Will the price of petrol in the UK ever be sensible again?
Will the price of petrol in the UK ever be sensible again?
Author
Discussion

reaper7

Original Poster:

16 posts

172 months

Thursday 3rd November 2011
quotequote all
Oil is the cheapest it has been in ages, but the cost of buying petrol is insane due to the Govt taxes.I don't think there is a country that pays more at the pumps than us?

Will prices ever come down again? What you think?

hombrepaulo

1,404 posts

194 months

Thursday 3rd November 2011
quotequote all
No, only up

k15tox

1,680 posts

204 months

Thursday 3rd November 2011
quotequote all
We a little bit cheaper than most of europe I believe.

Still a con though, I'd could except a pound a litre, 50l tank=£50.

140 for diesel is ridiculous.

Its never going to change though

y2blade

56,265 posts

238 months

Thursday 3rd November 2011
quotequote all
hombrepaulo said:
No, only up
this^^^

Soovy

35,829 posts

294 months

Thursday 3rd November 2011
quotequote all


No. It will never ever drop.


ghibbett

1,907 posts

208 months

Thursday 3rd November 2011
quotequote all
k15tox said:
We a little bit cheaper than most of europe I believe.
Both 95 unleaded and diesel are €1.33 (Euros) here in Austria.

reaper7

Original Poster:

16 posts

172 months

Thursday 3rd November 2011
quotequote all
k15tox said:
We a little bit cheaper than most of europe I believe.
I don't think we are, check out Hungary!

http://www.drive-alive.co.uk/fuel_prices_europe.ht...

Mermaid

21,492 posts

194 months

Thursday 3rd November 2011
quotequote all
Soovy said:
No. It will never ever drop.
Even if the oil price dropped to $10, the fuel price would remain about the same. But the Government deficit will get paid off quicker.

pilchardthecat

7,483 posts

202 months

Thursday 3rd November 2011
quotequote all
Will the government ever reduce it's largesse to the point at which they can cut fuel duty?

No.

KaraK

13,695 posts

232 months

Thursday 3rd November 2011
quotequote all
While I would love cheap petrol again as much as the next petrolhead I know full well that it's not going to happen on any significant scale.


Composite Guru

2,447 posts

226 months

Thursday 3rd November 2011
quotequote all
It will only ever go up. Hence why i have given up on exciting cars and sold up. Eco wagons from now on for me unless i win the lottery but thats never going to happen.

koolchris99

12,391 posts

202 months

Thursday 3rd November 2011
quotequote all
reaper7 said:
Will prices ever come down again? What you think?
no, blame labour.

mike325112

1,074 posts

207 months

Thursday 3rd November 2011
quotequote all
I think we might get a short term drop again like a few years ago with the fuel protests but in the long term it will escalate year on year.

pilchardthecat

7,483 posts

202 months

Thursday 3rd November 2011
quotequote all
Composite Guru said:
It will only ever go up. Hence why i have given up on exciting cars and sold up. Eco wagons from now on for me unless i win the lottery but thats never going to happen.
No no no, just put a few quid into a self-select trading ISA and pick some sector-tracking funds in energy/resources, thus hedging the increased pump prices against the value of the fund smile

Vocal Minority

8,582 posts

175 months

Thursday 3rd November 2011
quotequote all
Look guys - Govt tax is govt tax, it is high but isn't the reason that petrol stays expensive when oil prices reduce.

When oil was $100000000000 a barrel, they started to charge sort of £1.36 a litre. People grumbled....then coughed up. Demand didn't drop.

Oil prices have dropeed but why sacrifice profits when people have shown they are willing to pay £1.36 per litre? Yes it is cartelling by any other name, yes its a pain in the posterior, but that is whats doing it.

lost in espace

6,478 posts

230 months

Thursday 3rd November 2011
quotequote all
Alternative fuels are the answer here, veg oil, bio deisel, diy electric cars, pushbike, home brew petrol. And at the other end of the scale red diesel for those prepared to risk losing their car.

My veg burner costs 50p/litre. Unfortunately it means driving something old, and is not for the mainstream.

koolchris99

12,391 posts

202 months

Thursday 3rd November 2011
quotequote all
pilchardthecat said:
No no no, just put a few quid into a self-select trading ISA and pick some sector-tracking funds in energy/resources, thus hedging the increased pump prices against the value of the fund smile
in reality spend the profits on something more shiney and thirsty, thus increasing your fuel bill

smile

sinizter

3,348 posts

209 months

Thursday 3rd November 2011
quotequote all
hombrepaulo said:
No, only up
This.

Can't even protest about it any more without being branded a terrorist or some such.

J4CKO

45,951 posts

223 months

Thursday 3rd November 2011
quotequote all
lost in espace said:
Alternative fuels are the answer here, veg oil, bio deisel, diy electric cars, pushbike, home brew petrol. And at the other end of the scale red diesel for those prepared to risk losing their car.

My veg burner costs 50p/litre. Unfortunately it means driving something old, and is not for the mainstream.
"Home Brew petrol", what could possibly go wrong biggrin

Push bike here and working from home, largely immune from petrol prices when fueling the cars, trouble is the knock on from everyone else sticking their prices up to cover it.

The Oil companies take the piss with how much they make as well, what do they do with all that money ?

pilchardthecat

7,483 posts

202 months

Thursday 3rd November 2011
quotequote all
koolchris99 said:
pilchardthecat said:
No no no, just put a few quid into a self-select trading ISA and pick some sector-tracking funds in energy/resources, thus hedging the increased pump prices against the value of the fund smile
in reality spend the profits on something more shiney and thirsty, thus increasing your fuel bill

smile
Actually i do think of it as my "Porsche fund" now.....