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Debate House Prices
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Petrol Prices - lowest for 3 years
Comments
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I suppose the next thing to happen will be an increase in fuel duty!
I imagine the government will be looking to sort that out, pronto.
'To fight deflation' of course.--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0 -
Petrol, bad for the planet innit.
Well unfortunately for me, I operate in the worst of both worlds! My personal car has a 3 Litre V6 petrol engine and my company car has a 1.5 diesel engine! Now if I'm honest, they both seem to cost the same with regards to fuel costs! But the upside is that I have a lot of fun in the motor with the V6. :rotfl:0 -
mvengemvenge wrote: »From what I read over the weekend, lower prices now mean much higher ones in the future, as the companies won't spend as much on exploration.
They dont have too!
Its in petrol stations :rotfl: :rotfl: :rotfl:Hi, we’ve had to remove your signature. The one where you showed us Dithering Dad is a complete liar. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE Forum Team0 -
Just a shame that trucks don't run on petrol!
Yes, but diesel is down to around 98.9, from 135.9 (which is the highest I paid for it). Filling up 10 or so lorries a day would save a fortune based on those prices.My suggestion and/or advice is my own and it is up to you if you follow it, please check the advice given before acting on it.0 -
It's strange, as prices go up overnight, even though stations have a full main tank purchased at the reduced price, yet when prices come down we get told it takes a while to filter through .. basically heads they win tails we lose!
That is the point exactly. Either way the consumer loses really.My suggestion and/or advice is my own and it is up to you if you follow it, please check the advice given before acting on it.0 -
Petrol, bad for the planet innit.
The levels of taxation on fuel are of course unrelated to the fact that most fuels have what is called inelastic demand, that is if the price gets put up (say by a Government that has messed things up and is desperate for cash, just for example) then you have to buy the fuel as you need it to get to work or to heat your house.
I reckon I good give you an actual Government to use in the above
My suggestion and/or advice is my own and it is up to you if you follow it, please check the advice given before acting on it.0 -
jungli_jim wrote: »Great lowest fuel prices for 3 years.........Diesel only 97.9p/Litre which is about £4.50 a gallon........is that particularly cheap? I don't think so.
It may not be cheap, but it is cheaper than what it was. At the end of the day, I'd rather have the difference in my pocket than their pocket!My suggestion and/or advice is my own and it is up to you if you follow it, please check the advice given before acting on it.0 -
Petrol, bad for the planet innit.
The levels of taxation on fuel are of course unrelated to the fact that most fuels have what is called inelastic demand, that is if the price gets put up (say by a Government that has messed things up and is desperate for cash, just for example) then you have to buy the fuel as you need it to get to work or to heat your house.
I reckon you could use a central heating oil tank to hold a years supply of 'white' (road legal) diesel for a typical car. Depending on car/mileage you'd need anything from 1000-1500l which is easily within capacity of a typical Kerosene tank.
I'm not sure of the legislation regarding diesel storage - I do know that you can't do lkewise with petrol which is a lot more flammable and therefore requires a lot of regulations to be met for storage, quite rightly too. On the other hand there seems to be no problem with having a standard tank full of Kerosene which is as near as dammit to diesel in your back yard.
However, it's certainly something to think about once prices start to rise again. If you bought in bulk direct from a distributor you should be able to get a small discount vs a filling station too. Given the sort of rise we have seen, there could be substantial savings to be made by buying up front.--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0 -
it'll get like Mad Max!
"you got any guzzle-line?"
:rotfl:
Just thinking back to the way prices rocketed in the summer. If you had bought some back in late 07 you'd have been saving maybe 50p a litre at the peak and been immune from any disruption to supply if that fuel delivery strike and later refinery strike had worsened......
(obviously, this strategy only works with Fuel Price Inflation FPI)--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0
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