by ballistic 23 Replies latest jw friends
After a threat by protestors to blockade fuel distribution depots, people are panic buying fuel, causing some stations to run out and close, even though there is no underlying shortage. This is like a self-fullfilling prophecy in which the more it gets reported on the news, the more people go out and panic buy.
*** have I just contributed to the chaos by posting this, hmmmm ***
So, I filled up. There was twice the usual number of staff on in the station and a bit of a queue. But my bike only took £10.50.
Thought I would join in the mass hysteria.
Really get into the spirit of panic, Ballistic, get down to the supermarket and buy as much bread as you can carry, and make a maximum withdrawal from the cash machine!
I would do Fe203, but I can't fit anymore "stuff" into my nuclear bunker.
** closes bunker door and waits **
Overbuy and force artificial shortages. What a great way to keep the price down.
Overbuy and force artificial shortages. What a great way to keep the price down.
Well, I don't know what the overall impact would be to price, because whether there is a blockade or not, people will only use so much fuel (it's not like buying up beer - which might tempt you to consume more)
hmmm... I thought that ungodly $10 a gallon (US) prices, or whatever it works out to, you blokes in the UK and Europe was 'sposed to STOP that kind of behaviour?
Try farming or running a business (at $3 bucks a gallon) in a County larger than most European countrys and we can talk about this again. Oh..you folks who ride a bike to work or train ...the stuff you by at Wally World gets shipped on a truck and will cost more....just wait untill you see your LP, Natural gas or fuel oil bill in January.
Crude prices are decending to $63 (maybe less in a day or so)...let's see if retail prices decline as fast as they rose.
Flood the market with US , Russian and South American oil...build some refinerys and watch. The price will "reflect" the cost of new infrastructure and the retail price of a gallon wont go down ...but oil company profits will stay off the charts.
The Arabs are part of the problem..."BIG OIL" is the other half.
John Rockerfeller smiles from heaven or hell... history will show we did this before. Poor regulation of the business...maybe we need to revisit the law.
~Hill
The real problem is that we all use too much oil and the governments have gotten used to the tax income from it.
Simply changing driving habits would have a big impact and saves you money - on the way home from work I got about 50 MPG just by driving steady. When I started out the car said I had about 380 miles of fuel left but 80 miles later it said I could do another 435!
I doubt the fuel protests will have the same impact this time simply because there is less support for the very selfish self-interest groups of farmers and hauliers - both of which seem to exist just to get in the damn way on what should be decent roads.
Most people recognise that the increase in price is because of the increase in costs and not increases in duty (although the government is surely creaming it in from VAT)
Simply changing driving habits would have a big impact and saves you money - on the way home from work I got about 50 MPG just by driving steady. When I started out the car said I had about 380 miles of fuel left but 80 miles later it said I could do another 435!
I've started changing my driving habits too.... easy on the pedal, trying to squeeze whatever 'extra' mileage I can. Simon... you have a car has an indicator that tells you how many miles you have left?
D.E.
I doubt the fuel protests will have the same impact this time simply because there is less support for the very selfish self-interest groups of farmers and hauliers - both of which seem to exist just to get in the damn way on what should be decent roads.
Lad... perhaps you need a dose of "Econ 101" ...classes are held at your local college....
~Hill (dont choke with your mouth full class)
