Petrol & Diesel reach new records

Graham_Devon

AA have released a statement that both petrol and diesel have hit new record highs.

Average price of petrol is now 140.2p a litre. Diesel 146.7p a litre.

Petrol prices have risen nearly 3p in 3 weeks.

Full story to come later. Joyous.

CRASH_BANG_WALLOP

and another rise to come in august! :mad:

vax2002

They que for over an hour round here to fill drums with red diesel .

wotsthat

Graham_Devon wrote: »

AA have released a statement that both petrol and diesel have hit new record highs.

Average price of petrol is now 140.2p a litre. Diesel 146.7p a litre.

Petrol prices have risen nearly 3p in 3 weeks.

Full story to come later. Joyous.

Could be worse - if it wasn't for that rabbit out of the hat at last years budget you'd have been paying an extra penny a litre all year.

thor

And if it wasn't for the fuel duty escalator we would have been paying less than we are now.

nickj_2

how long before the £2 a litre ,
why is fuel sold in litres , it comes from a barrel which is 42 gallons , cars fuel economy is measured in mpg , is the fact that £1.48 per litre i more palatable than £6.60 (ish) per gallon

grizzly1911

wotsthat wrote: »

Could be worse - if it wasn't for that rabbit out of the hat at last years budget you'd have been paying an extra penny a litre all year.

But don't forget they increased VAT so have hidden the increase.

When you fill up and realise £15 or more is just VAT, which is on top of the duty you are getting close to £1.00 a litre in just tax. Something like £30 billion , I believe in duty p.a. and growing daily.

They have there own escalator given gratis by demand and the commodity speculators.

daveyjp

Cheer up, in about 20 years it will be £5 a litre.

grizzly1911

nickj wrote: »

how long before the £2 a litre ,
why is fuel sold in litres , it comes from a barrel which is 42 gallons , cars fuel economy is measured in mpg , is the fact that £1.48 per litre i more palatable than £6.60 (ish) per gallon

Off to the Highlands and Islands of Scotland later in the year and I am already budgeting £2.00L:eek:

Remember the fuel protests early noughties when it breached £1.00L. I guess with inflation and the escalator it isn't far off the mark in reality. Doesn't help that for many pay has stagnated and real inflation across the board, for necessary items, is far higher than the headline rates, making the impact worse.

wotsthat

grizzly1911 wrote: »

But don't forget they increased VAT so have hidden the increase.

When you fill up and realise £15 or more is just VAT, which is on top of the duty you are getting close to £1.00 a litre in just tax. Something like £30 billion , I believe in duty p.a. and growing daily.

They have there own escalator given gratis by demand and the commodity speculators.

We can all get our own back by using our cars less. We've enjoyed years of cheap transport and become entitled, wasteful and slothful.

With prices at £1.40/ litre I know I use my car less. I'm much more careful about being organised and combining personal journeys (saves time too) and I walk to the local shops much more often. I get private fuel use provided by my employer so it doesn't directly save me any money anyway.

RenovationMan

High fuel prices will drive better efficiencies in engines and will prevent short, wasteful journeys that could be done by foot. They will also reduce the number of Chelsea Tractors driving for miles to get the little dears to a school across town that had slightly better OFSTED results than the local school. It might even help highstreet stores in towns and villages as folk decided it's cheaper to shop local than to travel to out of town superstores.

I don't see too much of a problem with high fuel prices TBH.