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By (user no longer on site) OP
over a year ago
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I was amazed at the disparity in prices in my area
Diesel at Shell was the most expensive at £1.97.09 per litre
The cheapest I have seen is Tesco at £1.64.09
How can Shell justify this kind of price ? Considering they are one if the biggest producers and just declared record profits
This is a take off of the Merseyside area
So would be interested to hear of prices across the county |
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By (user no longer on site)
over a year ago
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Hmm up here in Scotland it is about the same think Morrisons was up at £1:70 for a bit
To answer your question because Shell can do it and maybe theres something behind the scenes maybe there trying to get tax breaks or something. |
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By *ebbie69Couple
over a year ago
milton keynes |
Where I am, the gap between petrol and diesel has widened. It was around 5p ish a litre difference before these rises. Then on Thursday diesel was 175 and petrol 156. I thought maybe they were in the process of changing the prices but it was the same yesterday as well |
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"I was amazed at the disparity in prices in my area
Diesel at Shell was the most expensive at £1.97.09 per litre
The cheapest I have seen is Tesco at £1.64.09
How can Shell justify this kind of price ? Considering they are one if the biggest producers and just declared record profits
This is a take off of the Merseyside area
So would be interested to hear of prices across the county "
The Shell station could easily be a franchise, not all of them are Shell owned. With the franchise they can set their own prices and will obviously have to cover the costs of buying the fuel in the first place |
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By (user no longer on site)
over a year ago
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"Shell are evil
Just look at their record in Nigeria and the thuggery involved in Rossport, Ireland to name but two cases. "
Indeed but hasn’t every company been involved in thuggery in Ireland at this point? |
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By *rFunBoyMan
over a year ago
Longridge |
"I was amazed at the disparity in prices in my area
Diesel at Shell was the most expensive at £1.97.09 per litre
The cheapest I have seen is Tesco at £1.64.09
How can Shell justify this kind of price ? Considering they are one if the biggest producers and just declared record profits
This is a take off of the Merseyside area
So would be interested to hear of prices across the county "
Dock workers refused to unload a few million barrels of a bulk ship last week for Shell.
I get the not not buying Russian oil, but at the price they paid for, they could of done better PR and used it, even if they made a donation of the sale to Ukraine via the Red Cross..
Might have helped the price..
I tanker of oil ain't stopping him.
£1.54 here unleaded, keeping car topped up and filling cans.
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By (user no longer on site)
over a year ago
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Similar here in s York's sainsburys made me laugh had no fuel for 2 days but every day there prices went up.not sure if it's me or they are making massive profits local transport company selling fuel to there customers 1.30 ltr and was making on that are last delivery was 1.27 a ltr last week but we do get 50000 ltr plus |
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By *ovebjsMan
over a year ago
Bristol |
"was told by a mate that works for big company that fuel price goes by the area,if its a depressed area cheaper price."
It would seem so as I get mine from Asda but other Asdas have been dearer on the same day |
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"was told by a mate that works for big company that fuel price goes by the area,if its a depressed area cheaper price."
Area, density of fuel stations, competition in the area and distance between stations.
But that's just commercialisation and competition. |
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By (user no longer on site)
over a year ago
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"Tesco express Cheltenham. Friday. Diesel £162.9. Tesco express Worcester £176.9
Same company....same fuel....go figure!!"
Capitalism in action. Does anyone actually think pricing is ‘fair’?
There are algorithms in place to
Maximise returns. Wealthier areas will most likely be gouged a little
Kore unless there is fierce competition. |
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By *JB1954Man
over a year ago
Reading |
I worked at a refinery in south of england. Installing machinery. It takes about say 24hrs from oil delivery to being refined to petrol / diesel and then put into storage tanks. Which are huge. Yet if the price of oil per barrel goes up on a day. Fuel goes up same day . My point is oil is paid for before delivery . So how can pump prices go up same day as barrel prices ? |
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"I worked at a refinery in south of england. Installing machinery. It takes about say 24hrs from oil delivery to being refined to petrol / diesel and then put into storage tanks. Which are huge. Yet if the price of oil per barrel goes up on a day. Fuel goes up same day . My point is oil is paid for before delivery . So how can pump prices go up same day as barrel prices ? "
It shouldn't. Forecourt price should reflect purchased price. |
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By (user no longer on site)
over a year ago
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"….My point is oil is paid for before delivery . So how can pump prices go up same day as barrel prices ? "
Because it ‘can’ and there’s no regulatory control to prevent it. The consumer has little alternative and the mechanism makes shareholders and the govt richer so little will to change (by those who have the power to change it). |
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By *eroy1000Man
over a year ago
milton keynes |
"I worked at a refinery in south of england. Installing machinery. It takes about say 24hrs from oil delivery to being refined to petrol / diesel and then put into storage tanks. Which are huge. Yet if the price of oil per barrel goes up on a day. Fuel goes up same day . My point is oil is paid for before delivery . So how can pump prices go up same day as barrel prices ? "
It's a shame that at time's of falling oil prices they are not as quick to drop the prices at the pumps. Never seen even a hint from this or any other government to sort this out. May be because they make lots of extra money from it |
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By *ucianpoundCouple
over a year ago
Cap d’Agde, France |
Paid 2.01 euros ((£1.68) in S. of France yesterday for diesel.
