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Oil prices will be getting higher.

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By (user no longer on site) OP   
over a year ago

Because of the war in saudi arabia, why are the west even starting a war the especially the usa? The best thing is to not of course to start one and let they live their lives there.

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By *ssex_tomMan
over a year ago

Chelmsford

Petrol dropping 3 pence a litre this weekend. World wholesale prices down

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By *mmabluTV/TS
over a year ago

upton wirral

Prices wil go up because of the warin Yemen.Nothing to do with Brexit ok

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By (user no longer on site)
over a year ago


"Petrol dropping 3 pence a litre this weekend. World wholesale prices down"

For now but as there has now been a major hit in the biggest oil refinery in the world expect it to be short lived

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By *heBirminghamWeekendMan
over a year ago

here

But if you do want an idea of how much higher fuel Prices will be due to brexit then just check out the motorway service areas prices compared to supermarket prices

I got teached that from reading it on here

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By (user no longer on site)
over a year ago


"But if you do want an idea of how much higher fuel Prices will be due to brexit then just check out the motorway service areas prices compared to supermarket prices

I got teached that from reading it on here

"

Nope

You seem to find it amusing because you failed to understand a comparison on difference in price and you tried to add to what I said in the hope of winning the point which made you look a bit daft really

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By *heBirminghamWeekendMan
over a year ago

here


"But if you do want an idea of how much higher fuel Prices will be due to brexit then just check out the motorway service areas prices compared to supermarket prices

I got teached that from reading it on here

Nope

You seem to find it amusing because you failed to understand a comparison on difference in price and you tried to add to what I said in the hope of winning the point which made you look a bit daft really

"

No points to win ... it was a light hearted joke at my expense ... but did reiterate what you said yesterday, “Then came the price difference example of supermarket fuel vs motorway services as an example of what the price differences may feel like.”

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By *abioMan
over a year ago

Newcastle and Gateshead


"Because of the war in saudi arabia, why are the west even starting a war the especially the usa? The best thing is to not of course to start one and let they live

their lives there."

this time its not the us..... the war in yemen is basically a proxy war between those allied to the saudi's and those allied to iran...

but yes... price will go up.... and because oil is priced in US dollars... it will hit the UK expandentially harder....

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By (user no longer on site) OP   
over a year ago


"Because of the war in saudi arabia, why are the west even starting a war the especially the usa? The best thing is to not of course to start one and let they live

their lives there.

this time its not the us..... the war in yemen is basically a proxy war between those allied to the saudi's and those allied to iran...

but yes... price will go up.... and because oil is priced in US dollars... it will hit the UK expandentially harder...."
I see yes and that is right cos we are so used to it is down to them, it yes sure will hit the uk with the £ to $ conversion.

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By *ssex_tomMan
over a year ago

Chelmsford

I won't buy water at motorway services or their overpriced food.. Rip off

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By *nglishdoodMan
over a year ago

Morristown

I read today there may be a slight jump in the oil price tomorrow (especially in Asia where most of Saudi oil is sold), but the market is well able to absorb production losses. There was a huge drop in supply lately from Iran and Venezuela and the market ignored it.

The issue of security for the rest of Saudi production could be an issue. I've worked at the refinery that was hit and I was gobsmacked that the Houthis in Yemen could reach out that far. Fortunately the majority of the rest of Saudi production facilities are much further away.

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By *abioMan
over a year ago

Newcastle and Gateshead


"I read today there may be a slight jump in the oil price tomorrow (especially in Asia where most of Saudi oil is sold), but the market is well able to absorb production losses. There was a huge drop in supply lately from Iran and Venezuela and the market ignored it.

The issue of security for the rest of Saudi production could be an issue. I've worked at the refinery that was hit and I was gobsmacked that the Houthis in Yemen could reach out that far. Fortunately the majority of the rest of Saudi production facilities are much further away. "

the "slight" jump ended up being 20% at one point.... but has come down to around 10% now.....

but yes... it will eventually feed thru to the pumps.....

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By *nglishdoodMan
over a year ago

Morristown


"I read today there may be a slight jump in the oil price tomorrow (especially in Asia where most of Saudi oil is sold), but the market is well able to absorb production losses. There was a huge drop in supply lately from Iran and Venezuela and the market ignored it.

The issue of security for the rest of Saudi production could be an issue. I've worked at the refinery that was hit and I was gobsmacked that the Houthis in Yemen could reach out that far. Fortunately the majority of the rest of Saudi production facilities are much further away.

the "slight" jump ended up being 20% at one point.... but has come down to around 10% now.....

but yes... it will eventually feed thru to the pumps....."

Agreed. Who needs experts eh?

If they manage to pin it on Iran and Trump gets to mobilise we'll have more to worry about than fuel prices. Good thing Bolton has gone.

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By *ara JTV/TS
over a year ago

Bristol East

Anyone else wonder if it is more than coincidence that Saudi takes a hit a day or two after Bolton gets his jitters? Pompeo is in Saudi today.

