Fuel price discussion thread (was ‘chaos’)

Simon · 2024-09-30T09:38:35+0100

Would be weird if you just paid yesterday

Shadowness · 2024-09-30T09:39:27+0100

Why is it so 'low' at the moment? I thought any conflict in the Middle East was an excuse to ramp it up.

Jonnycoupe · 2024-09-30T09:41:01+0100

Israel and Lebanon arent really oil producers, unless you are after cedarwood oil or olive oil. Lebanon does have refining capacity. Still a game of wait and see for the rest.

Terminal_Boy · 2024-09-30T09:44:27+0100

Semple said:
Problem is it's a double whammy when inevitably the prices go back up.

Westminster doesn’t care as long as they get their share of your money.

200sols · 2024-09-30T09:46:06+0100

Shadowness said:
Why is it so 'low' at the moment? I thought any conflict in the Middle East was an excuse to ramp it up.

US is the worlds largest oil producer by some margin now, Opec have lost their dominance and its reported the Saudis have decided to increase supply so they dont lose any more market share.