Any one else Fed up with fuel prices???

[JonnyB]

I've notice a 4p hike in the cost of petrol in the last week, Shell here in Lincoln(UK) is now 114p/litre

It's petition time - (mind you do they listern)
http://petitions.number10.gov.uk/DutyReduction/

[totty]

I've filled in loads of these petitions I'm I'm yet to see a positive response. At least we'll get the opportunity to vote them out shortly, but then again are the alternatives any better

[rhos1355]

Yup, there's a whole load of tax in the fuel price, but there is also a whole load of greed involved too, and by this I mean speculators.
There's a story going a round that in 2008 when the price of diesel was at 134p/litre this was due to speculators 'parking' 3 mega tankers off the coast of England and watching the price go ever higher.
The rest is up to us. If we used fossil fuels a lot less there'd be a surpluse and the price would eventually come tumbling down.

Well that's my theory.....and I'm sticking to it

[SteveD CB500K0]

I'll go with supply and demand.

I've just ditched my 35mpg Focus for a diesel (55mpg)

Never thought I'd own a diesel, but its pretty good (1.6 Ford Duratorque)
110 bhp but 260 Nm which is nearly double the 1.8 petrol that I had before!

[Spitfire]

The only people to make real money out of oil products are the Government and the speculators, I worked for Shell for 40 years and the margin on petrol is tiny, compared with the governments "slice".

Cheers

Den

[Bryanj]

Kin right and what about the idea of paying tax on the tax (VAT is charged on the cost of the fuel+the "Duty".  Ive seen

[JonnyB]

The only people to make real money out of oil products are the Government and the speculators, I worked for Shell for 40 years and the margin on petrol is tiny, compared with the governments "slice".

Cheers

Den

I wasn't blasting at Shell in particular, in fact Shell in my area is only the dearest because they round to the nearest penny, Morrisons will be 113.9

[rhos1355]

I'll go with supply and demand.

I've just ditched my 35mpg Focus for a diesel (55mpg)

Never thought I'd own a diesel, but its pretty good (1.6 Ford Duratorque)
110 bhp but 260 Nm which is nearly double the 1.8 petrol that I had before!

Steve,
What's the calculation to show when (in total miles) diesel is economically beneficial compared to petrol?
I've heard that it in the region of 10,000+ miles per year, but I don't understand how they get to that figure as the prices fluctuate so much (by fluctuate I mean in one direction.......up).

[LesterPiglet]

Here's a handy site I use.

http://www.petrolprices.com/

[Dave M]

In Melbourne there seems to be some sort of weekly price cycle.

It goes up on a Thursday evening (just in time for the weekend?) and then it goes back down by the same amount a few days later.

Haven't fathomed out why yet. It's currently around $1.20 a litre.