Record petrol prices thanks to Labour's Krazy Keynesian Policies

doire_2

Dont Liebor intened to introduce a planned 3 pence rise in petrol duty due to come in on 1 April?

HammerSmashedFace wrote: »

Just saw this on the news, unfortunately this is the new reality, any growth in the world's economies will see a corresponding rise in fuel prices. Make no mistake we are heading for a nightmare scenario over the next 10-15 years.

The situation will deteriorate very quickly, remember the fuel protests in 2000 ? We went from everything being hunky dory to panic, queues around the block at petrol stations and most worryingly empty food shelves within a week.

And just like an asteroid heading towards earth, the masses will not be told about it until you can see it for yourselves by looking up in the sky. The simple reason for this is to avoid panic and hysteria until the very last minute.

But as long as house prices go up by 0.7% then who gives a f@@k

HammerSmashedFace

amcluesent wrote: »

The Long Emergency: Surviving the Converging Catastrophes of the 21st Century

http://www.howitends.co.uk/2-the-future.php

That was my bedtime reading last year, reading it was like reality hitting you in the face with a sledgehammer, not for the faint hearted, but an absolute essential read, unless of course you subscribe to the 'head in the sand' mentality.

Cleaver

HammerSmashedFace wrote: »

That was my bedtime reading last year, reading it was like reality hitting you in the face with a sledgehammer, not for the faint hearted, but an absolute essential read, unless of course you subscribe to the 'head in the sand' mentality.

Or you prefer chick-lit.

StevieJ

Anyone care to explain this one to me

Though BP's profits fell by 45 per cent last year, on the back of crude oil price falls, it still managed to record a pre-tax profit of £8.75 billion.

http://uk.finance.yahoo.com/news/petrol-to-hit-120p-a-litre-as-motorists-mugged-by-oil-companies-tele-164275885dfc.html?x=0

lemonjelly

Mr_Mumble wrote: »

Savage public sector kuts are now needed to placate the EU and kurrency markets. Anything less and the fall in Sterling will lead to kommodity prices spiraling out of kontrol, the nightmare of stagflation - the 1970s kreation of the last lot of krackpot Keynesians - will be back. :eek:

I'm fondly reminded of my youth, & reading Kerrang in whsmiths, with their reviews kovering krazy and klassic rokk!:D

StevieJ

HammerSmashedFace wrote: »

That was my bedtime reading last year, reading it was like reality hitting you in the face with a sledgehammer, not for the faint hearted, but an absolute essential read, unless of course you subscribe to the 'head in the sand' mentality.

Behave

One thing that bothers me about the analysis is that every outcome is a catastrophe: major population loss due to starvation or disease? Catastrophe! Excessive human population? Catastrophe! Less fossil fuel available to burn? Catastrophe! We find more fossil fuel and release the CO2? Catastrophe!

StevieJ

Mr_Mumble wrote: »

The Times - Curb your spending, Brussels tells Gordon Brown

Guardian - Labour under pressure as Europe tells Britain: Cut deficit faster, deeper

BBC - Budget 2010: EU calls for faster UK deficit cuts
k. :eek:

When did the EU become the font of all knowledge for you Tories

BTW the report doesn't mention that cuts should be made straight away like Georgie wants.

Pete111

amcluesent wrote: »

>the masses will not be told about it until you can see it for yourselves<

I think the USA/Israeli strike on Iran's nuclear plants will be the wake-up call. There's a lot to be said for selling your petrol/diesel car now and getting a Toyota Prius while prices are depressed due to bad PR

>Make no mistake we are heading for a nightmare scenario over the next 10-15 years.<

The Long Emergency: Surviving the Converging Catastrophes of the 21st Century

http://www.howitends.co.uk/2-the-future.php

Just curious. Can you get Wifi in your bunker?

Chill out guys, the sun is shining! Hang on a moment...as well as making everyone that bit cheerier on a March morning it's also a massive and totally clean alternate power source......

I wonder if there are other such sources that you know, the massive, and not so very dumb energy companies might consider getting into and (just possibly?) begin to ramp up as other sources dwindle in the coming decades?

Just an idea of course....maybe they haven't even considered it.

david39

Two points to mention here - Remember when the governement took 2.5% off VAT at the end of 2008 - they put 2p per litre onto the Excise Duty on petrol and diesel so that the motorist did not get a reduction.

When they then put the 2.5% back onto VAT in January, they did not remove the 2p from the duty.

We have all forgotten this hidden 2p increase (which is now 2.35p, because of the VAT on the 2p).

Secondly, why do newspapers still price their petrol in gallons - we stopped using gallons years ago and a large proportion of motorists have never bought their fuel in gallons. It's just good for scary headlines.

Just report the facts in today's context, guys - £5.41 per gallon is £1.19 per litre - bad enough, but not quite so scary as £5.41

StevieJ

smamst wrote: »

I just hope that horse out in front is Dunguib, I'm going to lose a packet on the race tomorrow otherwise.

What price you got? it will win in a canter.