 per barrel, petrol is £1.90 per litre. Go figure........... Cheers. 1 Quote Link to post Share on other sites
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