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Author Topic: Petrol prices ... yes petrol  (Read 2505 times)

crumbly65

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Petrol prices ... yes petrol
« Reply #15 on: June 11, 2022, 04:23:21 PM »

^^ A good politician never lets the facts get in the way of his argument.

^^^ And neither does a bad one.........
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Smokey 11a

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Petrol prices ... yes petrol
« Reply #16 on: June 11, 2022, 04:31:39 PM »

One minor flaw in Mr Farage's story is that the UK is not short of refined petrol. The UK is actually exporting 3 million litres a month to the USA at the moment, more goes elsewhere. In 2020 for example we exported 24m Tonnes of petroleum products to Holland. Another slight flaw in his tale is that UK refining capacity has been static since 2015, actually increased slightly in 2020.

A point to remember is that oil products are traded in US $.  Related to Mr Farage, an event happened in Jun 2016 that saw the GB £ drop from around £1 = $1.45 to $1.33. It has never reached $1.45 since. Today its at $1.25.  A barrel of Brent Crude today is at $1.22 so roughly £100. Were the GB £ still at its 2016 value that oil would be only £84. Perhaps ask Mr Farage what happened on 23rd Jun 2016 to so depress the value of our currency ?

The cost of diesel (Not petrol) is cheaper retail than the cost of petrol so why is it a lot more for a litre of diesel at the pump? Been out of the fuel supply game for quite a while now
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Smokey 11a

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Petrol prices ... yes petrol
« Reply #17 on: June 11, 2022, 04:31:46 PM »

One minor flaw in Mr Farage's story is that the UK is not short of refined petrol. The UK is actually exporting 3 million litres a month to the USA at the moment, more goes elsewhere. In 2020 for example we exported 24m Tonnes of petroleum products to Holland. Another slight flaw in his tale is that UK refining capacity has been static since 2015, actually increased slightly in 2020.

A point to remember is that oil products are traded in US $.  Related to Mr Farage, an event happened in Jun 2016 that saw the GB £ drop from around £1 = $1.45 to $1.33. It has never reached $1.45 since. Today its at $1.25.  A barrel of Brent Crude today is at $1.22 so roughly £100. Were the GB £ still at its 2016 value that oil would be only £84. Perhaps ask Mr Farage what happened on 23rd Jun 2016 to so depress the value of our currency ?

The cost of diesel (Not petrol) is cheaper retail than the cost of petrol so why is it a lot more for a litre of diesel at the pump? Been out of the fuel supply game for quite a while now
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Genem

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Petrol prices ... yes petrol
« Reply #18 on: June 11, 2022, 05:40:59 PM »

Noted that Diesel was actually cheaper than Petrol at Tesco's pumps in Stirling today, highly unusual. I'm told were were importing cheap diesel from Russia until the recent unpleasantness. Also noticed that Sainsburys prices were fully 18p a litre cheaper than the "Independent" garage at Doune (Notoriously always expensive.) Both will be supplying fuel from Grangemouth I suppose ? 
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LN11AAB498A

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Petrol prices ... yes petrol
« Reply #19 on: June 11, 2022, 10:23:10 PM »

Yesterday at the Moto Services Wetherby, I bought diesel at £2.04.9 per litre.

Ah, those halcyon days when petrol was 30p a gallon.  And I bet we were complaining about that to
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Correus

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Petrol prices ... yes petrol
« Reply #20 on: June 12, 2022, 12:07:51 AM »

One minor flaw in Mr Farage's story is that the UK is not short of refined petrol. The UK is actually exporting 3 million litres a month to the USA at the moment, more goes elsewhere. In 2020 for example we exported 24m Tonnes of petroleum products to Holland. Another slight flaw in his tale is that UK refining capacity has been static since 2015, actually increased slightly in 2020.

