$65 a barrel and we're still paying £1/L

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  1. 24th October 2008, 08:04 PM #11
    illegalhunter
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    Demand is droping due to everybody bailing out the banks, and being prated
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  2. 24th October 2008, 09:13 PM #12
    AndyP & Lenore
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    Quote Originally Posted by illegalhunter View Post
    Demand is droping due to everybody bailing out the banks, and being prated
    Demand dropping has absolutely nothing to do with bailing banks out.

    Where's my shakes head smilie?

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  3. 24th October 2008, 10:49 PM #13
    Scottie
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    Quote Originally Posted by Big Gordy View Post
    I hear OPEC have agreed to cut supply so prices could be going back up again folks

    OPEC had intended to raise prices by reducing production. But after the announcement, oil prices dropped $3.24 a barrel to $64.60 in electronic trading.
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  4. 24th October 2008, 11:05 PM #14
    Scottie
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    Quote Originally Posted by illegalhunter View Post
    Demand is droping due to everybody bailing out the banks, and being prated

    bailing the banks out is acting as nothing more than a band aid IMO.

    world market collapse was avoided today but I think it's not off the table yet.
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  5. 27th October 2008, 09:31 PM #15
    Sheilz
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    No consolation but it only costs £32 to fill the tank of a Prado in Dubai (180 litres)

    Dear Lord, If you wont make me skinny, please make my friends fat-very Fat.
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