If oil priced in dollars??

[Ilikesaving]

If oil is priced in dollars & the £ has soared to over 2$ can we expect our exhorbitant petrol prices to tumble??

Should I hold my breath?

Perhaps there's something I do not understand, can anyone shed some light?

Mike

[nej]

Since when does anything like this go in our favour?

[anewman]

Yep things can only get worse, prices seem to be rising about 1p every few weeks now. Look forward to seeing the magic 100.9p/litre somewhere near you soon.

[balsingh]

Yep things can only get worse, prices seem to be rising about 1p every few weeks now. Look forward to seeing the magic 100.9p/litre somewhere near you soon.

Prices did hit 100.9 is some motorway services last year before the prices dropped off a bit.

[wolvoman]

Since the start of the year crude oil has gone up in price by nearly 30% whereas the dollar has only devalued by about 4%.

So it's obvious why pump prices have gone up.

[Ilikesaving]

Thanks for shedding the light wolvoman.