RE: Fuel Station Pumps Price To 10 Euros A Litre

RE: Fuel Station Pumps Price To 10 Euros A Litre

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Discussion

zebedee

4,589 posts

278 months

Thursday 28th April 2011
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V88Dicky said:
Relax folks! smile

Oil reserves are higher now than they've ever been, almost a Trillion barrels in fact!

As already posted, unscrupulous traders and speculators, as well as the fizzy-pop-gas doomsday merchants (most Western governments), are the ones driving up prices.

still quite scary if you think the green bar is probably 40-50 years worth from Iraq, with everyone else churning out their stuff during that period. In 40 or 50 years the graph isn't likely to look so cheerful (and hopefully I will still be of a driving age.

We need to find something else to run our existing engines (or similar tech) engines on that isn't going to make people starve. I cycle a lot more than I used to, partly for cost, partly fitness, but I don't want to lose my passion for cars so I hope there is a solution (which can't be electric unless we go nuclear big time) or build a solar array on the moon!

nickrout

45 posts

174 months

Thursday 28th April 2011
quotequote all
zebedee said:
V88Dicky said:
Relax folks! smile

Oil reserves are higher now than they've ever been, almost a Trillion barrels in fact!

As already posted, unscrupulous traders and speculators, as well as the fizzy-pop-gas doomsday merchants (most Western governments), are the ones driving up prices.

still quite scary if you think the green bar is probably 40-50 years worth from Iraq, with everyone else churning out their stuff during that period. In 40 or 50 years the graph isn't likely to look so cheerful (and hopefully I will still be of a driving age.

We need to find something else to run our existing engines (or similar tech) engines on that isn't going to make people starve. I cycle a lot more than I used to, partly for cost, partly fitness, but I don't want to lose my passion for cars so I hope there is a solution (which can't be electric unless we go nuclear big time) or build a solar array on the moon!
kids kids kids, its all about what is actually extractable. And you have to take into consideration the amount of energy required to get it out, so no the picture is not that rosy.....

skimmo

141 posts

198 months

Thursday 28th April 2011
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9rk said:
Errr, doesnt matter mate. We havnt sprouted all this extra fuel in the last 40 years, all we have done is made reserves like you said, doesnt mean we have more than we did 40 years ago... lol. Thats like me saying I had 80 Carrots in the ground 2 weeks ago, and no reserves but now have 60 Reserves and only 5 in the ground.

Were still using it quicker than its Replenishing.

The price has alot to do with that as well yes but there are hunderds of other reasons to go with that, again what ever way you cut this, the correct solution isnt to lower fuel prices, its to raise it. End of.

Edited by 9rk on Wednesday 27th April 16:25
But surely its better to price fuel so everyone can afford it?? If you put fuel up to the £4.00 a litre you mentioned earlier then that would price a huge amount of people out of the market. So then you would have all these people who cannot afford to buy petrol anymore which then means they have no use for a car. So looking at the bigger picture, that will have an affect on a huge amount of businesses including car manufacters, haulage companies, airlines etc. All of those companies going bang would bring this country and the rest of the developed world to its knees! the government would also lose out on a huge amount of tax income not just from petrol but from the things that go with it, road tax, vat on buying the actual car, vat on insurance, tax from all the businesses that rely on fuel that can no longer afford to stay open etc etc...... in short surely it's best to have millions of people buying fuel @ £1.50 a litre than it is having a few thousand rich buggers buying it at £4 a litre??

zebedee

4,589 posts

278 months

Thursday 28th April 2011
quotequote all
skimmo said:
But surely its better to price fuel so everyone can afford it?? If you put fuel up to the £4.00 a litre you mentioned earlier then that would price a huge amount of people out of the market. So then you would have all these people who cannot afford to buy petrol anymore which then means they have no use for a car. So looking at the bigger picture, that will have an affect on a huge amount of businesses including car manufacters, haulage companies, airlines etc. All of those companies going bang would bring this country and the rest of the developed world to its knees! the government would also lose out on a huge amount of tax income not just from petrol but from the things that go with it, road tax, vat on buying the actual car, vat on insurance, tax from all the businesses that rely on fuel that can no longer afford to stay open etc etc...... in short surely it's best to have millions of people buying fuel @ £1.50 a litre than it is having a few thousand rich buggers buying it at £4 a litre??
true, and don't forget farmers and hauliers - if fuel is that expensive, the cost comes through to us as consumers, so inflation would be even crazier.

