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Discussion in 'General Discussion' started by ringway, Jun 17, 2011.
Petrol Prices Set To Rise Once More, Say AA.
"Without transparency in the oil and fuel markets and a regulator to ensure fair prices, drivers, consumers and the nation are open to being ripped off by whoever wants to make an extra buck."
So, that would be the Government mostly
The reason petrol prices rise at this time of year is because this is when the population of the USA takes their annual" road trip" with their 4x4 or unfeasibly large motor home. There is plenty oil---- that's not the problem. What's lacking is refining capacity to produce petrol or diesel. This has gradually diminished over the years as the oil giants divest themselves of their refining capacity to third parties. limited supply+ increase demand= price rise. Factor in the huge increase in car ownership in China which artificially subsidises the internal price of oil to fuel economic growth and its no wonder we have to pay more for fuel --its a world auction and we are the losers.
£1.50 will seem cheap come Christmas...
When fuel was sub £1 any rise looked significant as it approach the milestone of £1/litre. Now we're a long way past it I barely raise an eyebrow with each increase. When it get's close to £2, which it inevitably will I may raise an eeybrow once more.
Car sharing, solar power, conservation will soon be on the lips on even the most harden cynic. You don't have to believe in any of it, but when it hits you hard in the pocket it's difficult to ignore.
Milk has also gone up in price. Hang on, so has bread! Deckchairs, trouser presses, houses and practically everything else except technology and cars it seems!
Petrol right now is about £1.50 per litre. 10 years ago it was nearly a pound. This is called inflation is it not and unless I'm mistaken history has shown us that money devalues to about half every 10 years.
So the headline really needs to be that petrol has never been so cheap!
10 years ago Petrol was 60-65p!
AA reports: http://www.theaa.com/motoring_advice/fuel/fuel-price-archive.html
Jan 2001: 78p unleaded and 82p diesel
Dec 2001: 71p unleaded and 75p diesel
OMG not again looks like i'll have to convert my car to lpg..
Hey ! does anyone know any good lpg garages in the midlands who convert petrol mercs to lpg?
Try adding a bit to that . Back in 2001 the price of a litre of 95 RON unleaded was about 80p. Sounds cheap but you could buy a terraced house in need of modernising for £20k back then too.
All counts for naught if wages don't follow inflation too though.
In part because tractors and milk tankers are powered by diesel...
Although I still love my car, I have pretty much stopped using it for short trips now. I have fallen in love with the humble bicycle again after 20 years without one and I have to say it has been a pretty good experience so far,it even goes on the train with me.
The kids complain but slowly the penny is dropping and they have all got off their backsides and walk everywhere now. With the cost of insurance as well, my teenagers stand no chance of getting a car and I think that penny is starting to drop as well.
A bit sad, because driving is still an enjoyable life experience for young people but like home ownership, marriage, starting a family, I think that the average age when people drive their own car (legally) will rise.
Is anyone surprised by this? Seriously? The middle east is in turmoil, the oil companies never drop the prices as quick as they put them up and never by the same margins. They are unfortunately just damned greedy it's a fact of life as sure as death & taxes.
Unfortunately wages do not increase at the same pace, I'm now wondering whether I should have got the C class 250CDI instead. Naaah only kidding they aren't pricing me out of this car yet.
Have to agree. I've cycled short distances all my life rather than drive. Anything above 20ish miles and i'll likely drive. The rest i cycle, rain or shine, i enjoy it and generally around town its a whole lot quicker and less frustrating.
Its a shame, i so hate seeing people drive down to the end of the road. I always feel its spoiling it for less wasteful people. I love driving my car, but i use it to drive Reading to Devon for the most part. It does nearly 30mpg on a run like that.
And also short journeys are so bad for the car. Hate that thought.
Petrol isnt going to get any cheaper. And i read research the other day about how bad electric cars are for the environment. I guess they'll get better, but i wonder how long we'll all be 'allowed' to drive around in our petrol cars
Tankers yes but tractors are classed as plant and run on gas oil (red diesel) which has no fuel duty tax
"The brief dip in petrol prices appears to have come to an end."
I think I blinked when this happened...
I remember the fuel strikes of 2000 but of course they changed the law to make it illegal to block fuel depots...
At that point, my local-to-work BP garage in Bracknell was selling 97RON at around a £1.00 per litre which was a nightmare as I had an M3 then.
However, if the duty on fuel was reduced from 80p per litre, this would perhaps provide some respite...
In the short term, but they will ultimately go one way, up.
I still think we are due a lull in prices later on, once the middle east turmoil sorts out, things will drop price wise.
I'm currently in the USA and yesterday filled up the rental Caddy CTS I'm driving. US$48 brimmed it. It would have cost me the equivalent of US$108 to buy the same quantity of petrol in the UK. Locals who I'm working with told me that they couldn't afford to come to work if gas cost them that much. It's all relative.