Is there any hope of petrol prices going back...?

Is there any hope of petrol prices going back...?

Author
Discussion

daemon

35,822 posts

197 months

Sunday 19th October 2014
quotequote all
matthias73 said:
Relatively speaking the price we pay at the pump has been going down over the last couple of years..
+1

I recall paying 135.9p for diesel per litre in 08.

Paid 128.7 (minus 8p tescos offer off) last week.

Back then I'd a 3.0tdi doing 30mpg, now have a 1.6tdi doing 66mpg

Thankyou4calling

10,602 posts

173 months

Sunday 19th October 2014
quotequote all
daemon said:
+1

I recall paying 135.9p for diesel per litre in 08.

Paid 128.7 (minus 8p tescos offer off) last week.

Back then I'd a 3.0tdi doing 30mpg, now have a 1.6tdi doing 66mpg
You surely wouldn't have paid that in 2008 in the UK.

J18NHS

1,064 posts

153 months

Sunday 19th October 2014
quotequote all
It dropped a few pence this week I think it was 123.9p for petrol when I was at the pump yesterday,

I'd be driving a V8 if it was around the £1 per/L mark

daemon

35,822 posts

197 months

Sunday 19th October 2014
quotequote all
Thankyou4calling said:
daemon said:
+1

I recall paying 135.9p for diesel per litre in 08.

Paid 128.7 (minus 8p tescos offer off) last week.

Back then I'd a 3.0tdi doing 30mpg, now have a 1.6tdi doing 66mpg
You surely wouldn't have paid that in 2008 in the UK.
118.7p for unleaded peak 08 on petrol prices.com

Slightly more here in NI then a premium for diesel.

I can remember because the x5 took 100 litres so a tank full was around £135



kambites

67,568 posts

221 months

Sunday 19th October 2014
quotequote all
Fuel prices might have been rising in real terms, but I'm pretty sure the average cost of running a car has not. I think the combination of ever-falling list prices, low interest rates and increasing fuel economy means motoring is cheaper now than it's ever been.

Tannedbaldhead

2,952 posts

132 months

Sunday 19th October 2014
quotequote all
In a word no.

Factors other than the headline cost of oil come into play. Refining costs, transportation costs, the costs of leasing and running petrol stations, the wages of the station staff, the sophistication of the latest pumps, the additives to the fuels etc etc. Thus even though the price of a barrel of oil may drop to 1990s levels the price of a litre of petrol will get nowhere near dropping in direct proportion.

PitmanJack

172 posts

118 months

Sunday 19th October 2014
quotequote all
I passed my test in December 2006 and I'm sure the local petrol station down the road was selling at 90p litre. I can't see prices dropping as low as that, and it was only 8 years ago.

Martin4x4

6,506 posts

132 months

Sunday 19th October 2014
quotequote all

No.

The price of Oil has fallen by 12%, while the pump price of petrol has fallen by only 3%. We will continue to get ripped off.

SimonYorkshire

763 posts

116 months

Sunday 19th October 2014
quotequote all
October 2014 and I've just filled the tank on my 3.3L Chrysler Grand Voyager at 59.9p/litre... This car will only do 25mpg on a long cruise but I am un-concerned.. At the prices I pay it costs me as much to run this large people carrier as it does for one of you guys to run a Ford Fiesta! My secret is hardly a secret - Instead of paying petrol or diesel prices (which seems to be the only options you guys consider) I run my vehicle on LPG. It drives exactly the same on LPG as on petrol. I can switch between LPG or petrol by pressing a button on the dashboard, but I would never choose to run on petrol lol. However, If I were to run out of LPG it would seamlessly switch back to petrol automatically..

LPG is better for my engine than petrol, my oil hardly changes colour after 10k miles, my engine never gets carbon'd up, LPG is much higher octane than even super unleaded, no chance of detonation damage to the engine.

Anyway, anyone who still misguidedly thinks LPG is in any way worse for their engine than petrol needs to think again - You cannot buy petrol these days! All petrol is now a blend of petrol and ethylene, usually around 5 to 10% ethylene... A vehicle that gave 30mpg on petrol in 1990 will give slightly less mpg on the petrol that is available today.

Mind blowing that we have a forum thread like this and nobody has yet suggested converting to LPG. LPG conversions are my profession, I can convert any petrol engine including 800bhp supercharged V8's and the driver won't know the difference except for the cost of the fuel.

