fuel up 34% in two years

180 quid to fill my truck today. Horrendous

Out of the 10,000 HGV units we have at the Royal Mail  1200 are bio gas the savings over diesel before this avoidable crisis was massive. The units cost about £20,000 more than a diesel but we regain our money back within 2 years.

It’ll come back down and the reason for it

No one is kicking off, their either just paying it or driving off without paying

They ain’t reacting to this and their getting worried and the reports in the media are it’s dropping back down already... they can’t get it kicked off nationally

Can imagine the interest in electric vehicles has spiked in the last couple of weeks. People looking at their wallets making them question their tethers to fossil fuels.

Electric vehicals are too expensive

Whilst out I heard on the radio (as YHTL referred to) that the prices have now peaked (FYI)

Coming down though Donny. And it's like mac's point above. It's all about offsetting one cost against another.

They should come down, and be much cheaper.

Electricity prices shooting up,.. What's it going
to cost to charge up?

We talked about hydrogen cars at school
in the 60s,...where are they?

Can imagine the interest in electric vehicles has spiked in the last couple of weeks. People looking at their wallets making them question their tethers to fossil fuels

It all depends on how much fuel you use. You would need to do a very high mileage to make it financially worthwhile and then you would be more concerned about range and recharging time. If you are an average or low mileage user, the price would need to go up a lot more than this. In my case, I use about 6oo litres a year. The price would need to go up to 10 times what it is now to make me even think about it let alone actually do it. The only incentive at present is the wish to be seen as virtuous and many people actually do buy cars for show and will pay over the odds for a badge. I refer you to the Italian cars thread.

Sticking prices up despite crude falls




Diesel prices in the UK rose by an average of more than 2p in a day as Russia's invasion of Ukraine continues to affect global oil costs.

The fuel jumped to a record £1.76 per litre on Tuesday, up from almost £1.74 on Monday.

Petrol prices, which have also increased to record highs, rose to almost £1.65p a litre from about £1.64.

Theres always a time delay.

Since last Wednesday, the average price for a litre of petrol has fallen by 3.71p to 163.30p per litre, while diesel has fallen 2.79p to 177.11p.

RAC spokesman Rod Dennis said: "Unfortunately, wholesale fuel prices were already rising before the chancellor made his announcement on fuel duty last week.

"This meant retailers were buying fuel in at a higher cost than they were a week earlier, which meant drivers may not have immediately and fully benefitted from the duty cut.

"Wholesale prices are currently falling, but it's likely to be next week before we see what impact this has at the pumps."



Paid 158.7 on sunday

Crude back under 100 dollars a barrel.

£1.62 unleaded

£1.77 diesel

cOME AND GET YER diesel

Back up to 103 dollars today.

Maybe a windfall tax on crude oil traders
would solve a few problemos

UK diesel prices rose to a record of just over £1.80 a litre as efforts to stop importing fuel from Russia pushed up costs for retailers, the RAC said.

After the previous record of £1.79 was set in March following the Russian invasion of Ukraine, prices dipped but have risen again in recent weeks.

The RAC said petrol prices went up by nearly 3p a litre since the start of May and were £1.66 a litre on average.

I remember the words of Winston Churchill, as he strolled through the rubble created by the German bombs.

''We can take it''

Nothing to do with Climate Change and getting people to switch to Electric is it ?

notice BP petrol stations have new electric charges points coming into use - about 10 per station

more than petrol pumps

And agree with Money  ,Why no protests  , Charlie Thunbergs mob do plenty of protesting

Wonder if there has been an Increase in Fill and run crime ? Not that you will hear about it .

May 16, 2022 -- 3:46PM, xmoneyx wrote:

notice BP petrol stations have new electric charges points coming into use - about 10 per stationmore than petrol pumps

Yes, going to have to consider an electric car when I have to change our current petrol one.

Petrol cars are much better value.
You get a lot more car for your money.

More convenient too.

Do Mercedes and BMW build electric cars as well as petrol ones?

https://www.parkers.co.uk/electric-cars/best-cheap-electric-cars/

10. honda -e

https://www.autocar.co.uk/car-news/best-cars/top-10-best-luxury-electric-cars
.

Was looking at these. Some of them don't look anything like the perception of the brand.

Walter gets a free car from the govt
Why?
What a scrounger

Renault reveals electric-hydrogen hybrid concept car, says it will have range of up to 497 miles
PUBLISHED FRI, MAY 20 2022

Anmar Frangoul

The design for Renault’s Scenic Vision incorporates a hydrogen engine, electric motor, battery, fuel cell and a hydrogen tank.
The 2.5 kilogram tank is located at the vehicle’s front. Renault says it will take around five minutes to fill.
French carmaker says the Scenic Vision’s 40 kilowatt hour battery is recyclable and will be produced at a facility in France by 2024.

