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More inflationary pressures - Petrol

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Comments

  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Really2 wrote: »
    If I could buy diesel for $75.39 (which it has now dropped to) for 42 gallons I would.

    F'k it, I missed the boat. It's $75.43 now :(
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Just to fill it out a bit.

    http://www.google.com/hostednews/afp/article/ALeqM5h9W0i8maIgSRKbSU3Hb948ugA5lw
    A fierce equities sell-off began Wednesday after the US Federal Reserve and the Bank of England cut their outlooks, while investors also shunned risk on signs of slowing industrial growth and rising inflation in China.
    A sharp widening of the US trade deficit added to the gloom, triggering fears of a double-dip recession in the world's biggest energy-consuming nation.
    "Crude oil prices retreated for a third consecutive day ... amid continuing concerns over the fragile global economic recovery that could slow down the demand for oil," said Sucden analyst Myrto Sokou.
    She added: "The energy market is back to the previous trading range of 70-80 dollars per barrel, as global uncertain conditions and fairly disappointing economic figures from the United States, eurozone and China weigh heavily on the market."

    Their is a fair chance come the start of next year it will only be tax inflating our oil related costs.
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Graham_Devon wrote: »
    F'k it, I missed the boat. It's $75.43 now :(

    Is it not tanker.:)
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Really2 wrote: »
    Is it not tanker.:)

    Boat first!
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Exocet wrote: »
    So would I. But I buy it from a garage. It's not much below its all time high now. I hope it goes down again.

    Did it go to £1.299 (litre)? I remember when I had a bigger car I was getting nearly £90 a tank.
  • DervProf
    DervProf Posts: 4,035 Forumite
    All I need is a fall in the price of vegetable oil. When it was 55p per litre, the odd gallon or two went into the tank of my motor. Less than half the price of diesel at the time.

    I can`t say it made any difference to the performance of my car. It still used to fry down the motorway.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    DervProf wrote: »
    All I need is a fall in the price of vegetable oil. When it was 55p per litre, the odd gallon or two went into the tank of my motor. Less than half the price of diesel at the time.

    I can`t say it made any difference to the performance of my car. It still used to fry down the motorway.

    Don't do it to often your engine will have it's chips.
  • DervProf
    DervProf Posts: 4,035 Forumite
    Really2 wrote: »
    Don't do it to often your engine will have it's chips.

    I was told that getting my engine chipped would make it go faster.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    DervProf wrote: »
    I was told that getting my engine chipped would make it go faster.

    Sounds fishy to me.
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