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Chat Area => General Discussion Area => Topic started by: Field Marshal Dr. Opti on 14 June 2008, 21:00:50

Title: Rising Fuel prices Overnight
Post by: Field Marshal Dr. Opti on 14 June 2008, 21:00:50
Whats happening with petrol prices.

Yesterday my local BP on a main road was selling unleaded for 117.9 per litre.

Today its 123.9 6p extra. Has the oil price gone up enormously overnight, or is someone taking the piss, because of the tanker drivers strike?

No cars being served - not suprising

This petrol station was on a main road and there is usually a queue of cars to get petrol but not now, its like a ghost town.
Title: Re: Rising Fuel prices Overnight
Post by: maria on 14 June 2008, 21:02:47
There is a 4 day strike on over pay cuts
Title: Re: Rising Fuel prices Overnight
Post by: Debs. on 14 June 2008, 21:03:21
The Shell, tanker driver`s strike perhaps?...me thinks somebody is profiteering! :'(
Title: Re: Rising Fuel prices Overnight
Post by: Dazzler on 14 June 2008, 21:05:33
Quote
The Shell, tanker driver`s strike perhaps?...me thinks somebody is profiteering! :'(
Taking the piss more like >:( >:( >:(
Title: Re: Rising Fuel prices Overnight
Post by: Richie London on 14 June 2008, 21:06:44
gone up 4p in 3 days here >:(
Title: Re: Rising Fuel prices Overnight
Post by: Field Marshal Dr. Opti on 14 June 2008, 21:10:26
 yes, but 6p overnight.
Title: Re: Rising Fuel prices Overnight
Post by: Growler on 14 June 2008, 21:11:44
filled up at the motorway services today, a lady came in as i was using the ATM and had a really good rant at the two lads working behind the counter, she says as she comes into the shop "I have only put £10 in as it's daylight robbery here" with that she stomps back out, leaving the two poor souls bemused, thing is she was right!!
Title: Re: Rising Fuel prices Overnight
Post by: Field Marshal Dr. Opti on 14 June 2008, 21:26:47
I read today that we are to expect petrol to be 150 alitre by Christmas.
Title: Re: Rising Fuel prices Overnight
Post by: Omegaani on 14 June 2008, 21:28:11
Quote
...she says as she comes into the shop "I have only put £10 in as it's daylight robbery here" with that she stomps back out, leaving the two poor souls bemused, thing is she was right!!

This is actually a good example of why "profiteering" (i.e. letting the normal rules of supply and demand apply) is good when commodities are in short supply.

She obviously only needed to buy £10 worth at that time, and the steep price caused her to buy only as much as she needed. The next guy in might really need more fuel and there will be fuel available to him. Those who really need will pay, those who don't won't.

Other than emergency provisions at the height of a crisis, it is best to let the market sort things out. You can, of course, let the state fix the prices of things to avoid the "profiteerers". To see the full benefit of that approach visit Venezuala or Zimbabwe.
Title: Re: Rising Fuel prices Overnight
Post by: amigov6 on 14 June 2008, 21:35:32
Prices vary wildly at the moment. I thought the larger bulk buyers would be cheaper than the smaller independents & as a rule they are but Bluestone Service stn. in Immingham not only beats the other locals hands down but is 1p cheaper than Morrisons.
    Not much i know but it makes you wonder who's on the bandwagon. ::)
Title: Re: Rising Fuel prices Overnight
Post by: bertiecbx550 on 14 June 2008, 21:42:35
we have had long q`s all day at the sainsburys garage in telford and they are starting to run dry we have even had a fight on there earlier when a kid tried to jump the q...sad state of affairs....
Title: Re: Rising Fuel prices Overnight
Post by: Jay w on 14 June 2008, 21:46:33
in Bristol diesel is 1.41 per litre......

Now that's taking the p*** >:(
Title: Re: Rising Fuel prices Overnight
Post by: Taxi_Driver on 14 June 2008, 21:49:15
Garages in Swindon are running out.....local Shell i use for lpg....had no lpg.....no diesel....no normal unleaded.....i decided to bung in £20 of V power to keep me going......i was v low on lpg.

