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Old 06-16-2008, 12:52 PM   #1
halfpint
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Fuel £1.99 ($3.90)a litre as tanks dry = $17.60 a gallon

Now this is just crazy never thought I would see petrol being sold at this price

A Devon petrol station has been charging £1.99 a litre - more than £9 ($17.60) a gallon - as nearly 400 forecourts in the county suffered dwindling supplies.

1 liter = 0.264172052 US gallons

more here

http://news.bbc.co.uk/1/hi/england/devon/7456458.stm
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Old 06-16-2008, 12:53 PM   #2
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sig spot?
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Old 06-16-2008, 12:56 PM   #3
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Let's see how many americans come here whinning now....
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Old 06-16-2008, 01:04 PM   #4
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Wow not bad
Didnt read the article, is there a blockout or something?
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Old 06-16-2008, 01:27 PM   #5
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Wow not bad
Didnt read the article, is there a blockout or something?
There is a 4 day strike by the shell tanker drivers over a wage dispute which is causing a shortage of fuel in some areas
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Old 06-16-2008, 01:30 PM   #6
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Time to walk.
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Old 06-16-2008, 03:05 PM   #7
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Time to walk.
Bikes are selling out everywhere I'm sure LOL spending a bit extra to get an easier pedaling bike helps a LOT. Some bikes are a LOT of work to go over 10MPH while some do it incredibly easy and even go over 20 without much work.
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Old 06-16-2008, 03:10 PM   #8
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that must really suck ass!!
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Old 06-16-2008, 04:17 PM   #9
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On top of all of this the haulage, farmers and other companys who use trucks or road transport are also holding demonstrations about the high fuel prices and are threating to block the refinarys as they did last time, If this happens again its gonna cause a lot more problems and everyone will be rushing out to fill up, which causes huge bloody queues and the garages end up running out of fuel, its a total nightmare
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Old 06-16-2008, 04:43 PM   #10
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Oil retreats after surging to record

Oil retreats after surging to recordPrices near $140 on weak dollar, then fall sharply as investors collect profits from a $5 one-day run up.

http://money.cnn.com/2008/06/16/mark...ion=2008061612

So it is the speculators after all lol. I was a tad concerned that we might have hit peak oil.
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Old 06-16-2008, 05:43 PM   #11
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Oil retreats after surging to recordPrices near $140 on weak dollar, then fall sharply as investors collect profits from a $5 one-day run up.

http://money.cnn.com/2008/06/16/mark...ion=2008061612

So it is the speculators after all lol. I was a tad concerned that we might have hit peak oil.
Ya its the falling dollar and investors. There is no real shortage other than people and countries are having a hard time finding the money to buy it. Peak Oil and supply and demand are mostly propaganda tools.
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Old 06-16-2008, 05:54 PM   #12
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greedy fuckers
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