Oil shortage WHAT OIL SHORTAGE!\nWe are being charged more and more at the pumps for our fuel or heating\noil and being told it is the problems of the likes of Libya.\n\nBut:\n\nOil is still being exported from Libya at the moment with a 60%\nreduction.\n[URL]http://english.aljazeera.net/video/africa/2011/03/201135185018478510.html[/URL]\nOr if you have access to the FT:\n[URL]http://www.ft.com/home/middleeast[/URL]\n\nAnd Saudi is making up the short fall. What it lacks in light crude we\nhave in the North Sea.\n[URL]http://www.bloomberg.com/news/2011-02-25/iea-says-saudis-boosted-oil-ship[/URL]\nments-after-libyan-shut-ins-2-.html\n\nAdd to this non shortage shocker that there are at the moment nearly 6\nweeks of light and heavy crude supplies available to the market in\nreserves.\n\nThen there is this, the group of oil tankers at anchor off of Lowestoft\nand Southwold (East Anglia coast), some of which have been there since\nthe Tunisian rising. Every few days changing or removing their ETA data,\nor moving out and back again or just anchor dragging (turns the red\ndiamond to an arrow but not going anywhere. They are waiting for the oil\nprice to go up higher before they dock\n\n[URL]http://www.marinetraffic.com/ais/default.aspx[/URL]\n\nThe Lowestoft guys are working all hours keeping the tankers supplied\nwith pallets of fresh food, mail etc., and off loading small quantities\nof oil to pay for their up keep. (A good well paid job if you can get\nit.)\n\nOil shortage WHAT OIL SHORTAGE!\n\nThe government don't care because the higher the price at the pumps,\nthe more they make in tax and VAT.\n\nRant over, sorry about that.\n\nI feel better now!