Just reading about how speculators are apparently 'determined to push to price of oil over $100 per barrel'. That will result in petrol price increasing to at least £1.30

I thought wouldn't it be fantastic if the consumer fought back, a global 'driver strike' whereby people try to minimise their consumption of fuel in the short term, until the speculators lose millions on their oil futures and the price drops back!

Makes my blood boil that these b s are just playing with the price of oil, and we're paying for their bonuses!

Would a driverstrike work? I'd have thought if it gained enough momentum it would work pretty well, since it would set the speculators against eachother, some would start betting on the price falling! Range Rover-less at the moment - Pining!

It's nice in theory - but I still have to go to work etc so not sure how I could limit the petrol I use. I could turn my FBH heater off I suppose. Then again, maybe not. 

i'm doing my bit by not using my petrol lawnmower...  2004 black Vogue TD6

You only have to stand by a busy motorway, then imagine how many cars are on the go at any one time to begin to wonder how on earth they produce enough fuel to make it possible.

It would work if co-ordinated well enough, but you would have to involve millions of folk to hit them where it hurts.

It was protest outside refinneries last time around that got the attention of number 10... going back to my first paragraph.. if the supply chain fails... then people can't go anywhere anyway. At least thats my observation of historical fact. The down side it the effect on peoples livelyhoods, transport companies for example are already on the edge. Lost work due to insufficient fuel is enough to send them to the wall. Not to mention hospitals, lack of heating fuel ..etc etc etc.

Nightmare.  2010 Disco XS TDV6, 2009 Freelander 2 GS

Previous Landrover products -1990 110 TDI CSW, 2003 TD6 Vogue - RRC TD Vogue, RRC v8 Fleetline, Disco ES V8 LPG, 101 Ambulance "Morph", 1964 SIIa Auto Powered by Jag 4.2 Lump - "Percy".

I think it could work well, for example if enough people did it, just a 10% drop in demand for fuel could mean that the oil speculators could get severely hurt by a drop in the wholesale price, wouldn't that be lovely! Would only need to be for a week or so. In fact if the campaign got enough momentum it could succeed before it began since oil futures could drop just if the speculators believed the campaign could be successful. In these days of social networking I think it could work pretty well!

Anyway in the meantime, if you have the slightest feeling that you'd rather not see the arrival of the £10/ gallon (we'll probably see £6/gallon within a month), please sign this petition http://www.fairfueluk.com/ Range Rover-less at the moment - Pining!

I'm doing my bit, cycling to work.
Need the fitness , plus when I looked at my finances my fuel bill was my second biggest outlay after my mortgage. So started the year (when fuel prices went up) determined to cylce to work. So far instead of £50 per week, It looks like £50 will last me 3 weeks!

Also I like sticking two fingers up to the government and it's taxes!

It is all anyway. It is standard market practice to blame speculators for a move in prices that one doesn't like.

I rather suspect that a cold winter in the US and Europe and billions of Chinese and Indians beginning to consume oil in as profligate a manner as us Westerners is the real underlying cause. It won't go away. We won't see petrol below £1/l ever again and it will rise inexorably until it prices people out of the market. What is annoying is that we need a global consumption tax - here we pay a lot of tax so worry about fuel prices. In the US it is taxed very lightly and so running an inefficient car is cheap - so most people do.

Emperor Mong wrote:

It is all anyway. It is standard market practice to blame speculators for a move in prices that one doesn't like.

I rather suspect that a cold winter in the US and Europe and billions of Chinese and Indians beginning to consume oil in as profligate a manner as us Westerners is the real underlying cause. It won't go away. We won't see petrol below £1/l ever again and it will rise inexorably until it prices people out of the market. What is annoying is that we need a global consumption tax - here we pay a lot of tax so worry about fuel prices. In the US it is taxed very lightly and so running an inefficient car is cheap - so most people do.

What a load of b hit. Firstly do you deny the news reports that speculators are determined to push the price of crude oil over $100 per barrel? If so you're in denial of reality. It's gone up from $70 just months ago, demand hasn't gone up that much, and it'll come down when they've taken their profits.

Secondly, what's this c p about profligate use of oil? Any Range Rover owner can be accused of profligate use of oil, but it's a stupid accusation based on the absolute b ks pedalled by the 'climate change' lobby. Eco-menatalists are always on about 'profligate' use of oil, but with the prices we have to pay of course we're not profligate. We use fuel for heating when we need to be warmer, we use it as a propellant when we need to move, how does that make us profligate? At the same time we in the West invest billions of pounds annually to make use of fuel in both contexts more efficient.

If you don't like use of inefficient cars, then with all due respect what are you doing in a Range Rover forum? Range Rover-less at the moment - Pining!

bozmandb9 wrote:

I think it could work well, for example if enough people did it, just a 10% drop

Can you write a letter to my boss explaining that every other Friday I'm not going to come in to work then? You will also need to write one to my mortgage company explaining why I cant afford to pay the mortgage.

I don't pour petrol down the drain or spread it on the garden! I use 100% of the petrol I use - if I were to only use 90% of my current usage I would have to - not use the car?


It's all very well and good - but back in the real world, where the gov takes 75% or whatever it is of that £1.30 they are the ones that need to be lobbied. Don't get me wrong I'm a conservative through and through, but where is the fuel stabiliser as pledged in their manifesto!? 

No one else ever mentions the fact that with £1.30 per litre of fuel it's only really about 30pence that actually goes on the fuel itself. The rest is made up of taxes and VAT. Surely a better way would be to lobby the govmt to drop the fuel tax to reduce the cost..?

Obviously this won't happen easily (or maybe ever)

It also grinds me that the govmt put such prices up in order to "curb useage". Of course this is not going to happen and they know it. At least not for the majority. We simply accept the new price, moan about it but accept it none the less and go on our merry way.

They do the same with the price of cigarettes (an other things) in an attempt to "stop people smoking" when the reality is they will just collect more money. Want to stop them smoking (and I am a smoker), then make a packet of cigarettes £50 each. That will stop them (it would me) but they don't want to do that as they'd lose so much revenue.

Same with fuel I'm afraid.! Ash
------------------------------------------------------
2016 SDV8 AB

Dan - we must have been typing at the same time..! (or did I take too long to think and write my post)  Ash
------------------------------------------------------
2016 SDV8 AB

dan_uk_1984 wrote:

but where is the fuel stabiliser as pledged in their manifesto!?

bozmandb9 wrote:

What a load of b hit. Firstly do you deny the news reports that speculators are determined to push the price of crude oil over $100 per barrel? If so you're in denial of reality. It's gone up from $70 just months ago, demand hasn't gone up that much, and it'll come down when they've taken their profits.

bozmandb9 wrote:

Secondly, what's this c p about profligate use of oil? Any Range Rover owner can be accused of profligate use of oil, but it's a stupid accusation based on the absolute b ks pedalled by the 'climate change' lobby. Eco-menatalists are always on about 'profligate' use of oil, but with the prices we have to pay of course we're not profligate. We use fuel for heating when we need to be warmer, we use it as a propellant when we need to move, how does that make us profligate? At the same time we in the West invest billions of pounds annually to make use of fuel in both contexts more efficient.

If you don't like use of inefficient cars, then with all due respect what are you doing in a Range Rover forum?

Only £1.30p ?
I was expecting it to go higher than that.

China is also a HUGE expanding market for cars etc... the demand for oil there is going to go absolutely bonkers.

The Beano, is that not real life? Oh b r  Ian