Electric cars are not anywhere near
a buy for me, for value or range.

Maybe if petrol keeps going up in price
and they improve battery technology.

Can't see it for another 10-15 years at least.

It's amazing that hydrogen gets so little
development. I've long hoped it would be the future.

Me old chemistry teacher reckoned it would never
happen...

May 16, 2022 -- 4:34PM, Stickywickets wrote:

Walter gets a free car from the govtWhy?What a scrounger

Straight up you mean polygraph? If there's a bigger hypocrite on planet Earth I'll eat straw with a donkey.

A free car? No idea what he is on about.

Fuel prices to hit £2 a litre in 2022

Yes 1.3
No 3.7

Smeerkats

82p a litre to richy Sunak in tax!

£1.73 for petrol.

Not going away any time soon either,'Taoiseach warns of new era of high energy prices'RTE.

Read today wholesale petrol is higher than diesel but retailers putting the higher margin on diesel

Hungary wins exemption in EU Russian oil embargo

Not a fan of Orban at all,still the EU went 'democratic'

Are we starting to see the pound sterling come under serious pressure? (source The Telegraph,'Pound faces existential crisis')

Easy to see the reasoning behind the warning there, it is happening and will not take much for a fairly large slide (imo)

Not good in relation to buying fuel.

The tories have turned pound to emerging market status
according to commentators in usa.

Bank rates will continue to rise whilst tory taxes
continue to drain consumer spending, with a little
given back in refunds.

Sooner they are gone the better

more pain for the poor
Yves LaRock - Rise Up

PrepayPower   
electricity prices rise 10% from next month.
gas prices rise  by 20%.

Greta

Times done a comparasion between 1952 and todays prices
Fuel 1952 £6.50
Today £7.40 gallon

Average salary has gone up from £285 to£600 p week

The retail price of petrol is 4s. 2¾d. per gallon at Glasgow and 4s. 4¼d. at Kyle of Lochalsh and Stornoway.

From hansard 1952...... 21.5p a gallon.

Average wage was 452 quid a year.

A pint of beer cost 9p in 1952, rising to £4.08 on average now.

In 1952, a pint of milk cost 4p. Today it's 69p.

How can the green lovies moan about the price of petrol ffs
Creaming over Greta and her mob for the climate change hoax

Meanwhile...EU to exempt private and corporate jets from green aviation fuel tax & yachts

The price of petrol surged by nearly 5p a litre in the week that included the bank holiday break, the RAC says, and could soon hit 180p a litre.

The motoring body said the average cost of a litre of petrol had hit a "frightening" 177.88p by Sunday.

All caused by the climate change hoax - FACT

Oceania bubbled with rage a mile wide and a millimeter deep and could forget in an instant passions that may have consumed him or her for years.
A "pandemic" that had the country steaming with indignation until it was quietly declared over the moment Putin rolled over Ukraine’s borders.
We switched from “the pandemic of the unvaccinated” to “Putin’s price hikes” in a snap.
National outrage moved a few lobes over with zero fuss, and now we hate new people; instead of “anti-vax Barbie,” we’re barring Russian and Belarussian kids from the Paralympics.

It appeared that there had even been demonstrations to thank Big Brother for raising the chocolate ration to twenty grams a week.
And only yesterday,it had been announced that the ration was to be reduced to twenty grams a week.
Was it possible that they could swallow that, after only twenty-four hours? -yes
Only the beginning

178.5

Jun 7, 2022 -- 9:36AM, ----you-have-to-laugh--- wrote:

178.5

GOOD, I hope it goes to £10

Sorry that's 162 shillings a gallon

Soaring fuel prices have put the haulage industry in crisis with the cost of running one lorry up £20,000 on last year, a freight boss has said.

Lesley O'Brien, director of Freight Link Europe, said hauliers should get a fuel tax rebate so they could pass the savings on to customers.

It comes after the RAC warned the price of petrol could soon hit 180p a litre and diesel 190p.

The motoring group called for "radical government intervention urgently".

Latest figures from the RAC show the average cost of a litre of petrol rose from 177.88p on Sunday to 178.50p on Monday - a rise of 0.6p in 24 hours.

Over the same period, the average diesel price rose from 185.01p to 185.20p.

GOOD, only through pain will people wake up to this green ****g tripe that is crippling the world

Rich and powerful individuals who transport themselves on private jets, helicopters, private boats and 4x4 cars lecture the masses on climate change can FCUK OFF

And people like Donny STILL can't see what they are trying to do

182.3

https://twitter.com/GreinerParis/status/1534871561504800775?s=19

..


Wake up, he says.

^ That is v good,the £96 a barrel now and £109 a barrel in 2008 with petrol being just £1.19 a litre!!!!!!!

