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Old 19 February 2012, 09:30 PM
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zip106
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Default Fuel going up?

Irrespective of the UK not using much of Irans oil, will this bit of news just give oil companies an excuse to raise the price?

http://www.bbc.co.uk/news/world-middle-east-17089953
Old 19 February 2012, 09:34 PM
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what would scooby do
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Originally Posted by zip106
Irrespective of the UK not using much of Irans oil, will this bit of news just give oil companies an excuse to raise the price?

http://www.bbc.co.uk/news/world-middle-east-17089953
Yes, I have seen evidence that OPEC will reduce output to side with the Iranians, the net result will be that we will be at £2.80 per litre next month at an absolute minimum... nicely taxes the working class off the roads...
Old 19 February 2012, 09:42 PM
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Doesn't surprise me one bit.
Old 20 February 2012, 11:30 AM
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I don't see it hitting £2.80 a litre, that's double today's price in a month.
Old 20 February 2012, 11:40 AM
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tony de wonderful
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Originally Posted by what would scooby do
Yes, I have seen evidence that OPEC will reduce output to side with the Iranians, the net result will be that we will be at £2.80 per litre next month at an absolute minimum... nicely taxes the working class off the roads...
What evidence is that? The only OPEC member which is likely to side with Iran is Venezuela. The bulk of OPEC production is from the Sunni gulf states. Why would Saudi want to side with its strategic enemy?
Old 20 February 2012, 11:53 AM
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Won't matter what anyone does. Fuel WILL go up.

I said when it was nudging £1 a litre that we HAD to agitate and stop it going over that level, and that if we didn't, we could stand back and watch the oil companies run with the price.

I even went on some refinery demos.

But for no gain.

And here we are.
Old 20 February 2012, 12:11 PM
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EddScott
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If tax doesn't come from fuel, where else will it come from?

This Iran issue - sounds more like Iran trying to take its toys away before its told to go play on its own anyway.

If our fuel prices go up because of Iran then its more likely an excuse rather than genuine pressure on UK oil requirements.

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Old 20 February 2012, 01:03 PM
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£2.80? If that ain't scare mongering I don't know what is.
Old 20 February 2012, 01:10 PM
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Not sure about £2.80 by next month, but it will certainly hit £1.50 very shortly.

Reports have said that if Iran was bombed, fuel prices would rise substantially.

I could see it hitting £1.70 by the end of summer.
Old 20 February 2012, 02:02 PM
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What will be.....
Old 20 February 2012, 02:03 PM
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Originally Posted by what would scooby do
Yes, I have seen evidence that OPEC will reduce output to side with the Iranians, the net result will be that we will be at £2.80 per litre next month at an absolute minimum... nicely taxes the working class off the roads...
Fpmsl I just scanned your avatar

TX.
Old 20 February 2012, 02:45 PM
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zip106
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Originally Posted by tony de wonderful
What evidence is that? The only OPEC member which is likely to side with Iran is Venezuela. The bulk of OPEC production is from the Sunni gulf states. Why would Saudi want to side with its strategic enemy?
I'm guessing you didn't see the smilie at the top of his post?
Old 20 February 2012, 03:26 PM
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Ian
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Originally Posted by Terminator X
Fpmsl I just scanned your avatar

TX.

same here lol
Old 20 February 2012, 03:31 PM
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joz8968
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Where does it it link you to? **** I'm guessing?
Old 20 February 2012, 03:36 PM
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boxst
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Originally Posted by Terminator X
Fpmsl I just scanned your avatar

TX.
Funny.
Old 20 February 2012, 04:53 PM
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Hanley
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Yep, I also scanned it!!!!

Old 20 February 2012, 05:32 PM
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SamUK
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Originally Posted by zip106
Irrespective of the UK not using much of Irans oil, will this bit of news just give oil companies an excuse to raise the price?

http://www.bbc.co.uk/news/world-middle-east-17089953
Oh Boy!
Old 20 February 2012, 05:45 PM
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Wolf_gsxr
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Originally Posted by Hanley
Yep, I also scanned it!!!!

Tell me what it is. You can't scan the screen of the phone your using to look at this page lol.
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