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Re: Clarkson for Prime Minister
Posted by 'DavyBoy' on 11 Oct 2008 @ 09:21


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DavyBoy
Joined: July 2005
Total Posts: 1
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There are two reasons for this.

First, the market price per barrel quoted on the NYMEX or for Brent is not what we pay at the pump... there's a relationship, but its not direct - there are time delays and other factors involved too.

Second, oil is quoted in US Dollars and the Dollar has increased 20% against Sterling in the last few weeks. This has negated some of the effects of the falling oil spot price.

The bad news is that its not having the expected effect on pump prices [just yet]... but the good news, if there can be any at the moment, is that the continued market uncertainty will continue to drive the oil price lower still. Pump prices are highly likely to tumble in the weeks ahead.

Unrelated to all of that... I think Jezza would be a fantastic PM. Its just what we need right now - a dose of common sense into running this country.

Message Thread:

Thieving oil companies  by 'blobslosak'   (10 Oct 2008 @ 21:21)
Re: Thieving oil companies  by 'Booney'   (10 Oct 2008 @ 22:21)
Re: Thieving oil companies and gordon  by 'cobb22'   (10 Oct 2008 @ 22:24)
Clarkson for Prime Minister  by 'Booney'   (10 Oct 2008 @ 22:46)
Re: Clarkson for Prime Minister  by 'Chris34'   (11 Oct 2008 @ 1:38)
Re: Clarkson for Prime Minister  by 'DavyBoy'  << You are here!
Re: Clarkson for Prime Minister  by 'blobslosak'   (11 Oct 2008 @ 10:29)
Re: Clarkson for Prime Minister  by 'Tmoon'   (11 Oct 2008 @ 10:54)
Re: Clarkson for Prime Minister  by 'Booney'   (11 Oct 2008 @ 14:41)
I'd vote for Jezza, assuming he aint for Tory  by 'michaelg36'   (11 Oct 2008 @ 22:37)
He'd get my vote.....  by 'QuickOldTimer'   (11 Oct 2008 @ 22:46)
Re: He'd get a lot of votes.....  by 'Booney'   (12 Oct 2008 @ 20:27)
It says something when you put more trust ......  by 'Chad'   (13 Oct 2008 @ 7:55)
@Michael  by 'DavyBoy'   (13 Oct 2008 @ 14:34)

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