| Petroleum…. 10:49 - Apr 2 with 6329 views | colinallcars |
Any difficulties ? I went to BP/Sainsbury's at Manor Circus on the A316 and was shocked to find no normal unleaded or diesel, just super unleaded.
Didn't expect Shortages this quickly. |  | | |  |
| Petroleum…. on 17:10 - Apr 2 with 1844 views | Beckenhamhoop |
Just heard a bit of Trumps speech from earlier today. One throw away line was, I thought, very telling. He said if the Straights of Hormuz stay shut ‘buy oil and gas from us’. I’m not sure it’s in the US’s interests to open up the straights which is why he’s passed the baton to Europe to do some dirty work.
Having reportedly gained access to Venezuela’s huge oil reserves after deposing Maduro, the Americans won’t be as affected by distribution issues in the ME. As an avowed anti globalist (unless the world is buying from the US) this all fits in with his America first objective. He can put up the price of the energy we currently import from the US and make more money for his economy.
IMHO this is going to hit us harder than anyone can currently imagine. |  |
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| Petroleum…. on 17:16 - Apr 2 with 1803 views | LimehouseR |
| Petroleum…. on 16:44 - Apr 2 by Lblock |
So why don't you get rid of your car? |
Because my father lives in Cornwall and is terminally ill.
So I travel down at both planned and unplanned moments to be with him and where he lives there are 3 buses a day or something. He also doesn't have a car (can't drive now anyway).
My missus doesn't have a car either so between us we use it when we have to.
I have thought of selling it but at the moment it is a useful thing to have. I just never use it if I am going somewhere local.
I am not against having a car, for some people it is fairly essential and I am sure a lot of journeys made are unavoidable unless you can walk for hours or have a very good public transport connection for where you need to go.
I just think there appears to be a large number of people driving on the roads (at least in London) who take trips based on pure laziness, status or snobbery of public transport. Then complain when they are stuck in traffic. And this new trend for some people of having to have a large vehicle is just weird, especially if you live in London with tight roads and traffic jams. |  | | |
| Petroleum…. on 17:21 - Apr 2 with 1765 views | BazzaInTheLoft |
| Petroleum…. on 17:10 - Apr 2 by Beckenhamhoop |
Just heard a bit of Trumps speech from earlier today. One throw away line was, I thought, very telling. He said if the Straights of Hormuz stay shut ‘buy oil and gas from us’. I’m not sure it’s in the US’s interests to open up the straights which is why he’s passed the baton to Europe to do some dirty work.
Having reportedly gained access to Venezuela’s huge oil reserves after deposing Maduro, the Americans won’t be as affected by distribution issues in the ME. As an avowed anti globalist (unless the world is buying from the US) this all fits in with his America first objective. He can put up the price of the energy we currently import from the US and make more money for his economy.
IMHO this is going to hit us harder than anyone can currently imagine. |
Or the 32 billion cubic meters of gas off the coast of Gaza which bypasses the straight of Hormuz for Europe and N America. [Post edited 2 Apr 17:23]
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| Petroleum…. on 17:22 - Apr 2 with 1767 views | QPR_Jim |
| Petroleum…. on 17:10 - Apr 2 by Beckenhamhoop |
Just heard a bit of Trumps speech from earlier today. One throw away line was, I thought, very telling. He said if the Straights of Hormuz stay shut ‘buy oil and gas from us’. I’m not sure it’s in the US’s interests to open up the straights which is why he’s passed the baton to Europe to do some dirty work.
Having reportedly gained access to Venezuela’s huge oil reserves after deposing Maduro, the Americans won’t be as affected by distribution issues in the ME. As an avowed anti globalist (unless the world is buying from the US) this all fits in with his America first objective. He can put up the price of the energy we currently import from the US and make more money for his economy.
