E
Eeyore
Guest
Rod Speed wrote:
so. Therefore SHIPPING usage has a MAJOR effect on fuel oil price.
Graham
That's not what I said. I said % of usage. In comparison aviation is 'only' 8% orDid you know that something like 30% of all fuel oil is used
in SHIPPING. No more trade with Asia (fuel costs too high
Thats not true. The sea freight is a small part of the retail price.
so. Therefore SHIPPING usage has a MAJOR effect on fuel oil price.
You must be getting some damn good deals then !- already sea transport can account for 10% of the FOB - destination cost),
Not with the sort of stuff we buy from asia it doesnt.
Maybe in their case.no more cruise lines,
The cost of the fuel is a small part of their costs.
Ever heard of OPEC ?you name it.
The Arabs aren't stupid, they know who pays for the modernisation
(and bombing) of their countries. It won't go that high.
It aint set by the arabs, and yes, it wont get that high.
Graham