Morrisons and Asda cut unleaded to 99.9p

[G]

It says so on Sky News.


It sad to get excited about it when you consider what the prices used to be even 5 years ago, but its still better than 121.9p at its peak.

[Grinch]

Woo hoo...

[G]

50 litres of petrol is now £10 cheaper than it was 5 months ago.

So every time I fill my car up I'm saving £10 at the moment.....and thats 2 sometimes 3 times a week.

So I'm saving £120 - £150 a month alone.

Good News for me......

The prices of a barrel of oil has fallen below $69....

[Grinch]

Lets see how long this lasts.

[G]

Not that long I imagine.

Last time oil was at $69 a barrel fuel was .70p

Next time it jump upto $140 a barrel (which it will as soon as the economy picks up and there is a demand) unleaded will be at £1.50 a litre.

It might have abit to drop before then though.

[Dappa D]

happy days.....for now

[muffles]

This must be leaving a really bitter taste in the mouth of those that proudly proclaimed "petrol will never go below £1/litre again!"...

I am certain they will now say "well it'll soon go back up" - yes, it may, it's very volatile at the moment, but at the end of the day it's still gone below £1...and with the murmurs of unrest amongst OPEC's members, it's not a given that it will go back up...

Out of interest I thought the price was lower last time the oil was $70/barrel - it was 99.9p when the oil was roughly $90-100/barrel I thought...be interesting to see if anyone has any details...

[muffles]

Out of interest I thought the price was lower last time the oil was $70/barrel - it was 99.9p when the oil was roughly $90-100/barrel I thought...be interesting to see if anyone has any details...

Last time oil was at $69 a barrel fuel was .70p

Ah there we go :D

[MR UKI (1)]

Typical, it's bloody winter and my bike is Sorn for it's hibernation and then they drop the bloody petrol prices. It'll be back up to £1.20 come the Spring :mad:

[G]

Interesting Table only shows the last 2 years


http://www.whatgas.com/images/oil_petrol.PNG

[MR UKI (1)]

The price thing is a lottery though. Unfortunately in Macc we only have 1 supermarket petrol station (Tesco) and the rest are Shell, Esso and Total.

A few weeks ago when the prices were dropping it was 109.9 a litre at Macc Tesco and in Northwich where my parents live it was 104.9. The manager at Macc Tesco forecourt admitted their prices were higher than the nearest other stores cos there was no competition. She was telling this to an irate customer who was 'having a go' at the prices whilst i was in the queue.

Funniest bit was when she said, 'You can get 5p a litre off when you spend £50 or more in store', to which the guy said 'That's great, but I won't be shopping or buying petrol from you f@cking shysters again'. I was creasing up at this point inside my helmet!

http://www.macclesfield-express.co.uk/news/s/1072563_macc_is_still_the_high_price_capital

[Viney]

Typical, it's bloody winter and my bike is Sorn for it's hibernation and then they drop the bloody petrol prices. It'll be back up to £1.20 come the Spring :mad:Weirdo...hibernation. Its still above 10 degrees centigrade ffs! ;)

[G]

Weirdo...hibernation. Its still above 10 degrees centigrade ffs! ;)


13 last night whilst in the car.

22 it said on the thermometre outside the cafe at rutland water at the weekend.

Winter already indeed :rolleyes:

[Paul the 6th]

how much are we looking at for diesel?

[G]

The price thing is a lottery though. Unfortunately in Macc we only have 1 supermarket petrol station (Tesco) and the rest are Shell, Esso and Total.

A few weeks ago when the prices were dropping it was 109.9 a litre at Macc Tesco and in Northwich where my parents live it was 104.9. The manager at Macc Tesco forecourt admitted their prices were higher than the nearest other stores cos there was no competition. She was telling this to an irate customer who was 'having a go' at the prices whilst i was in the queue.

Funniest bit was when she said, 'You can get 5p a litre off when you spend £50 or more in store', to which the guy said 'That's great, but I won't be shopping or buying petrol from you f@cking shysters again'. I was creasing up at this point inside my helmet!

http://www.macclesfield-express.co.uk/news/s/1072563_macc_is_still_the_high_price_capital

To me thats sounds like an ideal excuse to nip across the A537 to buxton :smt026 The petrol station at the buxton end is always the cheapest in the area........nice road as well apparently ;)

[muffles]

Interesting graph G, pity it doesn't go past April 2008! So it very, very roughly follows that petrol goes up with the price of oil, but see oddities like at the beginning where the price of petrol rises sharply in contrast to the slow rise of the price of oil.

[timwilky]

but Asda (I went today) is still 102.9 whereas the shell 100yards away is 101.9. So went back to the shell.


I guess they only cut the price where they feel they have to.

[Stig]

Weirdo...hibernation. Its still above 10 degrees centigrade ffs! ;)

My mate sat next to me just told me he fills his tank every 100 miles.


He's filled it twice so far this year. :shock:

[rob13]

Going by that graph it looks like it was about 94p at the same barrel price point. Theres no doubt that the companies wont look to reward the customers with the same reductions that they have at the bulk purchase (likewise the oil co's giving it to the suppliers) but fortunately the supermarkets drive the price down in a price war. I doubt BP or Esso would bother doing the same.

We need some alternative fuel that will increase competition with oil. Its a bit worrying that after probably more than 30 years of looking for a solution, we still havent come up with it.

[G]

Going by that graph it looks like it was about 94p at the same barrel price point. Theres no doubt that the companies wont look to reward the customers with the same reductions that they have at the bulk purchase (likewise the oil co's giving it to the suppliers) but fortunately the supermarkets drive the price down in a price war. I doubt BP or Esso would bother doing the same.

We need some alternative fuel that will increase competition with oil. Its a bit worrying that after probably more than 30 years of looking for a solution, we still havent come up with it.

You think there is no alternative? of course there is, but it will be in some batman style completely secret complex somewhere.

Why would car companies and BP etc release something that only reduces the value of something they already have........but at the same time they wont sit there with a product that will inevitably run without having a backup.

When it becomes necessary to release a new product to open up new profit streams I'm sure they will.

Rumor has it once upon a time audi produced a diesel that did 130mpg, BP paid them not to release it or something like that.

[Paul the 6th]

like the electricity company who bought the patent to a lightbulb which was perfect and never popped, then they buried it in the desert...

[missyburd]

hehe that's funny I just pointed this out to a mate earlier this afternoon, was good to see!

[Paul the 6th]

great minds... upstairs for dancing, downstairs for drinking. Thinking is over rated

[missyburd]

I meant I pointed out the unleaded price, sorry to disappoint. You keep those cogs turning ;)

[Grinch]

My mate sat next to me just told me he fills his tank every 100 miles.


He's filled it twice so far this year. :shock:

Pah... slap him will you.

[MR UKI (1)]

My mate sat next to me just told me he fills his tank every 100 miles.


He's filled it twice so far this year. :shock:

I'm not that bad, bought the bike with 2000 miles on it in March and well over 6000 miles now, so a few tank fulls there :D