IMHO this is going to hit us harder than anyone can currently imagine. |
It does seem quite blatant what he's doing though, doesn't it? Remove Venezuela's leader, encourage USA oil companies to invest in Venezuela, start war in middle east. Manipulate the markets with often conflicting comments about it being a short war, going to end soon etc then threaten more attacks, deploy ground troops etc. I'm sure he doesn't know anyone making any money out of all this though, I've settled on the conclusion he's probably doing it in the best interests of the American people otherwise they won't elect him again. |  | | |
| Petroleum…. on 17:48 - Apr 2 with 1718 views | Beckenhamhoop |
| Petroleum…. on 17:04 - Apr 2 by BazzaInTheLoft |
Some irony that the idol of the majority of the climate sceptic movement will cause a massive surge in electric cars, heat pumps, and solar panels. |
Not if the Chinese can’t rely on an oil supply (they haven’t got any of their own) needed to make all the renewable stuff in the manufacturing process. Screwing over the Chinese economy as much as he can is arguably the main point of all this. [Post edited 2 Apr 17:51]
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| Petroleum…. on 18:17 - Apr 2 with 1634 views | GroveR |
| Petroleum…. on 15:48 - Apr 2 by derbyhoop |
Price of diesel in France has gone from 1.539 at the end of Feb to 2.259 today |
What on earth will they use to burn their lorry loads of sheep?!? |  | | |
| Petroleum…. on 19:04 - Apr 2 with 1566 views | BazzaInTheLoft |
| Petroleum…. on 17:48 - Apr 2 by Beckenhamhoop |
Not if the Chinese can’t rely on an oil supply (they haven’t got any of their own) needed to make all the renewable stuff in the manufacturing process. Screwing over the Chinese economy as much as he can is arguably the main point of all this. [Post edited 2 Apr 17:51]
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Iran hasn't embargoed Chinese supply, and China has long prepared for oil shock. They'll be fine.
https://www.reuters.com/graphi [Post edited 2 Apr 19:09]
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| Petroleum…. on 19:14 - Apr 2 with 1547 views | Wilkinswatercarrier |
| Petroleum…. on 17:22 - Apr 2 by QPR_Jim |
It does seem quite blatant what he's doing though, doesn't it? Remove Venezuela's leader, encourage USA oil companies to invest in Venezuela, start war in middle east. Manipulate the markets with often conflicting comments about it being a short war, going to end soon etc then threaten more attacks, deploy ground troops etc. I'm sure he doesn't know anyone making any money out of all this though, I've settled on the conclusion he's probably doing it in the best interests of the American people otherwise they won't elect him again. |
That's not how commodity markets work though. Oil and gas price moves on supply and demand, it is immaterial if you are the producer or consumer. The only control a producer has on the commodity market is to either limit or increase supply.
If you stop 20% of the world's oil, there are no levers that can be pulled to mitigate a catastrophic price increase. That's why petrol in the USA is going up and will continue to.
You are giving way too much credit to the man baby in the White House. He and his sycophants have managed to create the biggest omnishambles in recent history. And they chose to do it!! | |
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| Petroleum…. on 19:24 - Apr 2 with 1533 views | kensalriser |
| Petroleum…. on 17:22 - Apr 2 by QPR_Jim |
It does seem quite blatant what he's doing though, doesn't it? Remove Venezuela's leader, encourage USA oil companies to invest in Venezuela, start war in middle east. Manipulate the markets with often conflicting comments about it being a short war, going to end soon etc then threaten more attacks, deploy ground troops etc. I'm sure he doesn't know anyone making any money out of all this though, I've settled on the conclusion he's probably doing it in the best interests of the American people otherwise they won't elect him again. |
He's term limited, he can't be elected again legitimately. |  |
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| Petroleum…. on 19:58 - Apr 2 with 1487 views | Wilkinswatercarrier |
That oil was stockpiled to insulate the Chinese economy during a potential war with the US when attempting an invasion of Taiwan. | |
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| Petroleum…. on 20:01 - Apr 2 with 1480 views | lightwaterhoop |
I guess we could see flights cancelled as well. | | | |
| Petroleum…. on 22:32 - Apr 2 with 1341 views | wombat |
| Petroleum…. on 20:01 - Apr 2 by lightwaterhoop |
I guess we could see flights cancelled as well. |
Was reading today thats highly likely to happen by the end of April.
Glad I went the Ev route last summer weirdly our night time charging rates gone down to 5.2pfrom 7p yesterday so even cheaper for us to fill the car up .
