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 Rising fuel prices
Topic Originator: OzPar  
Date:   Sat 14 Mar 04:07

Since the closing of the Strait of Hormuz, the cost of driving has begun to rise quite noticeably. If the war continues, our oil stocks and reserves are bound to diminish.

I thought it would be an interesting exercise to see how petrol and diesel prices have risen where you are since before the conflict began. We have a fair geographical spread, so it could prove a useful comparison for us all as time goes by.

To start things off, I drive a diesel car (Mercedes GLC). It has been pretty economic up until now, but for how long? Before the conflict, I was paying A$1.79 a litre for my diesel. Today, I pay A£2.57. That`s a rise of more than 40% in a couple of weeks.

How do things compare where you are with the grade of fuel you use?

I guess those driving electric cars will enjoy this thread...

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 Re: Rising fuel prices
Topic Originator: allparone  
Date:   Sat 14 Mar 07:07

Petrol in Alloa was £1.32ltr a couple of weeks ago. It’s now £1.39. Fuel app shows a rise of between 8 and 10p a litre in the central belt since the conflict began. Prices had dropped over the last few months. The prices today are similar to those of the same time last year. They will go up further though.
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 Re: Rising fuel prices
Topic Originator: Dave_1885  
Date:   Sat 14 Mar 08:16

BP in Cowdenbeath was fairly consistent at 130-133p per litre before it kicked off - its now at 146p per litre and at one point last week was over 150p until they were called out on FB for it……

Pure profiteering from the fuel companies for now, as the fuel in their tanks would have been purchased at a much lower rate. Can see the prices rising to the same levels of £2 a litre that we seen in March/April 2022 after Russia tried to invade Ukraine.

Buckle in folks, it’s only going to get worse…
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 Re: Rising fuel prices
Topic Originator: jake89  
Date:   Sat 14 Mar 09:41

Disgusting profiteering. Dunfermline has always been charged more than surrounding areas for some reason but they`re truly having a laugh now.
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 Re: Rising fuel prices
Topic Originator: The One Who Knocks  
Date:   Sat 14 Mar 10:43

Doesn`t effect me as I only ever put twenty quid in....

And although my eyes were open
They just might as well be closed
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 Re: Rising fuel prices
Topic Originator: ipswichpar  
Date:   Sat 14 Mar 10:47

Makes you wonder who is making the money in the end to end chain. Wouldn`t surprise me if some linked to the American government have bought some futures recently ....


Some of the discussion on this podcast (and a previous episode) really opened my eyes into how money and betting can start to alter future outcomes now that data and influence has been democratised to the extent it has.

https://www.bbc.co.uk/sounds/play/p0mylrw0?partner=uk.co.bbc&origin=share-mobile
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 Re: Rising fuel prices
Topic Originator: LochgellyAlbert  
Date:   Sat 14 Mar 11:06

Apparently 1.55 and 1.69 in Leven on Friday!😮🙈
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 Re: Rising fuel prices
Topic Originator: pars no1  
Date:   Sat 14 Mar 11:13

I was £1,71 for diesel in shell peterhead the other day and on the way to work this morning the shell in banff was £1.69

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 Re: Rising fuel prices
Topic Originator: Thaipar  
Date:   Sat 14 Mar 16:24

Leccy is still the same costs me about £30 for 2 cars per month
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 Re: Rising fuel prices
Topic Originator: PARrot  
Date:   Sun 15 Mar 02:45

Quote:

The One Who Knocks, Sat 14 Mar 10:43

Doesn`t effect me as I only ever put twenty quid in....


I think that went over many heads.
I had a chuckle
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 Re: Rising fuel prices
Topic Originator: BouncyPar  
Date:   Sun 15 Mar 07:14

Quote:

The One Who Knocks, Sat 14 Mar 10:43

Doesn`t effect me as I only ever put twenty quid in....


Hats off, made me chortle far too much on a Sunday morning 🤣👏
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 Re: Rising fuel prices
Topic Originator: OzPar  
Date:   Sat 21 Mar 14:33

A week on, the price for diesel at my local station is $2.95 per litre. Before the Iran War, the price was $1.79 a litre.

