Fuel.

HammerSmashedFace

Anyone noticing the price at the pumps these days ?, let's all hope the next bout of technology comes to save us otherwise at £1.10+ per litre we will be in the next recession before we've exited this one. I reckon another 10p a litre and things will go quickly into reverse, oh hang on they are still reversing, well I guess you know what I mean.

Politicians normally work on 5 year plans at most, which means many care little or even have the capacity to think past 2014. I suggest they start thinking pretty quickly. Unfortunately we have a government whose plans only reach until next June.:rolleyes:

Interesting times are ahead, this downturn is unlikely to be like any other. We are witnessing the first part of the 'saw tooth plateau' in energy, where we go up a little, down a little etc... which is likely to last around 10 years at most, then it's downhill all the way. Politicians need a drastic 10 year plan, and they need to start implementing it now, the future will not mimic the recent past this time.

doire_2

£1.11 for unleaded here in NI :mad:

JonnyBravo

110.9 for unleaded yesterday for me.
Expensive. Grateful that most of it is company mileage.

lostinrates

We're diesel now, nearest is 117.9, average is 111.2p according to petrolprices. Doesn't go far in the LR either.

Edit: just re read that: its most expensive not nearest ...opps. That said, not sure the two are different!

mitchaa

Aberdeen, 105.9/106.9ppl for petrol/diesel at Shell fuelling stations

You guys are getting ripped off

HammerSmashedFace

All this is happening while the world economy is generally pretty weak and demand low, unemployment still rising and incomes being squeezed. The shopping malls were full at the weekend (first time I've been for 6 months so wouldn't know), so I guess many people are spending their mortgage savings rather than paying down debt.

I think 2 years from now after the public sector cuts and tax rises kick in we'll be in a worse position than late last year. 97-07 will be fondly looked upon in the future as those times are unlikely to be seen again in our life times (next 40 years).

Cleaver

HammerSmashedFace wrote: »

The shopping malls were full at the weekend (first time I've been for 6 months so wouldn't know), so I guess many people are spending their mortgage savings rather than paying down debt.

No offense Mr Face, but I find this a really odd perspective. You see a shopping centre full of people and think that 'many' will be spending their mortgage savings and not paying down debt. Is it not possible that the vast majority will just be there buying stuff with money that have allocated to buy stuff with?

JonnyBravo

HammerSmashedFace wrote: »

I think 2 years from now after the public sector cuts and tax rises kick in we'll be in a worse position than late last year. 97-07 will be fondly looked upon in the future as those times are unlikely to be seen again in our life times (next 40 years).

Agree entirely.

HammerSmashedFace wrote: »

The shopping malls were full at the weekend (first time I've been for 6 months so wouldn't know), so I guess many people are spending their mortgage savings rather than paying down debt.

I know people expect these malls to become ghost towns but honestly it's not going to be like that.
This downturn is down to probably only, at most, 10% of people now finding things tough as they lose their jobs, realise they took on too much debt, etc etc.
For the vast majority of people they are in broadly similar positions to the one they were in 24 months ago. Sure these people weren't the ones in the mall every week but they'll continue with their monthly (or whatever) visit to the mall and life will go on as before for lots of people.

lostinrates

HammerSmashedFace wrote: »

All this is happening while the world economy is generally pretty weak and demand low, unemployment still rising and incomes being squeezed. The shopping malls were full at the weekend (first time I've been for 6 months so wouldn't know), so I guess many people are spending their mortgage savings rather than paying down debt.

I think 2 years from now after the public sector cuts and tax rises kick in we'll be in a worse position than late last year. 97-07 will be fondly looked upon in the future as those times are unlikely to be seen again in our life times (next 40 years).

I went to the beautiful city of Bath yesterday. To those that know Bath, I parked in The Podium. And got a parking place on the entry level, near the disabled parking, and I had a choice of spaces, in the mid morning. :eek: I'd say Bath was less busy than I used to see it, but a lot busier than it was this time last year when I was shocked at how empty it was when I went.

JonnyBravo

Cleaver wrote: »

No offense Mr Face, but I find this a really odd perspective. You see a shopping centre full of people and think that 'many' will be spending their mortgage savings and not paying down debt. Is it not possible that the vast majority will just be there buying stuff with money that have allocated to buy stuff with?

Surely it's a double barrelled surname? Mr Smashed-Face. Can't imagine his given names are Hammer Smashed. That would be silly.

Cross posted, but agree with what you said as you can see!

SingleSue

Fuel price up?

Yep don't I know it, have switched to putting 10 litres in a week instead of £10 as a tenners worth of fuel is just not going to cut it.....come to that, 10 litres doesn't either!

I really must start claiming back hospital travel...apparently I am able to!