MSE News: Asda to cut petrol prices

JC_Derby

tescos considerably more than the others near me. also they seem to put up prices before a price drop

davidgmmafan

TrickyWicky wrote: »

What annoys me is that price fixing between competing companies is supposed to be illegal.

So how come they all announce price cuts at the same time? - Thats price fixing.

Does the OFT do a thing? No.

I see where you are coming from and for the record i do think we are getting screwed but equally it could be because they have similar overheads.

Lots of people are cutting back on expenditure in similar ways does that mean they are collusion?

There is one huge rip off and it is the tax. How come higher taxes for the wealrhy raise less money yet here this doesnt apply to petrol...

Call_of_Trouty

How is it a price war if everyone is dropping the price by 2p ?
Maybe if they all put it to £1 / litre and see who could last the longest, then that would be a price war

Kite2010

3,60 us dollars a gallon in new Hampshire at the moment, shows how much the UK is getting taxed to the hilt.

Not sure if NH has sales tax on fuel, so it could be more.

50Twuncle

Why don't we form cooperatives (like people are doing for home fuel) and negotiate discounts from the suppliers ?
(Yeahh - right......)

im-lost

Kite2010 wrote: »

3,60 us dollars a gallon in new Hampshire at the moment, shows how much the UK is getting taxed to the hilt.

Not sure if NH has sales tax on fuel, so it could be more.

its impossible to compare the likes of the USA to the UK.

Pincher

Diesel is £1.359 in Watford today.

It's a 25 mile round trip on the M1, which is about £3 in diesel.
So, it means a trip to Costco Watford is free, because filling the tank up in Watford saves about £3.

What a life, buy a car because it saves road tax: probably end up marrying a woman who does housework to save on cleaners.
Just let me win the Euromillion tomorrow: so I can start scrimping on champagne and discount 1st class tickets.;)

minislim

a good example of tesco ripping off their customers is their buying items to get money off fuel!

Buy three items and save 5p off a per litre of fuel.

for example. 3 multipacks of 12 cans of coke that are usually approx £3.50 you'd think.

oh no!

the packs are now hiked to £5 each. so you're spending £4.50 extra than you would normally.

ah but its ok i've got 5p off a litre of fuel. with a maximum 100 lites per voucher.

so potentially you can save £5 off if you buy 100 lites.

but

they've hiked the price of fuel by 2p compared with other supermarket petrol prices so thats now only a potential of £3 saving off 100 litres.

and most cars only have approx 55 litre fuel tanks anyway. unless you have two cars to fill at the same time.

so the amount you actually saved on fuel was £1.65. but you over spent by £4.50 in the first place.

so the customer is £2.85 worse off.

every little helps (tesco's profits)!

mikedej

In the good old days, when petrol & diesel cost about £1.00 per litre, the savings of 1p here or 2p there were worth chasing, but now, anything less than 7-8p per litre saving is not worth worrying about. BP did a promotion a few weeks ago, where you got 5p off per litre if you bought 2 bottles of Coke at the garage. It actually would have cost me more, if I'd put less than 50 litres of diesel in my tank, because the coke cost £1.49 per bottle!!!

50Twuncle

mikedej wrote: »

In the good old days, when petrol & diesel cost about £1.00 per litre, the savings of 1p here or 2p there were worth chasing, but now, anything less than 7-8p per litre saving is not worth worrying about. BP did a promotion a few weeks ago, where you got 5p off per litre if you bought 2 bottles of Coke at the garage. It actually would have cost me more, if I'd put less than 50 litres of diesel in my tank, because the coke cost £1.49 per bottle!!!

Good Old Days eh ?
I remember petrol at £1.27 per GALLON !!