Brent Crude Below $47 a Barrel..

**Thomas1** · 22nd November 2008, 19:59

...And do you know why that's especially good news? No, not just because petrol/diesel will become 2p a litre cheaper as a result, but because this week OPEC claimed they'd lost 700 Billion dollars as a result of the reduction in crude oil prices since it's peak of $147. That's 700 billion dollars less going to countries such as Iran, Libya and Venezuaela. And as Russia isn't in OPEC, their reduction in income will on top of the OPEC total. That's a lot less mischief these countries are now able to fund.

**wardy** · 22nd November 2008, 20:20

it aint 1/3 of the price at the pump tho.

Another corrupt government story!

**Dwabo** · 22nd November 2008, 20:25

wont be for long when they are planning on cutting production to force it up to $70-80 a barrel.. thats what OPEC are wanting to do

**yorkshireborn** · 22nd November 2008, 20:52

89.9 for ul here
105.9 for derv

**big rich** · 22nd November 2008, 20:56

90.9 ul
105.9 d

thats in erdington birmingham

**shan** · 22nd November 2008, 20:57

Were are still getting reamed at the pumps and energy bill's. This country should be wearing a mask.
I keep throwing myself on the floor and getting somebody to kick me in the ribs. Just to feel I've been robbed again properly.