fuel prices

[si tate]

Filled up in leeds today, esso dyno 94.9, thats cheaper than asda which is 96.9. Thing is how long will it last, will it come down more or will we be in for a shock when it rockets to 129.9 again.

[Surfer Ross]

Filled up in leeds today, esso dyno 94.9, thats cheaper than asda which is 96.9. Thing is how long will it last, will it come down more or will we be in for a shock when it rockets to 129.9 again.

It should keep on coming down. Pump prices are 6-8 weeks delayed from the current crude oil price which is the lowest its been for about 7 years. All the top analysts have rethought their 1 year forecast to about $45 a barrell, a price that is still about 6 weeks away at the pump. Short of OPEC completely shutting off supplies, we won't see £1+ per litre any time in the next year or two.

[Ava_Banana]

Hurrah......nicely justifying my purchase of a 3.0 litre diesel


....all we need now is for veg oil to drop to 20p a litre

[stormforce]

tesco unleaded is 85ppl and diesel is 97ppl so it makes a change to see the litres clock up quicker than the £'s on the pump

[Surfer Ross]

Diesel should start to get closer to the petrol price at the beginning of spring in the Northern Hemisphere. As the demand for domestic heating oil (very similar to diesel) drops, the wholesale price of diesel drops too.

[fergus]

"Short of OPEC completely shutting off supplies, we won't see £1+ per litre any time in the next year or two."

thats a very bold statement to make.
bet if you had gone to a bookies a year ago and asked for odds that by Nov there would be a black president inthe US, Hull would be inthe top 5 of the premiership and most of the UK banks would be bankrupt, the bookie would have told you to go back to your asylum.

Ditto predicting the price of fuel- the top analyst in the UK recently revised his projection down from $200 per barrell to $45. Just go to show no one should pay these idiots for advice

Hope your right but I wouldnt bet on it

[Apache]

That and OPEC have been muttering about production reduction to push the price back up.

My god, have these people not got enough gold plated jewel encrusted Rolls Royces in their 100 car garages???

[The Hornet]

Diesel is 91ppl at Waitrose in Southend.

[Ava_Banana]

Oooh....a local surf.

Hornet...I live in Chelmsford and work in Hockley....

...pop into Southend every now and then dropping jobs off.


..and I drove from Southend to Chelmsford today to fill up at 96p...

..I'll have to find that Waitrose..

[The Hornet]

I'm in Rochford.
The Waitrose is where Send FC are moving to, past Cuckoo Corner where the great unwashed are living in the tress.

[Ava_Banana]

I'm in Rochford.
The Waitrose is where Send FC are moving to, past Cuckoo Corner where the great unwashed are living in the tress.

Aha....couple of guys I work with live in Rochford.

...If I see ya...I'll give a wave

[Albannach]

Diesel should start to get closer to the petrol price at the beginning of spring in the Northern Hemisphere. As the demand for domestic heating oil (very similar to diesel) drops, the wholesale price of diesel drops too.

Really? I didn't realise the domestic heating oil market was so big it could skew the price of diesel. Where did you get your information from?

[JUDWAK]

Really? I didn't realise the domestic heating oil market was so big it could skew the price of diesel. Where did you get your information from?

not realy sure but is heating oil the same has transforer oil for power stations
coz i have used both before worked fine
and its very close to diesel

[Albannach]

not realy sure but is heating oil the same has transforer oil for power stations
coz i have used both before worked fine
and its very close to diesel

The SG may be similar, but that's it! Transformer oils are either Highly Refined Mineral oils or Silicone Oils. They are designed as electrical insulators and coolants and act more like lubricating oils than fuel oils.

Mineral oils will burn, but are highly toxic if they don't completely combust. Silicone oils tend to be more stable, therefore harder (but safer) to burn.

[asgawth]

Lets not forget that our beloved chancellor promised to put 6p on each litre in his PBR a while ago. From memory it was something like 2p just recently, 2p in Apr 09 and another 2p in Apr 10.

Something like that anyway....

Andrew