MSE News: Asda to cut petrol prices

danothy

corbyboy wrote: »

I really can't understand why people make such a big deal about these paltry reductions in petrol prices.

We are talking 2p a litre here! People wouldn't stop in the street to pick up 2p they found on the floor. It's nothing.

Speak for yourself, I like shiny things.

Anyway it's not 2p, it's getting on for £1 on a 10 gallon tank fill up, which most people would stop to pick up, especially if they were going to be tying their shoelace (filling their tank) anyway.

scheming_gypsy

corbyboy wrote: »

I really can't understand why people make such a big deal about these paltry reductions in petrol prices.

We are talking 2p a litre here! People wouldn't stop in the street to pick up 2p they found on the floor. It's nothing.

they probably wouldn't put a litre in the car either.

i agree it's a piddling amount but your comparrision wasn't the best choice..

Miss_J

Morrisons have only dropped their price by 1p a litre not the 2p a litre that is mentioned. Last week I filled my tank at 133.9 a litre and yesterday it was 132.9 a litre. Mind you when the prices dropped a few weeks back to 128.9 they put the price up the day before the price drop so that they were still honouring the advertised rate drop but was hardly a saving for those using their forecourt regularly.

saltydognl

It is scandalous that the petrol companies are yet again fleecing the public. Oil prices today 10/08/11 are now $82 a barrel thats a @40 dollar drop in cost to them and what do they do hack 2p off. The governmental cowards who wont face up to the companies to protect the people who put them in office because their party funds a bolstered by millions from the profits of these companies. This should be stopped NO COMPANY CONTRIBUTIONS TO PARTY FUNDS AND NO SPONSORING OF MPS EITHER this should be made law ASAP. then we might see some regularity to the markets instead of right being on the side of who pays the most or who pays the piper calls the tune.
The public have rights to. Savagely tax the profiteers no matter how they scream untill there is some justification in their pricing, and not the billionss in profits for the few.

Terri31

I am sickened of all the corporate and political greed in this country and beyond. It is US who are working like slaves to pay these prices, whether fuel, gas, electric, food or anything supplied to us. To make a few have all the money WE have earned. It's no better than serfdom, basically. Even though we have machines to do basic tasks it only frees us up to do extra jobs to pay the bills. I've just about had enough. :mad:

scheming_gypsy

saltydognl wrote: »

It is scandalous that the petrol companies are yet again fleecing the public. Oil prices today 10/08/11 are now $82 a barrel thats a @40 dollar drop in cost to them and what do they do hack 2p off. The governmental cowards who wont face up to the companies to protect the people who put them in office because their party funds a bolstered by millions from the profits of these companies. This should be stopped NO COMPANY CONTRIBUTIONS TO PARTY FUNDS AND NO SPONSORING OF MPS EITHER this should be made law ASAP. then we might see some regularity to the markets instead of right being on the side of who pays the most or who pays the piper calls the tune.
The public have rights to. Savagely tax the profiteers no matter how they scream untill there is some justification in their pricing, and not the billionss in profits for the few.

Gordon_Hose

What can you do? Riot?

Terri31

Gordon_Hose wrote: »

What can you do? Riot?

Fundamental change is necessary; our police, press and politicians have forgotten their true function. Their greed has superseded the integrity and sense of justice that we have a right to expect from those who receive the proceeds of OUR labour.

I believe lobbying, en masse, is the right way.

Should that fail I believe peaceful protest, en masse, everywhere, in every town, is the right way.

I do not believe rioting achieves anything positive in a democracy.

Byngdesign

I think one move which would go a long way to reducing the inequity in fuel prices would be a legal requirement that companies charged the same at ALL their outlets. That would put a stop to the ridiculous practice where if there's an Asda, all the other supermarkets drop their prices, but hike them up by as much as 6p a litre if there's no Asda within 20 miles or so.

That wouldn't hit the small local independents, just the profiteering big boys.

How about it Martin? Can we have a campaign?

skirkpatrick

In a shocking twist to this pricing saga, the forecourt industry has defended the price of fuel, indicating the weakening of the pound against the dollar is off-setting the reduction in crude oil prices. Yes, I'm being sarcastic.

Every time the debate is raised, the answers are ready. No matter what the circumstances are, there are reasons why fuel costs are only going one direction on a regular basis.

I reckon that if you look at prices the last time oil cost what it does now, factor in the last time exchange rates were what they are now, account for the increase in VAT and duty, you'll probably find (only probably because I haven't actually calculated it - it's just a gut feeling) we're paying a heck of a lot more today per litre that we were back then.

Also, I believe the trend over the last 12 months or so is actually a strengthening of the pound vs dollar. But don't let the truth get in the way of good propaganda (which no-one is swallowing).

It truly is sickening. There is no justification - none, zilch, nada - for why fuel costs what it does right now given oil prices and exchange rates. And let's not forget the annual profit margins of the oil companies. The people who set the prices do so quite simply because they can. They know people (individuals, industries, whatever) will buy fuel - they have to. And when you have a commodity people NEED to get by day by day, you can just about do what you like with the price.

I think the idea of independent monitoring/price-checking is being mentioned more and more. I think it's the only option to give the heavily paying public a sense that anyone gives a damn about them with regards to fuel.