[briggcov]

I am at the moment a bit uneffected by all this as I am outside the UK and on exspenses so I am not personally effected by it. However I think things are always made worse when people start panic buying. There seem so little faith in offical information, for instance there about 39,000 petrol stations in the uk of which about 2000 are shell stations, then because of the panic of thise 39,000 stations nationwide 650 run out of fuel and restocked the next day but people still panic buy?

As for the price rises, a bigger facter is that the american stock exchange as of january 1st 2008 allowed Oil to be traded as openly as a commodity without the previous restrictions the floor trading price has gone through the roof. So the real cause of the price rises is not the Arab's or the oil companies( although they will take the money) but the investment houses who we buy pensions, insurance and ISA's from this is how they make the profits.

They price may drop a few pence but I think the cost petrol will never go below £1 per litre again...sorry.. Cost of living will rise to cover the cost and eventually salaries will start to catch up.