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 Re: Rising fuel prices
Topic Originator: Buster_Brown  
Date:   Sat 21 Mar 21:16

Quote:

allparone, Sat 14 Mar 07:07

Petrol in Alloa was £1.32ltr a couple of weeks ago. It’s now £1.39. Fuel app shows a rise of between 8 and 10p a litre in the central belt since the conflict began. Prices had dropped over the last few months. The prices today are similar to those of the same time last year. They will go up further though.


I work and pretty much live in Alloa with the amount of times I’m there outside of work. Today, the Morrisons had unleaded at 141.9. That’s 2p up since I left work in Thursday.

I can’t help but think there’s an element of profiteering going on from the Supermarkets and Petrol Stations on this. We all know the problems, but the fuel here at the moment has been bought in at the lower price and stored in tanks, so are unaffected by the war, you would have thought. I thought the increase would have happened further down the line.

Loving You, Is In My DNA 🇾🇪
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 Re: Rising fuel prices
Topic Originator: Buster_Brown  
Date:   Sat 21 Mar 21:18

Quote:

The One Who Knocks, Sat 14 Mar 10:43

Doesn`t effect me as I only ever put twenty quid in....


😂😂

Loving You, Is In My DNA 🇾🇪
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 Re: Rising fuel prices
Topic Originator: allparone  
Date:   Sun 22 Mar 09:27

Quote:

Buster_Brown, Sat 21 Mar 21:16

Quote:

allparone, Sat 14 Mar 07:07

Petrol in Alloa was £1.32ltr a couple of weeks ago. It’s now £1.39. Fuel app shows a rise of between 8 and 10p a litre in the central belt since the conflict began. Prices had dropped over the last few months. The prices today are similar to those of the same time last year. They will go up further though.


I work and pretty much live in Alloa with the amount of times I’m there outside of work. Today, the Morrisons had unleaded at 141.9. That’s 2p up since I left work in Thursday.

I can’t help but think there’s an element of profiteering going on from the Supermarkets and Petrol Stations on this. We all know the problems, but the fuel here at the moment has been bought in at the lower price and stored in tanks, so are unaffected by the war, you would have thought. I thought the increase would have happened further down the line.


It’s called Rocket and Feather pricing. Prices rocket when the price of oil goes up but they fall like a feather when the price of oil comes back down. It is profiteering and is seemingly monitored in the UK. I actually thought the prices would be much higher by now. Rising 9p a litre where we are isn’t as bad as I thought it would be especially when you look at Oz’s post and see how much the Australians are getting fleeced. That’s ridiculous.
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 Re: Rising fuel prices
Topic Originator: Dave_1885  
Date:   Sun 22 Mar 10:02

Went to get petrol today at BP in Cowdenbeath and drove right in and right back out again……149.9p a litre and glad I dont drive a diesel - 184.9p a litre…….

Scandalous….
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 Re: Rising fuel prices
Topic Originator: Raymie the Legend  
Date:   Sun 22 Mar 10:58

Need more people to do that, Dave.




It`s bloody tough being a legend
Ron Atkinson - 1983
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 Re: Rising fuel prices
Topic Originator: Raymie the Legend  
Date:   Mon 23 Mar 20:17

Around 80% of the tanks are empty at Gulf in Rosyth




It`s bloody tough being a legend
Ron Atkinson - 1983
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 Re: Rising fuel prices
Topic Originator: Hoolie  
Date:   Mon 30 Mar 09:28

Just over £1.80 at the Tesco Duloch station!

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 Re: Rising fuel prices
Topic Originator: BouncyPar  
Date:   Mon 30 Mar 09:32

Quote:

Hoolie, Mon 30 Mar 09:28

Just over £1.80 at the Tesco Duloch station!


Some might remember the summer of 2000, when fuel went over £1 per litre, and the farmers and hauliers blockade pumps and refineries. The country came to a very rapid stand-still.
Might now be the time for people to voice their anger once again?
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 Re: Rising fuel prices
Topic Originator: Playup_Pompey  
Date:   Mon 30 Mar 09:48

Esso Livi £1.60 for Petrol
Sainbury livi (250m up the road) £1.47 for petrol

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 Re: Rising fuel prices
Topic Originator: ipswichpar  
Date:   Mon 30 Mar 10:38

Quote:

BouncyPar, Mon 30 Mar 09:32

Quote:

Hoolie, Mon 30 Mar 09:28

Just over £1.80 at the Tesco Duloch station!