CliveM

525 posts

185 months

Thursday 28th April 2011
quotequote all
zebedee said:
skimmo said:
But surely its better to price fuel so everyone can afford it?? ...... in short surely it's best to have millions of people buying fuel @ £1.50 a litre than it is having a few thousand rich buggers buying it at £4 a litre??
true, and don't forget farmers and hauliers - if fuel is that expensive, the cost comes through to us as consumers, so inflation would be even crazier.
By that logic why not make it 50p?
There's a market price. Yes it's distorted day to day but over the long run it's determined by how much is for sale (ie not simply reserves) and how much demand there is for it.
Fuel is going to get more expensive - as it does we'll all adjust to that fact.
Pretty much the only role of government as I see it is to do what they can to make it a smooth adjustment and as predictable as possible.

suffolk009

5,373 posts

165 months

Thursday 28th April 2011
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High petrol prices are about the taxes. thats all. nothing else.

Its a shame because more than anything fuel costs now affect almost all aspects of the economy and put prices up across the board.

Sadly no government will ever get elected by being honest about the size of taxes they must raise.

Ooooh, came over a bit daily mail letters page there. Sorry.

dinkel

26,934 posts

258 months

Thursday 28th April 2011
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The Netherlands are about the highest: Eu 1,71 for 1 litre of 98 Super

ukaskew

10,642 posts

221 months

Thursday 28th April 2011
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deanocool said:
fun cars nowadays are really going to become a thing of the past unless its a sunny weekender.

ill be looking for a corsa 1.0 on a 95 plate at this rate lol. you can see why all the car manu's are doing away with nissan 300zx's and toyota supras etc. who can afford to run one nowadays? Focus RS anyone? how about a tipple in my GTR? lol. i suppose if you can afford that type of car then you can afford the fuel. my days of fun cars are coming to end though soon i reckon. thank god for the playstation network... oh wait a minute.... damn
Depends on your definition of fun I guess, I'm currently running a 2004 Suzuki Ignis Sport, £2k for a 1.5l rally-derived lightweight go-kart with creature comforts. Even my commute is enjoyable as it's as fun under 60mph as it is over it. MPG? As good as 40mpg. Before that my Renaultsport Clio Cup returned similar MPG figures, similar ethos to the Ignis but quite a bit quicker.

I'm still amazed a new light, low powered sub 15k sports car doesn't really exist beyond one or two obvious examples. Also something like the 106 is surely in a perfect position for a 'Rallye' spec, 100hp in one of those would be brilliant, fun and economical. It's worrying that apparently there is no demand for these cars, or at the least the manufacturers don't believe there is demand.

KM666

1,757 posts

183 months

Friday 29th April 2011
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VPower said:
With this in mind, I keep advising my son to leave this Country as soon as he Graduates and go to Australia or Canada! For some reason he does not seem to want to?
See i keep thinking i should leave the country but i dunno why i can't, i hate it, and Canada and Australia would be where'd i want to go (becuase they speak English and cheaper feul/V8s) I know it wont change either so I suppose its the only viable choice once your qualified in something (Im looking for mechanical appreniceships but need my damn driving licence first).

The cost of feul is staggering it cost my mate £160 to drive from penzance in his 400bhp R33 skyline to Japfest last year and this years its rebuilt to 600brake so i think a very expensive round trip.

Somebody earlyer posted saying why dont the HGV drivers start up blockades now, its because after last time legislation was passed meaning you could get upto 10 years for that sort of protest, dont forget the army was at the blockades and i doubt they were sent there for the long haul.

VPower

3,598 posts

194 months

Friday 29th April 2011
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KM666 said:
See i keep thinking i should leave the country but i dunno why i can't, i hate it, and Canada and Australia would be where'd i want to go (becuase they speak English and cheaper feul/V8s) I know it wont change either so I suppose its the only viable choice once your qualified in something (Im looking for mechanical appreniceships but need my damn driving licence first).

