Viking Supporters Co-operative

Viking Chat => Off Topic => Topic started by: River Don on April 08, 2011, 04:27:42 pm

Title: The Price of Oil
Post by: River Don on April 08, 2011, 04:27:42 pm

Take a look at this scary graph:

http://www.bbc.co.uk/news/business/market_data/commodities/143908/intraday.stm

Today the price of a barrel of oil has gone above $125, we're getting into the territory where the economy' can nae teck it noo more captain.'

The price of oil spiked at $150 a barrel just before the economic crash in 2008. We're in real bother if something like that happens again, no more bail outs the cupboard is bare.

I'm going to be keeping a wedge of dough under my bed just incase the cash machines stop working. And plenty of tinned food in the kitchen too.

Title: Re: The Price of Oil
Post by: RedJ on April 08, 2011, 04:52:17 pm

You know, we were literally hours away from banks having to close their doors last time around. We're still buggered (partly down to Super Gid's plans..) and I hate to think what could happen if we go down again..

Title: Re: The Price of Oil
Post by: I-was-there1976 on April 08, 2011, 05:41:08 pm

we ve just given Pakistan £900 million zillio or summat. Cant we have it back ?

Title: Re: The Price of Oil
Post by: River Don on April 08, 2011, 05:42:56 pm

It's going up $4 a week. I make that $150 by mid May.. And bust!

EDIT: Scratch that, it's gone through $126 today and still climbing. That's a $3 rise in one day if it carries on like this we'll be at $150 much sooner.