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Chat Area => General Discussion Area => Topic started by: albitz on 10 October 2008, 05:50:48

Title: price of petrol - again !
Post by: albitz on 10 October 2008, 05:50:48
Oil has now dropped to $82 per barrel. so petrol should drop below £1 per litre soon,but will it happen ? :-/
Title: Re: price of petrol - again !
Post by: Gaffers on 10 October 2008, 06:01:32
you need to ask?

the robbin barstewards will get all they can  >:(
Title: Re: price of petrol - again !
Post by: albitz on 10 October 2008, 06:15:57
I remember a bloke from the petroleum retailers assoc. saying on tv a few months ago that pump prices track barrel prices but take a couple of months to filter through.so pump prices should drop considerably before christmas.
It will be interesting to see if they do.
Title: Re: price of petrol - again !
Post by: tunnie on 10 October 2008, 07:09:01
i tanked up with BP Ultimate yesterday, was 113p, bargin i thought compared to the 123p it used to be several weeks ago.
Title: Re: price of petrol - again !
Post by: albitz on 10 October 2008, 07:15:01
lets hope the trend continues. :y
Title: Re: price of petrol - again !
Post by: waspy on 10 October 2008, 08:13:32
Its actually gone up recently here >:( >:( >:( >:(
Title: Re: price of petrol - again !
Post by: The Red Baron on 10 October 2008, 08:49:36
unleaded £1.06 here in burton on trent.
Title: Re: price of petrol - again !
Post by: DaveyDavey on 10 October 2008, 09:17:19
Quote
I remember a bloke from the petroleum retailers assoc. saying on tv a few months ago that pump prices track barrel prices but take a couple of months to filter through.so pump prices should drop considerably before christmas.
It will be interesting to see if they do.

Except when Oil prices go up, then they change a lot faster.

Dick Turpin would be proud of 'em!
Title: Re: price of petrol - again !
Post by: oro on 10 October 2008, 13:26:29
just announced Tesco dropped by 3p ltr - i guess others will follow soon.
Title: Re: price of petrol - again !
Post by: cem_devecioglu on 10 October 2008, 13:32:06
Quote
just announced Tesco dropped by 3p ltr - i guess others will follow soon.

 ;D ;D

this is a joke..not a price drop..same my country >:(
Title: Re: price of petrol - again !
Post by: Jimbob on 10 October 2008, 13:34:22
Quote
Quote
just announced Tesco dropped by 3p ltr - i guess others will follow soon.

 ;D ;D

this is a joke..not a price drop..same my country >:(

maybe, but any port in a storm....

greatful for small mercies etc etc
Title: Re: price of petrol - again !
Post by: Nickbat on 10 October 2008, 13:40:45
Quote
Oil has now dropped to $82 per barrel. so petrol should drop below £1 per litre soon,but will it happen ? :-/


Down to $78.99 now!  :)
Title: Re: price of petrol - again !
Post by: DaveyDavey on 10 October 2008, 13:44:18
Blimey, the government asking for something positive to happen. Whatever next?

http://news.bbc.co.uk/1/hi/business/7662918.stm
Title: Re: price of petrol - again !
Post by: jimmas on 10 October 2008, 13:58:32
still around the 110.9 for unleaded in stevenage at the moment
Title: Re: price of petrol - again !
Post by: DaveyDavey on 10 October 2008, 14:06:25
My local Tesco is down to 106.9, which is nice  :)
Title: Re: price of petrol - again !
Post by: jimmas on 10 October 2008, 14:09:38
would be nice to see if it drops below a pound or at least very close
Title: Re: price of petrol - again !
Post by: JamesV6CDX on 10 October 2008, 14:10:44
I personally think that 99.9p for petrol is a fair price.
90ppl would be ideal.

Title: Re: price of petrol - again !
Post by: jimmas on 10 October 2008, 14:11:46
would be good if it does drop to that  :y
Title: Re: price of petrol - again !
Post by: JamesV6CDX on 10 October 2008, 14:12:50
It nearly is here - 105ppl...
Title: Re: price of petrol - again !
Post by: Danny on 10 October 2008, 15:05:54
had 105.9 ppl yesterday but not paid attention to petrol stations today as after 70 miles my needle has only just begun to move off the "full" mark :D
Title: Re: price of petrol - again !
Post by: woodsy_mv6 on 10 October 2008, 15:14:13
Still 109.9 here.