Got a job about 1/2 hr later to Cirencester and filled up with lpg there (BP) they didnt have diesel either......and the lpg was 62ppl  >:(
Title: Re: Rising Fuel prices Overnight
Post by: Richie London on 14 June 2008, 21:50:22
anyone signed this  :y

http://www.dailyexpress.co.uk/fueltaxpetition/
Title: Re: Rising Fuel prices Overnight
Post by: TheBoy on 14 June 2008, 21:52:53
Quote
anyone signed this  :y

http://www.dailyexpress.co.uk/fueltaxpetition/
I think we've all signed various petitions. The response I got back from No 10 was 'the government have no say of the price paid at the pumps'. Useless effing fat useless fat useless fat tosser.
Title: Re: Rising Fuel prices Overnight
Post by: Richie London on 14 June 2008, 21:58:16
Quote
Quote
anyone signed this  :y

http://www.dailyexpress.co.uk/fueltaxpetition/
I think we've all signed various petitions. The response I got back from No 10 was 'the government have no say of the price paid at the pumps'. Useless effing fat useless fat useless fat tosser.

ive noticed hes a tad overweight too  ;D ;D
Title: Re: Rising Fuel prices Overnight
Post by: bertiecbx550 on 14 June 2008, 21:58:29
have dun so now.... >:(
Title: Re: Rising Fuel prices Overnight
Post by: amigov6 on 14 June 2008, 21:58:51
@ the bluestone s/s today, no pump rage but certain types were brimming their cars & filling placcy cans in the boot. Sad cases. It's the bank holiday food shop scenario, overshopping, why?
   I watched, laughed, listened to AC/DC, got to the pump, slung a score in, half a tank, sorted.
   Long time since my Eng Lit. Who wrote "Much ado about nothing"? ::)
Title: Re: Rising Fuel prices Overnight
Post by: Omegaani on 14 June 2008, 21:59:02
It seemed quiet enough around Derby this afternoon and I paid 113.9p for unleaded at Sainsburys. I didn't put a full tank in 'cos I don't need the car on a daily basis and other people do.

Hope you all find the fuel you need over the coming days.
Title: Re: Rising Fuel prices Overnight
Post by: Baron Von Spongebob on 14 June 2008, 22:53:47
Quote
Quote
anyone signed this  :y

http://www.dailyexpress.co.uk/fueltaxpetition/
I think we've all signed various petitions. The response I got back from No 10 was 'the government have no say of the price paid at the pumps'. Useless effing fat useless fat useless fat tosser.[/quote]

It take it you dont like him then or the government.. :D ;)
Title: Re: Rising Fuel prices Overnight
Post by: TheBoy on 14 June 2008, 22:56:06
Quote
Quote
Quote
anyone signed this  :y

http://www.dailyexpress.co.uk/fueltaxpetition/
I think we've all signed various petitions. The response I got back from No 10 was 'the government have no say of the price paid at the pumps'. Useless effing fat useless fat useless fat tosser.[/quote]

It take it you dont like him then or the government.. :D ;)
I've always had an issue with fatty brown.  He always was a bloody useless chancellor, and is no effing good at being a PM.  Only thing fatty is good at is being a useless effing fat useless fat idiot
Title: Re: Rising Fuel prices Overnight
Post by: Marie on 14 June 2008, 23:07:37
my dad lives in coventry and has said that they are starting to run short of fuel!

really anoys me as he needs the fuel to work if he cant get to a customers house then he dont get paid!

i really wish that when these people strike they think about the little man aswell as them selves.

and to top it all of school runs anoy me even more sorry but why does every mother( wel that what it looks like) have to drive just there child to school....why cant they car share!

rant over!
Title: Re: Rising Fuel prices Overnight
Post by: TheBoy on 14 June 2008, 23:15:09
Quote
my dad lives in coventry and has said that they are starting to run short of fuel!

really anoys me as he needs the fuel to work if he cant get to a customers house then he dont get paid!

i really wish that when these people strike they think about the little man aswell as them selves.

and to top it all of school runs anoy me even more sorry but why does every mother( wel that what it looks like) have to drive just there child to school....why cant they car share!
rant over!
Or rather walk  >:(
Title: Re: Rising Fuel prices Overnight
Post by: JamesV6CDX on 14 June 2008, 23:21:09
Quote
It seemed quiet enough around Derby this afternoon and I paid 113.9p for unleaded at Sainsburys. I didn't put a full tank in 'cos I don't need the car on a daily basis and other people do.

Hope you all find the fuel you need over the coming days.

