It's happened...petrol 99.7p near me.

[BUG4LIFE]

It was 105.7 when I passed the garage this morning, on my way to work...that's a pretty big drop!

[Baz Tench]

Near the good old Ditch of Red?

[jfrf]

its even in the newspapers:

http://www.dailymail.co.uk/news/article-2905468/Pe...

[mwstewart]

It happened near me as well, but when you fill up it equates to sod all. It needs to reach 50p

[BUG4LIFE]

That be the one!

I didn't realise it was only 2008 that fuel was below a quid anyway, I thought it was like 10 years ago! It has bloody shot up...fingers crossed this lasts a good while, though I do want to work out how much I save per tank.

[Nickyboy]

If you think it's too cheap i stopped at Tamworth Services yesterday and unleaded was 132.9

[Swanny87]

At the Gulf station on Holloway Road yesterday it was 1.38!?!? It was quite funny watching a guy in an XJ drive in and then straight out again

[Jonny_]

As I recall it was 2005 when it first hit the £1.00 mark, didn't ever think it could drop back below that 10 years on.

Eta - that was down to fuel protests by wagon drivers/haulage companies.

Edited by Jonny_ on Sunday 11th January 19:59

[McSam]

Where I live, it was June 2009 when unleaded cracked £1/litre. Great to see this recent fall, and it's got me looking at V8s again

Here's a plot of the price paid in all my fill-ups since March 2009. A couple of super-unleadeds and European ones are in there, but the fourth-order fit line shows how things look:

[David87]

mwstewart said:

It happened near me as well, but when you fill up it equates to sod all. It needs to reach 50p

Indeed. Same goes for when it was up near £1.50 / litre too, to be honest. Unless you're Eddie Stobart it makes very little difference in the scheme of things.

How low will it go and when will it start to go the other way again?

[neil1jnr]

mwstewart said:

It happened near me as well, but when you fill up it equates to sod all. It needs to reach 50p

If that is the case then you can't moan when it is back to £1.40/litre!

[TheAngryDog]

McSam said:

Where I live, it was June 2009 when unleaded cracked £1/litre. Great to see this recent fall, and it's got me looking at V8s again

Here's a plot of the price paid in all my fill-ups since March 2009. A couple of super-unleadeds and European ones are in there, but the fourth-order fit line shows how things look:

I imagine there may be others doing this - What happens when the price goes back up?

[Riley Blue]

mwstewart said:

It happened near me as well, but when you fill up it equates to sod all. It needs to reach 50p

With three cars, two of which average 25-27mpg, the 'sod all' you mention soon adds up...

[berlintaxi]

TheAngryDog said:

McSam said:

Where I live, it was June 2009 when unleaded cracked £1/litre. Great to see this recent fall, and it's got me looking at V8s again

Here's a plot of the price paid in all my fill-ups since March 2009. A couple of super-unleadeds and European ones are in there, but the fourth-order fit line shows how things look:

I imagine there may be others doing this - What happens when the price goes back up?

Everybody grumbles and carries on buying it.

[007 VXR]

berlintaxi said:

TheAngryDog said:

McSam said:

Where I live, it was June 2009 when unleaded cracked £1/litre. Great to see this recent fall, and it's got me looking at V8s again

Here's a plot of the price paid in all my fill-ups since March 2009. A couple of super-unleadeds and European ones are in there, but the fourth-order fit line shows how things look:

I imagine there may be others doing this - What happens when the price goes back up?

Everybody grumbles and carries on buying it.

7.5 years in my V8 and still

[McWigglebum4th]

McSam said:

Here's a plot of the price paid in all my fill-ups since March 2009. A couple of super-unleadeds and European ones are in there, but the fourth-order fit line shows how things look:

Have you ever thought about taking up more exciting hobbies like stamp collecting?

[Leptons]

McWigglebum4th said:

Have you ever thought about taking up more exciting hobbies like stamp collecting?

[Rincewind209]

I drive a V8. The low price currently saves me about £25 a tank compared to peak prices. And I fill up more often so the savings are very noticeable.

[McSam]

McWigglebum4th said:

McSam said:

Here's a plot of the price paid in all my fill-ups since March 2009. A couple of super-unleadeds and European ones are in there, but the fourth-order fit line shows how things look:

Have you ever thought about taking up more exciting hobbies like stamp collecting?

What did you expect from an engineer?!

This is just a by-product of the spreadsheet that tracks the car's costs, including fuel. I always brim my cars and zero the trip, so it's very little effort to note the fuel taken on and the mileage done. Whack these in the sheet and I have my fuel economy figure, which is interesting for a number of reasons. It works towards a long-term average so I know what the car has really done in my ownership, it tells me what the roads / driving style in that particular tank have done to the economy, and it could help me spot an impending problem with the car. Next time someone tells me a 328i "simply won't average 30mpg", I have my evidence

When fuel started falling again, I thought I'd add a plot that tracked the prices. Interesting to see how it looks - it seems hard to remember two-digit prices but it really wasn't that long ago.

[trashbat]

Yeah yeah but if you were a proper engineer you'd plot it again adjusted for inflation