oil tankers?

accyman · 10-01-2010, 18:59

has anyone else heard about the mass of oil tankers gathering aloing our coast line refusing to dock because they have noticed that the longer they wait the more they can charge for the oil

basically they are watching our petrol prices rise up and up and its them that are causing it

its a pitty we can arrest them under an espiange law or anti terroism laws and accuse them of spying then seize their oil

Taggy · 10-01-2010, 21:16

Yeah i saw that on the news several weeks back, apparently some have been there for many months....its disgraceful!!

Best Regards - Taggy

Retlaw · 10-01-2010, 22:09

Quote:

Originally Posted by Taggy

Yeah i saw that on the news several weeks back, apparently some have been there for many months....its disgraceful!!

Best Regards - Taggy

Can't see how a tanker full of oil sitting idle for months can increase profits. Running costs alone would negate any profits.

Retlaw.

cashman · 10-01-2010, 23:00

Quote:

Originally Posted by Taggy

Yeah i saw that on the news several weeks back, apparently some have been there for many months....its disgraceful!!

Best Regards - Taggy

Don't buy that at all,sounds like a "Sun" or "Mail" report to me.

cmonstanley · 11-01-2010, 00:42

its true theres at least six round here around the coast i seen 3 yesterday another 2 near arran and my mate seen another near largs..noticed it when i was taking a picture of swans in the sea lol

garinda · 11-01-2010, 00:48

Perhaps they're hiding from Somali pirates.

The Scots should row across with oil cans and liberate the crude stuff.

A modern day Whisky Galore.

cashman · 11-01-2010, 00:53

Quote:

Originally Posted by cmonstanley

its true theres at least six round here around the coast i seen 3 yesterday another 2 near arran and my mate seen another near largs..noticed it when i was taking a picture of swans in the sea lol

oh its true they are yon, but pushing fuel price up by staying yon fer months, no way i buy that.

jaysay · 11-01-2010, 10:38

Quote:

Originally Posted by cashman

oh its true they are yon, but pushing fuel price up by staying yon fer months, no way i buy that.

If they are not offloading and petrol becomes scarce then the price will increase cashy

cashman · 11-01-2010, 10:52

Quote:

Originally Posted by jaysay

If they are not offloading and petrol becomes scarce then the price will increase cashy

i know that but months cannot be economically viable to me, just sensationalistic reporting.

Neil · 11-01-2010, 13:30

Quote:

Originally Posted by cashman

i know that but months cannot be economically viable to me, just sensationalistic reporting.

A tanker can hold over 4 million barrels of oil. If they expect it will go up £1 a barrel in a couple of months it could be worth waiting.

cashman · 11-01-2010, 19:19

Quote:

Originally Posted by Neil

A tanker can hold over 4 million barrels of oil. If they expect it will go up £1 a barrel in a couple of months it could be worth waiting.

if ya set that aside the other cargoes the ships could have delivered in that time,i aint so sure.

Rastus · 14-01-2010, 14:21

Quote:

Originally Posted by Retlaw

Can't see how a tanker full of oil sitting idle for months can increase profits. Running costs alone would negate any profits.

Retlaw.

It is a fine balance apparently bettween the increased profits due to price increases are fuinely balanced against storage costs to maximise profits it is very strange.