oil rise again : $140 a barrel now and expected to hit $170 within 2 months

[Bugz]

2) There's an offer on, which means everything else in the shop is more expensive to compensate for it. If I don't buy the item on offer my bill is actually larger than it would be, and if I do, it's the same price as it would of been anyway.

That's not right lol.

The market mechanism for shopping is quite simple.

Supermarkets are out to make a profit. They are willing to sacrifice profit on some brands for more purchasing power onto the others. Having Jaffa Cakes on offer will not cause increases in other food products to compensate. Can you imagine them changing the price every week because a different brand is on offer lol.

Oh and what you have been ON THE MAJORITY seeing is increases in prices for necessities. Supermarkets do not make major profit on necessities. It is often the necessities and their price and availability which bring customers to the store. Thus, they are the most competitive products between companies.

 

[Manisch Depressiv]

Carbon fiber cars, higher oil usage efficiency, wind and sun power would remove a lot of the oil dependency.

No reasons to go to war then though for the US then.

 

[Imgormiel]

and this is why dont i want to insure my car ;p

This is why i didn't learn to drive

 

[Imgormiel]

Do you want me to starve to death?!

Yes! xD

 

[haarewin]

Supermarkets are out to make a profit. They are willing to sacrifice profit on some brands for more purchasing power onto the others. Having Jaffa Cakes on offer will not cause increases in other food products to compensate. Can you imagine them changing the price every week because a different brand is on offer lol.

and special offers are agreed with the suppliers. if they are giving the consumer 3for2 on something, the supermarket is getting 3for2 (or better) off the supplier.
i'll talk about something i'm certain on. electrical products: when there is a 1/2price offer on a shaver, the shop will be buying it for 1/2 cost price from the supplier. and they will all still be making a profit on it.
own brands are the most profitable brands in shops. they pay very little for it.
for example (having worked in boots), any boots branded product is AT LEAST 50% profit. 55p profit per £1 for their own brand electrical products - and they are A LOT cheaper than the proprietary brands. and they can still put those on offer if they order a huge batch off their suppliers. the proprietary brands are more expensive because both the supplier AND the shop needs to make a profit on the items.

 

[Ctuchik]

i just thought of something. dont you guys have your own oil wells?

 

[tierk]

We are being held hostage by speculators and a middle east oil cartel.

I think you need to remove Middle east oil cartel from that comment and add the HMG. You cannot expect the Middle East countries to be able to do anything about the lack of refining capacity in other countries and they cannot be held responsible for what speculators are doing in the oil futures market.

In addition they dont tell the UK government to rip the fu*k out of every motorists butthole with a tax that adds over 70p to the price of a litre of petrol.

At a pump price of 128.8p/litre (typical for diesel as at May 2008), this would put the combined tax at 69.53p/litre.

I would say that you are being held to ransom by the government more then anyone else. Oh and lets not forget the 17.5% VAT that is charged ontop of the fuel tax - Its Criminal.

 

[Gorbachioo]

Perhaps its time to start thinking about other reasons for these prices than OPEC and speculators?


Wake up people. We're running out!

 

[Raven]

Perhaps its time to start thinking about other reasons for these prices than OPEC and speculators?


Wake up people. We're running out!

yawn

 

[Gorbachioo]

yawn

Well if it isnt mr.noproblemo!??!



Dont you worry now dear, it'll all be fine again once we sue those greedy ragheads.

 

[Golena]

Supermarkets are out to make a profit. They are willing to sacrifice profit on some brands for more purchasing power onto the others. Having Jaffa Cakes on offer will not cause increases in other food products to compensate. Can you imagine them changing the price every week because a different brand is on offer lol.

Why would they need to change prices every week? That makes zero sense!

You charge one pence per item (on everything all the time) more than you would normally, then you lower the prices on a random selection of items each week.
That way you make the same profit, but you get to advertise to your sun readers how much money people can save on a basket of shopping compared to your cometitor (by only filling your basket with this weeks offers ofc).
It's a far better strategy than simply charging 1p less for everything, since that gives you fook all advertising power.

Jaffa cakes 40p at tesco 79p at asda has a much bigger impact on your consumer than, jaffa cakes 79p at asda and 80p at tesco!

 

[megadave]

 

[Manisch Depressiv]

Haha, nice picture.

 

[Billargh]

i just thought of something. dont you guys have your own oil wells?

There's some rigs around the North Sea, but they only make up a miniscule percentage of the oil used today.

 

[tierk]

There's some rigs around the North Sea, but they only make up a miniscule percentage of the oil used today.

And fast running out.

 

[Bugz]

Why would they need to change prices every week? That makes zero sense!

You charge one pence per item (on everything all the time) more than you would normally, then you lower the prices on a random selection of items each week.
That way you make the same profit, but you get to advertise to your sun readers how much money people can save on a basket of shopping compared to your cometitor (by only filling your basket with this weeks offers ofc).
It's a far better strategy than simply charging 1p less for everything, since that gives you fook all advertising power.

Jaffa cakes 40p at tesco 79p at asda has a much bigger impact on your consumer than, jaffa cakes 79p at asda and 80p at tesco!

But the prices increases are not due to a 'desire' for more profits.

 

[tris-]

Jaffa cakes 40p at tesco 79p at asda has a much bigger impact on your consumer than, jaffa cakes 79p at asda and 80p at tesco!

but if what youre buying is cheaper than anywhere else, who gives a shit what theyre doing to make it like that?

bog standard shite like milk, pasta and bread is the same everywhere. even marks and spencers own brand is the same price as tesco own brand.
now if what you usually buy goes on offer at your usual shop, everything else is the same price as any other shop, you are saving money regardless of what schemes you believe are being implemented.

id like to see some proof of this by the way. baring in mind the basic food stuffs cost the same price no matter where you go.

