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Scottish Referendum

Discussion in 'Politics, Religion and Ethics' started by Anon220806, Aug 31, 2014.

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  1. oss
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    oss Somewhere Staff Member

    Oil will stay at the current low until the Saudi's decide they have killed fracking, something they may well not succeed in doing but after that it will rocket again, it is a finite resource and can only become ever more expensive in the long term unless we wean ourselves off of it.
    oss, Jun 12, 2015
    #181
  2. KeithAngel
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    KeithAngel 2063 Lifetime Member

    Its not that low or at least fuel has crept up to £1.16/17 from £1.02 3 months ago
    KeithAngel, Jun 12, 2015
    #182
  3. KeithAngel
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    KeithAngel 2063 Lifetime Member

    It can be depended on to rise a look at any chart over the last 50 years will demonstrate that
    KeithAngel, Jun 12, 2015
    #183
  4. Anon220806
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    Anon220806 Well-Known Member

    This is very true. I have been an avid oil price watcher for the last 35 years and that has been the case. The question is how much longer will that trend continue.

    Its up at a more buoyant 65 USD a barrel of Brent Crude now. Better than it was.
    Anon220806, Jun 12, 2015
    #184
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  5. Anon220806
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    Anon220806 Well-Known Member

    Yes. Or at least keep fracking at bay.

    Conoco Phillips have pulled out of fracking in Poland, as of today.
    Anon220806, Jun 12, 2015
    #185
  6. Anon220806
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    Anon220806 Well-Known Member

    I noticed quite a number of houses with solar panels fitted during our venture into North Wales.

    And also noticed that they intend to crack on with tidal lagoon in Swansea Bay.
    Last edited: Jun 12, 2015
    Anon220806, Jun 12, 2015
    #186
  7. oss
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    oss Somewhere Staff Member

    The more the merrier John, I was worried about the supply of rare earth's for solar panels but the China restriction crisis of a few years ago seems to have been alleviated by market forces i.e. new mines in the US and elsewhere.
    oss, Jun 12, 2015
    #187
  8. Anon220806
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    Anon220806 Well-Known Member

    Anon220806, Jun 12, 2015
    #188
  9. oss
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    oss Somewhere Staff Member

    Yeah I think someone posted about the lithium?

    They have some kind of salt lake that is full of the stuff and could do billions of big batteries?
    oss, Jun 12, 2015
    #189
  10. Anon220806
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    Anon220806 Well-Known Member

    Yep
    Anon220806, Jun 12, 2015
    #190
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