Some might remember the summer of 2000, when fuel went over £1 per litre, and the farmers and hauliers blockade pumps and refineries. The country came to a very rapid stand-still.
Might now be the time for people to voice their anger once again?


Not quite there yet....equivalent inflation adjusted is £1.93
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 Re: Rising fuel prices
Topic Originator: Dave_1885  
Date:   Mon 30 Mar 11:29

Nobody blockaded the pumps 4 years ago when petrol hit £2 a litre due to Putin, so doubt they will do it now either - they cant, everyone NEEDS to work now as the cost of everything is extortionate.
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 Re: Rising fuel prices
Topic Originator: Raymie the Legend  
Date:   Mon 30 Mar 11:57

Australia are cutting fuel excise by 50% for three months.




It`s bloody tough being a legend
Ron Atkinson - 1983
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 Re: Rising fuel prices
Topic Originator: NMCmassive  
Date:   Mon 30 Mar 18:26

Quote:

Raymie the Legend, Mon 23 Mar 20:17

Around 80% of the tanks are empty at Gulf in Rosyth


That Gulf is always running out. I think it’s quite poorly run. The folk from the shell are always complaining about them because when they run out, Shell gets really busy

COYP
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 Re: Rising fuel prices
Topic Originator: NMCmassive  
Date:   Mon 30 Mar 18:27

Quote:

The One Who Knocks, Sat 14 Mar 10:43

Doesn`t effect me as I only ever put twenty quid in....


😂

I’ll never forget that episode

COYP
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 Re: Rising fuel prices
Topic Originator: Raymie the Legend  
Date:   Mon 30 Mar 21:19

Quote:

NMCmassive, Mon 30 Mar 18:27

Quote:

The One Who Knocks, Sat 14 Mar 10:43

Doesn`t effect me as I only ever put twenty quid in....


😂

I’ll never forget that episode


Great quip but think it should be affect and not effect 😉




It`s bloody tough being a legend
Ron Atkinson - 1983
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 Re: Rising fuel prices
Topic Originator: LochgellyAlbert  
Date:   Tue 31 Mar 17:37

Petrol stations a bit busier today!
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 Re: Rising fuel prices
Topic Originator: jake89  
Date:   Tue 31 Mar 18:49

Does anywhere local have premium petrol? Tesco Duloch doesn`t and I actually need some petrol unlike some of the crazies pointlessly filling up their cars.
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 Re: Rising fuel prices
Topic Originator: charlie1  
Date:   Tue 31 Mar 19:12

Quote:

jake89, Tue 31 Mar 18:49

Does anywhere local have premium petrol? Tesco Duloch doesn`t and I actually need some petrol unlike some of the crazies pointlessly filling up their cars.


Tesco fire station had it tonight
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 Re: Rising fuel prices
Topic Originator: jake89  
Date:   Tue 31 Mar 20:05

Quote:

charlie1, Tue 31 Mar 19:12

Quote:

jake89, Tue 31 Mar 18:49

Does anywhere local have premium petrol? Tesco Duloch doesn`t and I actually need some petrol unlike some of the crazies pointlessly filling up their cars.


Tesco fire station had it tonight


They have no petrol whatsoever and only certain pumps for diesel. Duloch Tesco still has petrol and diesel but people are queuing for it. ASDA at Halbeath is shut.
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 Re: Rising fuel prices
Topic Originator: LochgellyAlbert  
Date:   Tue 31 Mar 22:37

Quote:

jake89, Tue 31 Mar 18:49

Does anywhere local have premium petrol? Tesco Duloch doesn`t and I actually need some petrol unlike some of the crazies pointlessly filling up their cars.


Tesco @ Fire Station had all their premium pumps operating at 16.00.
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 Re: Rising fuel prices
Topic Originator: jake89  
Date:   Wed 1 Apr 10:41

Quote:

LochgellyAlbert, Tue 31 Mar 22:37

Quote:

jake89, Tue 31 Mar 18:49

Does anywhere local have premium petrol? Tesco Duloch doesn`t and I actually need some petrol unlike some of the crazies pointlessly filling up their cars.