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By *ara JTV/TS
over a year ago

Bristol East

* jotters, not jitters

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By *lem-H-FandangoMan
over a year ago

salisbury

Can't wait until we're all running on electric, then they can all fuck off.

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By *andS66Couple
over a year ago

Derby

How long before they reach the $120 per barrel that the Scottish economy once independent was calculated on by the SNP?

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By (user no longer on site) OP   
over a year ago


"I read today there may be a slight jump in the oil price tomorrow (especially in Asia where most of Saudi oil is sold), but the market is well able to absorb production losses. There was a huge drop in supply lately from Iran and Venezuela and the market ignored it.

The issue of security for the rest of Saudi production could be an issue. I've worked at the refinery that was hit and I was gobsmacked that the Houthis in Yemen could reach out that far. Fortunately the majority of the rest of Saudi production facilities are much further away. "
That is good nothing happened as it didnt reach it and it is also good that they are further away

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By (user no longer on site) OP   
over a year ago

Here is an interesting thing, did you know that their oil supply could run out in 90 years time? I didnt know they could calculate it and as well know how much oil is left, here is how, they would last for 90 years at the current rate of production. 85% of Saudi oil fields found have not been extracted yet, the ghawar oil field is the largest oil field in the world, holding over 70 billion barrels (11×109 m3), ghawar is able to produce 5 million barrels per day (790×103 m3/d) of oil.

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By (user no longer on site)
over a year ago

Don’t worry shag most of it has to stay in the ground to prevent catastrophic climate change .We won’t run out of oil.

The Stone Age didn’t end because they ran out of stones.The age of oil won’t end because we ran out of oil.

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By *ophieslutTV/TS
over a year ago

Central

The UK experience is typically that retail prices increase far more readily than they decrease, so it's realistic to expect pump price rises, if this wholesale rise is sustained for a few days or more. Maybe it'll affect UK winter energy costs, as we're nearing to our colder weather. Fortunate that a good proportion of our electricity is greener.

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By (user no longer on site)
over a year ago


"Petrol dropping 3 pence a litre this weekend. World wholesale prices down

For now but as there has now been a major hit in the biggest oil refinery in the world expect it to be short lived "
.

It wasn't a refinery.

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By *nglishdoodMan
over a year ago

Morristown


"Petrol dropping 3 pence a litre this weekend. World wholesale prices down

For now but as there has now been a major hit in the biggest oil refinery in the world expect it to be short lived .

It wasn't a refinery."

Of course it was. I've worked at Abqaiq refinery. That's all that's there.

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By *nglishdoodMan
over a year ago

Morristown


"The Stone Age didn’t end because they ran out of stones.The age of oil won’t end because we ran out of oil. "

Superb quote. I'm stealing that!

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By *mmabluTV/TS
over a year ago

upton wirral

Prices will go up before the more expensive oil is even out of the ground as allways the oil companies will rip us off

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By (user no longer on site)
over a year ago


"Petrol dropping 3 pence a litre this weekend. World wholesale prices down

For now but as there has now been a major hit in the biggest oil refinery in the world expect it to be short lived .

It wasn't a refinery.

Of course it was. I've worked at Abqaiq refinery. That's all that's there. "
.

Ooh right, so what products did it produce?.

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By (user no longer on site)
over a year ago


"Here is an interesting thing, did you know that their oil supply could run out in 90 years time? I didnt know they could calculate it and as well know how much oil is left, here is how, they would last for 90 years at the current rate of production. 85% of Saudi oil fields found have not been extracted yet, the ghawar oil field is the largest oil field in the world, holding over 70 billion barrels (11×109 m3), ghawar is able to produce 5 million barrels per day (790×103 m3/d) of oil."

Yet Saudi Arabia is the 2nd biggest producer of oil behind

Venezuela , a country that is so broke because of a bad deal enforced upon them by the U.S

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By *lem-H-FandangoMan
over a year ago

salisbury


"Petrol dropping 3 pence a litre this weekend. World wholesale prices down

For now but as there has now been a major hit in the biggest oil refinery in the world expect it to be short lived .

It wasn't a refinery.

Of course it was. I've worked at Abqaiq refinery. That's all that's there. .

Ooh right, so what products did it produce?."

Do what do you think it was, if not a refinery of some kind?

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By (user no longer on site)
over a year ago


"Petrol dropping 3 pence a litre this weekend. World wholesale prices down

For now but as there has now been a major hit in the biggest oil refinery in the world expect it to be short lived .

It wasn't a refinery.

Of course it was. I've worked at Abqaiq refinery. That's all that's there. .

Ooh right, so what products did it produce?.

Do what do you think it was, if not a refinery of some kind?"
.

Yea I got his point now, I was thinking a refinery making refined oil products he means first stage refinery making basic oil light crude,heavy, etc. Just a word thing, I've always tended to refer to them as processing plants.

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