Petrol Prices - how bad will it get this year ?
Discussion
Quinny said:
skyslimit said:
It's supermarket fuel though. I'd not put supermarket unleaded into my cars 
I've got a mate who lives near Stanlow refinery..When I go up to see him I regularly see the Shell tankers, followed by the Asda tanker, followed by the Esso Tanker, followed by the Tescos tanker..... etc etc..
Its all the same bloody stuff
Different additive packs go into different fuels. I've been told that first hand, by two different chemists that work there.
Maybe they're pulling my leg. But maybe not.
My little turbo toy goes like grim death on supermarket fuel. Not so on Shell. I can tell the difference blind if the wife has taken it for a blat and cheaped out on the refill.
musclecarmad said:
oil is about $73 per barrel now and getting cheaper.
However, i'm still shocked to see the price of fuel given that oil is nearly free!
the pound is very weak against the dollar $1.44 ish which isn't helping.
oil will go back up again though and so will vat and duty and the price of petrol
It's more to do with a "lack of refining capacity in Europe" than with oil price and exchange rateHowever, i'm still shocked to see the price of fuel given that oil is nearly free!
the pound is very weak against the dollar $1.44 ish which isn't helping.
oil will go back up again though and so will vat and duty and the price of petrol
I'm getting a little annoyed with how much petrol I'm going through but my impreza does everything that I want a car to do and I bought it December 2007 so right before everything went tits up with the economy so it's worth nothing compared to what I paid for it.
So I think I'm going LPG, at the rate I'm burning petrol I think it makes sense. I can't be dealing with driving around in some rattly poor handling derv, I tried that for 5 months and it wasn't fun.
Fingers crossed those in high places don't decide to whack the duty up on LPG any time soon.
So I think I'm going LPG, at the rate I'm burning petrol I think it makes sense. I can't be dealing with driving around in some rattly poor handling derv, I tried that for 5 months and it wasn't fun.
Fingers crossed those in high places don't decide to whack the duty up on LPG any time soon.
Bungleaio said:
I'm getting a little annoyed with how much petrol I'm going through but my impreza does everything that I want a car to do and I bought it December 2007 so right before everything went tits up with the economy so it's worth nothing compared to what I paid for it.
So I think I'm going LPG, at the rate I'm burning petrol I think it makes sense. I can't be dealing with driving around in some rattly poor handling derv, I tried that for 5 months and it wasn't fun.
Fingers crossed those in high places don't decide to whack the duty up on LPG any time soon.
don't forget you will lose roughly 10% of the power and 10% of the fuel economy with LPG as well as incurring installation costs and additional servicing costsSo I think I'm going LPG, at the rate I'm burning petrol I think it makes sense. I can't be dealing with driving around in some rattly poor handling derv, I tried that for 5 months and it wasn't fun.
Fingers crossed those in high places don't decide to whack the duty up on LPG any time soon.
Egypt unrest sparks oil price rise to $100 per barrel
Egypt unrest sparks oil price rise to $100 per barrel
Egypt unrest sparks oil price rise to $100 per barrel
.past $100 per barrel and likely to climb if this escalates but shouldn't be a surprise as you should always expect something from the middle east
plus the horrible gdp figures mean rates less likely to rise which means the pound weakened against the dollar.
expect another 4 pence per litre in april unless the march budget changes it, plus another couple of pence from this egypt malarky
plus the horrible gdp figures mean rates less likely to rise which means the pound weakened against the dollar.
expect another 4 pence per litre in april unless the march budget changes it, plus another couple of pence from this egypt malarky
Abdullah Al-Badri, secretary general of Opec, dismissed calls for the cartel of oil-producing nations to increase production, arguing there was no fundamental shortage of oil. But he expressed concern that the unrest in Egypt could continue to place upward pressure on oil prices.
The group is scheduled to meet next month to discuss production levels, but Al-Badri signalled that an increase in production was unlikely.
Oil prices have been rising steadily since last summer, prompting fears that as the global economy recovers there could be a repeat of 2008 when prices peaked at a record $147 a barrel, resulting in record fuel prices and contributing to soaring food and commodity prices.
The latest developments will further increase pressure on the British government to delay a planned increase in fuel duty in April, and will also strengthen the business case for investment in more fuel-efficient vehicles.
Egypt is not a major oil-producing nation, but it controls the crucial route through the 120-mile Suez canal and the 200-mile Suez-Mediterranean oil pipeline. There has been no disruption to the Suez routes to date, with the Egyptian authorities insisting armed guards are in place to protect the canal.
However, with up to a million people expected to march in protest today against president Mubarak, analysts remain fearful any escalation of violence could disrupt shipments through the canal. There are also fears that unrest could spread to other oil-producing nations in the Middle East after the recent protests in Tunisia.
The group is scheduled to meet next month to discuss production levels, but Al-Badri signalled that an increase in production was unlikely.
Oil prices have been rising steadily since last summer, prompting fears that as the global economy recovers there could be a repeat of 2008 when prices peaked at a record $147 a barrel, resulting in record fuel prices and contributing to soaring food and commodity prices.
The latest developments will further increase pressure on the British government to delay a planned increase in fuel duty in April, and will also strengthen the business case for investment in more fuel-efficient vehicles.
Egypt is not a major oil-producing nation, but it controls the crucial route through the 120-mile Suez canal and the 200-mile Suez-Mediterranean oil pipeline. There has been no disruption to the Suez routes to date, with the Egyptian authorities insisting armed guards are in place to protect the canal.
However, with up to a million people expected to march in protest today against president Mubarak, analysts remain fearful any escalation of violence could disrupt shipments through the canal. There are also fears that unrest could spread to other oil-producing nations in the Middle East after the recent protests in Tunisia.
t hits the fan in Saudi Arabia, we'll be looking at four quid a litre overnight.Gassing Station | General Gassing | Top of Page | What's New | My Stuff