Petrol prices- when does the madness end?

Petrol prices- when does the madness end?

Author
Discussion

bigothunter

11,297 posts

61 months

Tuesday 28th June 2022
quotequote all
DonkeyApple said:
And in reality, for most people the current higher costs netted against the near zero spend during lockdowns will mean few are actually out of pocket at all over a 3-4 year period.
When my finances are clearly strained at monthly reviews, I will draw inspiration from your words. Elevated price of fuel alongside escalating living costs are really no problem at all.

What on earth are so many privileged PHers moaning about? scratchchin





DonkeyApple

55,400 posts

170 months

Tuesday 28th June 2022
quotequote all
bigothunter said:
When my finances are clearly strained at monthly reviews, I will draw inspiration from your words. Elevated price of fuel alongside escalating living costs are really no problem at all.

What on earth are so many privileged PHers moaning about? scratchchin
Or, just stop being hysterical and focus on what is actually being discussed. wink

Once you've got a grip of yourself you'll suddenly realise that the main thrust that I've been putting forward is that the wider cost of living increases is a considerably more pertinent issue for almost everyone as opposed to the relatively minor issue of fuel pricing which for the most part can be accounted for by using the elasticity in most people's consumption.

The impact of winter utility bills is going to impact all people who live under a roof and dwarf a bit of personal fuel price inflation that only impacts car owners and within that group, only some and even then most can compensate by changing habits.

We're a car forum so will talk a lot about petrol pricing but that doesn't mean it is by any means the biggest issue facing society. And it isn't. Not by a long shot.

Nor does anything change the basic calculation that most car users weren't buying fuel during lockdowns and those that were were paying deflated prices due to the slump in oil value and that in all likelihood over the 3-4 year period of lockdowns and a couple of years of high oil after, it's most likely to work out as a zero sum gain for many. Obviously that doesn't help the pricing now but only someone being a bit too hysterical would think that was what was being mooted.

mattyprice4004

1,327 posts

175 months

Tuesday 28th June 2022
quotequote all
liner33 said:
If it was demand then then the oil price would be higher , I don’t believe it’s demand I think the biggest factor is refining costs and availability
Apparently refinery capacity for Diesel is a huge factor, as we used to buy some of our Diesel from the Ruskies

bigothunter

11,297 posts

61 months

Tuesday 28th June 2022
quotequote all
DonkeyApple said:
Or, just stop being hysterical and focus on what is actually being discussed. wink

Once you've got a grip of yourself you'll suddenly realise that the main thrust that I've been putting forward is that the wider cost of living increases is a considerably more pertinent issue for almost everyone as opposed to the relatively minor issue of fuel pricing which for the most part can be accounted for by using the elasticity in most people's consumption.

The impact of winter utility bills is going to impact all people who live under a roof and dwarf a bit of personal fuel price inflation that only impacts car owners and within that group, only some and even then most can compensate by changing habits.

We're a car forum so will talk a lot about petrol pricing but that doesn't mean it is by any means the biggest issue facing society. And it isn't. Not by a long shot.

Nor does anything change the basic calculation that most car users weren't buying fuel during lockdowns and those that were were paying deflated prices due to the slump in oil value and that in all likelihood over the 3-4 year period of lockdowns and a couple of years of high oil after, it's most likely to work out as a zero sum gain for many. Obviously that doesn't help the pricing now but only someone being a bit too hysterical would think that was what was being mooted.
Not everyone can afford two Range Rovers. Please get a grip of reality...

DonkeyApple

55,400 posts

170 months

Tuesday 28th June 2022
quotequote all
bigothunter said:
Not everyone can afford two Range Rovers. Please get a grip of reality...
No one can afford to be hysterical. wink

As for old Rangies, they're really rather cheap. They only do a few thousand miles a year, have no VED and are self maintained. They also appear to go up in value rather than down.

As for the weekly commute, as mentioned earlier in the thread, I treated myself to a 2009 1.2 Gold diesel a few months back for a couple of grand to switch from doing sub 20 mpg to above 60 and at the current rate I should get the £2k spend back in around a year if it doesn't blow up.

Yet non of that is actually relevant to the wider discussion of petrol prices and searching someone's cars in order to form an opinion or find a stick with which to beat someone is always somewhat sketchy.

QuattroDave

1,467 posts

129 months

Tuesday 28th June 2022
quotequote all
DonkeyApple said:
bigothunter said:
Not everyone can afford two Range Rovers. Please get a grip of reality...
No one can afford to be hysterical. wink

As for old Rangies, they're really rather cheap. They only do a few thousand miles a year, have no VED and are self maintained. They also appear to go up in value rather than down.

As for the weekly commute, as mentioned earlier in the thread, I treated myself to a 2009 1.2 Gold diesel a few months back for a couple of grand to switch from doing sub 20 mpg to above 60 and at the current rate I should get the £2k spend back in around a year if it doesn't blow up.

Yet non of that is actually relevant to the wider discussion of petrol prices and searching someone's cars in order to form an opinion or find a stick with which to beat someone is always somewhat sketchy.
Now you are rubbing it in with your "gold diesel!" :P

Dog Star

16,143 posts

169 months

Tuesday 28th June 2022
quotequote all
I'm probably opening a right old can of worms by saying this, but hey. There are an awful lot of people on here quoting their fuel prices for 99RON or whatever - yet *almost* every time I look at said PHers garage where they have one in their profile, they've got some car that can quite easily run on normal petrol (they will, however, ALWAYS have the excuse that "it runs better", they have a remap, it's an import, "I get x% better economy", "additives" blah blah). Very few are something so exotic that they *need* it.

Anyway - got to dash - need to top up the nitrogen in my tyres.

