Change font size
It is currently Sun Apr 20, 2014 10:09 am


Post a new topicPost a reply Page 1 of 2   [ 20 posts ]
Go to page 1, 2  Next
Author Message
 Post subject: Getting it so wrong
PostPosted: Tue Jan 24, 2012 11:00 pm 
Site Admin
User avatar

Joined: Sun Jul 03, 2005 11:11 am
Posts: 24869
Location: Bradford
Yesterday, it was one of those relatively rare evenings when I watched the BBC television news, finding that the Petroplus story was lead item, with the hand-wavers hyperventilating about shortages of petrol and diesel. We got it right, I think, but if you want a greater authority, one can refer to the Wall Street Journal.

It cites a number of analysts saying that weak demand and over capacity in Europe's refining sector will likely cushion the impact in oil markets of the closure of one of Europe's largest refiners Petroplus Holdings AG.

View full article here

_________________
We are a satellite state of the Greater European Empire, ruled by a supreme government in Brussels. We owe this government neither loyalty nor obedience. It is not our government. It is theirs. It is our enemy.


Top
 Profile E-mail  
 
 Post subject: Re: Getting it so wrong
PostPosted: Tue Jan 24, 2012 11:59 pm 

Joined: Thu Aug 10, 2006 3:37 pm
Posts: 184
Quote:
In an interesting piece, Man in a Shed takes a pessimistic view, arguing that "the UK must not lose another refinery". However, in complete contrast, Christophe de Margerie, the CEO of Total says that he believes the current financial woes of Petroplus confirm the view that there is considerable overcapacity in Europe's refining sector. Far from being a disaster, Petroplus' demise could ease supply conditions and help boost margins.


From the Chairman of the, what a surprise, French company who stands to gain most from the situation.
If it is not Total, it is EDF, GDF Suez, La Poste, water companies and so on that are stealthily worming their way into basic UK infrastructure while keeping their markets intact. And let's not forget E.On and the wind turbine people. This is little more than a continental takeover to my mind.

Why the British government allow this is beyond me. Is The City all that counts now? Well, with Barnier 'in charge' now, they might not be holding on to that for very much longer either at this rate.

BP should buy the refinery, the govt should help them to make sure it becomes British again, just in the same way as the French are doing their utmost to keep SeaFrance French. Whatever it takes

Goose for gander, and all.


Top
 Profile E-mail  
 
 Post subject: Re: Getting it so wrong
PostPosted: Wed Jan 25, 2012 1:18 am 

Joined: Tue Nov 30, 2010 3:50 pm
Posts: 906
totally off topic: Dr. North:
Davos Economic Forum Meeting covered in snow
http://online.wsj.com/article/SB1000142 ... lenews_wsj

These are the Globalists who think capitalism has failed and fossil fuels have had their best time.
They are the morons pushing the climate scam.

Didn't know where to put it, thought you would like to know about this.


Top
 Profile E-mail  
 
 Post subject: Re: Getting it so wrong
PostPosted: Wed Jan 25, 2012 1:44 am 

Joined: Wed Jul 23, 2008 12:59 pm
Posts: 1862
For some reason the BBC neglect to mention the issues with the market in that article. They do mention it in two earlier ones:

Swiss oil refiner Petroplus sees credit lines blocked

Quote:
Petroplus has 4.4% of European refining capacity but the industry has struggled with over-capacity, low margins and competition from cheaper Asian refiners.


This one also contains the same paragraph above.

Perhaps the article will have it tacked on eventually. It would make more sense to have it at the beginning than at the end though.


Top
 Profile E-mail  
 
 Post subject: Re: Getting it so wrong
PostPosted: Wed Jan 25, 2012 6:09 am 

Joined: Sat Dec 17, 2011 8:06 pm
Posts: 3
The Boo-Boo-C's agenda? Let's see, they are fear-mongering about reliance on nasty old fossil fuels. Might it be they want us to believe things will be so much better with the land- and seascape littered with wind and solar plantations?

_________________
"Govt as our servant is just about tolerable. Govt as our master...is our enemy." - Richard North


Top
 Profile  
 
 Post subject: Re: Getting it so wrong
PostPosted: Wed Jan 25, 2012 9:53 am 

Joined: Tue Nov 30, 2010 12:42 pm
Posts: 80
Good to see the Daily "we won't make a drama out of a crisis" Mail is on the case.

http://www.dailymail.co.uk/news/article ... -bust.html
What ever happened to balanced, truthful reporting?


Top
 Profile E-mail  
 
 Post subject: Re: Getting it so wrong
PostPosted: Wed Jan 25, 2012 10:09 am 

Joined: Tue Jan 18, 2011 9:09 pm
Posts: 95
Location: Stroud Gloucestershire UK
RAENORTH wrote:
One really does wonder though, what there agenda is here. The hacks and their editors cannot all be so stupid and ignorant that they cannot ascertain what is in fact a well-established situation in what is a long-running saga. It was reasons of over-capacity and weakness of demand that led BP to sell the Coryton plant in the first place.


Oh yes they can. When I worked for a major manufacturer I often had to work with the specialist press. Some were good people and they often considered that they tried hard, but most were not really interested in the subject and did the minimum to get copy out the door. Accuracy was never a consideration.


Top
 Profile E-mail  
 
 Post subject: Re: Getting it so wrong
PostPosted: Wed Jan 25, 2012 10:20 am 
Site Admin
User avatar

Joined: Sun Jul 03, 2005 11:11 am
Posts: 24869
Location: Bradford
robcarter wrote:
Good to see the Daily "we won't make a drama out of a crisis" Mail is on the case.

http://www.dailymail.co.uk/news/article ... -bust.html
What ever happened to balanced, truthful reporting?