120.9 for the thick stuff :(
Title: Re: price of petrol - again !
Post by: Nickbat on 10 October 2008, 16:01:12
Quote
Quote
Oil has now dropped to $82 per barrel. so petrol should drop below £1 per litre soon,but will it happen ? :-/


Down to $78.99 now!  :)


$76.63 now.

Who said it would get down to $60-80?  ::) ::) ;)


Your OOF economic smart arse forecaster  :y
Title: Re: price of petrol - again !
Post by: Nickbat on 10 October 2008, 18:35:32
$75.47 now!

Down over $8 on the day.

:o :o
Title: Re: price of petrol - again !
Post by: Proz on 10 October 2008, 18:38:09
Not before time it started coming down  :(
Title: Re: price of petrol - again !
Post by: Field Marshal Dr. Opti on 10 October 2008, 18:44:39
Quote
Quote
Oil has now dropped to $82 per barrel. so petrol should drop below £1 per litre soon,but will it happen ? :-/


Down to $78.99 now!  :)

Really should be less than £1 per lire with falling oil prices.....we'll see :y :y :y :y
Title: Re: price of petrol - again !
Post by: webby23 on 10 October 2008, 18:44:40
So when can we expect to see pump prices drop? Any idea?
Title: Re: price of petrol - again !
Post by: albitz on 10 October 2008, 19:17:03
Quote
$75.47 now!

Down over $8 on the day.

:o :o
how long do you think it will be before opec cut production to force the price back up nickbat?
Had to laugh earlier when Gormless Brown said that the oil companies must cut the price of petrol ,to make life easier for the motorists.
How did he kee his face straight.actually,come to think of it,he never keeps his face straight. :D ;D
Title: Re: price of petrol - again !
Post by: Danny on 10 October 2008, 20:49:48
where are you getting the oil price from?? is it available to view online?

petrol here is now 102.9ppl
Title: Re: price of petrol - again !
Post by: MickAP on 10 October 2008, 20:59:44
A big city financial wizz said on TV a while back that it takes at least 4-5 weeks for a drop in oil prices to reflect a drop in price at the pump.

On Working Lunch BBC2 today the boss from Shell UK said price reductions should hit the pumps pretty quickly............

What do you believe?........I know that whenever oil prices go up it nearly always impacts at the pump same day or very soon after.

Price of petrol here 105.9  diesel 116.9  ASDA/Sainsburys and that's about the cheapest.


Mick
Title: Re: price of petrol - again !
Post by: LaserLance on 10 October 2008, 21:02:18
filled up this evening in a somerfield garage in sittingbourne 116.9p was 119.9 yesterday ... result
Title: Re: price of petrol - again !
Post by: Nickbat on 10 October 2008, 21:23:16
Quote
where are you getting the oil price from?? is it available to view online?

petrol here is now 102.9ppl

Here:

http://www.bloomberg.com/markets/commodities/cfutures.html

Look at the Brent crude line. Now $76.52.

 :y :y
Title: Re: price of petrol - again !
Post by: Nickbat on 10 October 2008, 21:27:02
Quote
filled up this evening in a somerfield garage in sittingbourne 116.9p was 119.9 yesterday ... result


Ouch!

These prices taken from the excellent http://www.petrolprices.com:

                  Avg.      Min.           Max.
Unleaded:      109.0p      103.9p      119.9p
Diesel:         120.4p      114.9p      136.9p
LRP:             113.3p      107.9p      117.9p
Super:         115.9p      108.9p      129.9p
LPG:             58.0p      49.9p      65.9p

..and those were yesterday's prices! So, somewhere in the UK you can get unleaded for 103.9p  :)
Title: Re: price of petrol - again !
Post by: Nickbat on 15 October 2008, 17:05:40
That's it!

Morrisons & ASDA have dropped to 99p/litre.


I SAID IT WOULD DROP BELOW £1!!!  ;) ;D ;D
Title: Re: price of petrol - again !
Post by: Nickbat on 15 October 2008, 17:06:30
Quote
That's it!

Morrisons & ASDA have reduced the price to 99p/litre.


