- Thread starter DAPPH
- Start date
A nice steel one too, not plastic! I can't quite make out the data plate to see who made that one
(I used to order Steel Fuel Tanks to our spec with bund bosses so that the whole System (Tank & Fuel supply & Return Lines) were fully bunded from Tank to Generator on Water Co Sites to meet their Regs as well as UK Control of Pollution Act etc.).
We also came up with the idea to have the tanks fitted with a Solenoid Valve (with bypass valves) inside the bund that was only Open when the Genset Fuel Rack Solenoid was Activated (sites suffered from fuel theft where Nomadic Types would cut the fuel lines to drain off fuel without any care for contamination of the ground/water table.... the Solenoid meant only the fuel in the line could be spilled - not the tank contents).
IIRC any underground fuel lines for years now (in industrial/business applications at least) are meant go be double-skinned/bonded with a Leak Detection system as well (not that mine does
)Didn’t realise you were still allowed those type.
Nothing,just doesn’t look bunded.
I'd say it is looking at the hardware on the top at the rear of the tank
I had a panic on Saturday but we still have 1300 litres left. So should be OK for a few more months if it stays warm.
I can never fathom why they shoot up immediately and take forever to come down. The oil in the UK now isn't affected by world issues. It's already been bought! The stuff on its way should be more expensive!
I can never fathom why they shoot up immediately and take forever to come down. The oil in the UK now isn't affected by world issues. It's already been bought! The stuff on its way should be more expensive!
addjunkie
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Thats a fair point, oil prices are traded months in advance and are driven be fear of supply issues, so ships not going through the Strats of Hormuz, restrict supply to anywhere outside the gulf, even though the oil loaded in to a tanker in say Daz island, or Basra will be 6 to 8 weeks to get refined. Those cargos once loaded will be traded multiple times on their “Bill of Lading” while the crude is enroute to a refinery. So your refined product prices jump instantly as the refining businesses know they are going to have to pay more for their feedstock. Ships stacking up waiting to load then takes time to clear once the issues are removed, as there are only a finite number of loading terminals.
Suspect we may see far eastern goods prices creep up to as some of the largest container operations are going the long way round avoiding high risk areas through the Suez canal.
On the plus side I own some oil company stocks, so higher prices mean better dividends, but other stocks will dip as their costs will rise due to higher fuel prices. Todays probably not a good day to look at your pension fund value!
Cobbler
Codger bodger
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Me as well.I filled up with diesel yesterday
Farside
Badly Welded Man
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The fuel being sold today has to buy the fuel tomorrow (or next week, etc).
You wouldn't sell a loaf at a loss, would you?
No, but when world oil prices drop someone profiteers from that because you can guarantee that reduction doesn't happen until oil bought at those reduced prices is actually in the country.
UK fuel used to be based upon the "Spot Market" in Rotterdam & changed daily.
When I worked for an Oil Dustributor, if the market looked set to rise, they'd send extra Tankers down to the Racks in Milford Haven & bunker the fuel to be able to make a bit extra on the fuel the next day.
The same place still operates today under Certas ownership - but no longer bunkers fuel. I've had the last 2 deliveries from there "delayed" (the first one by 2 or 3 days).
I suspect their strategy now is to both delay till they can run brimful tankers on a route, and also delay a delivery if they can when the price is falling, so again they can pay a bit less & make more on the quoted sale rate.
When I worked for an Oil Dustributor, if the market looked set to rise, they'd send extra Tankers down to the Racks in Milford Haven & bunker the fuel to be able to make a bit extra on the fuel the next day.
The same place still operates today under Certas ownership - but no longer bunkers fuel. I've had the last 2 deliveries from there "delayed" (the first one by 2 or 3 days).
I suspect their strategy now is to both delay till they can run brimful tankers on a route, and also delay a delivery if they can when the price is falling, so again they can pay a bit less & make more on the quoted sale rate.
