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Petrol to rise to £2.30 a Litre ?!!

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Comments

  • posh*spice
    posh*spice Posts: 1,398 Forumite
    and I read of a 20% fall-off in UK petrol sales (YOY) today.

    but I can't remember where!

    early alzheimer's, obviously.

    It was the headline in the Telegraph - don't know what the source was?:confused: Does anyone know?
    Turn your face to the sun and the shadows fall behind you.
  • amcluesent
    amcluesent Posts: 9,425 Forumite
    >Anyone got any other ideas on reducing fuel costs?<

    Get your car's ECU remapped to maximise fuel economy, the improvement is best for diesels.
  • WTF?_2
    WTF?_2 Posts: 4,592 Forumite
    posh*spice wrote: »
    Oh shame on you !!!!!!? .......and there was I thinking you were nice:naughty:

    Don't worry- if Diesel goes to 2 quid a litre anytime soon I'll be on my bike. ;)

    Although, I'm not 100% confidant of being in a job come the end of the year. We'll have to see how the economy goes.
    --
    Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.
  • epz_2
    epz_2 Posts: 1,859 Forumite
    my back of a fag packet maths
    Distance to/from work 90 miles (45 miles each way)
    Car fuel economy 24mpg , cars a bit of a boat
    Petrol in March 2007 93p
    Petrol now 117p

    so say 17 liters a day
    4.3 weeks a month


    Cost to drive to/from work per month:
    March 2007 = £339 though my company paid my petrol back then
    May 2008 = £427 - almost worth renting out there mid week

    At £2.30/litre it would be £840/month. :eek: i will have moved walking distance to work
  • RubyShoes
    RubyShoes Posts: 240 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I have no choice but to live further away from my job. I am a midwife, and the job situation is dire. The best I could get was 'bank' shifts at a hospital 40 miles from me. When (if!!!) I get a permanent job it is very unlikely to be local. I am basing that on the fact that there have been no advertised jobs less than 20 miles away in the 15 months since I qualified. In order to work I have accepted that it is likely I will have a 25-50 mile commute.

    I can't move because of my DP's work, and the fact that we need to be near family for childcare with working shifts. We also just bought a house, so selling isn't an option at all.

    Don't be so narrow minded LittleMissAspie.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Sometimes the cheapest house in an area is £150k, but 15 miles away they're £100k.

    So you do the 15 miles out. £60 extra in petrol per month, saving £200 in mortgage repayments. Especially if there's 2 of you in the car.

    If the only mortgage you could get was for £100k you couldn't live in the town anyway.

    And if you've never lived in the town, if the town centre isn't your home ground, then you're used to being a bit out.

    And a car's handy (essential) for getting about from village to village (family/friends) as public transport goes to/from a town, not round about the place.

    And the car's handy for shopping and retail park type places.
  • ultra10
    ultra10 Posts: 379 Forumite
    I think some might be missing the point a little... The main tangible contact people have with oil is when they put one of its derivitives in there car !!
    In Macro Economic terms this is not the main impact high oil prices have on the economy .. Ok you may be able to save some money on your cars fuel bill ?? but will you have a job in the first place any more ??
    Even a rise to say $150 a barrel for more than a few months will put the u.k economy firmly in Recession.. that now looks inevitable, infact it has for a few months..
  • Kez100
    Kez100 Posts: 2,236 Forumite
    It'll be lie-to-buy-not-drive soon!
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I don't know what companies etc will do about petrol expenses.

    Some jobs it is essential for you to have a car. So that the job cannot be done without one. Some companies are really tight on their petrol expenses. But even so, at which point is the person subsidising the organisation every mile they drive specifically on their behalf.

    e.g. taking an example from above. If a midwife has to drive to do a home birth, and claims back Xp petrol expenses. At which point is she subsidising that service?

    If a Local Govt worker (say a social worker, teacher, solicitor) has, for their job, to attend a case conference 20 miles away and claims the expenses back - at which point are they subsidising the Council?

    While Local Govt/NHS workers are most likely paid the full going rate for expenses, many small private firms pay 20-30p/mile.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    epz wrote: »
    my back of a fag packet maths
    Distance to/from work 90 miles (45 miles each way)
    Car fuel economy 24mpg , cars a bit of a boat
    Petrol in March 2007 93p
    Petrol now 117p

    so say 17 liters a day
    4.3 weeks a month


    Cost to drive to/from work per month:
    March 2007 = £339 though my company paid my petrol back then
    May 2008 = £427 - almost worth renting out there mid week

    At £2.30/litre it would be £840/month. :eek: i will have moved walking distance to work
    Drive there/back once a week. Sleep in the car the other nights. Just smell bad.

    Yes, on those figures I'd have got myself a house-share there for Mon-Thu by now. Or just a camper van.
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