rant over
[Edited on 28/10/22 by Tazzzzman1]
In Carlisle petrol at £1:63.9 and diesel at £1:94.9. WHAT! 31p difference. What is going on? What prices are there in other parts of the country.
That is a big difference. Filled up my diesel Focus today at my local Morrisons (Yate, near Bristol) at £1.83.9/l petrol was £160.9. That works out as about 15% more for diesel. Our two daily's - Petrol Qashqai and Diesel Focus are arguably similar size cars and driven similarly. The QQ does 42mpg, the Focus 52mpg. Diesel therefore 23% better mpg so still slightly cheaper to burn diesel.
Round the corner from my house petrol is 149 and diesel is 167,... it is a COSTCO, the Asda is another 10p per on each.
I use the Fuelio app to check all the locations nearby, and it looks like Diesel and 98+ are all the same price here in Edinburgh. In Holland usually
D is about the same as 98, which is about 2.11e (gbp 1.83/litre)
[Edited on 26/10/22 by coyoteboy]
Hampshire (down south)
Not driving myself (epilepsy)
Family and friends are seeing petrol at £1.66-9 to £1.72-9 a litre at the moment (Basingstoke and Winchester)
Bus and train fares (I'm on those) have both risen - e.g. local bus fare return into town rose from £4.20 to £4.80
1.85 for diesel around here.
Is it due to extra demand for generators what with everything going on in Ukraine? Something I'd read but no idea if there's anything to it.
Also the weak pound isn't helping
Two causes: first, diesel costs more to make than petrol - you get less in a given volume of crude oil. Second, everyone pays for oil in US Dollars, and the Pound is very weak at the moment - in fact, any commodity with a USD base price (e.g. gold) is getting more expensive very rapidly.
quote:
Originally posted by David Jenkins
Two causes: first, diesel costs more to make than petrol - you get less in a given volume of crude oil. Second, everyone pays for oil in US Dollars, and the Pound is very weak at the moment - in fact, any commodity with a USD base price (e.g. gold) is getting more expensive very rapidly.
What Gets my blood boiling is that the big supermarkets are really taking the Mick...they have nearly always been significantly cheaper than most
independents and definitely cheaper than most BP/ Shell. However since the crisis often finding that local independents are cheaper... Is this just
the greedy Supermarkets milking the system? and noticing local Tesco and Morrisons increasing pump prices 2- 3 times in a day
rant over
[Edited on 28/10/22 by Tazzzzman1]
Personally I can't wait for the diesels to be priced out of existence. Totally fed up with the sickening black smoke they stink out for everyone else behind them to breath in. Like someone with toxic flatulence.
quote:
Originally posted by Mr Whippy
Personally I can't wait for the diesels to be priced out of existence. Totally fed up with the sickening black smoke they stink out for everyone else behind them to breath in. Like someone with toxic flatulence.
I can't say it's ever been a problem for me. At one time I was suffering from both asthma and sarcoidosis, but had no problem walking around Manchester city centre and standing at a junction with idling petrol and diesel cars queuing. However, the moment a bus or truck was in that queue, I was struggling to breath. The big, slow revving diesels were and still are (not all) horrendous.
quote:
Originally posted by Tazzzzman1
What Gets my blood boiling is that the big supermarkets are really taking the Mick...they have nearly always been significantly cheaper than most independents and definitely cheaper than most BP/ Shell. However since the crisis often finding that local independents are cheaper... Is this just the greedy Supermarkets milking the system? and noticing local Tesco and Morrisons increasing pump prices 2- 3 times in a day
rant over
[Edited on 28/10/22 by Tazzzzman1]
Pricing inertia works both ways though. And as we've seen it increases prices overnight yet takes weeks to return back when prices lower.
The supermarkets are effectively price fixing. 2 of the cheapest stations near me recently have been a BP at the airport (normally 5 to 10p dearer
than supermarkets) and a shell garage (again usually 5 or 6p more than supermarkets). When am out in the westy in some remote places the indy stations
are again cheaper still.
Considering inflation is causing all sorts of problems for the government, and fuel prices are one of the big drivers, am surprised that there's
not been some sort of regulation proposed or introduced. But then again it's lining HMRC pockets with the extra vat they are obtaining.
[Edited on 1/11/22 by sdh2903]
From what I've seen there is inertia in both directions if you compare the changes in Brent Crude prices for example, compared to supermarket
petrol/diesel prices. The thing is that the mainstream media will tend to report on the pump prices going up more readily than the price of crude oil
and so people get a distorted view. In fact this is pretty typical of the mainstream media as a whole - report the doom & gloom immediately but
hold back on the good news stories for as long as possible...
As for regulation - I'm definitely not a fan of that, especially when there are alternatives such as going to smaller independent garages and
rewarding those who are more agile on pricing. Just install a fuel prices app on your phone and use it as I do to decide who to award your business
to. Let the market decide basically - much better than government regulation IMO.
Yes inflation is causing the government a problem but it's further up the supply chain of fuel prices than pump prices that they are focused on.
It's wholesale supply and storage where I'd far prefer the government spend their time because that will (eventually) filter through to the
petrol, diesel and heating oil prices.
Oh, and if we're going to talk about potential windfall taxes on fuel suppliers, I hope the government also extends windfall taxes to the
pharmaceutical companies such as Pfizer who are also raking in obscene profits off the back of the global challenges we are facing. According to
Reuters Pfizer
are raising the price PER DOSE of the "vaccine" from $30 to $130. Crazy!
[Edited on 1/11/2022 by craig1410]
I disagree.
Wholesale fuel prices/oil increase and the price at the pump goes up that night. If they decrease they take a week to come down. Nothing to do with
blaming the media as beyond fuel prices peaking at 2 quid a litre when is the price at the pumps reported? It's only really the motoring
associations that are shouting about it.
I do agree on supporting the independents though. However sadly they are few and far between until you get out into the sticks as the supermarkets
have taken over. Ironically because they used to be undercut by the supermarkets.
I agree that the price go up "that night" when it's a fuel duty change but as someone who uses kerosene to heat their home, I track the
price of Brent crude carefully as it has a fairly quick effect on kerosene prices and I can use that to help me buy oil at the best time. Diesel is a
very slightly heavier oil than kerosene and has additives and additional processing so there is a bit more lag between Brent price changes and
wholesale diesel prices but the link is still there.
What I see locally is that independent garages tend to raise AND lower prices more quickly than supermarkets so I tend to shop at the independents
when prices are falling and at the supermarkets when they are rising. That's just my experience based on using the PetrolPrices app but maybe you
have a different experience in your area. I'm in the Dalry area in North Ayrshire and we have a number of supermarkets around here plus a range
of smaller suppliers.
As a snapshot, right now the cheapest diesel within 5 miles is "Unbranded Kilbirnie Filling Station" at £1.869 then a Gulf, an Esso, two BPs
and then finally Morrisons at Stevenson at £1.939. If I extend that to 10 miles then it changes to Asda first at £1.827 then Tesco, Salisbury's
both at £1.839 and then a "Jet" at £1.849. So it really does vary depending on how far you're willing to travel.
The thing I think we CAN agree on is for people to be aware of the significant differences and shop around using some sort of app.
At least we can be thankful that we don't buy our fuel where my daughter lives, Sydney NSW. Up until a few years ago, petrol stations could vary
their prices hourly to match demand. In the end, local regulation limited the retailers to one change in price per day. It was never a big variation,
maybe a cent or two up or down, but it was annoying.
My wife's cousin told us that there was such a thing as "tight-arse Tuesday" when prices were usually at their lowest!