October 16, 2009 – 10:44 pm
WE WORK FOR CONSOLS
WE KNOW WE ARE THE BEST
DELIVERING OIL TO CUSTOMERS
ALL OVER CORNWALL-FROM BODMIN WEST.
WE’RE THE LOCAL FIRM
ALL DRESSED UP IN BLUE
THERES POPEYE, ANDY AND RUBBERHEAD TOO
DAVE WHISTLE DAVE PEARCE IRWIN AND TOM
JOHN WILLY AND RODDERS-ONLY THE BEST WILL DO
ALL READY TO GIVE A TOP SERVICE TO YOU.
AND SO TO HEAR A CHEERFUL VOICE
JUST CALL DAVE ON THE DESK
HE WILL DEAL WITH YOUR ORDER
AND PROVE TO YOU THAT WE ARE THE BEST.
With thanks to Jeanette Whistle who took the trouble to compose this great little ditty.
October 16, 2009 – 8:50 am
The market surged ahead ysterday in excess of 3%, but Goldman Sach’s quarterly earnings despite neary quadrupling saw its shares fall as the huge profits were deemed unsustainable. Energy shares were boosted by crudes buoyancy which lifted equities generally.
Hows this for a classic piece of hedging or equivocation – . The US National Oceanic and Atmosperic Administration stated on thursday in its winter forecast that the North East US , The worlds largest heating oil market, could experience anything from below average, to normal, to above average temperatures this winter (their words not mine). Well congratulations, I guess thats got every angle covered Guys, they cannot say you did not warn them.
The oil market got the vapours on the back of a 5,000,000 barrel drop in gasoline inventories contrary to a predicted build, could this have anything to do with refiners easing back cos they haver been awash with the stuff and not making any money? This nonetheless seemed to galvanise traders looking for a potential shortage to hang their hats on.
October 15, 2009 – 12:50 pm
THE MAIZE HARVEST IS IN FULL SWING IN PERFECT CONDITIONS WHICH ALLOWS THE FULL POTENTIAL OF MODERN EQUIPMENT TO REVEAL ITSELF.
That heading about sums up a moribund realtime marketplace awash with crude and finished products. Recent oil price rises have absolutely nothing to do with current demand but rather those taking a punt on demand rising sooner rather than later coupled with the weak and still weakening dollar.
In the real world this is not good news for consumers,but given that oil prices have doubled in the past several months they are still around half what they were in July 2008 so life on the roller coaster could actually be much worse.
In St Day we are quiet with the farms well up to speed gas oil demand has subsided apart from a few localised blips as the maize harvest gets under way in superb conditions, the heating oil season has yet to kick in but darkening evenings and forecasts of the first frosts imminent indicate that it will soon liven up. It is not the norm us to be so quiet as the last year has seen us operating at a level never before seen over such a protracted period.
However if we have to have a quiet spell now is as good a time as any as our new computer system is preparing to go live on the 1st Nov and staff training has to be slotted in. The first of 3 new trucks has been delivered to us and is currently in the local paintshop, another is due with us next week followed by the last around the end of the month ready for the Xmas rush. The recession has certainly smoothed the vehicle procurement process with accurately forecast prompt delivery schedules which have actually been adhered to for a change.
Brent crude closed at $72.16 + $1.42 on the day the pound is worth $1.5977 and the euro closed down slightly at 0.93025 pence.
