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PostPosted: Sun Mar 06, 2011 8:15 pm 
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grandad wrote:
The problem is when it costs more to get the stuff out of the ground than you can sell it for.


I beg to differ.

In Venezuela its 2p per Litre of Petrol & 2.5p for Diesel

http://www.thesun.co.uk/sol/homepage...cle1463274.ece

They are sitting on 100billion barrels of oil. The 5th largest reserves in the world.

They don't just make Petrol and Diesel from Crude Oil, Petrol and Diesel is only a sideline for the Oil companies.

there are many things crude oil can be made into like.

1. Fuels:
Gasoline/Petrol
Liquified petroleum gas (LPG)
Naptha
Kerosine
Gasoil
Fueloil
Methane

2. Lubricants
all oil-based lubricants come from crude oil.

3. Asphault
pavement for paving roads is derived from "heavies" in crude oil.

4. 4,000 petrochemical byproducts:
ethylene
propylene
butadiene
benzene
ammonia
methanol

5. Many products can be directly converted into renewable resources (for example)
Methane recovered from crude oil can be converted into Hydrogen through hydrogen reforming.

6. General products:
plastics
synthetic fibres
synthetic rubbers
detergents
chemical fertilisers

As you can see Petrol and Diesel account for only a small portion of the oil companies profits.

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PostPosted: Sun Mar 06, 2011 9:06 pm 
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yes, but you cant make ALL of those out of the same barrel of crude oil, some are "one or the other" decisions

id wondered why diesel (an oil) is dearer than petrol (which as a spirit takes more to obtain from oil) and i hadnt considered the fact that they get LESS diesel out of a gallon of crude than they can petrol, hence the higher price

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PostPosted: Sun Mar 06, 2011 10:01 pm 
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wannabeeahack wrote:
In France, the goverment sets the price for cigarettes, why cant HMG set the price for fuel here?


They also set the price of beer, and fuel, its the same price in the north as it is in the south, there diesel is also 10p cheaper than petrol to keep inflation down

Shell and esso now 140.9 three increases in a week :shock:


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PostPosted: Sun Mar 06, 2011 10:23 pm 
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My post was refering to the cost of extracting coal from the ground to make petrol and diesel after the post stating that we have 200 years supply of coal. Nothing to do with the ammount of oil anywhere in the world.

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PostPosted: Sun Mar 06, 2011 10:59 pm 
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grandad wrote:
My post was refering to the cost of extracting coal from the ground to make petrol and diesel after the post stating that we have 200 years supply of coal. Nothing to do with the ammount of oil anywhere in the world.


theres plenty of coal but the easy to get stuffs been gotten

even your nearest pit is shut now, the vale of bevoir?

all that coal was right under Belvoir castle and the pit-owner who owned the castle didnt know

if Belvoirs 15ft seams arent economical to dig out they wont go after the 44" seams we had

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PostPosted: Sun Mar 06, 2011 11:40 pm 
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So what was it?

Predictions of £4 a litre or is it £2 a litre? Thats one hell of a difference.
At £2 a litre I could still work, albeit I'd have to do a few more jobs, but at £4 a litre, forget it, that would be £140 a day in fuel.

No can do.


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PostPosted: Mon Mar 07, 2011 10:55 am 
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£4 a litre, i am paying £100/PW at £1.35 right now

£4 would make my fuel bill £296 to take £600 off my contract

nope, id rather park up

even £2 (£145 a week) would be dodgy

have to claim more WTC

:lol: :lol: :lol: :lol:

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PostPosted: Tue Mar 15, 2011 2:01 pm 
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[quote="bloodnock"]It need'nt be so, Britain has around 200 years worth of coal reserves going unused and unmined. the Technology has existed for years to convert Coal into Oil which is suitable for refining into Petrol and Diesel.

[quote]

My inderstanding is that the fisher Troph process can make Petrol and diesel out of any organic matter not just coal domestic rubbish old tyres even unbiodegadeable carrier bags all you need to do is build a gassification plant and an alkylation palnt to reform the gases into petrol and diesel trouble is that it will not be economically viable to oil companies unless there are nice big fat government subsidies or the proce of petrol and diesel reaches a level at which the technology becomes worth investing in which might be very soon ! Rubbish alone could probably provide up to a third of uk fuel needs and its technology which dates back to WW2 ! so it ought to be straightforward to build plants


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PostPosted: Tue Mar 15, 2011 11:37 pm 
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Im buying one of these..it gives a more precise fuel reading


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PostPosted: Fri May 06, 2011 12:44 am 
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Well world prices have dropped a whopping $15 a barrell in the last week.

The current rading price is now under $100.

Lets see how many weeks it takes for them to reduce it by a penny, when it's rocketed by nearly 10 p in the last couple of months.


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PostPosted: Fri May 06, 2011 1:32 am 
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I dont know why but, Shell and Esso have just increased there unleaded prices but left there diesel unchanged
so Petrol at 139.9 and diesel at 142.9 that's the first time for ages that there is only a 3p difference
I wonder if its to do with the warm weather and folk not needing as much heating oil???


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PostPosted: Fri May 06, 2011 7:45 am 
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Location: A Villa in Aston NO MORE!
Still 146.9p a litre for diesel at one or two garages in Brum.

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PostPosted: Sun May 08, 2011 3:19 am 
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One lonely Shell Garage in East London is down to £1.37 for Derv.

A glimmer of hope of some stability?

My local Shell responded to the decrease in the wholesale price of Oil, by increasing Derv by 1p to £1.40.

Tossers.


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PostPosted: Sun May 08, 2011 3:22 am 
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The phrase 'Fuel protests' are now being banded about by a bored London Media, LBC 97.3 in particular. Apparantly protests are expected this / last (?) weekend at some refinery in Ellesmere Port.

So just watch as every looney rushes out to fill up every container they own if it makes the main news tomorrow. :roll:


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PostPosted: Sun May 08, 2011 10:13 am 
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grandad wrote:
My post was refering to the cost of extracting coal from the ground to make petrol and diesel after the post stating that we have 200 years supply of coal. Nothing to do with the ammount of oil anywhere in the world.


The technology now exists to use gasification you don't have to mine the stuff any more just drill a couple of pipes into it turn it into co2 and methane and convert that into whatever fuel you need in fact I don't know why they aren't extracting the CO2 from the atmosphere and converting that back into fuel oh I forgot the massively high cost of energy in this country which is needed to carry out these processes

The truth is that converting coal/biomass/co2 etc into fuel is possible BUT not at prices below £2 to £3 a litre if you double the price of the fuel all these technologies will become viable

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