Forum | Oil up over 20% today by ElderGrizzly

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Oil up over 20% today 22:29 - Mar 8 with 1903 views

ElderGrizzly

Now at just under $110 a barrel.

Art of the deal…

Oil up over 20% today on 18:09 - Mar 9 with 165 views

RetroBlue

So why has fuel at the pumps gone by up, somtimes, nearly 30p per litre, seemingly overnight, when the oil in the petrol station tanks, tankers and oil depots around the UK were bought at a vastly lower price per barrel. Some weeks/ months ago?

Profiteering pure and simple.

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Oil up over 20% today on 18:18 - Mar 9 with 142 views

LeoMuff

Oil up over 20% today on 23:53 - Mar 8 by ElderGrizzly
Don’t worry. Donny says it will all be ok…

I thpuhht the nuclear threat was ended in June ? Donny was adamant

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Oil up over 20% today on 18:23 - Mar 9 with 126 views

benrhyddingblue

Oil up over 20% today on 10:28 - Mar 9 by ElderGrizzly
Aren't they meant to be changing how electricity prices are set soon? Isn't it currently set at the highest price of the fuel used to generate it?

You are correct. There are/were plans in the UK to try and decouple renewables pricing from this so that we could actually benefit from cheaper renewable power (solar and onshore wind) but I’m not sure where those plans are currently. Used to cover renewables for work but haven’t for several years now.

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