Simon

Edited by SimonYorkshire on Sunday 19th October 18:10

GC8

19,910 posts

190 months

Sunday 19th October 2014
quotequote all
We've got a live one here!

jamoor

14,506 posts

215 months

Sunday 19th October 2014
quotequote all
Martin4x4 said:
No.

The price of Oil has fallen by 12%, while the pump price of petrol has fallen by only 3%. We will continue to get ripped off.
You clearly have no idea how road fuel is taxed.

SimonYorkshire

763 posts

116 months

Sunday 19th October 2014
quotequote all
GC8 said:
We've got a live one here!
Hehe! I am renowned for long posts that don't hold back on other forums...
Seriously though, someone posting on this thread has said it costs £135 to fill their X5. I have converted dozens and dozens of X5's to LPG, from the 3L straight 6's, the usual 4.4V8's and the special ones like 4.6 / 4.8 Valvetronic... The most recent is waiting to be collected by it's owner. They all run on LPG just like they do on petrol, but the owner pays only half price for the fuel.. The tankful that cost the guy on this thread £135 would cost LPG converted X5 owners only around half that price (less than half at the garage where I filled up today). They do slightly less mpg on LPG compared to petrol but the real savings are still around 40%.. X5 conversion cost £1395.. the owner will recoup this much in no time in fuel costs, or if the owner sells the vehicle the vehicle is worth more because of the LPG system and vastly increased economy. LPG converted X5 V8's cost less to run than the diesel models, can be bought cheaper than the diesel models, are nicer to drive than the diesel models.

Seems a no brainer? Yet many people sell their nice big cars to spend a lot of money for recent diesels that will do 70mpg at a constant 56mph.. Their new cars depreciate as new cars do... They would be better off sticking with the car that they already own, which they really like, and converting it to LPG.

People seem to often suffer from a brain block when it comes to doing the maths... A few years ago a neighbour bought a Landrover Freelander diesel and was boasting to me that it would be 40mpg on a good run. At the time I had an LPG converted BMW750 with the 5.4L V12 engine... He said 'Phooow I bet that costs a lot to run'. 'Probably a bit more economical to run than your diesel, mate' I said. 'No way how many mpg will your V12 do' he asked. 'About 20 on a good run, much less around town, but then I pay less than half the price you pay for the fuel' I said.. Could see his mind ticking but he didn't seem to get it. 'I still get 25mpg with the caravan on the back' he says... 'My car would only have to get 12mpg with the caravan on the back to be equally economical' I said.. 'Anyway, each to their own, hope you like your new 4cyl diesel that sounds like a tractor... I'll stick with my silent and ultra smooth V12' I said.. '

Simon

Edited by SimonYorkshire on Sunday 19th October 18:45

anonymous-user

54 months

Sunday 19th October 2014
quotequote all
SimonYorkshire said:
October 2014 and I've just filled the tank on my 3.3L Chrysler Grand Voyager at 59.9p/litre... This car will only do 25mpg on a long cruise but I am un-concerned.. At the prices I pay it costs me as much to run this large people carrier as it does for one of you guys to run a Ford Fiesta! My secret is hardly a secret - Instead of paying or diesel prices I run my vehicle on LPG. It drives exactly the same on LPG as on petrol. I can switch between LPG or petrol by pressing a button on the dashboard, but I would never choose to run on petrol lol.

LPG is better for my engine than petrol, my oil never even gets dirty, my engine never gets carbon'd up, LPG is much higher octane than even super unleaded, no chance of detonation damage to the engine.

Anyway, anyone who still misguidedly thinks LPG is in any way worse for their engine than petrol needs to think again - You cannot buy petrol these days! All petrol is now a blend of petrol and ethylene, usually around 5 to 10% ethylene... A vehicle that gave 30mpg on petrol in 1990 will give slightly less mpg on the petrol that is available today.

Mind blowing that we have a forum thread like this and nobody has yet suggested converting to LPG. LPG conversions are my profession, I can convert any petrol engine including 800bhp supercharged V8's and that drive won't know the difference except for the cost of the fuel.

