Fed up with petrol prices!!

pitkin2020

I agree with most of that. I'm all for heavy taxing if there is an alternative that is affordable. Electric cars are a long way off what everyone forgets is that most powerstations are burning gas or coal sometimes even oil to produce the electricity that is used to recharge the electric car so you are just replacing where the fuel is being used rather than cutting it out.

live'n'learn

Deleted_User wrote: »

Passed an independent garage today while driving through a village selling unleaded for 139.9 per litre. That is the highest I've seen it. Locally it's 132.7 and 133.9.

The cheapest i have seen the diesel for is 137.9 and the dearest is 141.9

adamc260

I loved how the government imposed fuel drop by 1p a few weeks ago (maybe month or so?)... and charged the oil companies for doing it

It dropped by 1p for a day and then went back up 1p!

dresdendave

robrymond wrote: »

What is annoying is the lack of transparency from the oil companies and petrol retailers. There is a dire need for some government body to regulated fuel prices, just like OFCOM do for TV, Radio etc and Ofgem for Electricity.

Retailers sell you fuel at about 50p per litre. The rest is made up of taxes and duties to the government. Do you really think the government would want transparency in pricing?

pompeyrich

When I started driving in 1976 petrol was 68p a gallon (15p/litre) and the average wage was £32.50 a week, so if someone spent all their wages on petrol they would have got 217 litres. Fast forward to now and 217 litres of fuel at £1.40 would cost £303, a salary of £16,000 a year which is about half the current average.

So petrol is cheaper in real terms than back in the good old days. Maybe our disposable income is less now due to silly amounts of tax and NI, VAT and higher housing costs and I hate spending £80 to fill my tank up but in the grand scheme of things is it really THAT bad?

grizzly1911

dresdendave wrote: »

Retailers sell you fuel at about 50p per litre. The rest is made up of taxes and duties to the government. Do you really think the government would want transparency in pricing?

I think what the previous poster was alluding to is the retailers do struggle on their 5p margin, but the profit is in the wholesale side.

Quite why he/she wants somone toothless wonder like OFGEM to suck up to them like they do to the energy companies makes you wonder though. Poor old BG "only" makes a couple of hundred million but look at Centrica in the background:eek:

pitkin2020

adamc260 wrote: »

I loved how the government imposed fuel drop by 1p a few weeks ago (maybe month or so?)... and charged the oil companies for doing it

It dropped by 1p for a day and then went back up 1p!

You were lucky, down here it actually went up a penny the day it was announced it would drop a penny lol

grizzly1911

Perhaps Sequence would like to tell us why he wants all the cars off the road?

samwsmith1

Is York the only place where the price is still the same as when the duty decrease?
131.9p a litre for unleaded here - went up to 132.9 for a couple of weeks then came back down again, on the whole York sounds quite cheap when you mention how much it costs in some places!
(This is at Tesco Askham Bar)

pitkin2020

samwsmith1 wrote: »

Is York the only place where the price is still the same as when the duty decrease?
131.9p a litre for unleaded here - went up to 132.9 for a couple of weeks then came back down again, on the whole York sounds quite cheap when you mention how much it costs in some places!
(This is at Tesco Askham Bar)

that is cheap, cheap for north devon is around 138 for petrol and 140 for diesel