Halifax -1.7% MoM, 17.7% YoY, 22.6% down from peak.

mitchaa

inspector_monkfish wrote: »

fair do's....
just out of interest my friend, what industry are you employed in?

Oil and Gas/Aviation

dervish

mitchaa wrote: »

Oil and Gas/Aviation

no long term future in that...

somehwat non-renewable.

When we were at school we would told that coal and oil would run out by the 1990s!!!

PasturesNew

26 ... I can just about remember 26... you're immortal and the future's bright, bright, bright.

Stuff happens to other people. I'm bright, I'm doing well.. life's great.

26...

mitchaa

dervish wrote: »

no long term future in that...

somehwat non-renewable.

When we were at school we would told that coal and oil would run out by the 1990s!!!

My primary role is aviation, but working in an O&G environment.

A recent survey found that we had only extracted half the oil in the N.Sea so plenty left yet at todays estimates, and probably more with technology advances in the future (Deeper oil fields) However, even if you were to cut out oil and gas, aviation is always going to be there so i have myself covered pretty much

I could at the drop of a hat, revert to passenger airlines tomorrow if i liked, but £££ is better in the oil and gas sector. Ive got another 42yrs left in me before retirement, but im pretty sure we'll still be extracting O&G at that time.

inspector_monkfish

mitchaa wrote: »

I could at the drop of a hat, revert to passenger airlines tomorrow

trolley Dolly ?

dopester

mitchaa wrote: »

I could at the drop of a hat, revert to passenger airlines tomorrow if i liked, but £££ is better in the oil and gas sector. Ive got another 42yrs left in me before retirement, but im pretty sure we'll still be extracting O&G at that time.

Oil demand is down, and prices are under pressure. All this puts company profits under pressure, making companies examine pay levels, and the number of workers they require.

I'm reading more and more stories of massive inventory buildup.

http://www.telegraph.co.uk/finance/financetopics/oilprices/5122317/Tankers-anchor-off-Devon-waiting-for-oil-prices-to-rise.html

StevieJ

dervish wrote: »

no long term future in that...

somehwat non-renewable.

When we were at school we would told that coal and oil would run out by the 1990s!!!

And, considering I have just filled my car up, what is your point

ess0two

dopester wrote: »

Oil demand is down, and prices are under pressure. All this puts company profits under pressure, making companies examine pay levels, and the number of workers they require.

I'm reading more and more stories of massive inventory buildup.

http://www.telegraph.co.uk/finance/financetopics/oilprices/5122317/Tankers-anchor-off-Devon-waiting-for-oil-prices-to-rise.html

Demand is only a temporary hiccup.

Potential reserves are well under estimated.

carolt

Dan: wrote: »

I was just pointing out that renting is !!!!!! compared to home ownership, but it was intended to wind up carolt.

Forgive me.

But hang on...I thought renting was supposed to be great - that's why BTL landlords were doing everyone such a favour (entirely altruistically, of course :rolleyes:) by buying up reams of would-be FTB properties and renting them back to said FTB's. So that all those who really wanted to rent not buy could do so.

At least that's what they always claimed.

Oh, I feel so conned now.

You mean they were making it up all along????

JayScottGreenspan

mitchaa wrote: »

I could at the drop of a hat, revert to passenger airlines tomorrow if i liked, but £££ is better in the oil and gas sector.

Danger money?