Simon
Does it still cost many thousands of pounds to convert a car correctly, meaning that it may take many, many years to recoup the cost, if ever?.
Do the tanks still have to be installed in the spare wheel well or another annoying location?
Given LPG was known to cause then technologically advanced cars engine management systems to malfunction a good 10 years ago, how's LPGing modern direct injection petrol engines working out?
And of course, and surely it must go without saying that we don't have to ruin the factory designed curves of our cars by adding a random generic Fuel cap, right?

Anyway, isn't the protection that keeps the tax on LPG low due to expire soon?

BugLebowski

1,033 posts

116 months

Sunday 19th October 2014
quotequote all
SimonYorkshire said:
GC8 said:
We've got a live one here!
Hehe! I am renowned for long posts that don't hold back on other forums...
Seriously though, someone posting on this thread has said it costs £135 to fill their X5. I have converted dozens and dozens of X5's to LPG, from the 3L straight 6's, the usual 4.4V8's and the special ones like 4.6 / 4.8 Valvetronic... The most recent is waiting to be collected by it's owner. They all run on LPG just like they do on petrol, but the owner pays only half price for the fuel.. The tankful that cost the guy on this thread £135 would cost LPG converted X5 owners only around half that price (less than half at the garage where I filled up today). They do slightly less mpg on LPG compared to petrol but the real savings are still around 40%.. X5 conversion cost £1395.. the owner will recoup this much in no time in fuel costs, or if the owner sells the vehicle the vehicle is worth more because of the LPG system and vastly increased economy. LPG converted X5 V8's cost less to run than the diesel models, can be bought cheaper than the diesel models, are nicer to drive than the diesel models.

Seems a no brainer? Yet many people sell their nice big cars to spend a lot of money for recent diesels that will do 70mpg at a constant 56mph.. Their new cars depreciate as new cars do... They would be better off sticking with the car that they already own, which they really like, and converting it to LPG.

Simon
BREAKING NEWS: MAN WHO INSTALLS LPG CONVERSIONS SAYS LPG IS THE GREATEST THING SINCE SLICED BREAD!!!!

wfarrell

232 posts

220 months

Sunday 19th October 2014
quotequote all
..Chelmsford Texaco offering std unleaded for £1.21 per litre this morning. Still too much, but better than most.


kambites

67,568 posts

221 months

Sunday 19th October 2014
quotequote all
SimonYorkshire said:
Mind blowing that we have a forum thread like this and nobody has yet suggested converting to LPG. LPG conversions are my profession, I can convert any petrol engine including 800bhp supercharged V8's and the driver won't know the difference except for the cost of the fuel.
I'd like to see you convert mine without ruining it - you might manage the engine, but I'm not sure where you'd put the extra fuel tank. hehe

daemon

35,822 posts

197 months

Sunday 19th October 2014
quotequote all
SimonYorkshire said:
GC8 said:
We've got a live one here!
Hehe! I am renowned for long posts that don't hold back on other forums...
Seriously though, someone posting on this thread has said it costs £135 to fill their X5. I have converted dozens and dozens of X5's to LPG, from the 3L straight 6's, the usual 4.4V8's and the special ones like 4.6 / 4.8 Valvetronic... The most recent is waiting to be collected by it's owner. They all run on LPG just like they do on petrol, but the owner pays only half price for the fuel.. The tankful that cost the guy on this thread £135 would cost LPG converted X5 owners only around half that price (less than half at the garage where I filled up today). They do slightly less mpg on LPG compared to petrol but the real savings are still around 40%.. X5 conversion cost £1395.. the owner will recoup this much in no time in fuel costs, or if the owner sells the vehicle the vehicle is worth more because of the LPG system and vastly increased economy. LPG converted X5 V8's cost less to run than the diesel models, can be bought cheaper than the diesel models, are nicer to drive than the diesel models.

Seems a no brainer? Yet many people sell their nice big cars to spend a lot of money for recent diesels that will do 70mpg at a constant 56mph.. Their new cars depreciate as new cars do... They would be better off sticking with the car that they already own, which they really like, and converting it to LPG.

Simon
Firstly, mine was a brand new X5. If i'd opted for even say the 3.0i it would have benn just £300 cheaper list price, and i probably wouldnt have got as much off as they'd have had to order it in (mine was a cancelled order sitting in the showroom)

If i'd opted for the V8, i'd have been paying £12000 more.

So it would have cost me MORE for even a 3.0i plus your conversion.

