Two separate comments to make on this.
Re the prices, I heard from a very reliable source that the petrol companies were all holding onto the higher prices as long as they could to recoup the profits they had lost earlier in the year. Yes the barrel prices have been cheaper recently but the prices are fluctuating so much on a daily basis that the companies have just decided to hold on to their higher prices to smooth it out!
However, I believe Sainsburys dropped the prices in some sites down South which started the widespread drop in prices.
On a second note, I have also just filled up and, being the sad anorak I am, I updated my spreadsheet for the fuel economy. When I got the Saxo in April 2001, diesel was 77.9 per litre. Four years later, it is 85.9. Now, ignoring all the taxation arguments, is 2p a litre rise per year that bad? I bet even bottles of water in the supermarkets will have had a bigger increase in that time?
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For the last 4 years the inflation rate has averaged 1.5%
Should make your fuel about 82.7p?
Of course if you take the RPI thats about 2.5% I think.
Local Tesco Tuesday 84.9
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78.9 at Shell Marmion in Nottingham, has been for weeks, before that it was 80.9.
Diesel is 82.9 and Optimax is 84.9
I have no idea why, they were up to 9 to 11p less than everyone else. At first I thought they must need to get rid of it quickly due to a leak or something, but it has been weeks. Now others have reduced the gap to about 5p.
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Diesel 93.9 on Tuesday at Q8 on A1 southbound near Alconbury. No queues there I can tell you!
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Local (Watford) Tesco's unleaded is now 79.9, so that would make diesel about 82p - not sure exact price of derv as I never bother to check.
Add to that the "5p off a litre when you spend £50" promotion that Tesco have been having recently and it works out much cheaper than branded fuel
....Oh, and let's not have a(nother) "supermarket Vs branded fuel" debate, it been done to death on here already....
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The Shell Marmion at 78.9 is quite small, and has a rubbish small shop, So it's weird that the price is so low, it can't be to get you in the shop as it doesn't sell much. It shows how much the others must be making in margins.
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The Shell Marmion at 78.9 is quite small, and has a rubbish small shop, So it's weird that the price is so low, it can't be to get you in the shop as it doesn't sell much. It shows how much the others must be making in margins.
Where in Nottingham? I'll pay a visit if not too far.
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Hello, it is on Carlton Road near the junction with Porchester Road, only 1/2 mile from city centre.
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and the dollar has strengthened against the £ (and everything else for that matter) so the $ per barrel could stand still and the price will still go up.
John
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