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MSE News: Petrol price hike fears as oil price surges

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MSE News: Petrol price hike fears as oil price surges

edited 30 November -1 at 1:00AM in Motoring
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MSE_GuyMSE_Guy MSE Staff
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edited 30 November -1 at 1:00AM in Motoring
This is the discussion thread for the following MSE News Story:

"Oil prices have hit an all-time high for UK buyers which could lead to further increases at the pumps for drivers ..."
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Replies

  • Is it just me or does this contradict itself
    The impact of the weaker pound, which declined 17% in value in the past two years, means the sterling value of Brent crude oil has risen to a record high of £74.60 per barrel.

    But at $121, Brent crude is still below the $147 a barrel record set in the summer of 2008.

    So it's a record high now or back in 2008 when it was, erm higher.
    "If you no longer go for a gap, you are no longer a racing driver" - Ayrton Senna
  • JimmyTheWigJimmyTheWig Forumite
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    Is it just me or does this contradict itself


    So it's a record high now or back in 2008 when it was, erm higher.
    It's a record high in Pounds Sterling (i.e. in British money).
    It's not a record high in Dollars.
  • Strider590Strider590 Forumite
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    They'll blame Libya, despite only 2% of our oil coming from that region.......
    “I may not agree with you, but I will defend to the death your right to make an a** of yourself.”

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  • king100king100 Forumite
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    Strider590 wrote: »
    They'll blame Libya, despite only 2% of our oil coming from that region.......


    Our refinerys like the clean crude oil from Libya and Nigeria. So any failure hits us.
    I all have learnt is from others on many sites.
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  • king100 wrote: »
    Our refinerys like the clean crude oil from Libya and Nigeria. So any failure hits us.

    And our Tory overlord likes the Tax generated from these failures when the price of petrol is hiked...
    :exclamatiTo the internet.. I need to complain about something!
  • BenLBenL Forumite
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    The diesel in my local filling station has been put back to 140.9p/l again now.

    It went up the day before the budget to 140.9, day after the budget down to 139.9 and now up again.

    Ben
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  • SurfBowlSCSurfBowlSC Forumite
    459 posts
    Most petrol stations around me put there prices down 1p after the budget, but only for a day or so, then started putting them up again.
  • LandyAndyLandyAndy Forumite
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    At least the rise in HMRC mileage rate will let us extract an extra £500 tax free from our company this year:). The hundred pounds saved won't quite put a tank of fuel in both cars.:rotfl:
  • southantrim3southantrim3 Users Awaiting Email Confirmation
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    £1.50 by summer me thinks :(
    Everybody's Normal Till You Get to Know Them.:D
  • Indout96Indout96 Forumite
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    At least the rise in HMRC mileage rate

    Our lot are holding it at 40p :(
    Understeer is when the front of the car hits the wall.
    Oversteer is when the back of the car hits the wall
    BHP is how fast you hit the wall
    Torque is how far you take the wall after you hit it.
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