*OIL FALLS BELOW $90 ON CONCERN BANK CRISIS WILL HURT DEMAND
*OIL FALLS BELOW $90 IN NEW YORK FOR FIRST TIME SINCE FEB. 8 maybe petrol’s coming down.
There is no reason that oil should not be between $30-50 a barrel, apart from the greedy traders.
it costs $3-4 a barrel to extract from Nigeria…
but that is the cheapest oil in the world to extract…
There’s oil in my garden . . . couple of cans of Catsrol 
Didn’t cost me anywhere near that much.
Still we see blatant profitteering by the oil companies.
Prices at the pump haven’t come down anywhere near inline with crude price drops. Yet when as crude rose to it’s peak, forecourt prices followed as quickly and at significant rates.
The forecourt price SHOULD be just over a £1 a litre given the percentage rises with crude.
Do our wonderful government act?
oil should be 30 p a litre, the government adds 70p in duties THEY THEN SPEND THIS MONEY ON WAR IN IRAQ, PEACEKEEPING IN AFGHANISTAN AND SPEED CAMERAS IN THE UK…