Over here the lorries have already started operation Escargot - driving side by side on the m-ways at 25 mph ! Some refineries have already seen protesters outside and we're seeing 95p per litre of octane 98 unleaded at the supermarkets (cheapest petrol source) !
The best news is (as reported on the telly last night) that as the price of a barrel is so high, it makes searching for more oil worthwhile so in fact, high prices will garauntee a longer supply of oil in the future ! Aren't you comforted now
?
Next titbit to nibble on is that the price of oil is expected to peak in around 4-5 years, after which it should drop sharply ! Why ? I didn't understand this bit, maybe someone else can explain, because at the moment, oil production is exceeding demand !
Yes, there is a greater demand now than 5 years ago, predominately in the USA and China but that demand is being easily satisfied !
But when they forecast a peak, they mean it, like another 15$ a barrel - sell your Zeds now !
Protests need to be done by Joe Dough ie you and I before any govt will pay attention !