Stop buying Brent Crude and buy the less expensive oil...
Well the UK and Europe are MAJORLY screwed in the next 5 years with oil
anyway. Russia has built and now owns all major oil supply lines to
Europe and to the UK, so they are going to be able to reclaim their
eastern bloc countries and majorly put the squeeze on the whole of
Europe in the coming years... the great bear is getting ready to awaken
again and we may all see the ressurection of the Soviet Union once again.
Philip Pemberton wrote:
On 08/04/11 20:23, Curt @ Atari Museum wrote:
oh wait, it already has, can't wait to fill
up on
$5/gallon gasoline from Brazilian extracted US oil....
Oh, we'd love to only pay $5/gal. Current UK prices are around the
?1.20/litre mark. One gallon is about 4.55 litres, giving:
4.55 * 1.20 = ?5.46 / gallon
Now we convert to US Dollars at the prevailing market rate
?5.46 * 1.63830 USD = $8.94512.
For sake of argument, let's round that up to $8.95.
I think I've made my point.........