The cost of feul is staggering it cost my mate £160 to drive from penzance in his 400bhp R33 skyline to Japfest last year and this years its rebuilt to 600brake so i think a very expensive round trip.

Somebody earlyer posted saying why dont the HGV drivers start up blockades now, its because after last time legislation was passed meaning you could get upto 10 years for that sort of protest, dont forget the army was at the blockades and i doubt they were sent there for the long haul.
It's NEVER too late to get an Education.
So the only advice I give to young people is to grasp it while you can.

It's NOT punishment! Do it while you are young!

I can afford petrol for my a TVR for one reason only, I got the qualifications that allowed me to do my job!


zebedee

4,589 posts

278 months

Friday 29th April 2011
quotequote all
CliveM said:
By that logic why not make it 50p?
There's a market price. Yes it's distorted day to day but over the long run it's determined by how much is for sale (ie not simply reserves) and how much demand there is for it.
Fuel is going to get more expensive - as it does we'll all adjust to that fact.
Pretty much the only role of government as I see it is to do what they can to make it a smooth adjustment and as predictable as possible.
I agree, hence my point that busting it straight to £4 a litre would be catastrophic on so many levels and wouldn't simply mean less cars on the road, which someone on here suggested.

timewatch

881 posts

194 months

Friday 29th April 2011
quotequote all
shouldbenicholas said:
I would torch the place if that happened to me furious
Just give us the bloody fuel!

Think we've all worked damn hard and paid enough taxes throughout the years
to have a realistic fair price and to expect a well maintained supply to our villages, towns and city's.

But this price is just madness!!!

TW>>>

big_rob_sydney

3,401 posts

194 months

Saturday 30th April 2011
quotequote all
Someone mentioned 60 years, and then the price would double in 30 years.

I actually dont think this is soooo bad. Because I'd bet that cars would get a good increase in efficiency in 30 years. Dont you?

And for those talking about Australia, geez, if only fuel was the be-all-and-end-all of it. Houses here cost a bloody fortune, and dont even get me started on the cost of our cars.

If I added the cost of fuel for the next 10 years, and compared that with just how badly we get ripped off on houses and cars, financially, its a no-brainer. Teh UK is FAR out in front as a better place to be.

From a purely financial point of view, I absolutely cant wait to return to the UK.

Not to mention the draconian policing of road laws here. If you like cars, the Australia is one of the harshest places in the world to try and enjoy your car.

VPower

3,598 posts

194 months

Saturday 30th April 2011
quotequote all
big_rob_sydney said:
Someone mentioned 60 years, and then the price would double in 30 years.

I actually dont think this is soooo bad. Because I'd bet that cars would get a good increase in efficiency in 30 years. Dont you?

And for those talking about Australia, geez, if only fuel was the be-all-and-end-all of it. Houses here cost a bloody fortune, and dont even get me started on the cost of our cars.

If I added the cost of fuel for the next 10 years, and compared that with just how badly we get ripped off on houses and cars, financially, its a no-brainer. Teh UK is FAR out in front as a better place to be.

From a purely financial point of view, I absolutely cant wait to return to the UK.

Not to mention the draconian policing of road laws here. If you like cars, the Australia is one of the harshest places in the world to try and enjoy your car.
But Rob, don't Aus have thousands of miles of desert to blast about in?
Plus I think Aus mineral resources are a bit better than good ole blighty.


PhillipM

6,517 posts

189 months

Saturday 30th April 2011
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Hmm, weird, I had some relations move over to Oz a few years ago and reckoned the living expenses (house/clothes/food) were about the same overall but cars/fuel/etc were miles cheaper.

masermartin

1,629 posts

177 months

Monday 2nd May 2011
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Fuel is much better but (possibly because of the different approach to testing of road-worthiness, and because of the much slower rate of rusting) cars themselves cost considerably more to buy. For instance, I sold a 2000 Bora 2.0 for less than £2,500 before I went out there, and similar cars with similar mileage were around AU$11,000 or more in Aus.

The "Cost of living" I would say is largely the same between the two countries - OK, the weekly shop costs less, houses cost less etc, but then you will also be paid less to boot. I think it all evens out pretty much on the financial front. There are many other reasons why I'd rather be still in Australia, but I think this one is a wash.