Also, i cant see BMW being very happy with the engine having been tampered with. So say the injectors went or the fuel pump, i could forsee them declining a claim. Not so much fun on a £50K car.

Also, come resale time, no matter what you say, there is still a reluctance in the trade to involve themselves with LPG converted cars. For example, when i'd went to trade the LPG 3.0i back in again, my local franchised dealer wouldnt have wanted it on his forecourt, so i'd have been offered auction price for it, not the price he could give me for a resale quality car.

However, other than that, i generally take your point.

SimonYorkshire

763 posts

116 months

Sunday 19th October 2014
quotequote all
279 said:
Does it still cost many thousands of pounds to convert a car correctly, meaning that it may take many, many years to recoup the cost, if ever?.
Do the tanks still have to be installed in the spare wheel well or another annoying location?
Given LPG was known to cause then technologically advanced cars engine management systems to malfunction a good 10 years ago, how's LPGing modern direct injection petrol engines working out?
And of course, and surely it must go without saying that we don't have to ruin the factory designed curves of our cars by adding a random generic Fuel cap, right?

Anyway, isn't the protection that keeps the tax on LPG low due to expire soon?
I convert most 4 cylinder cars for £1000. I recently converted a Porsche Boxster for £1400, recently converted a Vauxhall Monaro V8 for £1300... Not many thousands there mate, must have cut the amount of time you'd expect to take to recoup the cost of the conversion down by less than half?
Is your spare wheel being in your spare wheel well annoying you too? Tanks can go in the spare wheel location, or in the boot, or on some vehicles a smaller petrol tank can be fitted to make space for an LPG tank. Most installs involve the tank being fitted in the spare wheel well.. The owner can decide whether to carry his normal spare in the boot, or maybe get a space saver smaller spare to carry in the boot, but most prefer to simply carry a can of instant tyre repair. Some modern vehicles don't even come with a spare wheel! When was the last time anyone changed their wheel for the spare at the side of the road? Then we have many people being members of the AA / RAC etc... As long as you have a can of tyre repair they will take your vehicle home even if you don't have the spare wheel... Those options again.. Pay full price for fuel, or convert to LPG and run your vehicle for half price. If you run on LPG, choose whether to throw your spare in the boot, or not. If not, carry a can of tyre repair.

If a vehicle was converted 10 years ago and had problems with engine warning light issues etc then the installer did a cr** job, none of the vehicles I converted 10 years ago had problems. If you know of any LPG converted vehicle that has poor driveability or engine warning light issues, advise the owner to come to me - I will put it right at reasonable cost.

Not all direct injection cars can be converted but the majority can, direct injection vehicle specific LPG systems are now available for most. The most recent direct injected vehicle I converted was a Mazda CX7 with the 2.3 turbo direct injected engine. However, 99% Of cars on the road are not direct injection, they are port injection and can be converted using more mainstream LPG equipment.

You don't have to ruin the curves of a vehicle by fitting a filler in the wing etc - Most of my customers prefer a 25mm square cap type filler fitted low and central at the rear of the vehicle, thus allowing them to use a pump at either side of the vehicle and this doesn't involve making any holes in the vehicle at all. The owner of the recent Porsche I converted preferred his filler to be hidden behind the petrol filler cap (right at the side of the petrol filler).
Reduced road tax was never the incentive to convert to LPG, half price fuel always was... What would you rather do, save maybe £100 on road tax or have half price fuel?

Simon

daemon

35,822 posts

197 months

Sunday 19th October 2014
quotequote all
SimonYorkshire said:
Reduced road tax was never the incentive to convert to LPG, half price fuel always was... What would you rather do, save maybe £100 on road tax or have half price fuel?

Simon
I know you're pitching, but realistically its not "half price". Its 70p v approx 120p, and also a car running on LPG could see a 15% drop in economy, so realistically its maybe 1/3 cheaper.

Still good but not as headline grabbing as "half price"

flatso

1,240 posts

129 months

Sunday 19th October 2014
quotequote all
HD Adam said:
None whatsoever.

Even if oil dropped to $10/bbl again, the tax would be increased on it to keep the easy money rolling in.
You can dance around a philosophise all you want, this post has pretty much summed it up. Now that the people have gotten used to paying these prices what exactly would be the point of lowering them? You have to understand the mentality of public servants and politicians.