2 weeks ago it was 1.65 euros (£1.39) at the pumps.
Good for the govt.s since it gives increased VAT revenue.
Probably why the price of the barrel is not always reflected in the pump price. |
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On the West Side of Durham City diesel is £1.80 a, litre (shell garage) and on the east side, its £1.64 a litre(esso and BP) I know, where I will be going. That shell garage has put prices up eight times on eight consecutive days. |
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By (user no longer on site)
over a year ago
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Here (in France) most garages are now over 2€ per litre. It went past that magic number within one week!
The French government has promised to reduce taxes on Petrol and Diesel (at the pumps) from April for a minimum of 4 months by 13cents per litre (or at 2€ per litre, 6.5%) to help out.
Anything is better than nothing as I can only see these prices rising still further. |
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The widening gap between petrol and diesel, is the UK is self sufficient in petrol refining capacity and is a net exporter, where as we don't have enough diesel refining capacity so have to import from Russia/Middle East |
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By *rFunBoyMan
over a year ago
Longridge |
"The widening gap between petrol and diesel, is the UK is self sufficient in petrol refining capacity and is a net exporter, where as we don't have enough diesel refining capacity so have to import from Russia/Middle East "
18% diesel from Russia.. no small dent. |
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By (user no longer on site)
over a year ago
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So you pay 57.95p per litre fuel duty. Then you pay 20% vat on top.
I put £84 diesel in my car today and calculated the fuel was only £40 and £44 was duty and vat. |
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By *oo hotCouple
over a year ago
North West |
It’s not just going to be about vehicle fuel prices is it…
It seems pretty clear to me that the increase in domestic fuel prices that will happen twice this year will mean that millions will simply not be able to afford to hear their homes.
I am surprised at how dismissive some people are to this impending crisis. I mean what will people do? Domestic energy bills will not be affordable - so what happens??
Millions disconnected? Millions sued for non-payment? |
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By (user no longer on site)
over a year ago
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"It’s not just going to be about vehicle fuel prices is it…
….. - so what happens??
Millions disconnected? Millions sued for non-payment?"
Transport costs are a vital element of many people’s ability to earn income to pay for their heating and other fuel needs. So whilst it may not be the biggest impact in the long term - as we exit winter and need heating less the immediate jump in transport fuel will impact more. It also happens to be the topic of the thread. |
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By (user no longer on site)
over a year ago
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Looking at RAC website - today’s “average” seems to be 170p a L for the dirty stuff.
Adjusted for inflation does this actually exceed the 146p when it peaked previously in 2011? |
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"Looking at RAC website - today’s “average” seems to be 170p a L for the dirty stuff.
Adjusted for inflation does this actually exceed the 146p when it peaked previously in 2011?"
Not quite. Inflation of 2.6% would put 2011s peak at £1.89 in todays money |
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By (user no longer on site)
over a year ago
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"Looking at RAC website - today’s “average” seems to be 170p a L for the dirty stuff.
Adjusted for inflation does this actually exceed the 146p when it peaked previously in 2011?
Not quite. Inflation of 2.6% would put 2011s peak at £1.89 in todays money "
Good old BoE I/calc  |
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"Looking at RAC website - today’s “average” seems to be 170p a L for the dirty stuff.
Adjusted for inflation does this actually exceed the 146p when it peaked previously in 2011?
Not quite. Inflation of 2.6% would put 2011s peak at £1.89 in todays money
Good old BoE I/calc "
Yep, I can't take any credit lol |
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By (user no longer on site)
over a year ago
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"The higher the cost of energy, the higher the tax windfall. Notice how no matter how much in taxes we pay nothing ever gets better?"
Nothing? I think that’s rather a stretch. Whilst everyone might not be in clover, we surreally have come a long way in the last 50 years? Was jot some of that enabled by taxes? |
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By (user no longer on site)
over a year ago
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"Looking at RAC website - today’s “average” seems to be 170p a L for the dirty stuff.
Adjusted for inflation does this actually exceed the 146p when it peaked previously in 2011?"
An expert on the radio was also saying that since the 2008 crisis, the pound has fallen against the dollar from the 1.80s to the 1.30s. Since the barrels are traded in dollars we are affected even more. |
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On the other side of the coin, back in 2011 a barrel of oil in the North Sea was about $75 to produce. That's exploration, drilling, completion and production costs. With downturns, cost cutting and other reductions it's now it's under $45 a barrel. |
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By (user no longer on site)
over a year ago
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"Looking at RAC website - today’s “average” seems to be 170p a L for the dirty stuff.
Adjusted for inflation does this actually exceed the 146p when it peaked previously in 2011?
An expert on the radio was also saying that since the 2008 crisis, the pound has fallen against the dollar from the 1.80s to the 1.30s. Since the barrels are traded in dollars we are affected even more."
Great point! Yes that’s a oft forgotten aspect of this. The relative weakness of the UK economy impacting our currency and buying power. |
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