Current Oil Price

Totally_Baffled · Post by **Totally_Baffled** » 03 Jan 2011, 17:41

I have seen 1.35 diesel around here and tomorrow I think this will jump by 3.5p to circa £1.39

Lord knows what it will be at motorway services, they are always way more expensive- could we see some £1.50's?

emordnilap · Post by **emordnilap** » 03 Jan 2011, 18:54

It's funny how it seems to always be roughly the same as the euro price over here. Fuel recently went up by 6¢ a litre but now you have to catch up!

biffvernon · Post by **biffvernon** » 03 Jan 2011, 19:41

From the BBC on 2nd January 2008: http://news.bbc.co.uk/1/hi/business/7168664.stm

Oil price at record $100 a barrel

And see page 32 of this thread for the discussion. It's quite amusing to look back at the pre-credit crunch days with a little hindsight

lurker · Post by **lurker** » 04 Jan 2011, 21:29

http://www.bloomberg.com/news/2011-01-0 ... cline.html

emordnilap · Post by **emordnilap** » 05 Jan 2011, 11:33

biffvernon wrote:From the BBC on 2nd January 2008: http://news.bbc.co.uk/1/hi/business/7168664.stm
Oil price at record $100 a barrel
And see page 32 of this thread for the discussion. It's quite amusing to look back at the pre-credit crunch days with a little hindsight

Is there a way of jumping straight to a page in a multi-page thread? The bottom of the page shows Goto Previous 1,2,3...143,144,145.

JohnB · Post by **JohnB** » 05 Jan 2011, 11:37

emordnilap wrote:Is there a way of jumping straight to a page in a multi-page thread? The bottom of the page shows Goto Previous 1,2,3...143,144,145.

The page link is like this:

Code: Select all

http&#58;//www.powerswitch.org.uk/forum/viewtopic.php?t=5114&postdays=0&postorder=asc&start=15

There are 15 posts per page, so change the start=15 bit at the end to:
Page 1 - start=0
Page 2 - start=15
Page n - start=(n-1) x 15

emordnilap · Post by **emordnilap** » 05 Jan 2011, 11:45

Thanks JohnB.

raspberry-blower · Post by **raspberry-blower** » 10 Jan 2011, 11:56

BP Alaskan oil pipeline shutdown sending crude price higher and BP's share price lower:

BP Plc and its partners in the Trans-Alaska Pipeline System that carries 15 percent of U.S. crude output can’t say when production will return to normal after a leak two days ago.

The shutdown forced BP, ConocoPhillips and Exxon Mobil Corp. to suspend 95 percent of production from the North Slope area. The pipeline was still closed as of 2:21 p.m. local time yesterday with no estimate of when it will return to service, said Michelle Egan, a spokeswoman for operating partnership Alyeska Pipeline Service Co.

Bloomberg

Post by **adam2** » 12 Jan 2011, 12:11

Brent crude is at a 12 month high of over $97 and West Texas crude is close to 12 month high.

Brent crude has been consistently higher than USA crude for months now.

raspberry-blower · Post by **raspberry-blower** » 12 Jan 2011, 13:41

It's that pesky Alaskan leaky oil pipeline that's behind it:

The oil price rose to a 27-month high this morning as the ongoing disruption following last weekend's oil leak in Alaska drove fears of supply shortages.

The cost of a barrel of Brent crude – oil sourced from the North Sea – hit $98 this morning, its highest level since October 2008 before the global economic downturn took hold. US crude oil also rose to $91.65 a barrel, close to its own 27-month high.

Guardian

PS_RalphW · Post by **PS_RalphW** » 12 Jan 2011, 15:12

the alaskan pipeline is to be started again at reduced flow rate without the leak being fixed to prevent a cleaning pig becoming frozen in place in the pipeline as the oil cools. Fortunately Alaska is suffering a relative heatwave for January.

If the pipeline does freeze up, it will be out of action until summer.

If the leak leads to an explosion at the pumping station, it could be out of action full stop.

If everything goes to plan, full pumping will be restored in 5 days.

biffvernon · Post by **biffvernon** » 12 Jan 2011, 19:44

Just so long as BP aren't involved eh?

PS_RalphW · Post by **PS_RalphW** » 14 Jan 2011, 12:44

Second grade (bonny light) reaches $100 spot price.

Brent is over $99.

WTI is under $91

emordnilap · Post by **emordnilap** » 14 Jan 2011, 13:11

http://www.guardian.co.uk/business/2011 ... sses-costs

The prime minister insisted he was continuing to look at the option of a stabiliser, where the rate of duty is cut as oil prices rise, bringing in additional tax revenues to the Treasury.

Meanwhile, Friends of the Earth's transport campaigner, Tony Bosworth, said he sympathised with motorists who faced sudden rises in fuel prices "but the reality is that the days of cheap fuel are over and ministers must stand up to the motoring lobby and make it clear that petrol prices will continue to rise."

Mean Mr Mustard · Post by **Mean Mr Mustard** » 20 Jan 2011, 13:00

Speculators about...

http://www.telegraph.co.uk/finance/news ... price.html

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