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Royal Bank of Scotland Share Chat (RBS)

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Share Price: 241.90Bid: 241.80Ask: 241.90Change: 0.00 (0.00%)No Movement on Royal Bank Scot
Spread: 0.10Spread as %: 0.04%Open: 243.50High: 248.60Low: 239.50Yesterday’s Close: 241.90


Share Discussion for Royal Bank of Scotland


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mailman
Posts: 2,146
Off Topic
Opinion:No Opinion
Price:241.90
Jings100
Fri 19:35
Thanks for that information ...

As I said with the flooding issues in the north this year ... Maybe splitting any river that causes floods in the past .. Make a detour of half the water through a hydro type system and into a new lake or divert back into the river .. Just an idea to use troublesome flooding rivers to another use..
 
jings100
Posts: 8,700
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Opinion:No Opinion
Price:241.90
mailman
Fri 18:44
Hydro's been on the go for many years in Scotland , visited the hydro scheme at Loch Awe a number of times. No idea how much it contributes nationally but significant percentage I guess . Lots of small schemes in Scotland, seems to be a growing market , some use the same water over and over as it drops through different levels . Good use of resources methinks.
mailman
Posts: 2,146
Off Topic
Opinion:No Opinion
Price:243.60
jings100 .. Neepheid
Fri 16:05
My gripe about UK energy is for many years if I am correct we have imported around 25% of our Electricity from Europe...

I cannot except that over the past decade we could not have become more self reliant in producing more or all of our Electricity needs... and maybe exporting in another 10 years time... The UK seems so badly behind the curve of future planning in so many things.... Electricity is predicted to continue its increasing demand monthly for countless to come.....So not investing in more sustainable constant reliable electricity production would be more common sense and cost affective ... than relying on a growing X amount to be imported from elsewhere ..self reliant is to be more your own Master... and more control..

I would have thought there must be a couple rivers in the north that could be adapted to create a power source of some kind and being green power as well... more so if future weather is for more rain and flooding and less snow...Divert parts of some rivers to create power seems a logical idea...and reduce the pressure of flooding..

Makes sense to me if only on a small scale.. to start with...constant flowing water is power source ..2 girders across a river or platform on the waters edge with a paddle wheel connected to a turbine you can generate power to the national grid.. There must a space on many flowing rivers ..that maybe considered...many small can produce a lot as they say...
jings100
Posts: 8,700
Off Topic
Opinion:No Opinion
Price:243.90
Neepheid
Fri 15:25
Your not wrong ,onshore storage pretty much full to the brim I believe . It's quite a complicated picture at the moment not just about the Saudl's refusing to cut production . Two main factors in recent years have been the slow down in global demand and the ramp up of shale production in USA this lead to their suppliers having to move into different markets to maintain economic stability. As these countries are all pretty oil dependent nobody cut production , so supply grew and prices plummeted . Great for consumers not so good for the oil industry , investment has been dramatically cut, rigs are being closed and something like 250,000 employees have been paid off . Can't go on forever.
Mailman makes a good point , in future the dependence on oil will be much reduced. The recent Paris agreement signalled that . Climate change makes it a necessity , even the Saudi's recognise that .I believe they've started to invest heavily in electrical energy production and renewables . Obviously things won't change dramatically overnight but the next couple of decades are going to be very interesting .
mailman
Posts: 2,146
Off Topic
Opinion:No Opinion
Price:245.70
Re ..Oil production
Fri 09:51
If there is a reduction of the use of oil... it could well stem from 2007 financial crash and since then car journeys maybe less as people cut their journey costs.... Certainly in Great Yarmouth in the past 3 years there are more parking spaces and of course the amount of travelling distances to going shopping has changed to having items delivered instead. It has saved many a 40 mile round trip by car to Norwich in my area .. multiply that by how many across the UK or around the world doing similar ...1 million items a day from Amazon alone is 1 million travel journeys saved..

Then the past 10 years of the growth in Electric cars with 50,000 Electric cars reported sold worldwide by Tesla in the USA could be the start of less oil used by cars in the future ..... Things as we all know are constantly changing...

https://www.teslamotors.com/en_GB/about

P.S. Nice rise in the SP yesterday and today... I will say no more.....
Breton59
Posts: 196
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Opinion:No Opinion
Price:241.80
Neepheid
Fri 07:50
Some good questions but I take some of these story's with a pinch of salt. Firstly only three years ago the real problem was oil production was on the way down. Not because of low prices but because it was 'running out'. Secondly the Saudi game of wanting to chase the Shale industry into the ground is dangerous. Once oil prices pick up beware of the lesson from the 70's when oil producers sat back and topped up the bank account while the rest faced hyper inflation. Given the lack of influence anyone has had on the Saudi 'price war ' to date be very concerned of the elephant in the room.
Neepheid
Posts: 91
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Opinion:No Opinion
Price:241.80
jings100
Fri 07:38
Re oil - I read that there are ships filled with oil sitting in the oceans pending instructions on where it can be delivered, that in the USA there are thousands of rail tankers similarly filled with oil and nowhere to take it. Who has stopped using oil to this extent? Or, why the over production?
Breton59
Posts: 196
Off Topic
Opinion:No Opinion
Price:241.80
inflation head?
Fri 07:16
Regardless of the farce around the BREXIT talks be very guarded on the effect of a rise in the price in oil. OPEC and friends are not that good at controlling a rise. the drop has been destabilising to the market, the rise may be worse.
mailman
Posts: 2,146
Off Topic
Opinion:No Opinion
Price:241.80
jings100 ...Neepheid ..
Thu 17:15
jings100
Posts: 8,700
Off Topic
Opinion:No Opinion
Price:241.80
Neepheid
Thu 17:05
Always knew you had a sardonic sense of humour , lol. ...... If the oil price holds at this level , maybe pushes on a bit , China comes up with some decent figures , the central banks hold rates and DC comes up with something a tad more positive to reassure the markets .....maybe ?!!!.




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