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Debate House Prices


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Poor Shape of the economy

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Comments

  • Markyt
    Markyt Posts: 11,864 Forumite
    Oil price is coming down today.
    Add to this the weakening dollar (major component in oil price increase)

    The dollar is rising following the rate cut, hence the fall in oil prices. That and the end of a week long strike in Nigeria.
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    Markyt wrote: »
    The dollar is rising following the rate cut, hence the fall in oil prices. That and the end of a week long strike in Nigeria.
    Agreed, but it's not expected that the dollar will remain strong for long
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • dopester
    dopester Posts: 4,890 Forumite
    I don't think that they have managed to "secure an efficient, economic and regular supply of petroleum to consumers"
    They probably have fulfilled the mission to provide "a steady income to producers and a fair return on capital to those investing in the petroleum industry."

    I think you should cast your net wider still.
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