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Crude oil now below usd 30
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Impunity
#11 Posted : Thursday, January 14, 2016 6:05:24 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Ericsson wrote:
Anyone with info on the fuel prices for the next one month?


We will never see these LOWs in our lives, please enjoy and take screenshots for memories!!!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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VituVingiSana
#12 Posted : Thursday, January 14, 2016 6:27:54 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,350
Location: Nairobi
The Fixed Cost [Taxes, Transport & Margins] component is now higher than the variable [fuel] component. The taxes = cost of fuel!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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