If only everyone thought like that :y
Title: Re: Rising Fuel prices Overnight
Post by: Taxi_Driver on 14 June 2008, 23:27:58
Quote
Quote
my dad lives in coventry and has said that they are starting to run short of fuel!

really anoys me as he needs the fuel to work if he cant get to a customers house then he dont get paid!

i really wish that when these people strike they think about the little man aswell as them selves.

and to top it all of school runs anoy me even more sorry but why does every mother( wel that what it looks like) have to drive just there child to school....why cant they car share!
rant over!
Or rather walk  >:(

That annoys me too.......we have a contract with local council to take em to school......and im prolly sailing a bit close to the wind..but...it costs council tax payers thousands a week......annoys me that much......i refuse to do the jobs...the computer in my office has been set to never send me a school run........and some of them only go 1/2mile to a mile  >:(
Title: Re: Rising Fuel prices Overnight
Post by: Growler on 14 June 2008, 23:30:56
Quote
Quote
Quote
my dad lives in coventry and has said that they are starting to run short of fuel!

really anoys me as he needs the fuel to work if he cant get to a customers house then he dont get paid!

i really wish that when these people strike they think about the little man aswell as them selves.

and to top it all of school runs anoy me even more sorry but why does every mother( wel that what it looks like) have to drive just there child to school....why cant they car share!
rant over!
Or rather walk  >:(

That annoys me too.......we have a contract with local council to take em to school......and im prolly sailing a bit close to the wind..but...it costs council tax payers thousands a week......annoys me that much......i refuse to do the jobs...the computer in my office has been set to never send me a school run........and some of them only go 1/2mile to a mile  >:(
Good for you.
Title: Re: Rising Fuel prices Overnight
Post by: phil her up on 14 June 2008, 23:31:17
Quote
I watched, laughed, listened to AC/DC    ,
         Great choice of sounds, I hope you were playing "highway to hell"              
Title: Re: Rising Fuel prices Overnight
Post by: haj on 15 June 2008, 01:17:45
Various comments about petrol price/panic buying

http://news.bbc.co.uk/1/hi/uk/7453306.stm
Title: Re: Rising Fuel prices Overnight
Post by: waspy on 15 June 2008, 06:50:00
Quote
in Bristol diesel is 1.41 per litre......

Now that's taking the p*** >:(

I saw a Texaco near Liecester yesterday that was £136.9 & i thought that was bad, but £1.41 is exactly what you said & so much more. I just hope people don't pay it & find some where cheaper.
Where i live, there's no problems with panic buying.
On a slightly different point, what in the hell have the tanker drivers got moan about, £32,000+ a year when other Artic drivers only get half of that. Greedy bunch of arses  >:( >:(
Title: Re: Rising Fuel prices Overnight
Post by: TheBoy on 15 June 2008, 09:49:11
Quote
Quote
Quote
my dad lives in coventry and has said that they are starting to run short of fuel!

really anoys me as he needs the fuel to work if he cant get to a customers house then he dont get paid!

i really wish that when these people strike they think about the little man aswell as them selves.

and to top it all of school runs anoy me even more sorry but why does every mother( wel that what it looks like) have to drive just there child to school....why cant they car share!
rant over!
Or rather walk  >:(

That annoys me too.......we have a contract with local council to take em to school......and im prolly sailing a bit close to the wind..but...it costs council tax payers thousands a week......annoys me that much......i refuse to do the jobs...the computer in my office has been set to never send me a school run........and some of them only go 1/2mile to a mile  >:(
Like many others doing the same trip everyday, I get to reconise cars, and some do around 800yrds, drop off, turn round, go home.  ITS QUICKER TO WALK  >:(
Title: Re: Rising Fuel prices Overnight
Post by: Plomien on 15 June 2008, 12:15:31
I filled up the other day, makes me laugh that the max spend is £70 if you use the self service pumps rather than pay at the kiosk.
I think I shall be getting my bike out soon and use it to ride into work.
btw fill up in Swansea was 114.9 per litre at local Asda cheaper than the other petrol stations round here
Title: Re: Rising Fuel prices Overnight
Post by: willyboy on 15 June 2008, 12:21:02
I receieved an email from some buddy a while back, alot of talk etc about how get oil companies to lower prices, wont go in to all the blurb  But basically says


Do not buy fuel from  BP & ESSO  stations these are the main companies who control pricing , try to buy from you local Tesco/Asda/Morrisons etc etc or even a Shell station !!!