DonkeyApple

55,400 posts

170 months

Tuesday 28th June 2022
quotequote all
QuattroDave said:
Now you are rubbing it in with your "gold diesel!" :P
Technically, it's resale silver, which is almost as valuable. wink in sunlight each panel is a different shade so has a more expensive Harlequin finish than a normal boggo Golf.

ch37

10,642 posts

222 months

Tuesday 28th June 2022
quotequote all
I guess it's not a coincidence that many petrol stations (all the ones local to me) have stalled at 199.9 for diesel.

Up to 10p variation in the past two or three weeks and they've all settled/stopped at 199.9 whether they were at the cheaper end or pushing close to that anyway earlier in the month.

Seems to have been an interesting psychological barrier to slow down the increases. I guess once a few break through they will all go.

bigothunter

11,297 posts

61 months

Tuesday 28th June 2022
quotequote all
Like it or not, fuel prices have a large impact on living costs both directly and indirectly. Prospects are not good...


randomeddy

1,439 posts

138 months

Tuesday 28th June 2022
quotequote all
DonkeyApple said:
QuattroDave said:
Now you are rubbing it in with your "gold diesel!" :P
Technically, it's resale silver, which is almost as valuable. wink in sunlight each panel is a different shade so has a more expensive Harlequin finish than a normal boggo Golf.
Does that deserve a parrot.

MarkJS

1,550 posts

148 months

Tuesday 28th June 2022
quotequote all
Another tank of BP Ultimate last night at £2.06 per litre. It hasn't dropped in price but hasn't gone up any further over the last 7 days.

QuattroDave

1,467 posts

129 months

Tuesday 28th June 2022
quotequote all
randomeddy said:
DonkeyApple said:
QuattroDave said:
Now you are rubbing it in with your "gold diesel!" :P
Technically, it's resale silver, which is almost as valuable. wink in sunlight each panel is a different shade so has a more expensive Harlequin finish than a normal boggo Golf.
Does that deserve a parrot.
I would say so!

Milkyway

9,471 posts

54 months

Tuesday 28th June 2022
quotequote all
I can remember when it went to £1...a gallon. yikes

As for E10:
My Dad did find that his ‘05 Astra did hesitate sometimes in the beginning though.
It was when he towed his caravan that he noticed the difference more, as it ‘didn’t have no guts in it’ as he puts it, especially going up hill.
He still uses it though.



Edited by Milkyway on Wednesday 29th June 09:06

Court_S

12,986 posts

178 months

Tuesday 28th June 2022
quotequote all
Dog Star said:
I'm probably opening a right old can of worms by saying this, but hey. There are an awful lot of people on here quoting their fuel prices for 99RON or whatever - yet *almost* every time I look at said PHers garage where they have one in their profile, they've got some car that can quite easily run on normal petrol (they will, however, ALWAYS have the excuse that "it runs better", they have a remap, it's an import, "I get x% better economy", "additives" blah blah). Very few are something so exotic that they *need* it.

Anyway - got to dash - need to top up the nitrogen in my tyres.
I had tended to run my cars on super but have long abandoned that….as soon as it went past £1.50 a litre or so, I switched to E10.

shambolic

2,146 posts

168 months

Tuesday 28th June 2022
quotequote all
Tbh her car had only done 6k miles since bought new in 2020, it was delivered 2 days after lockdown as we couldn’t fly to England to pick it up. So the dealer got a guy to drive it up to us.
And she worked from home through most of it and now her new job involves London and Edinburgh every week. But still only 5 mile trip to station/ airport.
So the £130 odd will last a while. Also £100 in our old CRV dog mobile which we are driving to Hereford next week for a holiday. 400 mile each way. So will be over £200 for the trip. (It had worse fuel consumption than the SLC 300 but we need room for the boxes of virgin wine!)
My vivaro van is a different story. £140 2, sometimes 3 times a week for work due to travel.

snuffy

9,788 posts

285 months

Tuesday 28th June 2022
quotequote all
Dog Star said:
Anyway - got to dash - need to top up the nitrogen in my tyres.
My car is supposed to have nitrogen in the tyres but I just put 78% nitrogen in them instead !

Pica-Pica

13,821 posts

85 months

Tuesday 28th June 2022
quotequote all
snuffy said:
Dog Star said:
Anyway - got to dash - need to top up the nitrogen in my tyres.
My car is supposed to have nitrogen in the tyres but I just put 78% nitrogen in them instead !
Indeed. Where is the advantage?

DonkeyApple

55,400 posts

170 months

Wednesday 29th June 2022
quotequote all
QuattroDave said:
randomeddy said:
DonkeyApple said:
QuattroDave said:
Now you are rubbing it in with your "gold diesel!" :P
Technically, it's resale silver, which is almost as valuable. wink in sunlight each panel is a different shade so has a more expensive Harlequin finish than a normal boggo Golf.
Does that deserve a parrot.
I would say so!
Not for me though. Maybe for you chaps or was my reply too subtle? biggrin

GranpaB

6,358 posts

37 months

Wednesday 29th June 2022
quotequote all
Dog Star said:
I'm probably opening a right old can of worms by saying this, but hey. There are an awful lot of people on here quoting their fuel prices for 99RON or whatever - yet *almost* every time I look at said PHers garage where they have one in their profile, they've got some car that can quite easily run on normal petrol (they will, however, ALWAYS have the excuse that "it runs better", they have a remap, it's an import, "I get x% better economy", "additives" blah blah). Very few are something so exotic that they *need* it.

Anyway - got to dash - need to top up the nitrogen in my tyres.
From what i understand, premium fuels have better cleaning agents as well as performance benefits.