Tesco @ Fire Station had all their premium pumps operating at 16.00.


They didn`t at 7pm. I think people are going mad and filling up to the brim just in case. People going about with petrol cans too. Madness.
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 Re: Rising fuel prices
Topic Originator: Buspasspar  
Date:   Wed 1 Apr 17:51

Panic buying puting every essential service at risk .. well done the Daily Express

We are forever shaped by the Children we once were
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 Re: Rising fuel prices
Topic Originator: Big T Par  
Date:   Fri 3 Apr 06:57

Always go to Costco, before coming into work for my fuel. Usually there`s two or three folk there at this time. I`m in and out within 5 minutes. Just been and it`s like a Saturday afternoon. Absolutely rammed



Post Edited (Fri 03 Apr 07:13)
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 Re: Rising fuel prices
Topic Originator: Buspasspar  
Date:   Fri 3 Apr 17:57

Tesco and Aldi rammed here all day .. panic food buying now .. Oh Aye and toilet rolls :-o))

We are forever shaped by the Children we once were
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 Re: Rising fuel prices
Topic Originator: twin par  
Date:   Fri 3 Apr 21:52

The mentality of some people,beggars belief!
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 Re: Rising fuel prices
Topic Originator: Hoolie  
Date:   Fri 3 Apr 21:54

Does everyone not understand after the Pandemic? It was a plan on how we can be controlled and it’s working again that everyone runs to get petrol/diesel just incase the whole world runs out…

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 Re: Rising fuel prices
Topic Originator: PARrot  
Date:   Sat 4 Apr 04:57

Quote:

Hoolie, Fri 3 Apr 21:54

Does everyone not understand after the Pandemic? It was a plan on how we can be controlled and it’s working again that everyone runs to get petrol/diesel just incase the whole world runs out…


I honestly wonder how conspiracy theorists get through the day.
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 Re: Rising fuel prices
Topic Originator: P  
Date:   Sat 4 Apr 07:31

Quote:

PARrot, Sat 4 Apr 04:57

Quote:

Hoolie, Fri 3 Apr 21:54

Does everyone not understand after the Pandemic? It was a plan on how we can be controlled and it’s working again that everyone runs to get petrol/diesel just incase the whole world runs out…


I honestly wonder how conspiracy theorists get through the day.


Stubbed my toe this morning, definitely the work of the Rothchilds & Illuminati
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 Re: Rising fuel prices
Topic Originator: NMCmassive  
Date:   Sun 5 Apr 01:30

Some will say we’ve never been to the moon, others will say there’s an entire space force up there interacting with alien races and shielding us all from the truth because something to do with the Vatican and the anti-Christ. 🤷🏻‍♂️ truth will be somewhere in the middle.

I really hope the toe isn’t bad.

I’m more interested in how it could all play out - particularly because we’re in the old fat lady of Europe.

I think America looses this war but I don’t think this war is the end goal.

They’ve taken Venezuela (at the very least Venezuela will do as it’s told now). Central America is their ‘cheap labour’ for manufacturing.
The Americas (continents) are very resource rich plus they’ve got huge land mass. Add a bit of Greenland and I think the USA and its allies will have everything it needs.

On the other side of Iran is the Russia/China alliance. China is doing its thing quietly but I think USA has already written off defending Taiwan and is looking to implement a different strategy. Russia is resource heavy and has a robust economy because of it.

We (Europe) are kinda caught in no mans land. We’ve literally destroyed our own heavy industries and outsourced our manufacturing to everywhere else. We have highly specialised manufacturing, high end manufacturing but that is very specific and limited in its capabilities to turn out materials/products en mass.
We are also extremely reliant on everyone else for O&G and fuel in general. (Something we need to take responsibility for btw. We voted for them)

So basically, the end goal for America isn’t about regime change in Iran, it’s about strengthening its own position as a provider and producer to those under its sphere of influence. It’ll reinforce American dominance in global economic markets. Unless of course we’d rather side with Vladimir Putin and the IRGC? CCP also don’t seem to be very interested in DEI unless you’re from the Han dynasty so I don’t know how that will go down with the Green Party in the long run

COYP
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 Re: Rising fuel prices
Topic Originator: OzPar  
Date:   Tue 7 Apr 02:27

Australia is the largest importer of diesel fuel in the world. Of the 28 largest developed economies, it holds the lowest fuel reserves. Japan`s stockpile is 260 days. We are at 26 days and falling. As things stand, D-day—when we nominally run out—is 19 May.