I do that now so if more did maybe cost of fuel will drop ! :-/

Plus the fuel tanker drivers I read somewhere have been on same wages for several years  so they have it good far ages anyway  ...
Title: Re: Rising Fuel prices Overnight
Post by: JonArgraig on 15 June 2008, 12:23:06


Quote
I receieved an email from some buddy a while back, alot of talk etc about how get oil companies to lower prices, wont go in to all the blurb  But basically says


Do not buy fuel from  BP & ESSO  stations these are the main companies who control pricing , try to buy from you local Tesco/Asda/Morrisons etc etc or even a Shell station !!!

I do that now so if more did maybe cost of fuel will drop ! :-/

Plus the fuel tanker drivers I read somewhere have been on same wages for several years  so they have it good far ages anyway  ...


Nice idea...

But where do you think Tesco/Asda/etc etc buy there fuel from...

Title: Re: Rising Fuel prices Overnight
Post by: Leomas on 15 June 2008, 15:52:03
Quote

Quote
I receieved an email from some buddy a while back, alot of talk etc about how get oil companies to lower prices, wont go in to all the blurb  But basically says


Do not buy fuel from  BP & ESSO  stations these are the main companies who control pricing , try to buy from you local Tesco/Asda/Morrisons etc etc or even a Shell station !!!

I do that now so if more did maybe cost of fuel will drop ! :-/

Plus the fuel tanker drivers I read somewhere have been on same wages for several years  so they have it good far ages anyway  ...


Nice idea...

But where do you think Tesco/Asda/etc etc buy there fuel from...


Most of the suprmarkets actually buy the stuff ready refined on the spot market and have it delivered to their holding tanks wherever. The main problem with "Don't but from xxxx" campaigns is that it is too complex to get enough people to do this simultaneously and so any potential impact is blunted. Another problem is defining just who is making the money from the pump price. I have seen a number of reports which reckon that once Mr Taxman has had his wack (and have you noticed that it is always reported as 75% tax when in reality it is 300%...the tax goes on top of the real cost, doesn't get taken off the pump price) what little is left is almost all down to the actual cost of getting it and refining it. The Oil companies don't have a huge margin on their work and the reason for the large profits is that at the moment they are not doing much in the way of opening new fields which is horrifically expensive.
Title: Re: Rising Fuel prices Overnight
Post by: psychnurse on 15 June 2008, 15:57:31
out of interest, how much would the forcourts be making per litre? if its anything like beer in pubs not a lot!
Title: Re: Rising Fuel prices Overnight
Post by: JonArgraig on 15 June 2008, 16:00:08
When my Dad had his dealership, 5 years ago, we made a wmassive 0.7p per litre profit on fuel.

The money was made in the shop, the fuel is often a loss leader on it's own
Title: Re: Rising Fuel prices Overnight
Post by: psychnurse on 15 June 2008, 16:03:33
WOW, that is p*ss poor! I would have thought at least 20p! Shows how we are all caught by the testiclae!  :(
Title: Re: Rising Fuel prices Overnight
Post by: FRE07962128 on 15 June 2008, 16:06:01
Quote
anyone signed this  :y

http://www.dailyexpress.co.uk/fueltaxpetition/


Yes Richie for what good it will do! :(  Brown must know by now the feeling of the country.  The trouble is he has managed the economy so badly that there is no surplus cash in the Treasure to offset any fuel tax reductions, without cutting services like the NHS, Education, Security Services, etc................ >:( >:(
Title: Re: Rising Fuel prices Overnight
Post by: psychnurse on 15 June 2008, 16:11:37
Quote
Quote
anyone signed this  :y

http://www.dailyexpress.co.uk/fueltaxpetition/


Yes Richie for what good it will do! :(  Brown must know by now the feeling of the country.  The trouble is he has managed the economy so badly that there is no surplus cash in the Treasure to offset any fuel tax reductions, without cutting services like the NHS, Education, Security Services, etc................ >:( >:(



Well, im sure that the NHS could pull its socks up and start budgeting. The ammount of money wasted on trivial stupid things is criminal! As a taxpayer it hurts me! Yet where it matters- direct patient care and after services is run on a shoestring. No accountability or justice!! (moan over!)
Title: Re: Rising Fuel prices Overnight
Post by: Nickbat on 15 June 2008, 16:16:32
Quote
I receieved an email from some buddy a while back, alot of talk etc about how get oil companies to lower prices, wont go in to all the blurb  But basically says


Do not buy fuel from  BP & ESSO  stations these are the main companies who control pricing , try to buy from you local Tesco/Asda/Morrisons etc etc or even a Shell station !!!