Well, do you really expect anything else from the Daily Wail?

_________________
We are a satellite state of the Greater European Empire, ruled by a supreme government in Brussels. We owe this government neither loyalty nor obedience. It is not our government. It is theirs. It is our enemy.


Top
 Profile E-mail  
 
 Post subject: Re: Getting it so wrong
PostPosted: Wed Jan 25, 2012 10:27 am 
User avatar

Joined: Sun Jun 15, 2008 9:20 am
Posts: 44
What is the point of watching the MSM when the analyses the do are usually crap?

Much better to come to sites like http://eureferendum.blogspot.com/ where the authors really do understand what is going on.

_________________
Stop Common Purpose Mind Map: http://www.stopcp.com/cpmindmap.php


Top
 Profile E-mail  
 
 Post subject: Re: Getting it so wrong
PostPosted: Wed Jan 25, 2012 10:28 am 
User avatar

Joined: Sun Jun 15, 2008 9:20 am
Posts: 44
robcarter wrote:
Good to see the Daily "we won't make a drama out of a crisis" Mail is on the case.

http://www.dailymail.co.uk/news/article ... -bust.html
What ever happened to balanced, truthful reporting?


Sod the Daily Mail. Waste of time.

_________________
Stop Common Purpose Mind Map: http://www.stopcp.com/cpmindmap.php


Top
 Profile E-mail  
 
 Post subject: Re: Getting it so wrong
PostPosted: Wed Jan 25, 2012 11:52 am 
Site Admin
User avatar

Joined: Sun Jul 03, 2005 11:11 am
Posts: 24869
Location: Bradford
Stop Common Purpose wrote:
What is the point of watching the MSM when the analyses the do are usually crap?

Much better to come to sites like http://eureferendum.blogspot.com/ where the authors really do understand what is going on.


PDT_Armataz_02_11 PDT_Armataz_02_11 PDT_Armataz_02_11

Put together a raft of decent blogs, and between them they will cover the ground.

_________________
We are a satellite state of the Greater European Empire, ruled by a supreme government in Brussels. We owe this government neither loyalty nor obedience. It is not our government. It is theirs. It is our enemy.


Top
 Profile E-mail  
 
 Post subject: Re: Getting it so wrong
PostPosted: Wed Jan 25, 2012 11:54 am 

Joined: Wed Dec 08, 2010 4:30 pm
Posts: 527
PeterMG wrote:
RAENORTH wrote:
One really does wonder though, what there agenda is here. The hacks and their editors cannot all be so stupid and ignorant that they cannot ascertain what is in fact a well-established situation in what is a long-running saga. It was reasons of over-capacity and weakness of demand that led BP to sell the Coryton plant in the first place.


Oh yes they can. When I worked for a major manufacturer I often had to work with the specialist press. Some were good people and they often considered that they tried hard, but most were not really interested in the subject and did the minimum to get copy out the door. Accuracy was never a consideration.



I would second PeterMG. It is staggering how little the MSM know about any subject they address, and how uninterested they are in rectifying this omission.

The advent of e-mail and the internet has unquestionably made things worse. In earlier times, a journalist writing about, say, a sinking ship would have to find out some names of assumed experts, then talk to them, either on the phone or face to face, and then transcribe their statements into a coherent story. During this process, they would have had to have thought a little bit.

Nowadays a journalist just clicks on Wikipedia and a blog or two, then cuts and pastes. There is no need to engage with the subject - since the information flow is strictly one-way, there is no opportunity to do so either. Instead, speed of delivery seems to have taken over as the main measure of competence. On to the next 'story'!


Top
 Profile E-mail  
 
 Post subject: Re: Getting it so wrong
PostPosted: Wed Jan 25, 2012 12:23 pm 
Site Admin
User avatar

Joined: Sun Jul 03, 2005 11:11 am
Posts: 24869
Location: Bradford
DodgyGeezer wrote:

...

Nowadays a journalist just clicks on Wikipedia and a blog or two, then cuts and pastes. There is no need to engage with the subject - since the information flow is strictly one-way, there is no opportunity to do so either. Instead, speed of delivery seems to have taken over as the main measure of competence. On to the next 'story'!


Hmmm ... Speed Of Delivery ... S.O.D.

_________________
We are a satellite state of the Greater European Empire, ruled by a supreme government in Brussels. We owe this government neither loyalty nor obedience. It is not our government. It is theirs. It is our enemy.


Top
 Profile E-mail  
 
 Post subject: Re: Getting it so wrong
PostPosted: Wed Jan 25, 2012 1:26 pm 

Joined: Wed Oct 06, 2010 7:06 pm
Posts: 82
The cynic in me thinks the media scaremongering could be a useful cover to hike fuel prices anyway...


Top
 Profile E-mail  
 
 Post subject: Re: Getting it so wrong
PostPosted: Wed Jan 25, 2012 2:17 pm 
Site Admin
User avatar

Joined: Sun Jul 03, 2005 11:11 am
Posts: 24869
Location: Bradford
dave ward wrote:
The cynic in me thinks the media scaremongering could be a useful cover to hike fuel prices anyway...


Well, the refiners have been looking for an excuse to hike prices ... this is it.

_________________
We are a satellite state of the Greater European Empire, ruled by a supreme government in Brussels. We owe this government neither loyalty nor obedience. It is not our government. It is theirs. It is our enemy.


Top
 Profile E-mail  
 
Display posts from previous:  Sort by  
Post a new topicPost a reply Page 1 of 2   [ 20 posts ]
Go to page 1, 2  Next


Who is online

Users browsing this forum: No registered users and 4 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Jump to:  
cron


Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group
610nm Style by Daniel St. Jules of Gamexe.net