I SAID IT WOULD GO BELOW £1!!!  ;) ;D ;D

Super smart *rse now!  ;D ;D ;D ;D ;D
Title: Re: price of petrol - again !
Post by: Nickbat on 15 October 2008, 17:14:31
Sorry I sort of duplicated the other thread. When I heard the news I checked to see if anyone had mentioned it and it didn't look like it (at least from the thread titles).

Sorry again.  :-[ :-[
Title: Re: price of petrol - again !
Post by: Danny on 15 October 2008, 17:16:29
still 102.9 here :(
Title: Re: price of petrol - again !
Post by: Nickbat on 15 October 2008, 17:18:20
The price of crude has dropped further today, to $71/barrel, so further falls in the forecourt price are a certainty I would say.  :y
Title: Re: price of petrol - again !
Post by: Jay w on 15 October 2008, 17:52:49
announced tonight on the BBC radio news, asda and morrisons are dropping the price of unleaded to 99.9p  :y

yet again Nickbat was right
Title: Re: price of petrol - again !
Post by: Danny on 15 October 2008, 18:43:52
Quote
The price of crude has dropped further today, to $71/barrel, so further falls in the forecourt price are a certainty I would say.  :y

good job too, the last couple of days it was climbing a dollar a day up to $77 yesterday!!
Title: Re: price of petrol - again !
Post by: Richie London on 15 October 2008, 19:49:27
i paid 106 today but thats texaco, always the dearest round here
Title: Re: price of petrol - again !
Post by: Vamps on 15 October 2008, 21:52:44
Filled up yesterday at Tesco 107.0p/l and vouchers seem to have stopped again ::)
Bp garage today, notice 105.9p/l :( and I delayed filling up as long as possible ::) ::) ::)
Title: Re: price of petrol - again !
Post by: SheWhoMustNotBeOUTBID on 15 October 2008, 22:40:51
Julian got LPG for 47p/L yesterday which is a 2p drop / litre
Title: Re: price of petrol - again !
Post by: Field Marshal Dr. Opti on 15 October 2008, 22:43:10
Quote
That's it!

Morrisons & ASDA have dropped to 99p/litre.

I SAID IT WOULD DROP BELOW £1!!!  ;) ;D ;D


Not Tesco I note.
 :y :y :y :y
Title: Re: price of petrol - again !
Post by: albitz on 15 October 2008, 22:44:33
Filled up tonight at Asda,expecting 99.9 per litre - 102.9  >:( :'(
p.s. nickbat for chancellor. :y ;D
Title: Re: price of petrol - again !
Post by: Vamps on 15 October 2008, 22:47:25
Quote
Filled up tonight at Asda,expecting 99.9 per litre - 102.9  >:( :'(
p.s. nickbat for chancellor. :y ;D


I will second that......... :y
Title: Re: price of petrol - again !
Post by: Kevin Wood on 15 October 2008, 22:52:20
Quote
Julian got LPG for 47p/L yesterday which is a 2p drop / litre

>:(

58.9 is the cheapest round here. :(

Kevin
Title: Re: price of petrol - again !
Post by: Olympia5776 on 15 October 2008, 23:07:52
Well good luck to y'all ,I never thought it would fall below £1 in UK  again .
Here in Ireland we had our budget yesterday and petrol ,although not diesel ,went up by 8 cents a litre. Still with a 7 billion euro fiscal shortfall expected next year it could have and probably should have been worse.
However, no council tax or water rates help. :y :y :y
Title: Re: price of petrol - again !
Post by: woodsy_mv6 on 15 October 2008, 23:17:33
Yer, now its below a pound, I wonder how long it is before that Darling Chancellor remembers that 2p tax hike ::)
Title: Re: price of petrol - again !
Post by: Kevin Wood on 15 October 2008, 23:21:04
Quote
Yer, now its below a pound, I wonder how long it is before that Darling Chancellor remembers that 2p tax hike ::)

Yep. That'll be rearing its' ugly head for certain, just as soon as he's figured out how to fiddle the inflation figures to exclude fuel duty. >:(

Kevin
Title: Re: price of petrol - again !
Post by: woodsy_mv6 on 15 October 2008, 23:23:37
Quote
Quote
Yer, now its below a pound, I wonder how long it is before that Darling Chancellor remembers that 2p tax hike ::)

Yep. That'll be rearing its' ugly head for certain, just as soon as he's figured out how to fiddle the inflation figures to exclude fuel duty. >:(

