Good News. The market has finally started to realise that high oil threatens the small growth there is and we're seeing a pullback in prices. With a bit of luck, this will continue and oil will settle at about $60. The weaker dollar is also doing its bit.

Retail prices are at a top for the time being and prices should start falling back a little with estimated average prices for mid September as follows. Petrol €1.15, Diesel €1.04, Home heat €490/1000 litres