Just to return to this thread but on a slightly different note .
As the wholesale price for Oil and Gas to an extent Is though the floor when will we receive the full benefit and what are the impacts on Mr Osbournes coffers at the Exchequer ?
They say prices will fall below a £1 per Litre in January. The retailers were on very tight margins but not for the last 6 months where I imagine they've done very well. Will be good for all transport and courier companies too. The Arabs are desperately trying keep the Yanks out of the market, hence the drops., I'm not complaining in the short term though.
They say prices will fall below a £1 per Litre in January. The retailers were on very tight margins but not for the last 6 months where I imagine they've done very well. Will be good for all transport and courier companies too. The Arabs are desperately trying keep the Yanks out of the market, hence the drops., I'm not complaining in the short term though.
Indeed but he may pick up a bonus if the cost of some goods are lowered and spending increases as a result giving him a little 20% bonus on every vat bearing transaction ?!
Its all political (as always).....the drop in oil price is heaping extreme pressure on Putin & Russia....
The US want that to continue as long as possible....
However the Saudis & OPEC won't let the price fall last too long as it stats to hurt their margins.....They'll simply reduce output in the new year to ensure a recovery in price.....
The US are stuck between a rock & a hard place here....their production is at a 30 year high due to shale.....but their dollar is intrinsically liked to oil price & the dollar is overvalued at present.....
Makes my head hurt.....all I really know id that it currently costs less than £100 to fill up my van which is nice.....
....and all I really WANT to know is should I sell my gold yet....or buy more??