Petrol Prices

bristol_rob

Now 118.9p at my local Sainsburys. It was only 111.9p at the beginning of the week.

What is going on?

Kilty_2

116.9 here - I'm totally considering selling my car and buying a small diesel banger (something like a 1.5 XUD Peugeot 106 - 70 MPG ftw)

calebdylan

sure the price will rise in the future too you need to tolerate with this since the production is limited .....better go for cars which operates at alternate fuels

Rolandtheroadie

Kilty wrote: »

116.9 here - I'm totally considering selling my car and buying a small diesel banger (something like a 1.5 XUD Peugeot 106 - 70 MPG ftw)

Done it. And run it on veg oil. Even buying new oil is only 84p a litre from the supermarkets and mix 50/50.

shown73

Be happy. Just got back from France/Germany, price is around 1.45 euros! Some places have it a bit cheaper, but not much.

saver_1_2

Theres an e-mail going about saying ban B.P and Shell then these two will have to drop the price and still keep the ban on until it gets to a pound a litre not just a couple of pence off

allan673

its a total rip off, more tax for the government.
rip off britain.

diable

bristol_rob wrote: »

Now 118.9p at my local Sainsburys. It was only 111.9p at the beginning of the week.

What is going on?

Being bummed left right and centre and being made to pay for any stupid ideas this Government comes up whether its Labour or the Tories.

Kilty_2

saver_1 wrote: »

Theres an e-mail going about saying ban B.P and Shell then these two will have to drop the price and still keep the ban on until it gets to a pound a litre not just a couple of pence off

Who do you think operate the oil pipelines that supply the refineries that refine oil to create fuel for the supermarkets as well as BP/Shell forecourts?

scotsman4th wrote: »

Done it. And run it on veg oil. Even buying new oil is only 84p a litre from the supermarkets and mix 50/50.

Wooo :T:T

flyingscotno1

allan673 wrote: »

its a total rip off, more tax for the government.
rip off britain.

shown73 wrote: »

Be happy. Just got back from France/Germany, price is around 1.45 euros! Some places have it a bit cheaper, but not much.

Can we make up our mind then.. :rotfl:

withabix

The recent increases are mainly down to the forex rates. The £ is very low against the $US. Oil is priced in $US and even though the oil price is at the $80+ level, the value of the £ means that the base cost of oil in £ is similar to what it was at the peak oil prices.

Low £ = High fuel cost.

We are likely to see these prices for the foreseeable future.

When the world comes out of recession, demand for oil will increase and the price will go up, so even if the £ recovers value against the $US, we are likely to see static or even higher fuel prices.

A 'Perfect Storm' scenario really.

At least diesel is now at the same price as unleaded - last year it was up to 14p per litre higher and diesel peaked at around £1.29