Because oil prices have very little bearing on what's actually paid for oil
as far as I can see.

Also, because we have to pay for the Meerkans being fucktards over Deepwater Horizon somehow.
( the mighty badger Aphrodite, on a bar stool, by your side, Tue 12 Mar 2013, 15:32, 2 replies, latest was 12 years ago)

Do you reckon that's got something to do with it?
Or are you just being facetious?
( Kroney, Tue 12 Mar 2013, 15:34, Reply)

what, the oil prices thing?
I though all the oil companies did this shit through futures trading or sutin. I dunno.

Companies paying massive fines has a fair bit to do with it, aye
( the mighty badger Aphrodite, on a bar stool, by your side, Tue 12 Mar 2013, 15:36, Reply)

Comodities traders all bet the price will go up.
that makes the price go up.
(PsychoChomp, Tue 12 Mar 2013, 15:41, Reply)

Do companies not enter into contracts to buy oil at this higher price some time in the future, too?
Or do I imagine this kind of shit?
( the mighty badger Aphrodite, on a bar stool, by your side, Tue 12 Mar 2013, 15:42, Reply)

Well the commodity traders buy all oil production from 2015-2020 from one oil field
then split it up and sell it on for a profit, thats bought by hedge funds etc, they mix and match and sell it on for a profit, then other people do it again. By the time it's actually sold to the refiners a dozen people/entities have taken a cut.
(PsychoChomp, Tue 12 Mar 2013, 15:46, Reply)

Same with coffee/ores/corn anything that gets shipped around to be honest.
Middlemen are the problem.
(PsychoChomp, Tue 12 Mar 2013, 15:53, Reply)

To my incredibly uninformed mind
it seems that we must have the same conditions for natural, renewable energy production in Scotland that they have in Norway, so surely we could wean ourselves off fossil fuels in a matter of decades?
( b3th Not shit. Not mod., Tue 12 Mar 2013, 15:34, Reply)

You can't run a car off wave power
and don't give me that shit about electric cars. They're for girls and gays. I need throbbing pistons under my bonnet. I'm not gay I swear.
( Kroney, Tue 12 Mar 2013, 15:36, Reply)

I didn't necessarily mean cars
but if we ran our mains electricity from natural sources, there'd be more fuel around for petrol.
( b3th Not shit. Not mod., Tue 12 Mar 2013, 15:37, Reply)

We don't run powerplants on petrol.

(PsychoChomp, Tue 12 Mar 2013, 15:40, Reply)

But we do run them on oil, though?
Oil that could be used to make more (and therefore cheaper) petrol, if the power stations ran on something else.
( b3th Not shit. Not mod., Tue 12 Mar 2013, 15:43, Reply)

If we stopped being cunts about nuclear power everything would be fine.

( the mighty badger Aphrodite, on a bar stool, by your side, Tue 12 Mar 2013, 15:44, Reply)

I'd welcome nuclear power.
It's easily the best solution, but people are so fucking paranoid over it.
( Kroney, Tue 12 Mar 2013, 15:47, Reply)

I think they should just nationalise Nuclear power.
Run it as a non profit making out of the dept of energy and sell the electricity off to the private sector.
(PsychoChomp, Tue 12 Mar 2013, 15:47, Reply)

Why aren't we in power?

( b3th Not shit. Not mod., Tue 12 Mar 2013, 15:49, Reply)

In both your cases? Do you really want to know?

( the mighty badger Aphrodite, on a bar stool, by your side, Tue 12 Mar 2013, 15:49, Reply)

I'm too pretty for the Commons.

(PsychoChomp, Tue 12 Mar 2013, 15:50, Reply)

I'm too senile.

( b3th Not shit. Not mod., Tue 12 Mar 2013, 15:53, Reply)

You can run it off hydrogen.
Which you can get from electrolysing water.
(PsychoChomp, Tue 12 Mar 2013, 15:40, Reply)

If you need one teaspoon of hydrogen a year.
Which is a little low for our requirments.
( the mighty badger Aphrodite, on a bar stool, by your side, Tue 12 Mar 2013, 15:42, Reply)

We don't have anything like the hydro capacity
And most green energy in Norway is hydro.

Plus, we're obsessed by wind and wave/tidal power. Which is, to use a scientific term, "fucking shit"
( the mighty badger Aphrodite, on a bar stool, by your side, Tue 12 Mar 2013, 15:39, Reply)