 

[old.Tohtori]

If oil running out is our generations biggest problem, i'm happy as a missing bumblebee.

Honestly, if you compare the threat of oil running out to say, the threat of a nuke falling in your living room...well.

I can't see ANY problem coming from oil running out that would make life "unbearable".

 

[cHodAX]

If oil running out is our generations biggest problem, i'm happy as a missing bumblebee.

Honestly, if you compare the threat of oil running out to say, the threat of a nuke falling in your living room...well.

I can't see ANY problem coming from oil running out that would make life "unbearable".

No plastics. 90% of what we buy uses plastics either in the construction of or the actual products themselves. That means no electronics for a start. No electronics sends us back 100 years and it is only the begining of the effect that having no plastics will create. It is a material we take for granted but it uses huge amounts of oil to create and a very large portion of our modern economies relies upon a cheap and plentiful supply of plastics.

 

[old.Tohtori]

No plastics. 90% of what we buy uses plastics either in the construction of or the actual products themselves. That means no electronics for a start. No electronics sends us back 100 years and it is only the begining of the effect that having no plastics will create. It is a material we take for granted but it uses huge amounts of oil to create and a very large portion of our modern economies relies upon a cheap and plentiful supply of plastics.

When in such dire need, i bet substitute for plastic ain't far behind.

And i doubt "no plastics!" is gonna come in the next 50 years, which, makes it a "not my problem".

 

[Gorbachioo]

If oil running out is our generations biggest problem, i'm happy as a missing bumblebee.

Honestly, if you compare the threat of oil running out to say, the threat of a nuke falling in your living room...well.

I can't see ANY problem coming from oil running out that would make life "unbearable".

How about 4 billion people running out of food? ;O That unbearable enough for you?

Everything we do these days is based on oil. Peak oil is the biggest problem we will ever face.

 

[Manisch Depressiv]

Peak oil is the biggest problem we will ever face.

I doubt it.

The stupidity of internet and especially forum users it the most biggest problem we're facing (I don't mean you in particular!). And even with that problem we can just pull the plugs.

 

[cHodAX]

You are all writing off what Gorb is saying but you are doing nothing more than burying your heads in the sand. The world economy, food production and technology including medicine are all based on the steady flow of oil. The facts cannot be disputed, oil production has peaked and demand is still rising sharply. This is a finite resource we are talking about, not something sustainable and even according to the most wildly optomistic projections the world runs dry in 40 years.

 

[Manisch Depressiv]

So?

It's not my fault. I am not steering the world, no one can or he would be omni-potent.

The turn can be done, see Winning the Oil Endgame-Homepage and Amory Lovins on winning the oil endgame | Video on TED.com .

I don't own a car because I am in the rather good position of not needing one, I don't need to fly a lot too, I use public transport or my bicycle mostly.

That and using energy efficient products or demanding some is the most I can do.

 

[cHodAX]

So?

It's not my fault. I am not steering the world, no one can or he would be omni-potent.

The turn can be done, see Winning the Oil Endgame-Homepage and Amory Lovins on winning the oil endgame | Video on TED.com .

I don't own a car because I am in the rather good position of not needing one, I don't need to fly a lot too, I use public transport or my bicycle mostly.

That and using energy efficient products or demanding some is the most I can do.

No one said otherwise but if you go through this thread you will see alot of people don't really care or don't believe anything bad is going to happen. Well the rot has already started and it only gets worse from here folks, fuel costs will never fall again until the fossil fuels run out or are replaced with much more sustainable sources of power. That is the whole point of this thread really, we have relied on oil too much and the next 20 years we will be weened off it like a junky being given smaller and smaller doses of methadone. If people think it is painful now wait another 5 years when you have to decide on fuel to drive to work for 6 months or 2 weeks holiday in spain. My advice, buy yourself a nice tent and be ready for lots of camping holidays from now on

 

[old.Tohtori]

How about 4 billion people running out of food? ;O That unbearable enough for you?

Everything we do these days is based on oil. Peak oil is the biggest problem we will ever face.

When i'm(maybe) gone? I don't care if the whole humanity goes pop.

No, 4 billion people loosing their lives and 10 people loosing their lives is ALL the same to me. Equal "anquish" over it.

Also, i don't mind if we'd plunge into the 1000 century right now, vikings did it, sure as hell can live like them.

People always survive, we're roaches.

 

[Septima]

Most of the promising patents on renewable energys and devices are owned by oil companies. But they will milk the profits to the maximum before they will start using it, it's how worlds go...

 

[Gorbachioo]

When i'm(maybe) gone? I don't care if the whole humanity goes pop.

No, 4 billion people loosing their lives and 10 people loosing their lives is ALL the same to me. Equal "anquish" over it.

Also, i don't mind if we'd plunge into the 1000 century right now, vikings did it, sure as hell can live like them.

People always survive, we're roaches.

Im going to stop arguing with you now. Do invite me to see your viking hut though. Id love to see you living viking style.


Septima: No.

 

[old.Tohtori]

Im going to stop arguing with you now. Do invite me to see your viking hut though. Id love to see you living viking style.

Go ahead, be your usual self of "fingers in ears and go laalaa" when someone has any other view or opinion.

There's a difference in "living viking style now" and "living if have to".

Lemme ask you this; if we were sent back a 1000 years, what would you do? Adapt or wither away?

 

[Bugz]

Random fact: 6 of the 10 largest companies in the world are oil-related.

Do the math.