Six of our eight refineries have closed since 2013, and we import 90% of our refined fuel, mostly through Singapore, which draws much of its oil from the Persian Gulf. Clearly, we are in a critical situation.

If you have been to Australia, you will readily understand the so-called "tyranny of distance"—cities are so far apart, and even each state`s main towns are often hundreds of kilometres from the capital. Surely, there are troubles with food distribution not too far ahead.

Last week, our federal government announced a 50% reduction in its fuel excise tax for the next three months. This brought prices down 50 cents a litre, but prices are climbing back, and today a litre of diesel costs $3.15.

I have a diesel car, so I am using it sparingly now. I am grateful that I have a pushbike in the garage, though I think I will struggle to carry very much shopping. I guess I will have to investigate home delivery shopping from the supermarket.

I am retired, so I don`t require a car for work, but of course, many do. What will they do? Are we going to return to the Covid work-from-home scenario? That can`t work for everyone. Our state government has announced that all public transport will be free. But, if there is no fuel...?

How do things look over where you are?

Post Edited (Tue 07 Apr 02:34)
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 Re: Rising fuel prices
Topic Originator: Dave_1885  
Date:   Tue 7 Apr 08:20

Folk still panic buying here, despite the fuel still being mainly available so far…….

At least we have a refinery at Grangem…….oh never mind 🤦🏻‍♂️
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 Re: Rising fuel prices
Topic Originator: jake89  
Date:   Tue 7 Apr 09:21

Grangemouth was jet fuel I think.
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 Re: Rising fuel prices
Topic Originator: NMCmassive  
Date:   Tue 7 Apr 12:16

I think it done jet fuel as well as other fuels. No that it matters much now 🤷🏻‍♂️ it’s just another thing to add to the list of the crumbling infrastructure that we’re giving up.

Rather than reinvest and update it’s “cheaper” to just buy in from abroad. Also looks like we’re creating less C02 locally so it ticks boxes for net zero.

Absolute sh17 show.

COYP
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 Re: Rising fuel prices
Topic Originator: The One Who Knocks  
Date:   Tue 7 Apr 13:01

Yeah it`s looking increasingly likely that Trump has sunk the world economy. Starting to think my summer holiday in Spain, although already booked and paid for, could now be in doubt as airlines across the globe cancel services. Certainly looking like surcharges will be imposed.

And although my eyes were open
They just might as well be closed
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 Re: Rising fuel prices
Topic Originator: LochgellyAlbert  
Date:   Tue 7 Apr 14:12

Quote:

jake89, Tue 7 Apr 09:21

Grangemouth was jet fuel I think.


I think that there is a pipeline from Grangemouth to the Airport.
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 Re: Rising fuel prices
Topic Originator: thebear  
Date:   Fri 17 Apr 13:38

When oil prices rise pump rises instantly, when oil prices fall pump prices stay the same
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 Re: Rising fuel prices
Topic Originator: hurricane_jimmy  
Date:   Sun 19 Apr 17:18

Well..people have had the opportunity for a good 10-15(?) years now to get an EV and put solar panels or wind turbines on their home, often with the added bonus of Government subsidization. This would grant a proper path to energy independence and my own relatives in both Queensland and South Australia have done this quite successfully.

My parents in Scotland however were a bit short sighted in this regard and stuck with petrol and diesel cars. The irony for me is that they are both pro-Brexit and pro-Union, despite the effect that has on their cost of living. Hurts ma brain tbh.
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 Re: Rising fuel prices
Topic Originator: ipswichpar  
Date:   Sun 19 Apr 18:01

Has the correct independent analysis been done to say it is shortsighted?

