Petrol prices- when does the madness end?

Petrol prices- when does the madness end?

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Discussion

and31

3,204 posts

129 months

Saturday 23rd July 2022
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Smint said:
Similar here, artic blower tanker, tipping for roughly 1 hour at a time with blower/hydraulics running off the PTO.

Just out of interest, blowing a load off...ooer missus...uses between 7 and 9 litres of fuel, which doesn't man a big difference when the journey each way is 3+ hours and refill 150/200 litres, but a sizeable proportional hit on economy when the drop is 30 minutes away and refill is 45 litres.

I walked past an 07 plate Hino 8 wheel grabber picking up stone from some roadworks a couple of years ago, running probably around the 800rpm mark, engine sounded as sweet as any i've ever heard.

My own Diesel car hanging on as long as possible before going for a refill, hoping it might come down another 5p or so, in other news Morrisons again have no LPG for the last 3 weeks, forecourt claim calor say they have plenty of lpg but can't deliver for some reason also claim they are not answering calls, anyone's guess what is the truth any more.


Edited by Smint on Saturday 23 July 13:29
Engine on the Hino might have sounded sweet-nothing else about them could be described as a positive-utter piece of st!!
I’d rather drive a Bedford KM every day-I’m not joking
I can be using the crane all day some days and drive 50 miles,or do 250 miles and use the crane for 25 minutes-always varied.the switch on my crane for the hand throttle gives it 800 rpm,but if I’m in a hurry (blocking the road!) I can shove it up as high as I want using the cruise control-1100 rpm is about as high as I’ll go,end up blowing hoses otherwise lol

RammyMP

6,821 posts

155 months

Saturday 23rd July 2022
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snoopy25 said:
Dg504 said:
EUR 1.89 just now for e10 at the hyper market - makes it about £1.61 so not bad. Even some of the autoroute services were 1.80 odd yesterday
Yep on West Coast France at the moment and it's €1.85 a litre for E10. However on the motorway down we saw E5 AT €2.32!!

Hypermarkets def the cheapest out on France at the moment smile
It’s just over €2 a litre for petrol in Portugal at the moment

28Kapital

34 posts

24 months

Saturday 23rd July 2022
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I don't drive currently although I do regular check the price of petrol as awaiting for a new car, my local costco is £1.69, it does fluctuate every other day or so wonder when It wall fall back to its £1.30 mark there's only one man who can sort this mess out & that's RISHI SUNAK lol

DonkeyApple

56,230 posts

171 months

Saturday 23rd July 2022
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28Kapital said:
I don't drive currently although I do regular check the price of petrol as awaiting for a new car, my local costco is £1.69, it does fluctuate every other day or so wonder when It wall fall back to its £1.30 mark there's only one man who can sort this mess out & that's RISHI SUNAK lol
Petrol doesn't have a 'mark' and no U.K. politician has any influence or control over the USD oil market.

£1.60 is about where we'd be today without Covid. The £1.50s are about the best to hope for.

sanguinary

1,353 posts

213 months

Sunday 24th July 2022
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cobra kid said:
andburg said:
costco sheffield now down to 172.9 for unleaded (+6 Super, +10 diesel)
My neighbour goes there and offered me his card. He said the downside was a 20 minute queue to get in.
Costco Gateshead is only 10 mins from me, so I use it all the time. It’s busy through most of the day, however the wait each time has been ten minutes max.

Last Saturday morning the staff were checking membership cards at the pumps, so one to be wary of.

Dr Interceptor

7,841 posts

198 months

Tuesday 26th July 2022
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Diesel is cheaper than unleaded at my local Morrisons this morning at 184.9 (Farnborough)

ChocolateFrog

26,015 posts

175 months

Tuesday 26th July 2022
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DonkeyApple said:
28Kapital said:
I don't drive currently although I do regular check the price of petrol as awaiting for a new car, my local costco is £1.69, it does fluctuate every other day or so wonder when It wall fall back to its £1.30 mark there's only one man who can sort this mess out & that's RISHI SUNAK lol
Petrol doesn't have a 'mark' and no U.K. politician has any influence or control over the USD oil market.

£1.60 is about where we'd be today without Covid. The £1.50s are about the best to hope for.
It's a sign of how warped perceptions now are that £1.50l sounds reasonable.

DonkeyApple

56,230 posts

171 months

Tuesday 26th July 2022
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ChocolateFrog said:
It's a sign of how warped perceptions now are that £1.50l sounds reasonable.
True but since 2014 we've had a devaluing £ against the USD and the market has been loaded up with more and more green costs so we've been in a rising market for petrol for nearly a decade. Pre Covid we were at around £1.40 so given an oil price back inline with recent pricing you'd expect pricing to be around £1.50-60 now anyway.


ARHarh

3,856 posts

109 months

Tuesday 26th July 2022
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Paid 166.9 for unleaded yesterday in a small rural garage on the Welsh border. 23p cheaper than Tesco 4 miles up the road.

mattyprice4004

1,327 posts

176 months

Tuesday 26th July 2022
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Roman Rhodes said:
What makes you say that? It clearly isn’t the case.
It used to be one of their ‘things’ - but these days it’s quite easy to prove that isn’t the case.
I was curious enough to get some wholesale prices from two friends of mine, one at a large dairy supplier and another at a soft drink manufacturer - there’s healthy margin in there.

