Crude oil jumps 20%

milkloss

Member
Livestock Farmer
Location
East Sussex
Saudi has enough stored to supply what they were for a month and the US is prepared to dib into reserves to ensure supply.
Don’t see what the worry is.

I know my diesel man will try to weasel the price up but I’m going to slap the beggar if he does. Constantly getting the ‘that’s what we bought it for’ line when the price is/should be going down.
 

Smith31

Member
It often makes me laugh when folk on here who still live in the 70's believe that we are self sufficient and need no one.

People forget how small the world has become and how reliant we are on others, if there was a war in the middle east resulting in a fuel shortage, restricting imports, there would be civil war within a week.

The Chanels and Chantelles from the local estate would be looting our farms and we would be powerless.
 

Phil P

Member
Arable Farmer
Location
North West
It often makes me laugh when folk on here who still live in the 70's believe that we are self sufficient and need no one.

People forget how small the world has become and how reliant we are on others, if there was a war in the middle east resulting in a fuel shortage, restricting imports, there would be civil war within a week.

The Chanels and Chantelles from the local estate would be looting our farms and we would be powerless.

I know it’s a global commodity (like wheat?) but don’t we use north see oil?
So why would we have a shortage/be affected by Iran oil?:scratchhead: (Other than price)

Apologies if that’s a stupid question?‍♂️
 

Highland Mule

Member
Livestock Farmer
I know it’s a global commodity (like wheat?) but don’t we use north see oil?
So why would we have a shortage/be affected by Iran oil?:scratchhead: (Other than price)

Apologies if that’s a stupid question?‍♂️

We will, for some grades. But the price is dictated by global supply and demand. Or do you expect the N Sea producers to sell to us for less than they can sell elsewhere?
 

Smith31

Member
Regardless of our own use, the majority of the things we import are delivered using middle eastern oil, if the supermarket shelves became empty civil war wouldn't be far behind. Hope it never ever comes to that
 

SFI - What % were you taking out of production?

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  • 75-100%

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  • 100% I’ve had enough of farming!

    Votes: 5 2.7%

Red Tractor drops launch of green farming scheme amid anger from farmers

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As reported in Independent


quote: “Red Tractor has confirmed it is dropping plans to launch its green farming assurance standard in April“

read the TFF thread here: https://thefarmingforum.co.uk/index.php?threads/gfc-was-to-go-ahead-now-not-going-ahead.405234/
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