Might be more expensive right now, but it might have cost a lot more to get here, with the opportunity cost of paying for an expensive new vehicle with related high depreciation.
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 Re: Rising fuel prices
Topic Originator: jake89  
Date:   Sun 19 Apr 22:43

To be fair, electric cars are still relatively unproven in terms of longevity and the primary reason for recent increases is the flooding of the market with cheap Chinese EVs that I`d suggest will damage the reputation of EVs more than anything.

I`d consider an EV to replace one of our cars when the time comes but it still feels like the cheap ones are crap and the good ones are pricey. I say this as someone who won`t buy anything Renault/Nissan/Dacia (don`t try and convince me they`re not **** as I`ve owned a Renault, three Nissan`s and a Dacia and only the pre-Renault alliance Nissan was any good).
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 Re: Rising fuel prices
Topic Originator: Tad Allagash  
Date:   Sun 19 Apr 23:39

Quote:

jake89, Sun 19 Apr 22:43

To be fair, electric cars are still relatively unproven in terms of longevity and the primary reason for recent increases is the flooding of the market with cheap Chinese EVs that I`d suggest will damage the reputation of EVs more than anything.

I`d consider an EV to replace one of our cars when the time comes but it still feels like the cheap ones are crap and the good ones are pricey. I say this as someone who won`t buy anything Renault/Nissan/Dacia (don`t try and convince me they`re not **** as I`ve owned a Renault, three Nissan`s and a Dacia and only the pre-Renault alliance Nissan was any good).


But with EVs, you don’t have to worry about the engine, gearbox, clutch, dual mass flywheel, fuel pump, water pump, oil leaks or exhaust that might have caused you grief with your dinosaur juice cars.

It’s all about the infotainment system these days.
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 Re: Rising fuel prices
Topic Originator: jake89  
Date:   Mon 20 Apr 08:10

But you do have to worry about the build quality of something made cheaply in China. Jaecoo seem to be the worst.

If I went EV I`d be more inclined to get something from VW or Kia. Far too many hybrids on the market. These seem to be pretty good but surely you`re talking double trouble in terms of potential issues?
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 Re: Rising fuel prices
Topic Originator: P  
Date:   Mon 20 Apr 08:21

Have an EV, solar panels & battery. Not to have green credentials (seems pointless when you consider the energy AI consumes but that’s a different debate) but for the financial benefits.

EV is on a work car scheme so it’s a half price car. The energy provider gives me leccy’ at 6.7p during the night which I use to charge the battery and sometimes the car and I then sell any excess leccy back to the grid at 12p during the day while the battery powers the house.

Solar payback is around 7 years for my set up based on first year savings. Then you also have an asset that adds value to your house so full payback is less important.

In the summer I don’t charge the car at all overnight and just use solar so go from a fiver for 230 miles (winter range is less) to £0 for 280 miles.

Doesn’t work for everyone as depends on circumstances but it’s a total no brainer.

Plus I can drive round and round watching people queue to panic buy fuel while I get free power from the sky
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 Re: Rising fuel prices
Topic Originator: DBP  
Date:   Mon 20 Apr 09:05

We dipped our toe in the ev water about a year ago. Bought a 3 year old bmw (the tiny one that looks like a roller skate). Took it for two years and the monthly cost was a lot less than our previous car.
It only does about 120 miles of full charge but that’s plenty as our longest trip generally is a round trip from Dunfermline to Glasgow via Livi and Stirling to visit the kids.
We have found ourselves going further once or twice, but 15 mins in any Starbucks (that has the charging points) and we’re all charged up.
In short I love it. Way in traffic as no gears, super nippy, really smooth drive and as said above, we fill it up overnight on a cheap tariff And whereas my last car (1.6L) used to cost me about £60 to fill up a month, we spend around £16 equivalent

We’re looking at solar & batteries at the minute and watching with interest at the plug in solar panels that are very popular in Germany that seem to be coming over. but for us (in Scotland), it seems like a smart battery is as important as the solar panels as you fill it up on the cheap tariff and use it during the day when it would normally be more expensive
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 Re: Rising fuel prices
Topic Originator: LochgellyAlbert  
Date:   Mon 20 Apr 09:33

Been driving a Hybrid Nissan coming up for 3yrs now, only one serious breakdown that was sorted under warranty.

Top economy figure was 69.9mpg, auto and very nippy, love it!
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