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Thread: The slug browed man does it again - petrol to soar in price!

  1. #17
    Senior Member oolon's Avatar
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    Re: The slug browed man does it again - petrol to soar in price!

    The graph shows price of oil in dollars and price of petrol in pence. It fails to show any graph for the pound dollar, the pound has dropped to less than 3/4 the value it was verses the dollar in the same time period.
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    Banhammer in peace PeterB kalniel's Avatar
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    Re: The slug browed man does it again - petrol to soar in price!

    Quote Originally Posted by oolon View Post
    It fails to show any graph for the pound dollar, the pound has dropped to less than 3/4 the value it was verses the dollar in the same time period.
    Good point, so prices have gone up even less in real terms.

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    Senior Member oolon's Avatar
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    Re: The slug browed man does it again - petrol to soar in price!

    Quote Originally Posted by kalniel View Post
    Good point, so prices have gone up even less in real terms.
    Sorry the other way around, at the 2008 high 140 dollars $2 to a pound thats £70 a barrel, now its 80.7 and the pound is 1.53. Which is £52.7 a barrel. Ok lower than the previous peek but alot closer than the 1/2 the price it might seem.

    Pound Dollar cross for 3 years


    Brent Crude price for 3 years


    Personally I think if you can't beat them you can at least by shares in them!
    Last edited by oolon; 16-03-2010 at 10:35 PM.
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