gpj Increased diesel prices

gpj_2

Considering that oil is still going down in price and the Shell etc profits are still huge, does anyone know why diesel has crept up from 94pish to just over 100p a litre in the last two weeks?

lolarentt

Good question, around us it's gone from 94ish to 98ish and I was wondering why

BenL

One of the factors will be oil price is measured in $, UK£ is rubbish against the US$ so we are seeing some of this coming through into the pump price.

Hintza

Have you looked at the oil price chart? The price is up over 10% since the start of the year.

lolarentt

Yes but standard petrol hasn't gone back up, just diesel

iolanthe07

Diesel is usually more expensive in the winter because it is very similar to heating oil. If the cold weather continues expect diesel to increase even more in price.

vikingaero

If you look outside with the snow and bitterly cold weather you can see that we are burning fuel oil galore to provide heating and hot water. Petrol is less affected because more petrol can be refined from a barrel of oil than for diesel/fuel oil

big_gay_kirk

Anyone want the real answer....????


its simple.. the oil companies are greedy ****s and are cashing in on the fact that people are scared about the refinery strike etc.... they're also concerned that the oil is running out and they want to make as much money as possible while they can.. its absolutely nothing to do with strong or weak currency, or the fact that its winter.. this is capitalism in action.... find something, make people dependant on it, then squeeze.. drug dealers do exactly the same....

MEMBER02

lolarentt wrote: »

Yes but standard petrol hasn't gone back up, just diesel

Petrol prices have risen 5p per litre in last 3 weeks,tesco was 82.9 now 87.9 so its not just diesel prices rising.
and in last weeks daily express they reckon the goverment is to press ahead with a 2p per litre increase on 1st april,they just added 2p per litre when vat was cut they added this 2p increase so us motorists would not get a reduction in fuel prices,but at end of year when vat rises again the 2p rise will not be taken back off again.RIP OFF BRITAIN

Pew_Pew_Pew_Lasers!

big_gay_kirk wrote: »

they're also concerned that the oil is running out and they want to make as much money as possible while they can..

Economics not your strong point?

big_gay_kirk

Pew_Pew_Pew_Lasers! wrote: »

Economics not your strong point?

not sure i understand you... i thought it was common practice to get as much as possible in exchange for stuff... and if you have a commodity thats viewed as essential you can basically name your price.... if i were a greedy capitalist i'd currently be putting up the prices of diesel, petrol, fuel oil, etc, especially if i knew i hadn't got a lot left... i'd squeeze as hard as i could...