Thread: Corytown oil refinery bankrupt

obviously the price of refined gas and diesel is not high enough. Thanks to the money printing of the socialist western govts, inflation is squeezing everyones margins.

England will soon be the new Pakistan

All the manufacturing has gone, albeit Walkers Crisps

Service Industry now

Originally Posted by sabaii sabaii

England will soon be the new Pakistan

All the manufacturing has gone, albeit Walkers Crisps

Service Industry now

And the service industry is shrinking too. Famous Retail companies are collapsing on a weekly basis. many large Insurance companies and call-centres have closed down/relocated abroad.

I might retrain as a sandal/shoe repairer and head out to Karachi to see if there any any job opportunities. There sure as hell aren't any in blighty right now!

The refinery was owned by a Swiss company that has gone bankrupt, the refinery's biggest customer is BP, it will operate under the liquidators until it has a new owner.
Just scaremongering by the union, hoping exacerbate the striking tanker drivers dispute that has started in the North of England.

Originally Posted by Bower

ust scaremongering by the union, hoping exacerbate the striking tanker drivers dispute that has started in the North of England.

I wouldn't think the Swiss company going bankrupt was anything to do with the tanker drivers trade union .

The tanker drivers are a complete separate entity from the refinery , and nearly all of them ( no matter whether it says Sainsbury's or BP on the door are employed by a Dutch company called Hoyer

BTW it aint scaremongering the garages here are already running out

Originally Posted by nigelandjan

BTW it aint scaremongering the garages here are already running out

Coryton supplies 20% of the SE petrol market, so it's going to take a while for others to pick up the slack.

The nearest one;s will be on the south coast from here Harry ,, which means all that lot coming up through the Dartford tunnel and all that goes with it, thousands more miles of tanker journeys, what with this and the impending gulf crisis I think were gonna hit the £1.50 mark very soon

No doubt Fawley has spare capacity, most sensible refiners only make what they can sell.

Petroplus probably hedged years ahead on crude prices, not expecting it to tank like it did, and are now having to pay way over the odds for the futures they bought, leaving them making an unsustainable loss. Now they're fucked and the banks won't bail them out.

In other words: Greedy capitalists get it wrong - again.

Only a moron like Socal would blame socialists for that fuck up.

Panic buying by now. Prices up next.

Originally Posted by sabaii sabaii

England will soon be the new Pakistan

All the manufacturing has gone, albeit Walkers Crisps

Service Industry now

Join up with the Yanks...Your politicians sold you out.

Originally Posted by Smug Farang Bore

Panic buying by now. Prices up next.

Your right there SFB ,, garages empty here now after just one day + prices up ,, we got half our lorries empty tonight

Originally Posted by harrybarracuda

No doubt Fawley has spare capacity, most sensible refiners only make what they can sell.

Petroplus probably hedged years ahead on crude prices, not expecting it to tank like it did, and are now having to pay way over the odds for the futures they bought, leaving them making an unsustainable loss. Now they're fucked and the banks won't bail them out.

In other words: Greedy capitalists get it wrong - again.

Only a moron like Socal would blame socialists for that fuck up.

The socialist handouts promised by western nanny states are paid for at least partially by printing money which stokes inflation and high oil prices.

So like usual, the socialists mis diagnose the peoblem

^ Too funny Ok that's enough from you Socal back in your box!

Originally Posted by Stinky

^ Too funny Ok that's enough from you Socal back in your box!

oh fuck is it ever funny. Do you know who the federal reserve is by any chance..

^Is it the jews?

^ Only the socialist Jews, or maybe it's the Socialist Jews and liberal Nazis got together and formed a pact? Who knows what goes on inside a Socal mind ???

Originally Posted by Stinky

^ Only the socialist Jews, or maybe it's the Socialist Jews and liberal Nazis got together and formed a pact? Who knows what goes on inside a Socal mind ???

where do you think the Fed gets the money Stenchy ?

The plant is back in production and deliveries resumed.

It is but being run by the admin for the moment ,, in the meantime today over the other side of the Thames ,, Sheerness steel have just gone pop putting 400 on the ol jam roll

Yet Subway, McDonalds and a load of other shit sellers are creating jobs by the thousand.

^ Shite job for sure but someone's gotta serve me my 12" meatball with jalapinos.

Thats the Tories dream Harry ,, the masses in the minimum wage service sector