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Author Topic: Diesel £1.50 per litre  (Read 1583 times)

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dad1uk

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Diesel £1.50 per litre
« on: 27 February 2012, 21:24:06 »

http://www.dailymail.co.uk/news/article-2106629/Diesel-prices-reach-record-high-1-50-litre-pain-way-motorists.html

Okay it is on the motorway, but fuel does seem to be creeping up again..... >:(
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TheBoy

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Re: Diesel £1.50 per litre
« Reply #1 on: 27 February 2012, 21:26:13 »

Petrol/Diesel really hiking around here. LPG seems to be reducing slightly, after 2 months of gradual increases...
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fiend61

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Re: Diesel £1.50 per litre
« Reply #2 on: 27 February 2012, 21:32:55 »

it is in york as well even tescos have gone up 2p to 133.9  :(  think asda is 0.2p cheaper  :'(  working in newcastle at the moment travelling back and forth and there is a shell garage on the A1m in durham that is 131.9   (wonders where the fiend fills up)  ;)  and i now know that i can take my 'mileage to go' down to 3miles left never had it that low before  :y mind you i was sweating and hopeing for more downhill bits  i love that 999.9 mpg  :y
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Omega_Dan

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Re: Diesel £1.50 per litre
« Reply #3 on: 27 February 2012, 21:33:06 »

Its killing me at the moment. Its either get rid or park up ::)
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aaronjb

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Re: Diesel £1.50 per litre
« Reply #4 on: 27 February 2012, 21:40:32 »

£2/L or more by the end of the year, I'm sure.
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cem_devecioglu

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Re: Diesel £1.50 per litre
« Reply #5 on: 27 February 2012, 21:45:09 »

£2/L or more by the end of the year, I'm sure.

thats my secondary problem as home gas bills passing my fuel bills here >:(
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Vamps

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Re: Diesel £1.50 per litre
« Reply #6 on: 27 February 2012, 21:46:09 »

£2/L or more by the end of the year, I'm sure.

If that happens it is going to hurt a lot of people, me included..... :( :( :(
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aaronjb

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Re: Diesel £1.50 per litre
« Reply #7 on: 27 February 2012, 21:49:23 »

£2/L or more by the end of the year, I'm sure.

If that happens it is going to hurt a lot of people, me included..... :( :( :(

People buy less, the government gets less in tax, so they increase the tax, people buy less, the ... you see where this is going ;)
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Vamps

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Re: Diesel £1.50 per litre
« Reply #8 on: 27 February 2012, 21:50:47 »

£2/L or more by the end of the year, I'm sure.

If that happens it is going to hurt a lot of people, me included..... :( :( :(

People buy less, the government gets less in tax, so they increase the tax, people buy less, the ... you see where this is going ;)

And no pay rise for several years....... :'( :'( :'(
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Del Boy

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Re: Diesel £1.50 per litre
« Reply #9 on: 27 February 2012, 21:56:51 »

One garage around here is £1.50 a litre for diesel, in town too. It really needs something doing about it!!
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symes

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Re: Diesel £1.50 per litre
« Reply #10 on: 27 February 2012, 22:00:21 »

whats a pay rise??? government wants all my cash for taxes and yet still want my vote!!??? years ago I remember government saying _by diesel-so most get a diesel then-WALLOP!!! £7 a gallon  >:(
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Rods2

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Re: Diesel £1.50 per litre
« Reply #11 on: 27 February 2012, 22:11:16 »

The other day I was looking to see how European prices compare:

http://www.fuel-prices-europe.info/

Petrol 95 RON € 1,714 UK:
Most Expensive
1. € 2,003 Norway
2. € 1,874 Turkey
3. € 1,814 Italy

Cheapest:
1. € 0,610 Belarus
2. € 0,737 Russia
3. € 0,790 Ukraine

Diesel € 1,735 UK:
Most Expensive:
1. € 1,890 Norway
2. € 1,750 Italy
3. € 1,735 UK

Cheapest:
1. € 0,630 Belarus
2. € 0,745 Russia
3. € 0,752 Ukraine

Quite a variation in prices between the cheapest and most expensive!  >:(

Energy prices are the Elephant in the room that is not going to go away.  >:(

Some of the prices increases at the moment are due to countries giving banks large amounts of money like QE in the UK, which is invested by the banks into oil and other commodities, where they are currently on a one-way price rise bet, and if the there is a price correction, they can always have some of that lovely fuel duty tax to bail them out.  :o >:( >:( >:(

So the banks make increased profits, we get to pay the bill through commodity and UK inflation, while high energy and commodity prices, kill any possible growth. In the UK 5 to 10 years of stagflation here we come.  >:( >:( >:(
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cem_devecioglu

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Re: Diesel £1.50 per litre
« Reply #12 on: 27 February 2012, 22:20:09 »

we are in the record list ..  >:(
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omega3000

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Re: Diesel £1.50 per litre
« Reply #13 on: 27 February 2012, 22:20:26 »

We wonder why this country has run out of money , i too can see fuel reaching the £2 A litre mark  >:(

Quote
"Run out of money"???? RUN OUT OF MONEY???? Spending £50 MILLION PER DAY on Europe, proposed spending of £33 BILLION on a railway no-one wants, £700 BILLION combatting climate change that isn't happening, BILLIONS of oversaeas aid to countries who admit to not needing it - to name but a few - and he says "we've run out of money"????? Has he seen what bears do in the woods lately? There are no insults great enough to describe this man and his policies.

Read more: http://www.dailymail.co.uk/news/article-2106629/Diesel-prices-reach-record-high-1-50-litre-pain-way-motorists.html#ixzz1ncgjNRJD

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Varche

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Re: Diesel £1.50 per litre
« Reply #14 on: 27 February 2012, 22:27:41 »

It won't stop at £2 a litre.

There is still the issue of hugely increased world demand AND the issue of uncertainty in some oil producing countries. Wars and blown up pipelines won't help anyone.

Incidentally. Now is a good time to sell the gold I recommended a while back and buy into oil. Safe bet is Shell and to a lesser extent BP. For a wilder punt buy into oil explorers.
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