$200 a barrel for gogo juice

[scracha]

http://news.bbc.co.uk/1/hi/business/7370441.stm

Hey..nice to see my little $hithole of a hometown has affected the world economy.

[rainman]

Yeah, this is one of those things I really hope to be wrong about, but I reckon we're in for some XXXL shit over the next little while...

[TLDV8]

Hmmm :confused:

<img src=http://i11.photobucket.com/albums/a199/don_veto/mad_max/madmax.jpg>

[Mike748]

Yip, I hate to be negative but fark!! there is so much uncertainty going on that we could easily experience a big downturn in the economy combined with the spiraling cost of living.

I have to wonder though as to whether the oil compaines engineered a strike to push the price up.:sweatdrop

[scracha]

I have to wonder though as to whether the oil compaines engineered a strike to push the price up.:sweatdrop

Umm...naw. Spoke to my mates...generally BP treated their workers well. These new arseholes that run the plant are complete cunts by all accounts.

[Mike748]

Umm...naw. Spoke to my mates...generally BP treated their workers well. These new arseholes that run the plant are complete cunts by all accounts.

I have no basis to disagree other than a suspicious mind.

I find it hard to believe that an oil company making mega profits would suddenly find a dispute over pensions worthy enough to allow a strike to go ahead. In a typical comercial situation the lost production and loss of market share would more than pay for the cost of a negotiated settlement.

If the price per barrel stays up after this dispute then BP will score big.

[scracha]

If the price per barrel stays up after this dispute then BP will score big.

Perhaps, but BP don't run the Grangemouth refinery anymore.

[Boob Johnson]

Perhaps, but BP don't run the Grangemouth refinery anymore.
That & OPEC are the nasty oil merchants. They are the orrible bastards that control the stuff

[huck farley]

Yes you don't have to be a rocket scientist to realise what the future hols in store for us, But I have worked out the over the years how our maths have tried to keep up with rising costs and here's what I recall and predict.

The Evolution of New Zealand Mathematics Teaching

1. Teaching Maths In 1970
A logger sells a truckload of timber for $100.
His cost of production is 4/5 of the price.
What is his profit?

2. Teaching Maths In 1980
A logger sells a truckload of timber for $100.
His cost of production is 4/5 of the price, or $80.
What is his profit?

3. Teaching Maths In 1990
A logger sells a truckload of timber for $100.
His cost of production is $80.
Did he make a profit?

4. Teaching Maths In 2000
A logger sells a truckload of timber for $100.
His cost of production is $80 and his profit is $20.
Your assignment: Underline the number 20.

5. Teaching Maths In 2008
A logger cuts down a beautiful forest because he is selfish and inconsiderate and cares nothing for the habitat of animals or the preservation of our woodlands.
He does this so he can make a profit of $20.
What do you think of this way of making a living?
Topic for class participation after answering the question: How did the birds and squirrels feel as the logger cut down their homes? (There are no wrong answers.)

6. Teaching Maths 2018
أ المسجل تبيع حموله شاحنة من الخشب من اجل 100 دولار. صاحب تكلفة الانتاج من الثمن. ما هو الربح له؟

Scary aint it.

[scracha]

لانتاج من الثمن. ما هو الربح له؟

Scary aint it.

What's scary? The fact they've spent decades farming/logging in an unsustainable fashion or the fact they're still doing it?

[firecrab]

That & OPEC are the nasty oil merchants. They are the orrible bastards that control the stuff


And hedgefunds that speculate on the price of oil.

[Macstar]

It's an interesting game of changing public perception i.e. get enough reports in the media saying oil could reach $XXX and eventually it becomes a reality.

The question is: How many of the so-called economic & oil and gas experts making these predictions are independent and free from oil interests i.e. not on the payroll in some shape or form...?

I personally think it's a bewildering, yet ingeneous scam!

[Boob Johnson]

It's an interesting game of changing public perception i.e. get enough reports in the media saying oil could reach $XXX and eventually it becomes a reality.

The question is: How many of the so-called economic & oil and gas experts making these predictions are independent and free from oil interests i.e. not on the payroll in some shape or form...?

I personally think it's a bewildering, yet ingenious scam!
Nail on the head guvna...............A SCAM!!! :angry2:

[Mike748]

It's a scam and a balancing act, produce less for higher profit but not making it too expensive so that development of an alternative is still expensive.

If you know what I mean?

[_intense_]

Hmmm :confused:

<img src=http://i11.photobucket.com/albums/a199/don_veto/mad_max/madmax.jpg>

laugh? i nearly died... seriously though.