A point to remember is that oil products are traded in US $.  Related to Mr Farage, an event happened in Jun 2016 that saw the GB £ drop from around £1 = $1.45 to $1.33. It has never reached $1.45 since. Today its at $1.25.  A barrel of Brent Crude today is at $1.22 so roughly £100. Were the GB £ still at its 2016 value that oil would be only £84. Perhaps ask Mr Farage what happened on 23rd Jun 2016 to so depress the value of our currency ?

This is a rather touchy subject here in the States, especially when one considers that the current regime is releasing 180 million barrels of oil from our Strategic Petroleum Reserve AND shipping it to Europe.
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Correus

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Petrol prices ... yes petrol
« Reply #21 on: June 12, 2022, 12:10:13 AM »

There was a news story today, here in Kansas,that it is costing, on average $123/£100 to fill the average tank in the UK.  IIRC the said 14 gallons was tge average.
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Bradley66

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Petrol prices ... yes petrol
« Reply #22 on: June 12, 2022, 06:54:16 AM »

There was a news story today, here in Kansas,that it is costing, on average $123/£100 to fill the average tank in the UK.  IIRC the said 14 gallons was tge average.

I have 65 litre tank in my daily car , that`s a bit over 14 gallons . I topped it up yesterday from 1/2 a tank to full and it cost me £68.
I have stopped looking at the price now because I need it for work. No petrol = no work = no money.
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Neil Bymouth

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Petrol prices ... yes petrol
« Reply #23 on: June 12, 2022, 07:11:41 AM »

I can remember when putting in £10 worth of petrol used to go a long way.
That's the right attitude Bradley66. Just fill-up and grin and bear it. There are more important things to worry about.
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Genem

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Petrol prices ... yes petrol
« Reply #24 on: June 12, 2022, 10:38:50 AM »

There was a news story today, here in Kansas,that it is costing, on average $123/£100 to fill the average tank in the UK.  IIRC the said 14 gallons was tge average.

Yep, we filled my wife's VW Passat yesterday with the cheapest supermarket diesel we could see. Final bill was £122 or US $155.   
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diffwhine

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Petrol prices ... yes petrol
« Reply #25 on: June 12, 2022, 10:45:45 AM »

Must confess to having stopped "filling up" now. With a Discovery 3, I start to get palpitations when I get near £90 and that's only about  half full...

Anybody want a Discovery 3 because it, along with hundreds (if not thousands) of other similar vehicles, are probably coming on the market very soon and very cheap!

If this is a deliberate effort to force people out of big vehicles, it seems like a very convoluted method, but seems to be working.
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Correus

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Petrol prices ... yes petrol
« Reply #26 on: June 12, 2022, 02:17:16 PM »

Must confess to having stopped "filling up" now. With a Discovery 3, I start to get palpitations when I get near £90 and that's only about  half full...

Anybody want a Discovery 3 because it, along with hundreds (if not thousands) of other similar vehicles, are probably coming on the market very soon and very cheap!

If this is a deliberate effort to force people out of big vehicles, it seems like a very convoluted method, but seems to be working.

You'd get a premium price for your vehicles here in the States probably.  Used vehicles are getting just as much, if not more (in some cases), than new vehicles here.
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Grandadrob

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Petrol prices ... yes petrol
« Reply #27 on: June 12, 2022, 05:04:09 PM »

I’ve waited 73 years to get a RR SDV8, going to enjoy it whatever, one kidney is enough anyway  :stars
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rustynuts

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Petrol prices ... yes petrol
« Reply #28 on: June 12, 2022, 06:58:22 PM »

I read that webuyanycar.com has recently had a record number of enquiries from people wanting to get rid of SUVs and large engine vehicles. Perhaps a good time to pick up a bargain if you only do a few miles.
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Grandadrob

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« Reply #29 on: June 12, 2022, 07:04:13 PM »

My 4.4 does more mpg than my last two cars. 3.0 straight six petrol Volvo 965 estate, 25 mpg.
Discovery 3 2.7 TDV6 diesel 28 mpg. The RR SDV8 diesel does 30 mpg. All measured in similar scenarios.
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