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Fuels going up again!!!!!!!

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  • kingstreet
    kingstreet Posts: 39,269 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Unleaded in Asda is 134.7 this week.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
  • Flyboy152
    Flyboy152 Posts: 17,118 Forumite
    The petrol station in the next village is charging one penny less than the one just outside our village and they still haven't got any queues. Meanwhile, the more expensive one is doing booming business. It looks like the local citizens have sent a message to this shyster.
    The greater danger, for most of us, lies not in setting our aim too high and falling short; but in setting our aim too low and achieving our mark
  • pelirocco
    pelirocco Posts: 8,275 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Flyboy152 wrote: »
    And I hope people still boycott it.

    A filling station, in a village local to us, did the same thing. He had to drop dis prices too. It didn't do him any good though. On a Sunday evening, when the queues are normally constantly five or six cars deep, his forecourt is nearly empty


    To be fair to the independent filling stations , if they run out of fuel they have no income , but they still have their overheads to cover , i doubt there is much profit in a litre of fuel in the first place
    Vuja De - the feeling you'll be here later
  • Flyboy152
    Flyboy152 Posts: 17,118 Forumite
    pelirocco wrote: »
    To be fair to the independent filling stations , if they run out of fuel they have no income , but they still have their overheads to cover , i doubt there is much profit in a litre of fuel in the first place

    Their profit remains the same because they sold the fuel they had in their tanks; it just happened quicker. If their profit for that fuel was ten thousand pounds and they expected to make that in a week, this time they made that in three days (hypothetical example). The same profit, for the same overheads.

    That said, this time their profit was much higher, because they set out on a profiteering expedition, but are now seeing the downside of their arrogance.
    The greater danger, for most of us, lies not in setting our aim too high and falling short; but in setting our aim too low and achieving our mark
  • kingstreet
    kingstreet Posts: 39,269 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    kingstreet wrote: »
    Unleaded in Asda is 134.7 this week.
    Make that 132.7 in Asda and Tesco in Stafford.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
  • molerat
    molerat Posts: 34,634 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    My local Tesco put it up 2p yesterday to 134.9p
  • Joe_Horner
    Joe_Horner Posts: 4,895 Forumite
    Ninth Anniversary Combo Breaker
    Been hovering round the £1.40 / £1.41 mark round here for the past 5 or 6 weeks. That's at supermarkets and locals so we're nicely stitched up :(
  • zen135
    zen135 Posts: 115 Forumite
    Unleaded at my local ASDA and Tesco in Bristol is around 132.7p now. Coupled with my 5p off Tesco voucher, Tesco clubcard points and AA credit card points, it seems I'll be effectively paying around 121p for unleaded this month.
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