Remember the last time petrol was in short supply driving to various petrol stations at midnight and waiting and hour for half a tank of petrol not fun |  |
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| Petroleum…. on 22:37 - Apr 2 with 1327 views | BazzaInTheLoft |
| Petroleum…. on 19:58 - Apr 2 by Wilkinswatercarrier |
That oil was stockpiled to insulate the Chinese economy during a potential war with the US when attempting an invasion of Taiwan. |
We’re not heading for fuel that costs £2 a litre and 10,000 innocent dead because China might invade Taiwan though. | | | |
| Petroleum…. on 22:46 - Apr 2 with 1307 views | connell10 |
Here we go , people running around like headless chickens , chill there's plenty of petrol to go round. Crikey how people today would have cope in London during the second World War christ above knows!!!! |  |
| AND WHEN I DREAM , I DREAM ABOUT YOU AND WHEN I SCREAM I SCREAM ABOUT YOU!!!!! | | Poll: | best number 10 ever? |
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| Petroleum…. on 22:49 - Apr 2 with 1301 views | Myke |
| Petroleum…. on 15:23 - Apr 2 by EuroRanger |
I'm not suggesting panic, but this will be bad. Arguing that this is hysteria makes no sense when many more exposed poorer countries are already having to take fairly drastic action (shorter work weeks, reduced speed limits, work from home orders etc.).
That's before you get to politicians like Germany's Merz warning that this will be as bad as during Covid (inflation / economy wise) - politicians don't make warnings like that unless they're pretty certain because otherwise you look like an idiot. |
‘I’m not suggesting panic but…’
The scariest bit of this post is that you seem to be under the impression that politicians are not idiots | | | |
| Petroleum…. on 05:46 - Apr 3 with 1152 views | EuroRanger |
| Petroleum…. on 22:49 - Apr 2 by Myke |
‘I’m not suggesting panic but…’
The scariest bit of this post is that you seem to be under the impression that politicians are not idiots |
There's a world of difference between Trump and Merz, even if I don't agree with either.
They also have access to briefs that we don't. If they're raising alarm (along with basically everyone in the know about this), I'm not sure the correct response is to say "everything is fine and everyone worried is a headless chicken" like some in this thread have.
For reference, I thought everyone was overreacting about COVID in March 2020 and we saw how that played out... | | | |
| Petroleum…. on 08:49 - Apr 3 with 1078 views | QPR_Jim |
| Petroleum…. on 19:24 - Apr 2 by kensalriser |
He's term limited, he can't be elected again legitimately. |
So he may not have the American publics interest first after all, I'm shocked. | | | |
| Petroleum…. on 09:04 - Apr 3 with 1062 views | QPR_Jim |
| Petroleum…. on 19:14 - Apr 2 by Wilkinswatercarrier |
That's not how commodity markets work though. Oil and gas price moves on supply and demand, it is immaterial if you are the producer or consumer. The only control a producer has on the commodity market is to either limit or increase supply.
If you stop 20% of the world's oil, there are no levers that can be pulled to mitigate a catastrophic price increase. That's why petrol in the USA is going up and will continue to.
You are giving way too much credit to the man baby in the White House. He and his sycophants have managed to create the biggest omnishambles in recent history. And they chose to do it!! |
However if you were to invade a country nearby which has an oil industry, suggest your national oil companies invest there and but got a lukewarm reception with it being deemed not really worth it, increasing the price of oil by 25% and causing supply issues from further afield may encourage them to do what you wanted in the first place.
The rest of his comments, whether it's about the duration of the war or tariffs etc, seem to be aimed at getting a reaction from the stock market. So somebody will be making money off all of this. | | | |
| Petroleum…. on 10:12 - Apr 3 with 1002 views | RangersDave3 |
Hugs to you and your dad mate. | | | |
| Petroleum…. on 11:53 - Apr 3 with 904 views | colinallcars |
I haven't met anyone yet that found empty pumps as I did on Wednesday. Must've got there just before their delivery - Lucky Jim.
Still, as long as the beer pumps are working…. | | | |
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