Despair Force One Lands in Jeddah – “Pump It Up”

Gordon’s grandstanding yesterday, derided even by the usually pliant Lobby as such, was a waste of airline fuel. He told the representatives of the world’s leading oil exporting countries to act against their own interests and invest in competitors. Whereas Cameron flies to the arctic to be pointlessly pictured with a husky, Gordon flies to Arabia to be pointlessly pictured meeting oil sheiks, to be seen to be “doing something”. The head of Opec, Chakib Khelil, dismissed as “irrational and illogical” the call by Gordon for the cartel to pump more oil. They are already pumping at full pelt and the price is rising because of emerging demand from India and China as well as geo-political tensions.

Brown pre-released his speech on Friday, which gave the game away that the target of the speech was the weekend papers rather than the petroleum potentates. The Jonah effect was immediate, oil rose $4 on Friday and is up $1 a barrel this morning.

The only way prices for British consumers will come down is if Gordon stops pumping the car drivers for taxes – Britain’s motorists pay the highest petrol taxes in the G7 – three quarters of the final price is tax. If Gordon wants to “do something” he should stop raising taxes that pump up petrol prices…

UPDATE : Sam Coates is cheesed off at the waste of time and carbon. Even the announcement is a re-hash…




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Jeremy Corbyn on Big Ben Bong Ban

“… if we have to miss Big Ben in reality for a while so that work can be done, well, that’s something we have to go through. It’s not a national disaster or catastrophe.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Idea of Unilateral Free Trade Sent Commentariat into Spasms Idea of Unilateral Free Trade Sent Commentariat into Spasms
Sheerman Lobbying Prompts Calls for Ban Sheerman Lobbying Prompts Calls for Ban
Nasty Nat Picks on Tory MP’s Young Children Nasty Nat Picks on Tory MP’s Young Children
Remain Media Coverage Criticised By Experts Remain Media Coverage Criticised By Experts
Wings Over Scotland Arrested Wings Over Scotland Arrested
Watch and Hear: The Last Chime Watch and Hear: The Last Chime
Bonkers Bong Bowing and Reporting Bonkers Bong Bowing and Reporting
Why Transition Must Be Short Why Transition Must Be Short
PICTURES: Seumas’ Temper Tantrum PICTURES: Seumas’ Temper Tantrum
Don’t Believe ‘Victory For Hammond’ Spin Don’t Believe ‘Victory For Hammond’ Spin
Angry Adonis Wanted ‘Office for Students’ Job Angry Adonis Wanted ‘Office for Students’ Job
City Envoy Slams “Bewildering” Brussels City Envoy Slams “Bewildering” Brussels
Labour Pledged to Sell-Off Public Land Labour Pledged to Sell-Off Public Land
Corbyn’s ‘Local GPs’ Visit Staged by Labour Spin Doctor Corbyn’s ‘Local GPs’ Visit Staged by Labour Spin Doctor
Joly-Gone: Maugham Deletes Centre Party Plan Joly-Gone: Maugham Deletes Centre Party Plan
Milne: North Korea ‘Rational’ to Have Nukes Milne: North Korea ‘Rational’ to Have Nukes
LibDem Chief Exec Out LibDem Chief Exec Out
Jones Ditches Momentum For Radio Show Jones Ditches Momentum For Radio Show
Chlorine Chicken? EU Mired in Food Safety Scandals Chlorine Chicken? EU Mired in Food Safety Scandals
Juncker’s Junkets: Commissioners’ €500,000 Expenses Juncker’s Junkets: Commissioners’ €500,000 Expenses