Big rise in petrol/diesel prices on the way

[Coalman]

We need to go back to reliance on Coal, at least we have lots of working coal mines and so do not have to be crippled by depleting reserves in North Sea.

Sounds good to me!!

We have lots of potential coal mines though. Depends on cost / return.

[Mich the Tester]

As for dwindling reserves in the North Sea thats a load of bull, there is enough there for at least 3 decades but will require increased investment from the oil majors.

Why would the oil companies invest in the British sector if they get windfall taxes slapped on the profits by Liarbour?

[Mich the Tester]

Sounds good to me!!

We have lots of potential coal mines though. Depends on cost / return.

Again, if anyone invested in them and then made a profit that Mr Brown deemed unreasonable, they’d have a windfall tax or some other retrospective tax levied on them. Much easier to extract coal in some turd world tuliphole where the government officials can be bribed in a reasonably affordable manner.

[Coalman]

Again, if anyone invested in them and then made a profit that Mr Brown deemed unreasonable, they’d have a windfall tax or some other retrospective tax levied on them. Much easier to extract coal in some turd world tuliphole where the government officials can be bribed in a reasonably affordable manner.

Agree with that.

Its surprising to say that the Tories would probably be good for the coal industry! Which is hard to say having lived through the 80s.

I doubt any investment in coal mining or oil will occur for about another 5+ years as there are plenty of cheaper alternatives. But China has / is planning to shut down alot of its smaller coal mines. This will raise the global price a bit.

[Pondlife]

Why would the oil companies invest in the British sector if they get windfall taxes slapped on the profits by Liarbour?

Better than spending all the money on investment only to have the government cancel your visas and imprison your execs until you hand it over to the state.

TKN-BP for example.

[Gonzo]

Look on the bright side.

Has anyone calculated how much the increase in price will reduce global warming?

[Churchill]

Look on the bright side.

Has anyone calculated how much the increase in price will reduce global warming?

There's no such thing as man-made global warming.

[Mr.Whippy]

Says the rep from HMRC.

Thanks for your valuable input

[SantaClaus]

What you need is one of these:

http://www.teslamotors.com/

I can just see the envy on the faces of Islington Luvvies when you cut up their stupid G-Wizz at the lights.

[MarillionFan]

The cost of commuting is going through the roof. I have been thinking about changing cars to some kind of hybrid, but I have no idea what type/what the cost is.

Has anyone seen a site that does a comparison of mileage costs/travel/depreciation on hybrid versus normal cars?