fuel could rocket in price over the next few months, if theres a prolonged spell of trouble. a barrel of oil reached 115 dolars a barrel today,Libyas fairly small beer as only about 2% of oil comes to uk from there,its just if other countrys go the same way.but its chinas and Brazils usage increasing with there economy booming aswell
I was listening to the today programme and an ecconomist saying it could be late 140's by the end of the year,which means unless they alter the tax on fuel in the budget it could realisticly be over £1.50, £1.60 a gallon of diesel by christmas.worrying to say the least.