Fuel prices

[Avatar]

I knew we were in for being fleeced big time as soon as the price of diesel went over the �1.
Sure enough within the space of, what, a month or so since then, Ive now seen it at 1.16 a litre.
Evert time I drive past a garage it seems to have gone up 2p. How can this be justified? Have barrel prices gone up so qiuckly to justify this?
I doubt it very much, purely the fact that now 'they' dont have the �1 barrier they can let rip and whack the prices up as they fancy.
No wonder the country is teetering on the brink of a recession when cr4p like this allowed to happen.
As a footnote, whats that website where you can check for the cheapest fuel prices near you?

[sp1214]

Well now we are paying for linking the � to the deflating $

[brionon]

andrea81
Wed 02/04/08
10:24 Me and hubby travel quite a lot for work and the fuel prices are creasing us!
Try busses or trains.

[jno]

if you think petrol - or anything - costs too much, don't buy it. It's not the Americans pushing the price up, it's the Chinese, who are industrialising their country at a great rate (as the west has long urged them to do) and are buying it all up. Plus it's not like rainwater, it doesn't just keep replenishing, it's running out.

As for recession, try a little test... take your clothes off and tell me what you see...

Any 'Made in Britain' tags on your clothes? Or are you buying cheap stuff from China? If so, you're driving the Chinese economic boom and stoking their need for oil. Do you think Brown should stop you?

[fagidill]

jno , spot on mate ! if it's not made in China on the label ,
it's made in India. It pi**es me off ,just about everything we ever invented ,is now owned by the above mentioned .
I remember "Thatcher" year's her slogan for want of a better word was BUY BRITISH at that time i was working for
yorkshire electricity board, customer's began to ask where product was made my usual answer Italy ie, candy, indesit.
9/10 went out of store with a product made in uk.


Regarding fuel prices the majority is tax to support our social system otherwise how on earth would shannon mathew's mother & the like's exist.
Knock the USA all you like some of you here on AB,
1 thing's 4 sure they aint as stupid as we are, If you dont work you get voucher's which is for food only not ciggy's or booze!!!

[jake-the-peg]

Maragret Thatcher motto was Buy British? whilst at the same time shutting down British collieries and importing huge amounts of foreign coal?

That'd be about right!

SP I don't follow your foreign exchange rate argument at all.

We're not pegged to the $ in fact we haven't had 2$ to the pound for a long time.

Having the pound so strong against the dollar makes oil much cheaper than it would otherwise be but I think jno's right about the rapidly advancing nations pushing up the demand - and that's a one way street!

[andrea81]

brionon

You know nothing about my type of work, I am a development officer and would find it very difficult covering a 100 mile radius using train or bus when I'm travelling door to door! And on time limit (or do you suggest I'm late delivering a service)!

Such an ignorant comment!

[sp1214]

If the � is weak against other currencies, which it is, we have to buy goods abroad by exchanging our weak currency into other currencies in order to buy them. If Saudi Arabia thinks the dollar is too weak, which it is, they will charge more for their oil.

So we have been hit by a double whammy. It was even suggested that the Euro replaced the dollar as a means of exchange. And we forgot to catch the bus!

[jake-the-peg]

That rather depends on whether you are an importer or an exporter.

For example I work for an American company. Effectively I export my services.

They have to buy stirling to pay my salary, if we'd joined the Euro or if the pound were that much stronger, I'd be even more expensive to them and could find myself out of a job!

All of that is academic anyway, as Ken Clarke pointed out the other day on the radio., the British public has been somehow convinced by the red tops that the pound is somehow linked with British Nationhood and there's little prospect that that will now change and we'll join the Euro for a generation

[Myriad2112]

Sorry to jump into your thread but why exactly did diesel overtake petrol in cost or was it yet another way of fleecing money out of people?

[Avatar]

Myriad
Good point!
I'm afraid that was my fault though. I had petrol cars for years, then I went diesel. As soon as I did, diesel became more expensive than petrol.
This thread must have gone to my head, last night I dreamt I found diesel at 1.09 a litre and was deliriously happy.