I do that now so if more did maybe cost of fuel will drop ! :-/

Plus the fuel tanker drivers I read somewhere have been on same wages for several years  so they have it good far ages anyway  ...

I mentioned this before, but basically that email was allegedly started by some nut-munchers who hate BP and especially Esso (Exxon-Mobil). Ignore their advice and get petrol where it's cheapest.

As far as the price of oil is concerned, much of it is down to speculation and investment by big companies and hedge/pension funds. IMHO, the world price does not reflect true demand and supply and we are looking at a major commodity price bubble. It will burst (I reckon in September) and will hit a few big companies when it does so. I reckon the true market value of a barrel is around the 60-70 dollar mark.

That said, this thieving government could quite easily reduce the tax burden, especially when you think they are getting a windfall from the VAT which, immorally, is charged on the duty as well as the petrol cost itself.  >:(
Title: Re: Rising Fuel prices Overnight
Post by: Nickbat on 16 June 2008, 00:02:45
In case anyone thought I was alone in my views, I just found this article:

http://biz.thestar.com.my/bizweek/story.asp?file=/2008/6/14/bizweek/1392569&sec=bizweek

Extract: "To puncture the oil price bubble, and yes, it is a bubble, Masters recommended that pension funds be forbidden from using commodity index replication strategies.

He added that the swaps loophole should be plugged immediately, thus causing all speculators to face position limits.

In all likelihood, if the recommendations put forth by Masters or moves similar to that are put into action, the oil price bubble may be punctured.

Judging from market developments in recent weeks, it may be wrong to assume that “nothing will be done” by the US lawmakers soon.

We will find out – very soon
."

Oh, and I also read elsewhere that investment banks such as Morgan Stanley, Goldman Sachs, etc. have stockpiled at least 8 times the amount of oil that is contained in the US strategic reserve. :o :o

Just waiting for that [size=14][size=14]POP[/size]!!!!![/size]  :y
Title: Re: Rising Fuel prices Overnight
Post by: JonArgraig on 16 June 2008, 00:20:08
Well the island has run out of Fuel tonight... doesn't look like I'm going to be going to work in the morning now...
Title: Re: Rising Fuel prices Overnight
Post by: Jay w on 16 June 2008, 12:37:34
well this is greed at its worst..... >:(

http://news.bbc.co.uk/1/hi/england/devon/7456458.stm

the guy deserves something bad to happen for being THAT greedy
Title: Re: Rising Fuel prices Overnight
Post by: Entwood on 16 June 2008, 12:45:27
That is taking the p*** .. but they are all at it.... within 30 minutes of the local Shell running out - at 118.9, the local Esso "suddenly" up his price from 118.9 to 122.9 .... rip-off or what ... .. just glad I ain't bought petrol since 15th of last month ..  but might have to put £10 in next month ... I'm down to 1/4 of a tank after 935 miles ....

 ;D ;D ;D ;D ;D
Title: Re: Rising Fuel prices Overnight
Post by: Mr Skrunts on 16 June 2008, 19:48:13
Didnt bother with any fuel before the strike, gone out today the car is in the red.  Nipped down the road to pick my girlfriend up to go shopping and the Tesco had a sign up saying out of unleaded.

Picked her up and we pass a Texaco on he way back up to the supermarket, 3 cars filling up, looked like they had unleaded, stright in on to a pump, put £68.50 @ £1.179, paid and drove away.

Was totally gobsmaked, expected big ques and a higher price.

Dropped her off about 3 hours later and the Tesco had run out of Diesel as well.
Title: Re: Rising Fuel prices Overnight
Post by: TheBoy on 16 June 2008, 19:53:53
Quote
I receieved an email from some buddy a while back, alot of talk etc about how get oil companies to lower prices, wont go in to all the blurb  But basically says


Do not buy fuel from  BP & ESSO  stations these are the main companies who control pricing , try to buy from you local Tesco/Asda/Morrisons etc etc or even a Shell station !!!

I do that now so if more did maybe cost of fuel will drop ! :-/

Plus the fuel tanker drivers I read somewhere have been on same wages for several years  so they have it good far ages anyway  ...
Thats an old chain letter that has been doing the rounds since email began.

The oil comapnies have little say in pricing, despite what the government/BBC cartel may try to imply.

Currently, about 90p of your £1.20 per litre goes to fatty brown and his useless bunch of pointless prats. About 7-10p to retailer, and about 20p to the oil comapny to find it, drill it, transport it halfway round the world, refine it, and sell it on.