****in tanking it... How many users on not606 general chat work in the sector? Job losses ? Eh, its our oil after all.
John Kerry meets OPEC, oil prices start slumping. Obvious effort to hit Russia in its main revenue stream. They will stabilise and return to previous prices once the current slump has served its purpose.
Or a lot of private ****s just started extracting a lot more oil causing supply to increase just as demand had plateaued. http://www.eia.gov/todayinenergy/detail.cfm?id=12451 and http://www.houstonchronicle.com/bus...nies-are-making-more-big-deals-5812040.php#/0 The American Government does not have state control over the thousands of small companies that have popped up in the last few years, it's mostly a private market.
The Yes voters could not comprehend that oil prices fluctuate. And it's all downhill at the moment. Still they had kilts and tartan rugs to fall back on. ****in imbeciles.
The clue is in your own post, "fluctuate" - which is exactly what this is, a temporary fluctuation whatever the causes behind it. The world has passed peak oil, from now on in it is a diminishing resource. Simple economics will tell you as supply diminishes relative to demand then price increases. Simple downward fluctuation on an otherwise inexorable upward trend
Yes but the SNP based their revenues at an oil price of $140 dollars a barrel. There are tens of thousands of jobs at risk.
Yet when they are paying over £2 a litre at the pumps 5 years down the line it will probably be Salmond's fault as well
Salmond was THE reason the yes vote failed. Arrogant presumptious fat twat Master of his own downfall.
