PHOTOGABBLE // BLOG POST

Oil price goes below $50/barrel.

November 20th, 2008

As reported on the bbc website, Brent crude oil has dropped in price to below $50 (£33.60 apx) not that we should all be getting too excited about that because it would require oil prices to remain below that price for a length of time before the savings where passed on to consumers. Last night I bought a tanks worth of petrol from the cheapest petrol station in Coventry for 90.1pence per litre the cheapest I have seen it sold anywhere in at least a year. However considering back in June and July when the price of oil was at its highest, petrol was just over £1.20 a litre, there hasn’t been all that much a difference at the pumps – barely 30pence actually. If I see petrol prices drop below 89pence a litre then I may become a little less pessimistic.

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Tags: $50, 2008, oil price, petrol

One Response to “Oil price goes below $50/barrel.”

1. sam says:

   November 20, 2008 at 5:38 pm

   y o y

   this is not write
   what can we do about it
   lets tell everyone to walk
   yah

   the news finishes!!!!!!!!!!!!!

   you were good
   thanks
   you were good tooooooooooo
   you are pritty
   thanks
   i love you
   i love you tooo babes

   in the girls house

   babe take off your clothes
   i will but you have too take them off
   ok lets do it

   they have sex !!!!!!!!!!!!!!!!!!

   Reply