Reply With QuoteJesus you only have to say there are five cars at ASDA petrol station these days and the country grinds to a halt, you're right it would be chaos!Originally Posted by Gofer Blue
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Exactly, although I believe the OPEC countries are no longer the major players they were. Having said that, if we now have to go cap in hand to them because of supply problems elsewhere, then.......who knows!
I remember the advent of petrol rationing in 1973, in fact I still have my book of ration coupons which I kept as a souvenir of those days. They were never used in the end because the petrol stations themselves imposed limits on how much petrol you could buy. Imagine that today and the panic that would cause!
Jesus you only have to say there are five cars at ASDA petrol station these days and the country grinds to a halt, you're right it would be chaos!
4.456 litres to a gallon multiplied by £1.67 = £7.44 here for a gallon.I'm on a Facebook group based in the US, they are moaning its risen to $3.99 ( it was about $3 before Putin started ) now, thats a GALLON though
1 US gallon = 3.78 litres.
So at $3.99 a gallon = $1.05 per litre.
$1 = £0.76, so price per litre in USA = 80p, approx half the UK price.
Question for the learned, Price of gas has more than doubled, but why has the price of electricity done the same? We don’t use gas to make electricity.
Thanks. Had no idea of the difference.
I know man, that's trash. Sucks so hard.
not sure if you are being sarcastic?
Rather than prices rises why don't they reduce profits, isn't that a novel idea.
The Green Revolution plan predates current events by quite a few years.
No I’m not being sarcastic, it seems to me a valid point, is our electric powered by gas? I cannot understand why the price of electricity should rise alongside the price of gas. So why?
Agree with you on the profit side, but aren’t these companies now foreign owned? There should only be one of each and both Nationalised and British owned. Maggie has a lot to answer for.
https://en.wikipedia.org/wiki/List_o...United_Kingdom
Yes, we do.
Which companies? Energy suppliers in the UK haven't been making any profits recently.
Well I never knew that. Anyway you should be sanctioned coming on this board. Is this more of Russian propaganda?
More specifically Gas companies i was talking about with record profits but having read newspapers these last years it was very easy to find this information as it widely reported "Cumulatively between 2016 and 2020, five of the UK's largest energy providers generated a total of £7.7 billion in operating profit." Also wonder how much is tax payer subsidised or off set off-shore so no tax is being paid on those profits.
In other relevant news: A human right lawyer (https://en.wikipedia.org/wiki/Steven_Donziger )was sent to prison last month for daring to challenge Chevron.
And people are critical of Russians who follow state propaganda
Petrol price per litre now is slightly more than the price I was paying when I passed my driving test - per gallon!
Spoke too soon, it’s gone up 30% today. Now approximately £1.30 a litre
Hmmm, may drive over and save some money
My grandad used to do that, drive 10 miles to a different town cos the petrol was a (old) penny cheaper. Ford Zephyr, men have front sear, column shift, powder blue.Hmmm, may drive over and save some money
We all can make difference in our own way, we don't need heating on all the time , we could turn off street lighting / quiet road traffic lights, business premises lighting or half it all , impose a self disciplined 20mph/ 50mph driving on 30 or 60 mph roads .
In Berlin some are taking old showers as a demonstration of support of course its small things globally its massive.
I've dragged my excessive gas costs down from £3 a daytime £1.50 by turning off uneated rads and down to gas mark instead of 3 take quick showers instead of baths .
Isnt the impact of transportation of fuel a big cost issue to us? As we import diesel import fuel from abroad and as an island its costly and , you also have drivers wages being lower in some countries to ours which forces retailers to pass on to customers.
Think I saw the the average EU litre is £1.47 , I've seen 1.59 a litre in UK.
Germany maybe nearer £1.90 all very complex and hard to compare commodity prices between countries ??
It is starting to look like Nuclear Power Stations and Renewable energy will get a massive boost from this War/Invasion. Short term Boris is off to the Saudis, but long term this will have brought renewable energy forward, most people will now probably see a need for it?
Is it every problem needs a solution, or every solution needs a problem?
Russia's War in Ukraine May 'Fundamentally Alter' Global Economic, Political Order - IMF
WASHINGTON (Reuters) - Russia's invasion of Ukraine will affect the entire global economy by slowing growth and jacking up inflation, and could fundamentally reshape the global economic order in the longer term, the International Monetary Fund (IMF) said on Tuesday.
Beyond the human suffering and historic refugee flows, the war is boosting prices for food and energy, fuelling inflation and eroding the value of incomes, while disrupting trade, supply chains and remittances in countries neighbouring Ukraine, the IMF said in a post on its website.
https://money.usnews.com/investing/n...ical-order-imf
In the face of the emerging global energy crisis triggered by Russia’s invasion of Ukraine, the IEA’s 10-Point Plan to Cut Oil Use proposes 10 actions that can be taken to reduce oil demand with immediate impact – and provides recommendations for how those actions can help pave the way to putting oil demand onto a more sustainable path in the longer term.
https://www.iea.org/reports/a-10-poi...to-cut-oil-use
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