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thomas davison Party Leader
Joined: 03 Jun 2005 Posts: 4018 Location: northumberland
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Posted: Sat Mar 03, 2012 5:23 pm Post subject: THE EVER RISING PRICE OF OIL IS DUE TO MARKETS GAMBLING |
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It is largely (a). Those financial institutions that operate on the Brent forward market regard it as a zero-sum game. Those that bet on the paper oil price going up, meet those that think it is going down and their bets cancel out. In fact, when fast money is moving in there are more of the former than of the latter and the price rises. It is called 'contango'. Since they don't actually need to collect or use the oil and its all paper, the only people actually paying the rising price are the end users. The oil companies are not going to complain as it increases profits, but it has less and less to do with the amount of oil available worldwide, just betting. The actual balance of supply and demand is called 'the fundamentals'. The hot money moving in is called 'market sentiment'
The cause of petrol rises is ultimately due to the amount of tax the government puts on, it can take it off if it wants but it knows the population of the UK, its tax slaves will not do anything about it.
When you cannot get to work and you cannot pay your mortgage i think people WILL do something about it.
If the 9000 people who lost their homes last year got together and went to the houses of parliament i bet the government would do something to their advantage. |
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Athelstan I Guest
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Posted: Sun Mar 04, 2012 11:13 pm Post subject: Re: THE EVER RISING PRICE OF OIL IS DUE TO MARKETS GAMBLING |
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thomas davison wrote: | It is largely (a). Those financial institutions that operate on the Brent forward market regard it as a zero-sum game. Those that bet on the paper oil price going up, meet those that think it is going down and their bets cancel out. In fact, when fast money is moving in there are more of the former than of the latter and the price rises. It is called 'contango'. Since they don't actually need to collect or use the oil and its all paper, the only people actually paying the rising price are the end users. The oil companies are not going to complain as it increases profits, but it has less and less to do with the amount of oil available worldwide, just betting. The actual balance of supply and demand is called 'the fundamentals'. The hot money moving in is called 'market sentiment'
The cause of petrol rises is ultimately due to the amount of tax the government puts on, it can take it off if it wants but it knows the population of the UK, its tax slaves will not do anything about it.
When you cannot get to work and you cannot pay your mortgage i think people WILL do something about it.
If the 9000 people who lost their homes last year got together and went to the houses of parliament i bet the government would do something to their advantage. |
When the Imperial Party comes to power, we must put laws in place to ban speculation, i also think we need global regulations to ban all forms of speculaiton. |
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2Anne
Joined: 04 May 2008 Posts: 399 Location: Norfolk
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Posted: Mon Mar 05, 2012 10:16 pm Post subject: Petrol Prices |
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Petrol or gas as they call it is even going up in price in the USA. This is a big shock to the Americans,many of whom drive gas-guzzlers.
OPEC is the reason for this. What a terrible pity that oil is found in Muslim lands. These idle cretins who live in a middle ages time warp contribute nothing to the world except terrorism and get hugely paid just because of a geological advantage.
The oil will run out sooner or later and its time we found some alternatives. |
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thomas davison Party Leader
Joined: 03 Jun 2005 Posts: 4018 Location: northumberland
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Posted: Tue Mar 06, 2012 8:52 am Post subject: |
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Yes I too thought the Arabs would get their come-uppence one day when the oil ran out but they are now putting solar generators in Tunisia, and the EU is paying, to generate electricity for Europe, you cannot win.
The only way to get the oil is to take it !!! Do we really want it? at the moment our whole economy is based on oil and it will not change as long as companies are making a profit from it, never mind this will blow up in their faces if there is a revolution here, and there should be.
If they would get a move on with Hydrogen power we would not need their oil nor electricity they would have to go back to the palm trees.
But there they have a massive problem , when i was working in the middle east 20 years ago, there was not as many Arabs as there are today and they could not feed themselves then.
The only thing that is going to happen, will happen, with the Arab uprisings are that it will become apparent that they cannot feed themselves nor buy in food as the world population rises. So what will they do? they will have to come to Europe for food, with or without weapons as they are doing now in their millions through Spain, 700,000 per year it seems, the Spanish use them to work on their veg farms then after a year give them papers so that they can go anywhere in Europe.
As they are already here in their millions, our country alone is supposed to have 3 million according to the government, they are not integrating and sspend the time having our laws changed to suit them and their religion.
I predict a war for our Land, food and water which started some years ago in Africa, this I feel has been their intention all along.
So what can we do about it? |
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2Anne
Joined: 04 May 2008 Posts: 399 Location: Norfolk
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Posted: Tue Mar 06, 2012 5:26 pm Post subject: Glass house industries and N.Africans |
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Over 30 years ago I recall finding an Arab family where the wife had just given birth living in a garden shed. Needless to say I was horrified and the family got rehoused by the council. This family were brought to the Uk to work cheap in the Glasshouse industry of west Sussex. Of course once they are in and get British nationality they head straight for welfare.
As far as sorting out the British immigration problem. Its too late. I am glad I shall be dead and not see the end result of allowing all this dross come in. We would actually need a Hitler with an agenda to expatriate millions to get the Uk back to how it was. |
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