Petrol prices to top £1/litre this weekend

xsemajx

Last time petrol prices were over the £1 mark in my area of Scotland the price of a barrel of oil was around $130 now the price of a barrel currently stands at $60 to $70 a barrel. Is it just me or are we living on a different planet to the oil companies!:mad:

savemoney

Its blatant profiteering, there is no justification for the price increases

xsemajx wrote: »

Last time petrol prices were over the £1 mark in my area of Scotland the price of a barrel of oil was around $130 now the price of a barrel currently stands at $60 to $70 a barrel. Is it just me or are we living on a different planet to the oil companies!:mad:

sabretoothtigger

The pound fell since last summer and I think another batch of tax got added on since then

130 / 2 vs
70/1.6

Dave101t

thank goodness for company cars and private fuel allowance!

Premier_2

xsemajx wrote: »

Last time petrol prices were over the £1 mark in my area of Scotland the price of a barrel of oil was around $130 now the price of a barrel currently stands at $60 to $70 a barrel. Is it just me or are we living on a different planet to the oil companies!:mad:

Last time oil was $30 a barrel, petrol was about 80p per litre.

Now oil is over double that price, how come petrol price hasn't increased accordingly?

Petrol is suggested to hit over $3 a gallon in the US by 4th July, about twice what it was when oil was only $30 a barrel. (it's already over $2.50 a gallon)

TonyMMM

pianeet wrote: »

yes but have you noticed diesel has hardly gone up and its now only 2p a litre dearer rather than 10p a litre dearer

Saw a garage this morning with Petrol and Diesel at the same price ....and a couple of others where the difference was just 1p ..(good news for us diesel users)

savemoney

Petrol cost soars by 5p in a month, as experts predict further price hikes to come

dobbie82

its gone to 1.08 here (gone from 1.01,1.03,1.05 to 1.08 in about 2-3 weeks)

(dolgellau north wales)

dfarry

The government and oil companies continue to make billions out of the cash cow motorists.... still alternative fuel vehicles are becoming more and more viable all the time..... of course they will get taxed to the max eventually as well. :mad: