Heating oil

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I don't suppose anyone has ordered any LPG?
I'm dreading phoning up esp after the tanker blew up.

I'm getting desperate now but think I'm going to hold off even if I run out. Can probably cope at a push to see wot happens.
Spent this morning plumbing an electric shower into an outbuilding, just in case.


Some folk are really struggling to get red diesel too, heard of prices over 1.50L but not giving them a delivery date and deliverries being cancelled
. Alot of forestry sites need a delivery every 1-2 weeks to keep machines running.
Not good.
Forestry sector was struggling enough before with out red tripling in price.
 
Bo Diddley said:
Yeah! We would be getting it for next to nothing... and the gas would be free :rofl:
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But we would need to have not sold the extraction licenses to private companies.
If we had done the same at the Norwegians and created a sovereign wealth fund and owned the extraction of the oil and gas then we could serve ourselves first, but BP and Shell don’t do that!
They sell our oil and gas into the European grid and that gets sold back to us! You couldn’t design a more stupid situation if you tried!!
 
TringSaint said:
But we would need to have not sold the extraction licenses to private companies.
If we had done the same at the Norwegians and created a sovereign wealth fund and owned the extraction of the oil and gas then we could serve ourselves first, but BP and Shell don’t do that!
They sell our oil and gas into the European grid and that gets sold back to us! You couldn’t design a more stupid situation if you tried!!
Click to expand...
Which awful pm prob tory did that?
 
tackb said:
If only we had our own oil somewhere like under the North Sea or something !
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Is the North sea oil financially feasible though??

It's all ok when prices are like they are now.
But prices have been hovering around $50-60 for quite a while now.

I know fcuk all about the oil business.
But I would imagine the north sea will not be the cheapest or easiest environment to operate in.
Their is a boy on social media, Mr global who is quite interesting, been in the oil game for yonks.
Talks a lot of sense.
At 50 dollars a barrel hardly any drilling going on in America as not enough money in it.
 
countrryboy said:
Is the North sea oil financially feasible though??

It's all ok when prices are like they are now.
But prices have been hovering around $50-60 for quite a while now.

I know fcuk all about the oil business.
But I would imagine the north sea will not be the cheapest or easiest environment to operate in.
Their is a boy on social media, Mr global who is quite interesting, been in the oil game for yonks.
Talks a lot of sense.
At 50 dollars a barrel hardly any drilling going on in America as not enough money in it.
Click to expand...
The cure for cheap oil is cheap oil. The Norwegians have done OK out of North Sea oil and gas. The UK is buying enough from Norway extracted from the North Sea. Utter madness, you would have to be three sheets to the wind to try and look for oil or gas in UK territorial waters.
 
countrryboy said:
Is the North sea oil financially feasible though??

It's all ok when prices are like they are now.
But prices have been hovering around $50-60 for quite a while now.

I know fcuk all about the oil business.
But I would imagine the north sea will not be the cheapest or easiest environment to operate in.
Their is a boy on social media, Mr global who is quite interesting, been in the oil game for yonks.
Talks a lot of sense.
At 50 dollars a barrel hardly any drilling going on in America as not enough money in it.
Click to expand...
North Sea "Brent Crude" is very high quality, and new technology is enabling deeper or more complex reserves to be exploited in addition to what has already been tapped into. `One of the key points is that a lot of the infrastructure is already there, pipelines and platforms, so a lot of new wells can be tapped into that infrastructure, massively reducing the cost. 50 bucks a barrel would suit most people very well, I think BP's benchmark was $30 a few years ago. But no, we won't drill and we'll buy gas from the Norgegians coming from the same fields. Electricity demand is et to rocket, AI, data centres, heat pumps, EV's, etc, and we have a UK Government plan to deal with it about as coherent as their defence policy.
 
GBR66 said:
North Sea "Brent Crude" is very high quality, and new technology is enabling deeper or more complex reserves to be exploited in addition to what has already been tapped into. `One of the key points is that a lot of the infrastructure is already there, pipelines and platforms, so a lot of new wells can be tapped into that infrastructure, massively reducing the cost. 50 bucks a barrel would suit most people very well, I think BP's benchmark was $30 a few years ago. But no, we won't drill and we'll buy gas from the Norgegians coming from the same fields. Electricity demand is et to rocket, AI, data centres, heat pumps, EV's, etc, and we have a UK Government plan to deal with it about as coherent as their defence policy.
Click to expand...

if i'm honest i'm past thinking it's plain incompetence by this current government i think it's something more sinister now since you couldn't be this bad 'accidentally' could you?
 
countrryboy said:
Is the North sea oil financially feasible though??
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Yes, but not with a government that wants to tax it out of existence. Petroleum tax is paid on oil REVENUE plus all the other corporation taxes as well. Harbour energy paid 106% tax last year. Look at the Utilities profits. Why non windfall tax there ??
countrryboy said:
It's all ok when prices are like they are now.
But prices have been hovering around $50-60 for quite a while now
Click to expand...
You would not plan a new development at $50 but it’s normally $70-$80. A bit like faermers they are usually moaning about price. US shale guys covet their remaining good wells and are not going to drill and complete until they believe there will be a sustained price rise
countrryboy said:
I know fcuk all about the oil business.
But I would imagine the north sea will not be the cheapest or easiest environment to operate in.
Click to expand...
It’s not but there are worse. The oil is energy dense (unlike wind and solar) and the crude is decent quality.
countrryboy said:
Their is a boy on social media, Mr global who is quite interesting, been in the oil game for yonks.
Talks a lot of sense.
At 50 dollars a barrel hardly any drilling going on in America as not enough money in it.
Click to expand...
Well they think there will be more money along soon. Land wells are relatively easy to get on stream so no need to start the project years ahead. Bit different in other basins
 
Is it still cold down there, then?

Winter is all but past here, and still got enough to easily see us through until spring of 2028. All praise global warming😆
 

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GBR66 said:
North Sea "Brent Crude" is very high quality, and new technology is enabling deeper or more complex reserves to be exploited in addition to what has already been tapped into. `One of the key points is that a lot of the infrastructure is already there, pipelines and platforms, so a lot of new wells can be tapped into that infrastructure, massively reducing the cost. 50 bucks a barrel would suit most people very well, I think BP's benchmark was $30 a few years ago. But no, we won't drill and we'll buy gas from the Norgegians coming from the same fields. Electricity demand is et to rocket, AI, data centres, heat pumps, EV's, etc, and we have a UK Government plan to deal with it about as coherent as their defence policy.
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Demand may indeed rocket, and if so, so will price, but supply is where the problem is at, and no amount of Mickey Mouse Solar or Wind installed will change that: a recent application to build a ‘Green’ AI data centre in the Edinburgh district was ‘surprisingly’ rejected, not least because it transpired that the energy requirement for it was equivalent to more than that delivered to Glasgow and Edinburgh combined, an additional amount clearly unobtainable from the so called ‘renewable’ energy sources currently being championed by Governments on either side of the border.

This leads one to conclude that not only is U.K. plc being deindustrialised, but also being denied a place on the starting line of the bright new technological future we are supposed to be getting on board with, and which is meant to be the replacement for industrial output, thanks to idiots like Miliband and co and the Scottish Natsis (somewhat ironically) described as being in ‘power’ - …’And because, the laddie loves ‘His Say’…

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Governments who lose the power, lose Power
 
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