Author Topic: Petrol prices (Read 20407 times)

lew600fazer · « **on:** 04 December 2014, 12:26:19 pm »

I wonder when we will see fuel prices like these in the UK or Spain for that matter.
https://www.facebook.com/photo.php?fbid=1535112070062321&set=gm.833272590049630&type=1

YamFazFan · « **Reply #1 on:** 13 December 2014, 11:24:05 am »

There was a petrol station in Chelsea in the news yesterday that was charging £1:79.9p per litre of super-unleaded!

.

lew600fazer · « **Reply #2 on:** 13 December 2014, 12:09:06 pm »

£1.79, Well suppose they can afford to pay that kind on money down there, not like us poor northerners.

darrsi · « **Reply #3 on:** 13 December 2014, 12:33:15 pm »

Can't help but notice that it has no cars!

http://www.dailymail.co.uk/news/article-2063971/Is-expensive-petrol-Britain-Its-dear-price-isnt-shown-board.html

keithfzs1000 · « **Reply #4 on:** 13 December 2014, 01:34:39 pm »

1.15 at moment and falling lol

red98 · « **Reply #5 on:** 13 December 2014, 03:46:09 pm »

Filled my pick up........up.........yesterday, always run it till the light comes on and a bit more, its been taking just over £50 , yesterday........£42..........I like that

YamFazFan · « **Reply #6 on:** 13 December 2014, 04:44:01 pm »

I always fill my Mazda6 right up to full when it gets down to about 1/2 way between 1/4 tank & empty,which usually lasts approx 3 weeks,but just lately I've been topping it up more often while the prices are lower (thinking they might rocket up again soon).I'm now wondering how much of the potential saving I am losing because i'm carrying more fuel weight around for longer

red98 · « **Reply #7 on:** 13 December 2014, 05:16:12 pm »

I think the price is due to go up in jan/feb, not the oil companys this time but the government. ?...vaguely remember it being mentioned in the last budget....

Hedgetrimmer · « **Reply #8 on:** 13 December 2014, 05:45:29 pm »

But they're also talking about further drops in oil prices passing on to the pumps, so will it balance out? I can see there being some very disgruntled folks if it doesn't.

darrsi · « **Reply #9 on:** 13 December 2014, 06:54:02 pm »

Quote from: nick crisp on 13 December 2014, 05:45:29 pm

But they're also talking about further drops in oil prices passing on to the pumps, so will it balance out? I can see there being some very disgruntled folks if it doesn't.

What can you do though, not buy it?
They can do whatever they want!

YamFazFan · « **Reply #10 on:** 13 December 2014, 06:58:14 pm »

Top fuel saving tips....

http://www.moneysavingexpert.com/travel/

(in the 'Cheap petrol & diesel' category)

noggythenog · « **Reply #11 on:** 13 December 2014, 07:05:24 pm »

I just say enjoy it while it lasts

It's like the feeling when you find a fiver in an old pairs of jeans. I found £20 in my bike jacket i was made up

We dont often get such special treats

Aegis Bearing Mel · « **Reply #12 on:** 13 December 2014, 08:56:55 pm »

I was $1.979 a litre yesterday, quite happy as it's dropped from about $2.20 or so over the course of the last month.
Works out at 0.979 quid a litre.

lew600fazer · « **Reply #13 on:** 14 December 2014, 01:18:56 pm »

Filled the car up yesterday €1.11 a litre Deisel. Went out on the bike €1.18 a litre and that was at a very expensive BP station Have seen it a low as €1.15. So what excuse will Osbourne have for putting 3p on fuel duty in the new year. Britain has it's own oil not sure how much oil Spain produces, typical rip off fecking Britain.

mtread · « **Reply #14 on:** 14 December 2014, 08:31:44 pm »

Fuel duty will be frozen until at least after the next election (May 2015)
https://www.gov.uk/government/speeches/chancellor-george-osbornes-autumn-statement-2014-speech
so just enjoy

slappy · « **Reply #15 on:** 14 December 2014, 09:31:49 pm »

Fuel prices are dropping because there is a glut of oil at the moment due to over production. The oil firms will produce less now to force the price per barrel back up. The company I work for make the parts that sit on the seabed below the rigs and we have no significant orders for next year or 2016, but we were flat opt for the last 3 years.

Gingernutz · « **Reply #16 on:** 14 December 2014, 09:41:22 pm »

I met an economist the other day - lecturer in Uni- and he reckons that the price may stay low for a while. His theory - the Saudis are trying to make it uneconomical to frack shale for oil and gas. The process is very dear and if the price of oil doesn't make it worth while they will have to stop. The US is self sufficient for oil due to fracking so this is seen as a big threat to OPEC. How much is behind this? Who knows

lew600fazer · « **Reply #17 on:** 14 December 2014, 11:51:28 pm »

BP have just signed up for a fracking deal off shore Qartar for LNG gas.
There could be a lot in what you say though. The Saudis are to late to pull that stroke. The yanks are already commited to fracking and are using it as a lever to piss off the Russians as they are shipping gas to Europe now. When Putin threatens to shut the gas valve to EU countries there is a very good chance the EU may say go ahead then but if you do, do not bother opening it again as we have an alternative supplier.

mtread · « **Reply #18 on:** 15 December 2014, 08:48:10 pm »

I think what's quite clear, is that the price is not down to the natural market forces of supply and demand. It's a political/commercial weapon, and us poor sods will end up paying whatever we're told to pay !
Hope low prices last until next summer

VNA - BMW Wank · « **Reply #19 on:** 16 December 2014, 07:07:11 pm »

Here's a thought.

I wonder what the price of petrol was the last time oil was 60-65 dollars a barrel.

I don't know, but I'd guess it would have been well under one quid a litre.

noggythenog · « **Reply #20 on:** 16 December 2014, 07:38:23 pm »

Quote from: mtread on 15 December 2014, 08:48:10 pm

I think what's quite clear, is that the price is not down to the natural market forces of supply and demand. It's a political/commercial weapon, and us poor sods will end up paying whatever we're told to pay !
Hope low prices last until next summer

im with you here....I was wondering earlier about how much of this is to hurt Russia too as they are now struggling again with the drop in what they can sell their oil and gas for.

lew600fazer · « **Reply #21 on:** 16 December 2014, 09:02:56 pm »

Would certainly hurt an independent Scotland

slappy · « **Reply #22 on:** 16 December 2014, 09:32:12 pm »

Quote from: lew600fazer on 16 December 2014, 09:02:56 pm

Would certainly hurt an independent Scotland

Now now Lew, stop poking VNA.

VNA - BMW Wank · « **Reply #23 on:** 16 December 2014, 10:00:23 pm »

It's gonna hurt the UK Lew, big time.

Loads of North Sea Investment will be on hold shortly.

If the price keeps falling, they might stop some production.

And yes it's gonna hurt Scotland, looks likes thousands and thousands of job losses up here.

And perhaps worse than that is that the last thing the world needs right now is cheap fossil fuels. It's gonna bite us all.

lew600fazer · « **Reply #24 on:** 16 December 2014, 10:38:00 pm »

Quote from: slappy on 16 December 2014, 09:32:12 pm

Quote from: lew600fazer on 16 December 2014, 09:02:56 pm
Would certainly hurt an independent Scotland

Now now Lew, stop poking VNA.

Sorry Slappy, could not resist, suddenly though it is going to hurt the UK now, but I thought it was Scottish oil?? Do not see how it is going to hurt the Motorists south of the border. We will be fracking our own gas soon enough, Fossil fuels, who gives a fuck the planet is bollocked anyway.