Discussion
£1.46/litre for 95 RON when I filled up the daily this week.
There’s massive price variation though. On that day the other filling station I pass on the school run, less than a mile away, was 10p/l more expensive. Both major brands rather than one being a supermarket.
Usually tax the toys from 1st April/1st May (we pay for it based on full calendar months so often declare them “off road” for the winter months) so haven’t filled with 98/99 RON since everything kicked off.
There’s massive price variation though. On that day the other filling station I pass on the school run, less than a mile away, was 10p/l more expensive. Both major brands rather than one being a supermarket.
Usually tax the toys from 1st April/1st May (we pay for it based on full calendar months so often declare them “off road” for the winter months) so haven’t filled with 98/99 RON since everything kicked off.
Here is a strategy which reduces the concern about increasing gas (petrol) prices.
amongst [I did type a capital letter] your savings and investments, always have some holdings in the major oil companies. They are obviously cyclical businesses, but the likes of Shell managed to keep dividends flowing during the downward cycles of lower crude oil prices.
I have not yet done a valuation for this week, but at the end of the previous week, BP and Shell shares had both increased by more than 24% since 1 January 2026. They continued to increase this week.
Whilst filling the tank, you can at least think you are ahead of the game.
I don't know exactly, but I think the UK prices are somewhere around £1.50 per litre for petrol and about £1.70 for diesel.
Logic would suggest, because no western tankers are being allowed to sail through the Straits of Hormuz, that shortages will arise. The head of Shell recently commented that if shortages do occur, perhaps in a months time, diesel will be affected more than petrol. I couldn't understand why.
I topped up this morning, but forgot to look at the litre cost.
The plan with my DD is now always to keep the tank quite full.
If Hormuz remains closed to western tankers for weeks/months, then eventually there will inevitably be shortages.
Having a 550 mile range helps though.
I heard today that a couple of nations have already imposed driving restrictions. Even registrations one day, then odds the next.
Now that the UK car registrations consist mostly of letters, how do you think they could impose alternate day use here ?
Jon39 said:
I topped up this morning, but forgot to look at the litre cost.
The plan with my DD is now always to keep the tank quite full.
If Hormuz remains closed to western tankers for weeks/months, then eventually there will inevitably be shortages.
Having a 550 mile range helps though.
I heard today that a couple of nations have already imposed driving restrictions. Even registrations one day, then odds the next.
Now that the UK car registrations consist mostly of letters, how do you think they could impose alternate day use here ?
Simpo Two said:
delta0 said:
The UK isn t dependent on imports from the Middle East so it s just price rises for us.
So once again we're the victim of a 'global market', just like for electricity. Oil from the Middle East should cost more than oil from somewhere else.Not always a victim John. The UK used to have excess oil being being extracted from the North Sea. Some of it was exported, because there was global demand and we could sell at a price higher than the extraction cost.
For the same reason, global prices apply to many products. Agricultural, minerals etc. Remember we used to import cheaper coal, from countries that simply scooped it out of the ground. Our coal was more expensive, because of the need to have deep mines.
UK electricity prices have been additionally loaded with the renewable energy costs and subsidies, so the result is far higher prices that in almost all other countries. Now that so many people have found out, the government wants to move those costs to general taxation, so we still continue paying. However, some reckon there will be a huge renewable breakthrough before 2050. Solar panels that work during the night is apparently going to transform energy generation.
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Jon39 said:
Solar panels that work during the night is apparently going to transform energy generation. -
Yes, just have loads of really bright lights shining on the solar panels to keep them working... it's about as sensible as taxing businesses until they can't employ anyone, then giving them money to employ people. - Getting a bit pricey here in the land of the free and the brave. Just filled up and it was the equivalent of 0.73 pence per liter. My Vantages love the gasoline here in the NW USA! My local grocery store that also sells gas gives me USD$1 off per gallon up to a maximum of 35 gallons.
SpeedRoo said:
Getting a bit pricey here in the land of the free and the brave. Just filled up and it was the equivalent of 0.73 pence per liter. My Vantages love the gasoline here in the NW USA! My local grocery store that also sells gas gives me USD$1 off per gallon up to a maximum of 35 gallons.
That’s very nice! California is usually around the same as Sydney though. Mainly as they have the same sort of loony government that we do. Gassing Station | Aston Martin | Top of Page | What's New | My Stuff