Price of Oil/Petrol

Parisien

Moderator
Messages
34,927
Can anyone explain why during the hottest 3 weeks in 10 years why both of the above continue to rise, spoke to my local oil supplier, not one order for oil in last two weeks.........are we all the victims of speculators et al?

P
 

drewf

Member
Messages
7,159
Hmmmmmm - just had to order 2000 litres of heating oil this morning, and I wish it had been bought two weeks ago. I'm also at a loss to understand why the price has risen so dramatically in the last fortnight.
 

Parisien

Moderator
Messages
34,927
The prices in NI are usually quite a bit lower than on mainland........thats a hefty cheque you've written out!


P
 

Parisien

Moderator
Messages
34,927
There are oil clubs you can join to get better rates...........do check it out Drew


P
 

drewf

Member
Messages
7,159
Thanks Frank - already in an oil club, so we get decent prices compared to straight retail. That's 2000 litres just for my place - I've placed an order for 11000 litres for the group, but it seems we've lucked-out on the timing. Everyone expected the prices to take a dive with the heatwave. :(
 

2b1ask1

Special case
Messages
20,312
The oil companies are making hay whilst the sun shines and everyone is doing extra miles on holiday! They know that come the autumn it is (hopefully) time they get investigated for cartelling the prices over recent years.... D'ya think they have????
 

Parisien

Moderator
Messages
34,927
Lol.......we the public..........the tax payers........are the flock of Golden geese whom, the governments, multi-nationals and the banking system cull at regular intervals....why do we keep coming back for more??!!


P
 

ENZ525

Member
Messages
6,748
Middle East tension (from early July)...and a few supply issues, keeping prices ticking up...
luckily, its not cold, otherwise who knows where the price would be!