Gasprices dropping! Yay!


jeppebm

Moderator
Hi Guys - we normally pay around 1.22£ to 1.26£ - pr liter 95 ledfree gas.

This weekend people get that at around 1.16£ pr liter :D

in danish kroner its from 11.50-12kr - down to 10.95 - so in my case living in Copenhagen (most expensive part of Denmark) its almost dropped 1.kr pr liter ... thats alot

How about you guys?
 

Ralph

New member
£1.29 round here NW UK but at least the 07 is not heavy on juice,
better than the bike I traded for it a Burgman 400.
 

TJ63

New member
I just filled mine up and only paid £1.249 a litre. Not been that low since end of 2010.
 
P

Peter

Guest
In Hungary it is dropped by 5% in the last couple of weeks. Worldwide trend...
 

sven11

New member
Canada and USA are exporting huge amounts due to limestone (belive that is the name) extraction. Also Russia is selling it cheap due to reduction in amount of natural gas they are exporting.


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sven11

New member
Additionally middle east refuses to lower the amounts produced in order not to lose market share. A circle that for once is playing in consumer favour


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Gaulois

New member
OPEC want to see how low US and Canada can sustain their higher cost production. The oil barrel cost about $80 right now . Some say the higher production cost Canadian sand tar can go as low as $60 a barrel. So we have a way to go.
Predictions are that it will keep on going down until spring.
One conspiration theory is that all this is calculated. It is made to hurt Russia for their involvement into Ukraine, as oil is what keeps the Russian economy at float.
 


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