Perhaps they mean once store staff, rent etc are factored in?

Uncle Meat

741 posts

252 months

Tuesday 26th July 2022
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I don't have a clue how the pricing/ordering/delivery mechanisms work for the fuel stations but round here Esso and Shell are now the cheapest in town, by some margin.
Asda and Tesco are 6p or 7p more and have been consistently since the beginning of the year whereas they were always the cheapest by several pence.
What's changed for them not to bother to be competitive any more?

DonkeyApple

56,230 posts

171 months

Tuesday 26th July 2022
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Uncle Meat said:
I don't have a clue how the pricing/ordering/delivery mechanisms work for the fuel stations but round here Esso and Shell are now the cheapest in town, by some margin.
Asda and Tesco are 6p or 7p more and have been consistently since the beginning of the year whereas they were always the cheapest by several pence.
What's changed for them not to bother to be competitive any more?
I wonder if it's their wholesale buying model combining with not seeing enough change in consumer behaviour to warrant having to compete?

Dr Interceptor

7,841 posts

198 months

Tuesday 26th July 2022
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Uncle Meat said:
I don't have a clue how the pricing/ordering/delivery mechanisms work for the fuel stations but round here Esso and Shell are now the cheapest in town, by some margin.
Asda and Tesco are 6p or 7p more and have been consistently since the beginning of the year whereas they were always the cheapest by several pence.
What's changed for them not to bother to be competitive any more?
Perceived value? People buy it because they assume that the supermarket fuel will be cheaper, without actually verifying that it is.

CarCrazyDad

4,280 posts

37 months

Tuesday 26th July 2022
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DonkeyApple said:
ChocolateFrog said:
It's a sign of how warped perceptions now are that £1.50l sounds reasonable.
True but since 2014 we've had a devaluing £ against the USD and the market has been loaded up with more and more green costs so we've been in a rising market for petrol for nearly a decade. Pre Covid we were at around £1.40 so given an oil price back inline with recent pricing you'd expect pricing to be around £1.50-60 now anyway.
To be fair isn't around £1.50 now with inflation not actually much if any more expensive than the days of 99P ?

RazerSauber

2,330 posts

62 months

Tuesday 26th July 2022
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MSN reporting June's petrol sales took a 4.3% hit as prices were at the peak.

Link

Had a knock on effect on other shopping habits too. At least fuel is heading in the right direction.

4.3% petrol reduction presumably meant people reducing travel but nobody seemed to notice it. I certainly didn't when stuck in the usual traffic jams.

DonkeyApple

56,230 posts

171 months

Tuesday 26th July 2022
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CarCrazyDad said:
To be fair isn't around £1.50 now with inflation not actually much if any more expensive than the days of 99P ?
It's hard to correctly factor the impact of inflation as all major currencies have printed such vast amounts of new capital since 2009. What is easier to see is that the GBP has plummeted against the USD over that period from being almost $2 to £1 to today where we are facing potential parity. In addition to that significant rise in the cost of the underlying there has been the significant addition of eco costs throughout and then there are the magic additives that force you to buy from one brand over another for almost no logical reason.

But the quickest solution to many pricing issues is often transparency. Forcing retailers to publish on their boards an average wholesale price from the refineries that day along with the price of Brent would work wonders in getting consumers to develop a more natural understanding of pricing, inhibit any element of the industry from mucking about and equally importantly, disarming the tinfoil vendors who prey on the mentally feeble and mentally bone idle.

Megaflow

9,506 posts

227 months

Tuesday 26th July 2022
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RazerSauber said:
MSN reporting June's petrol sales took a 4.3% hit as prices were at the peak.

Link

Had a knock on effect on other shopping habits too. At least fuel is heading in the right direction.

4.3% petrol reduction presumably meant people reducing travel but nobody seemed to notice it. I certainly didn't when stuck in the usual traffic jams.
The only surprise with that is the reduction was only 4.3%

Chris Stott

13,579 posts

199 months

Tuesday 26th July 2022
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Feels almost sensible here in southern spain... €1.89 pump price (basic unleaded or diesel) less a .20c per litre government subsidy... so €1.69, or about £1.44.

DonkeyApple

56,230 posts

171 months

Tuesday 26th July 2022
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Megaflow said:
The only surprise with that is the reduction was only 4.3%
It is interesting. It either shows that almost no one can limit their fuel consumption (which we know to be manifestly not the case) or that almost no one cared enough about the price to change any habits.

There will also be a bit of impact stemming from just how equally efficient the bulk of modern cars are and how moderating one's driving style delivers very little return in contrast to previous decades.

Pelicula

430 posts

24 months

Wednesday 27th July 2022
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Megaflow said:
RazerSauber said:
MSN reporting June's petrol sales took a 4.3% hit as prices were at the peak.

Link

Had a knock on effect on other shopping habits too. At least fuel is heading in the right direction.

4.3% petrol reduction presumably meant people reducing travel but nobody seemed to notice it. I certainly didn't when stuck in the usual traffic jams.
The only surprise with that is the reduction was only 4.3%
The vast majority on the roads have no choice. Their commutes, delivery routes, weekly school runs etc remain unchanged for the many.
Only a small and fortunate percentage can currently choose to drive less often.
The cheap end of motoring is being made increasingly and quite deliberately less enjoyable to increase the fodder for public transport.