expected oil price

[paul123456]

hello there ,

I read the news today , and the last three weeks , and oh boy ,
by the end of February the oil prices , and so the petrol prices will peak big time , just watch ,
Brent oil is allready on a high , just watch the antics of the Arabs (so called cry for democracy ),
rocket the prices up . Iranian ships in the Suez , another 10 dollar the barrel ,

regards ,

Paul
p.s even if the prices triple , I'll still fill up with a smile

[frozenthunderbolt]

Knock on effect to food prices will be the more interesting and inflamitory event though I suspect.

[The Riff-Raff Element]

Plant more spuds! $200 per barrel this year, I fear.

[greenorelse]

Plant more spuds! $200 per barrel this year, I fear.

Those are expensive spuds.

[dave45]

depends how big the barrel is !

[The Riff-Raff Element]

I suppose one should get about 150 kg in a standard barrel, so that 67 cents a kilo. Doesn't sound too bad...

I'm growing more this year - taking another 60 square metres under spuds. Should add about 120kg, if I'm careful.

[okra]

Potatoes are easy to grow - it's a shame oil is not

[cocobelle]

I loathe our dependency on oil.

[Odsox]

I loathe our dependency on oil.

The only problem is, without oil there would be no Internet for you to post your comments on.

[pelmetman]

I think we sometimes forget just how many items are made from oil. Just google items made from oil and am quite sure you will be surprised.

Sue

[PlainQB]

What worries me is how much fertiliser is made from oil. Oh, and all the drugs (can't spell pharmawotsicals, regulars will remember I can't spell)

[The Riff-Raff Element]

Welcome back QB! Pharmacuticals (sp????) shouldn't be a huge problem. It's small volume stuff and there are many other paths to make drugs. Industrial fertilisers on the other hand... possible without oil, yes. Possible without a lot of energy? No.

[PlainQB]

On a positive note the short term future could be an oportunity for tranistion movements to show their value, flourish and spread. I hope so.