Kevin
Won't be that long then!
Mr Brown fixed that one when he had the job >:(
Title: Re: price of petrol - again !
Post by: Pete Elite on 15 October 2008, 23:29:10
Quote
Yer, now its below a pound, I wonder how long it is before that Darling Chancellor remembers that 2p tax hike ::)

    That's the only reason Brown wants the Oil Companies to drop their prices so that he can stick the boot in again with his added Tax to try and claw back some of the money his spent bailing out those poor self-abusersbankers >:( >:( >:(.
Title: Re: price of petrol - again !
Post by: theowletman on 15 October 2008, 23:48:00
The oil will soon start flowing out of Iraq again, they need the money to rebuild the Yanks target practice, more oil on the market should keep the supply up and the price down.
Title: Re: price of petrol - again !
Post by: feeutfo on 16 October 2008, 01:43:09
was 102.9 yesterday at Asda. Bloke said, down the pub, it was 99point something today. Must be true if bloke said...
Title: Re: price of petrol - again !
Post by: bertiecbx550 on 16 October 2008, 04:02:27
99.9p a litre at the gulf garage in wall heath west mids...A449 wolverhampton to kidderminster... ;)
Title: Re: price of petrol - again !
Post by: Nickbat on 16 October 2008, 09:59:04
[size=16]$68 per barrel this morning!! [/size] :o :o :o :o
Title: Re: price of petrol - again !
Post by: Welung666 on 16 October 2008, 10:03:01
Quote
99.9p a litre at the gulf garage in wall heath west mids...A449 wolverhampton to kidderminster... ;)

Just up the rabbit run from me! I'll go fill up this morning :y
Title: Re: price of petrol - again !
Post by: Markjay on 16 October 2008, 10:22:12
Quote
99.9p a litre at the gulf garage in wall heath west mids...A449 wolverhampton to kidderminster... ;)

Same here  8-)

(http://img80.imageshack.us/img80/5586/image002ju3.jpg)

Title: Re: price of petrol - again !
Post by: Jay w on 16 October 2008, 10:38:43
who reckons we will see it back at late 80's or early 90's then
Title: Re: price of petrol - again !
Post by: serek on 16 October 2008, 10:39:29
in huntingdon today morning still 106.9  :(
Title: Re: price of petrol - again !
Post by: Field Marshal Dr. Opti on 16 October 2008, 12:23:14
Quote
Quote
99.9p a litre at the gulf garage in wall heath west mids...A449 wolverhampton to kidderminster... ;)

Same here  8-)

(http://img80.imageshack.us/img80/5586/image002ju3.jpg)


The difference between petrol and diesel is now about 12%.....prices used to be very similar....is there a reason for this ,or is Mr Darling a man that hates diesels.....or just a greedy bas###d. :'( :'( :y :y
Title: Re: price of petrol - again !
Post by: Field Marshal Dr. Opti on 16 October 2008, 12:49:55
Evo magazine this month.


1998
petrol cars 85%
diesel cars 15%

2008
petrol cars 56%
diesel cars 43%
Alternative fuel and electric 1%........Diesels are taking over the world.

This could account for the extra cost of diesel. :'( :y
Title: Re: price of petrol - again !
Post by: woodsy_mv6 on 16 October 2008, 12:56:05
Our European neighbours have been buying more oil burners than petrols for well over a decade.

And if you think we're behind in the came....look at the US
Title: Re: price of petrol - again !
Post by: Jay w on 16 October 2008, 13:01:27
Quote
Evo magazine this month.


1998
petrol cars 85%
diesel cars 15%

2008
petrol cars 56%
diesel cars 43%
Alternative fuel and electric 1%........Diesels are taking over the world.

This could account for the extra cost of diesel. :'( :y

I believe diesel does cost more to refine, again i am happy to be proved wrong on that.

Another reson for diesel cars being more popular is the fact that they drive a lot like petrol cars these days, especially the more modern common rail stuff.
In the last 10-15 years there has been massive investment in diesel technology and so the engins are quiter, more economical and still as robust as they have been, if there had been as much investment in the petrol engine then it is fair to say the technolocical advances could have made it better than it is today.

Once the populus adopted diesel the government decided to milk it for all it was worth, this has always been the fear with LPG and other 'alternative fuels' once they become popular they lose their advantage.

if this price difference was to continue or aonother 10 years it would be interesting to see the petrol/diesel ratio difference then