- Joined
- Nov 24, 2002
Said to be looking at ways to help those with oil-fired heating to pay their bills . . . er haven’t we been here before Rachel?
The UK has ample crude oil reserves - good - er . . . we’re lacking in refinery capacity - oh wait, Grangemouth?
The UK has ample refined fuel stocks bought in at considerably lower prices than today’s yet the price we pay at the pump shoots up by the day.
The oil companies are rubbing their hands at $100+ per bbl? No, many of them have already forward sold much of their annual production at far lower prices to ensure cash flow.
Who’s taking the piss? Middle men, traders, brokers, Champagne Charlies with offshore bank accounts. Sort that one out Rachel um err um.
The UK has ample crude oil reserves - good - er . . . we’re lacking in refinery capacity - oh wait, Grangemouth?
The UK has ample refined fuel stocks bought in at considerably lower prices than today’s yet the price we pay at the pump shoots up by the day.
The oil companies are rubbing their hands at $100+ per bbl? No, many of them have already forward sold much of their annual production at far lower prices to ensure cash flow.
Who’s taking the piss? Middle men, traders, brokers, Champagne Charlies with offshore bank accounts. Sort that one out Rachel um err um.