In 2008 a £1=$1.85 today £1=$1.23

It's not very good.

Obviously all the other costs are subject to inflation.

I totally support a reduction of the crippling tax on fuel, however they are incredibly reluctant to do that due to the green nuts, and the treasury wants the cash coming in.

It is good that it is being pointed out that high petrol prices are helping the govt and screwing the consumer.

I tend to agree the govt wants high petrol prices though i gave my reason why they aren't as dramatic as that twitter post.

How has the £ fallen so much against the dollar?

We know it is getting bandyied about as an emerging country currency due to the politics.

That is due to usd being the world reserve currency [for now]. It's not isolated to sterling. The dollar always strengthens when the global economy is doing badly.

I don't know the veracity of it but one of the pundits on Bloomberg said the pump price has doubled there.

You could repeat it a million times but this is the fallout of shutting down the economies with crazy lockdown policies. It's no good people crying now as most of them backed it.

A lot of factors Cider,tis an awful time for many and no end to it.

Personally I feel like it is incredibly exaggerated, lapsy. Maybe due to my age, but I've lived through periods of inflation. Everything is a crisis nowadays.

As I alluded to on the housing thread, so many entitled people. It's not about to change.

Going to muller many businesses, Brother has a shop and has got out and running that down,electric bills the main reason.
I do see things in the food shop going up not once but 2/3 in weeks,you can only eat so much and i do think that part is a bit exaggerated. Anyone travelling to work in a car will feel it. It is summer and gas/electric bills in a cold winter will hit.
I do think it will hit many.

It will hit yes, some prices go down as well. People need to adapt if they are poor. Do you recall when we did the Ocado challenge, we could do it again

Their share price? You did 8/10 there , they have dropped a lot.

I do like the company,still get deliveries as can't be aresed to go around supermarkets except for stuff not in there.

If they couldn't make a profit during the pandemic, when will they? They have a great product but the funds from selling the systems and processes to other retailers have not yet materalised to the bottom line.

It's all about boring companies that make a sustainable profit and pay a dividend for the foreseaable future.

Pound has lost another 1.3% v dollar today
so petrol up on Monday again, most likely

Petrol prices hit a record 185p per litre on Sunday,

£ to $ a sharp fall again today,down to £1.21

Ftse down 1.75%
Pound down 1.4%

Prem Sikka


In the Lords I just asked the Minister to investigate profiteering on fuel & impose price controls
Profits by refiners of petrol up by 366%, 648% for diesel.
Minister developed amnesia, claimed not to be aware of profiteering; will not consider price controls to protect people.

Pound weakens again against the dollar,are the traders not being impressed with a liar,law breaking,UKIP,BNP,National Front type of government?

You know I like you lapsy. The smoke signals are the fed will hike 75 basis points tomorrow. It's as simple as that. They don't even have to do it, the market makers expecting it is enough to get cash flooding into usd.

Said it before Cider,going down a dangerous path,accountability out the window and up to the House of Lords

USA threatening to lift interest rates 3/4% this week,
boe likely raise by less, but Sunak still shafted
as he didn't hedge when rates were super low.

Criticism of politicians is one thing but the exchange rate movement is everything to do with the demise of the US economy, and out of our hands (and those of any other country, the US enjoys the luxury of being the reserve currency, for now).

Of course, the lamentable BoE will be in somewhat of a bind, if the Fed does go 75, they really ought to mirror it.

The average petrol price is now 186.59p per litre, with diesel at 192.48p

Makes one even more happy with wfh.

188.7 unleaded... (£8.58 per gallon)
196.1 diesel

Martin lewis



Oh Sh1t!

Just got latest @CornwallInsight price cap predictions. Wholesale prices spiked heavily last week, so they're up a lot

Today's price cap: At typical use = £1,971/yr
Prediction Oct - Dec: UP 51% (£2,980/yr typical use)
Prediction Jan - Mar: UP 1% (£3,000/yr typical use)

What does that Lewis tweet mean yhtl

189.3

Diesel was 1.45 10 years ago.. 35% increase over 10 years isn't so bad.

Diesel was 1.12 in June 2020.

8 good years, then  2 bad ...seems OK to me on balance.

If you wish to live in the past, fair enough.

Lol, guessy Johnny, got a time machine
to fill his de lorean

Did Biden go to Opec to ask for an Increase in Production ?

191.05 unleaded.... Should fall, according to RAC
198.94 diesel

In June 2020, fuel prices..

Petrol 107
Diesel 112

Today...

Petrol 191
Diesel 198

The situation is out of control. The chancellor needs to act asap and cut fuel duty dramatically.

31.8p vat per litre now, at £1.91

17.8 vat per litre at £1.07





Chancellor clearly has huge scope for cut here...

1.914 unleaded
1.9905 diesel