Exactly how bad are fuel prices gonna get?

motorguy

Herzlos said:

motorguy said:

Grey_Critic said:

There is a very serious side to this. We are coming up to the dayn trip/weekend break/holiday season - At the rate things are going the day trips are the first that will suffer.

I doubt many people be willing to pay these inflated prices to sit in the bank holiday type jams and of course the knock on effect will be to his the various businesses who rely on this trade. Covid has already decimated many.

Agreed. 

I think its day trips / weekend breaks / evenings out / restaurant meals / drinks out that will take the brunt of this very quickly.  Thats where people can make savings relatively easily.  That has a knock on effect on businesses, etc.

I'm not sure. The folk going on day trips / weekend breaks / evenings out are the ones who still have disposable income, and can presumably still afford luxury trips. They'll moan about fuel costs but unless they are going on huge day trips the increase in fuel cost is going to be less than the cost of a coffee. So maybe they'll skip an extra drink, or stopping into Starbucks at the services.

It'll probably cause people who are already struggling with bills to just go out less, making the most vulnerable even more lonely.

I do remember last time the prices went mad about 15 years ago, people did at least drive notably slower for a while. I don't think it lasted as people got used to it and driving was still so much cheaper and more convenient than the alternatives.

I think those going on day trips and going out for a meal occasionally are very much the middle ground.  Those in the upper tiers wouldnt particularly be impacted and are probably planning on jetting off somewhere a couple of times at least this year but the general population who have a bit in their pocket every month for the odd treat are going to cut back on those first.

Also worth noting that the bigger the house, the more the energy price increases are going to impact.

motorguy

Sea_Shell said:

motorguy said:

Grey_Critic said:

There is a very serious side to this. We are coming up to the dayn trip/weekend break/holiday season - At the rate things are going the day trips are the first that will suffer.

I doubt many people be willing to pay these inflated prices to sit in the bank holiday type jams and of course the knock on effect will be to his the various businesses who rely on this trade. Covid has already decimated many.

Agreed. 

I think its day trips / weekend breaks / evenings out / restaurant meals / drinks out that will take the brunt of this very quickly.  Thats where people can make savings relatively easily.  That has a knock on effect on businesses, etc.

Self imposed Lockdown?     Just for a different reason. 

Yup.  More misery for the hospitality sector.

motorguy

Thrugelmir said:

Jenni_D said:

Will this fuel (pun intended) the switch to EV (or PHEV)?

Looks like the market for expensive EV's is beginning to slow down. Only so many people can afford them. Where's Tesla's version of the Ford Model T ?  

Cheap and EV have not been terms that have went together. 

We need the Dacia Spring to come to the UK.

https://electricvehicleweb.com/kwid-electric-dacia-spring-for-europe/

photome

sheslookinhot said:

photome said:

seen diesel at £1.78 today and petrol  £1.68

Diesel from a BP station west of Glasgow was £189.9p/l today.

Robbing barstewards

😮😮😮!!!!?.

paulie576

Long Stratton,Norfolk today.

troffasky

Since when did any garage sell litres ending in .0? Everything in life that I thought was certain, is not.....

DiseasedBunny

Near Liverpool today. 

[Deleted User]

Thrugelmir said:

Jenni_D said:

Will this fuel (pun intended) the switch to EV (or PHEV)?

Looks like the market for expensive EV's is beginning to slow down. Only so many people can afford them. Where's Tesla's version of the Ford Model T ?  

That will be the Nissan Leaf. 

I’ve just swapped in my used gas guzzler for a used leccy car. 

I reckon I’ve done the right thing as petrol cars will start to depreciate again soon. 

photome

paulie576 said:

Long Stratton,Norfolk today.

Crazy, I filled up a few miles from there yesterday , petrol for £1.50 a litre

Herzlos

Thrugelmir said:

Jenni_D said:

Will this fuel (pun intended) the switch to EV (or PHEV)?

Looks like the market for expensive EV's is beginning to slow down. Only so many people can afford them. Where's Tesla's version of the Ford Model T ?  

Is there any evidence for a slowdown? The EV market seems to be absolut'ely booming.

Not everyone can afford a Tesla, but they make good business sense and there are a lot of much cheaper EVs available like the Corsa.