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    I believe that a new card has been added to the table!
    With oil destined to go up a very lot, owing to the realisation that atomic power plants are a deadly menace to Mankind, and gas and coal about to go up too (indeed the Financial Times today reports that these three resources have gone up in price considerably since the nuclear disaster in Japan), any idea of privatising State assets such as Ports will fall apart.

    The ferry operators will have a hard time paying for petrol, and will probably have to increase their prices AND make do with less profits.
    Now this is rational and reasonable thinking of mine, not a blind spuculation, considering the alarming circumstances as they are unfolding in Japan, and the articles that news-papers are now writing.

    The Financial Times reports that even permits for carbon emissions have gone up 25% since the Japan disaster, as oil, gas and coal are likely to be sought after in much larger quantities, where-as the cost of uranium has slumped 25% in a few days!

    I doubt the people's port project could rely on the ferry operators footing the bill of a 400 million pound debt at this point, and I doubt that the Government will sell assets such as ports now anyway, but will rather try to maximise an income from them, that goes to local port-maintenance, and to local and national Government treasuries.

    The oil crisis as it is now unfolding will cause a terrible recession except in countries that export the oil and gas, and ferry operators will be hard hit!

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