From the BBC:
"Average diesel prices have risen above £1 a litre to a record high as the cost of crude oil continues to forge higher."
news.bbc.co.uk/1/hi/business/7052504.stm
A temporary spike in prices or the beginning of the end? We are currently thinking of getting a kia sedona, maybe the hyundai getz would be a better choice?
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just heard this on the newts
not good is it
im sick of pulling in at petrol stations and its not till you look at the pump in greater detail that they are trying to sell you super diesel or super duper unleaded at £1.07 a litre
its a big con and ive been caught out with it
NO SMILEY SMILEY
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I'm sure it was less than £1 when I filled up earlier this week. Gunther never gets anything but the cheapest city diesel I'm afraid - no super duper diesel for him!
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I don't think the article stated if the average price was that of normal or super duper go faster diesel.
With the price of crude being so high at the moment I expect we will see prices creep up a bit further yet. Time to stock up on the veggie oil.
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I filled up at my usual Shell station yesterday for 97.9ppl, but the supermarkets and most other places in our area are now 99.9 or 100.9 ppl.
Cheers
DP
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04 Grand Scenic 1.9 dCi Dynamique
00 Mondeo 1.8TD LX
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Petrol has been over £1/litre at some stations here (Isle of Wight) for a while now. I was hoping the pumps would run out of digits but they seem able to cope...
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It's funny, when I filled up on Wednesday, for the first time in ages diesel was cheaper than unleaded (97.9 v 98.9).
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I got a bit of a bargain last Saturday then - 96.9 at Sainsbury's and because SWMBO spent over £50 in the store got a further 5p a litre off - should last 'til I get to France next week and get some for a euro (or close) a litre.
Good old chancellor of course adds a further 17.5% vat to any price rise due to increased oil prices.
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Phil
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Filled up in Holland earlier this week. Diesel prices are at 1.019 Euros at some forecourts. Equates to 75 pence.
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Record cost of oil?
No, huge taxation portion.
In the last 5 years, petrol has risen what, 30p at the most? Whereas oil prices have QUADRUPLED. As we can see, oil price rises do NOT have a huge affect on the price of our fuel.
It's all down to the huge levels of taxation - they cause the high price but they also insulate against large price spikes due to oil cost.
Given the cost of product is well under 40p even today, oil could double in price and we'd still only be paying up to 1.20 a litre.
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Diesel only costs about 38 pence per litre and unleaded a bit less than that.
That Fat Scottish bloke who's name makes my fist clench adds 50.82 pence then another 17.5% on top of that. Then blames oil companies for profiteering. When people complain about the tax he plays the "schools and hospitals" card and if pushed wheels a nurse out of a glass cabinate he keeps in Number 10 for such "emergencies" and tells us she will loose her job.
If the public have the temerity to protest, he just bans protests, then tells, the international community to condem Burma for stopping protests (huh?)
The 2 pence per litre was added to "send out the right message", the right message being what exactly. I'd say it is something along the line of "don't you dare use your cars or we will tax you, it's for your own good you know". he then get's in his Ministerial Jag/ Omega or whatever and drives 200 yard to downing street.
I'm not sure why it is bad to burn fossil fuel on the road, but ok to burn them in the sky, or why my grandma gets a £200 voucher for them.
I'll be visiting my MP when I've got my arguement sorted out....
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Top rant, nb857. I can't argue with a single word of it!
Cheers
DP
--
04 Grand Scenic 1.9 dCi Dynamique
00 Mondeo 1.8TD LX
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Just filled at my usual Shell station at 97.9p - same as Asda. Texaco station on the other side of the road to the Shell station 103.9p!!
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In Iran, it is 4 or 5p a litre, and the roads are better..
jadi.civiblog.org/_photos/park_way_iran_view.jpg
but the country fell to twerps since 1953 to due to Operation Ajax.
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At present I'm living in the USA for about six months and the roads are as expected filled with many V8 powered vehicles putting out about the same amount of power as a reasonable washing machine and getting the kind of mpg that makes a Range Rover look really quite clean transport. The fuel is (today) $2.85 per US gallon where I am, however this time last year it was $1.80 and it's been as high as $3.60 in the last couple of months. It's expected to be over $3.25 by the end of October. The taxation on UK fuel is huge I don't disagree, but it does at least stabilise out the oil prices at the pump so the variation is 50p or so per tank not £5.
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I've always thought when hearing on the news/in the papers that fuel has hit X pence a litre "Why then is it still Y pence a litre cheaper at all the places round here?" Then I read that the South East has the cheapest fuel in the country. Ties in with my experience so it must be true ;)
96.9p a litre (diesel), filled up this morning.
Only 3 or so months ago it was 93.9p a litre though. I remember it going to 94.9p. Now it's skipped a step to 96.9p.
Edited by pendulum on 21/10/2007 at 01:32
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>> 96.9p a litre (diesel) filled up this morning.
And whereabouts was that; O Swinging One?
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I was watching a TV programme ages ago, something like Chris Barrie's Massive Engines, and they said the reason that diesel lorrys became popular in the 1950s was that diesel was much cheaper to refine and so cost a lot less at the pump.
I know there are various fuel economy issues (maybe back then, too) but is it cheaper to make or not?
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Lots in Newcastle for 96.9p/litre too, including shell. I use petrolprices.com to keep an eye out.
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Still 95.9 for diesel at Shell Salford Quays and Shell Regent Road.
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Sorry, just seen this. Petrol station down the road from me, Tcs White Heather, on Kiln Road (A13). Consistently the cheapest petrol station in the area I find, very handy as it's also the nearest to my house.
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I remember petrol reaching 203.7 p/gallon in the mid-80s.
£1/litre - 454.6 p/gallon - twenty years on doesn't seem too bad compared to the rise in cost of other 'essentials' (like housing).
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Well world oil consumption is rising 2-3% pa.. even in the USA( global warming ? waht's that?:-) and there has been no really MAJOR oil find in the last 20 years and some of the big Saudi fields are 50 years old and still supply around 5% of world consumption.
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so any respite in oil prices is likely to be temporary (I speak in a timescale of years here).
That's why I run a small diesel cos it's obvious that the price of a scarce resource with limited supply and growing demand goes only one way long term
(I posted a similar argument 3-4 years ago when oil was around $40...)
madf
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