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Thread: No stopping oil price rise
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23rd May 2008 #1
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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23rd May 2008 #2
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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23rd May 2008 #3
I've got the wife digging for oil in the back garden.......she's heading towards Saudi, got down about 4ft so far
Keith Driscoll - Administrator
Managing Director, Win2Win Limited
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27th May 2008 #4
it cost me £72 to fill my car :(
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28th May 2008 #5
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29th May 2008 #6
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30th May 2008 #7
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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
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30th May 2008 #8
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 summerKeith Driscoll - Administrator
Managing Director, Win2Win Limited
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