Exactly how bad are fuel prices gonna get?

Car_54

Grey_Critic said:

Car_54 said:

“Exactly”? £2.74 per litre. Does anyone have a better guess?

Well that equates to £12.46 per gallon - IF people did not have this fixation with metric they would have seen the way that prices have been rising - A litre of petrol/diesel @ £1.00 = £4.55 a gallon - easy to work out how much we are being ripped off.

I don't think anyone has a fixation, just (a) metric makes life a lot simpler in general and (b) you haven't been able to buy a gallon for donkey's years.

Would you want petrol to be priced in groats?

Money_Grabber13579

motorguy said:

I could see it hitting £2 a litre.  

Where we are its around £1.50 a litre and at the lower end of the UK wide pricing range.  

I saw quite a few filling stations at 1.54.9 for petrol in Belfast yesterday, with one at £1.64.9 (not sure if that was a mistake, given it was £1.49.9 the week before and now it’s 10p a litre dearer than diesel).

skycatcher

The Eurospar in Dromore had diesel at £166.9 today while the SuperValu at the other end of town was £155.9!

tommyedinburgh

Merlin139 said:

I got Unleaded E10 yesterday for £1.42.9 yesterday at Sainsbury's in York but saw at an independent garage it was £1.63.7

Even if it does get to £2 per litre we will still no doubt see people driving 800 meters to drop their children off at school rather than walking

Agreed, it will need to rise much, much more before the vast majority of people couldn’t afford to run a car. 

[Deleted User]

Hopefully the roads will get quieter as the price shoots up, there will be a tipping point where lack of demand caps or reduces the prices just as it did during lockdowns.

£2 per litre for 12k annual miles in a 45 mpg car is about £2.5k per year vs £1.8k for £1.50 a litre, so around £60 a month extra to put things into perspective.

Hopefully it will stop the people who clog the roads up with unnecessary journeys at peak time from venturing out so won't be a bad thing. 

sheslookinhot

BP in Glasgow selling diesel at 176p/l.

Another BP station 4 miles away is “only” 168p/l.

Robbing barstewards 

Thrugelmir

[Deleted User] said:

Hopefully the roads will get quieter as the price shoots up, there will be a tipping point where lack of demand caps or reduces the prices just as it did during lockdowns.

Return to the days of higher usage of public transport. 

MERFE

I filled up yesterday at Asda and it was 155.7, the BP close to my home was 168.9 that is a huge difference. It would almost make it worth driving to Asda for the cheaper fuel to fill up, I just happened to be passing on the way home from a day out. 

Grey_Critic

Car_54 said:

Grey_Critic said:

 A litre of petrol/diesel @ £1.00 = £4.55 a gallon - easy to work out how much we are being ripped off.

I don't think anyone has a fixation, just (a) metric makes life a lot simpler in general and (b) you haven't been able to buy a gallon for donkey's years.

Would you want petrol to be priced in groats?

But we still travel Miles - our speed limits are Miles. You might thing metric makes life simpler but the upside of retailing makes it far easier to fool people.

Herzlos

Thrugelmir said:

Return to the days of higher usage of public transport. 

Not whilst public transport is less convenient and more expensive than using the car. I'm maybe an edge case by the only direct train between here and where I work is twice a day in each direction, and costs £25 return. I can do the same in a car by myself for £10. Fuel would need to go up to about £4/l before the train became the cheaper option, assuming the train doesn't also get more expensive, and even then there wouldn't be any more of them.

I'm a big proponent of public transport, but outside of the cities is pretty much garbage.

Of course, we really need to do something for the people who drive when they could just walk, but people are largely lazy.