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Thank You Doc Vernon
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25th February 2016, 09:43 AM
#1
fuel for thought
tuning into RT tv channel this morning, an item about the present cheapness of oil, in some middle eastern refineries it is costing more to store the oil than produce, some of it is being given away. Also, the charges to navigate the Suez Canal are that high, ships are finding it economically viable to use the longer Cape route. (George Robey &co will be out of work soon).
R635733
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25th February 2016, 10:31 AM
#2
Re: fuel for thought
Not only tankers are using the route, container vessels from the Far East are now rerouting to avoid the Panama Canal as well, so I guess we will be seeing a major conflict somewhere soon to drive the price of oil back up again so that there is no chance of living in peace and harmony, ah well if it wasn't oil or religion, it would be something else
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25th February 2016, 10:52 AM
#3
Re: fuel for thought
Originally Posted by
Ivan Cloherty
Not only tankers are using the route--, it would be something else
Usually sex.(whatever that was)
Last edited by Doc Vernon; 25th February 2016 at 08:12 PM.
R635733
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25th February 2016, 11:49 AM
#4
Re: fuel for thought
Arthur wants to be Martha, and Martha wants to be Arthur. Best out of it. JS
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26th February 2016, 04:41 AM
#5
Re: fuel for thought
Big meeting next moth between some of the big producers to see if they can cut supply to increase price. Bet your life they will at the current price they will go bust if it lasts much longer.
Happy daze John in Oz.
Life is too short to blend in.
John Strange R737787
World Traveller
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26th February 2016, 07:56 AM
#6
Re: fuel for thought
if we got oil for nothing the greedy bastards in government would still slap a high tax for the motorist .. jp
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