I have no quantifiable evidence to back this up by the way, it's just a gut feeling.

nightSpirit

1,057 posts

168 months

Tuesday 3rd May 2011
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Fuel prices are a joke, it's got nothing to do with saving the dwindling supply it's all about the money. I'd happily drive a car powered by a renewable energy source if it:

a) made some decent petrol head sounds
b) went like stink
c) didn't cost a million quid when it's just a rebadged Elise

We'd all fill up at the pumps and smile if we thought Esso/Shell/BP were making great strides into these areas, maybe they are but we rarely hear of it. Manufacturers such as VW etc sell 'eco' cars but don't sell them cheaply to help the environment as they claim..they charge more for less car because they know people want to save money on running.

I'm considering a Bluemotion Polo to allow for cheap driving at zero pleasure and keep the Tamora for when I wish to rob the planet of some fossil goodness, that's one answer if funds allow it?

Edited by nightSpirit on Tuesday 3rd May 12:14

jimjim150

213 posts

184 months

Tuesday 3rd May 2011
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While I was off work last week I spent about £30 or more on petrol nearly every day just driving around on fairly pointless journeys that I could have avoided.

I don't care because I had fun.

I enjoy squeezing every last RPM out of my car, it is my hobby and I'm willing to pay for it. Times do change however and if I can no longer afford to do it in the future - I'll just find a new hobby, life's too short to worry about details; you could find out some news tomorrow that would make petrol prices seem like the least important thing in the world.

This opinion is purely an enthusiast view, I have no valuable input on what the general masses who 'need' to drive are going to do in the future, sorry.

9rk

18 posts

157 months

Thursday 5th May 2011
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zebedee said:
dandarez said:
Oh dear. More washing of the brain.
You get on your bike, if you want to. Nothing wrong with that, that's what 'they' want you to do.

It's not running out.
If it is, tell me exactly when this is likely to happen: your lifetime?, mine? (not a chance in hell!), your childrens'? (supposing you have any, or is it still safe to bring them into this dastardly world?).
It's just that there is a ME crisis and a panic. It's not running out, it's more difficult to get.
The government loves it, cos it's raking it in!

It's like we are all living longer... another washing of the brain. Tell the people something enough and they'll believe it.
Global warming (sorry, climate change). More washing... usually starting at kindergarten now.
The ozone layer (surely it should have disappeared completely by now and life on earth vanished?)
Acid Rain... whatever happened to that? Perhaps it disappeared with the 'shower' who thought it up?

Swine Flu, that was a bit of a pig tale!
Healthy eating agenda. Low fat this, low fat that. 30 years of it, yet we are more obese than ever (except those who don't listen to the nonsense).
My generation was brought up to go to work on an egg, dripping on toast, beef fat, sausages and bacon, fried bread for breakfast, etc etc, yet we were like beanpoles. Take a look at a 60s video of Led Zeppelin! What fat ba.....ds they were. The 'drainpipes' fashion would have a hard time making a comeback in the 'healthy eating' era now.

The End is Nigh. I remember those placards all over the place in the 60s.
Some of us were washed of the brain and thought it was true in the early 70s when the Yom Kippur war errupted and arrrrrghhhhhhhh petrol ration books were handed out (I've still got mine!!!!!!!!!!!!!! Why? THEY WERE NEVER USED! That old story - it'll run out - fuel prices in 73 quadrupled overnight! Bet you weren't around then?

Just to add, if it is 'really' running out, there are going to be a hell of a lot of redundancies at the worlds car giants, eh?

Nah, the infernal combustion engine is here to stay for a while yet.

A LONG while!
I wish I shared your optimism, but I don't. Unless I misunderstand oil reserves, Iraq's oil ministry, of all people, say there are 143bn barrels of oil in reserve. They intend 6m barrels a day and have often quoted higher. We could be looking at 60-odd years then (again my maths might be way out) and there will be none left, so you can imagine the price when there is only half left, in 30 years, which hopefully should still be in my lifetime!

And Iraq is supposed to have more than anywhere else isn't it?

If you think of all the roads, all the cities, all the cars around the world, all the other engines we don't even think about, trains, planes, tractors, the amount of juice being drunk is phenonemal. Of course it can't last!
Well said.

VPower

3,598 posts

194 months