MSE News: Supermarkets to cut petrol prices

aldredd

Edwardia wrote: »

As a non-car driver, I wonder whether the higher food prices we are paying are being used to subsidise drivers. Meanwhile bus fares here just gone up and train fares never go down only ever up.

As has previously been touched on - there will indeed be a link between fuel price & food price - as transport is one of the biggest production costs, and Fuel one of the biggest costs of transport.

Whether or not food prices are inflated to subsidise fuel? Depends on how cynical you are, but personally, no I don't - when fuel prices go down it will always be as a result of the raw cost of oil going down - albeit never as much, and takes a long time!

But then remember this - there is naff all money to be made in selling fuel. It's used by supermarkets to a) attract customers b) increase cash-flow - substantially.

Lum

aldredd wrote: »

of course I did.

you claim that no-one cares, unless you're a lorry driver - which is clearly not the case. Many view the cut as 'welcome' whilst wishing it came sooner.

You don't need to be a lorry driver to benefit from this.

Indeed which is why I also said "depends on how much fuel you use"

If you're the kind of person who puts £30 in once a month, this change will save you less than £1 so you probably don't care. If you're putting in hundreds of pounds a month, like I used to, it make a significant difference.

But even the £30/month people should care because it increases the costs of getting their milk and bread to Tesco.

edgex

Lum wrote: »

Umm, did you read more than those two words before hitting reply?

The rest of that line was a description of some people who care very much about it, namely lorry drivers, and why everyone else should care about the costs of running a lorry.

many lorries filling up with petrol at your local supermarket pumps?

Lum

No, but as already discussed in this thread the "Asda effect" leads to lower prices at other stations in towns that have an Asda. This would include stations that lorries can fill up at.

david39

many lorries filling up with petrol at your local supermarket pumps?

Most transport companies pre-buy their fuel in thousands-of-litres contracts direct from the major oil companies, who issue them with a cards like debit cards. The price for the fuel is agreed between the fuel and transport companies at that time.

The fuel is then drawn in smaller packages by the drivers, using the debit cards, while out on the road from selected forecourts, without the driver having to pay the forecourt operator.

The forecourt operator receives a small fee from the fuel company for handling the transaction but the fuel has already been paid for so the price shown on the forecourt has nothing to do with it.

The price that transport operators pay, of course, varies as oil prices do generally. Also, the facility does not cover very small transport companies.

To the best of my knowledge, no supermarkets offer this facility which is why you don't normally see lorries on their forecourts.

Flyboy152

im-lost wrote: »

3p? wow, another non news item by the mse team.

nobody cares about 3 bloody pence, or the £1 they can save on a tank
every week or two.

At three pence a litre, that would mean a saving of about one hundred and twenty pounds a year for me.

im-lost

Flyboy152 wrote: »

At three pence a litre, that would mean a saving of about one hundred and twenty pounds a year for me.

Well bully for you, maybe you like to weigh your sugar and measure
your milk when your making a cuppa.. its like ensuring that you can
get an extra couple of cuppas out of your bottle of milk.

The whole 'i care about 3p' thing doesn't wash with me, when the majority
of people are driving / riding with underinflated tyres etc.

'i care about the quid I've just saved, yet I buy a paper, a choc bar, some
crisps and some fags from the kiosk, which are 2 quid more expensive
than in the actual store'

webber05

Crude has dropped to its lowest levels for nearly two years (down by over 20%) yet pump prices are hardly moving - MSE should make a big noise about this and create some media pressure forcing prices down more significantly.

Flyboy152

im-lost wrote: »

Well bully for you, maybe you like to weigh your sugar and measure
your milk when your making a cuppa.. its like ensuring that you can
get an extra couple of cuppas out of your bottle of milk.

The whole 'i care about 3p' thing doesn't wash with me, when the majority
of people are driving / riding with underinflated tyres etc.

'i care about the quid I've just saved, yet I buy a paper, a choc bar, some
crisps and some fags from the kiosk, which are 2 quid more expensive
than in the actual store'

Excuse me? There really is no need for such rudeness. Have I ever shown you any disrespect? I think you need to wind your neck back in, before it gets stuck.

jaydeeuk1

All these petrol threads where people are trying to skrimp to save 3p on petrol is precisely why the Govt was wrong in the first place to consider changing the MOT to 24 months. God knows how many unroadworthy cars there would have been around as the owners only think the bald tyres need changing at MOT time. After all a couple of tyres pays for a lot of booze and fags.

Make it every 6 months imo if the car is over 10 years old, its the sort of car where people are likely to neglect essential maintenance.