Diesel Prices

[Dave the OAP]

This is spreading

BBC NEWS | World | Europe | Spanish hauliers on fuel strike

The Texaco along the a23 by the Poynings T/off was charging 134p a litre of deisel this morning.

 

[Barrel of Fun]

It is a shame that we have not invested enough money in alternative sources of power/energy.

 

[Gazwag]

I saw an email last Friday that St John are advising all ambulance drivers to ensure their vehicles are kept full at all times over the next few weeks

 

[Man of Harveys]

Not enough of the stuff in the ground+Chinese people starting to drive cars=oil prices go up. And no amount of fat blokes moaning about it here or in Spain is going to change that.

 

[BUTTERBALL]

If all motorists in the non dominant oil producing countries got together and agreed to make a pact to reduce the amount of motoring they do by 25% (very realistic, cutting down non-essential journeys, using a bike, taking public transport where possible) it would hit the oil producers in the pocket and go a long way towards solving the issue of supply and demand. 25% reduction in consumption I feel could be achieved. But it would only work if everybody made the commitment. These things where people say "don't buy from Esso" or "don't buy from BP" do not even scratch the surface.

 

[JJ McClure]

i was thinking about this the other day and with the price of diesel rising by more than the price of petrol it's got to be getting close to the point where the saving you make in mpg is negated by the extra cost at the pump.

 

[Starry]

I saw an email last Friday that St John are advising all ambulance drivers to ensure their vehicles are kept full at all times over the next few weeks

we have done the same, not ambulances, trucks, lorries etc. told them to keep on topping up and full overnight. used to make them fuel load before the boat but there is not much benefit to that any more.

our local station is at 136.9p for diesel. but a little drive away though no where near the depot, convenient that, you can still get 127.9p.

 

[Papa Lazarou]

i was thinking about this the other day and with the price of diesel rising by more than the price of petrol it's got to be getting close to the point where the saving you make in mpg is negated by the extra cost at the pump.

I read a quote recently (sadly I know not where) that said that the mileage you need to do each year for the extra cost of diesel fuel, and the vehicles themselves, is up near 15k a year, otherwise it's better to go for a petrol engine.

But I don't have a source.

Papa

 

[scooter1]

I read a quote recently (sadly I know not where) that said that the mileage you need to do each year for the extra cost of diesel fuel, and the vehicles themselves, is up near 15k a year, otherwise it's better to go for a petrol engine.

But I don't have a source.

Papa

I read the very same in yesterdays Sunday Mirror. Although some of the very small diesels have zero road tax rating which would appeal to me if I had the money for a new car. I'd pay the extra cost per litre if I knew there was a "free" tax disc in the post once a year

 

[Cian]

Not enough of the stuff in the ground+Chinese people starting to drive cars=oil prices go up. And no amount of fat blokes moaning about it here or in Spain is going to change that.

Demand from China/India has remained flat for months
Demand from 'the west' has dropped

A good $20 a barrel of the current price bubble is caused by speculators NOT actual demand.

 

[Man of Harveys]

Demand from China/India has remained flat for months
Demand from 'the west' has dropped

A good $20 a barrel of the current price bubble is caused by speculators NOT actual demand.

I, of course, humbly bow down before this level of energy expertise. However, the chief economist of the Commodity Futures Trading Commission would probably prove a tougher opponent than me to win over on this. But whatever.

"Although longer-term studies show a slight increase in non-commercial market share in the crude oil futures market, OCE analysis shows that the more recent increase in oil prices to levels above $120/barrel has not been accompanied by significant changes to the participants in this market."

http://www.cftc.gov/stellent/groups/public/@newsroom/documents/speechandtestimony/oeajeffharristestimony052008.pdf

 

[Simster]

Not enough of the stuff in the ground+Chinese people starting to drive cars=oil prices go up. And no amount of fat blokes moaning about it here or in Spain is going to change that.

You better tell the French that then, where the price of diesel is about 80p per litre.

 

[bigc]

You better tell the French that then, where the price of diesel is about 80p per litre.

And they don't appreciate it! Spend all their time in their blockades...

 

[Bevendean Hillbilly]

If all motorists in the non dominant oil producing countries got together and agreed to make a pact to reduce the amount of motoring they do by 25% (very realistic, cutting down non-essential journeys, using a bike, taking public transport where possible) it would hit the oil producers in the pocket and go a long way towards solving the issue of supply and demand. 25% reduction in consumption I feel could be achieved. But it would only work if everybody made the commitment. These things where people say "don't buy from Esso" or "don't buy from BP" do not even scratch the surface.

Very Holistic that.

Unfortunately the US Marine Corps are cheaper & easier to deploy.

 

[Cian]

I, of course, humbly bow down before this level of energy expertise. However, the chief economist of the Commodity Futures Trading Commission would probably prove a tougher opponent than me to win over on this. But whatever.

"Although longer-term studies show a slight increase in non-commercial market share in the crude oil futures market, OCE analysis shows that the more recent increase in oil prices to levels above $120/barrel has not been accompanied by significant changes to the participants in this market."

http://www.cftc.gov/stellent/groups/public/@newsroom/documents/speechandtestimony/oeajeffharristestimony052008.pdf

All that says is that theres no new people involved in trading, really - theres always been speculators except they're currently far more active as theres far more gains to be made. Plus oil is now $20 more than $120 a barrel.

 

[Stat Brother]

While on holiday, a couple of weeks ago. I was mainly watching CNN, the general concensus from around the world was petrol price panic and soaring inflation.

It's not going to get any better any time soon.

 

[larus]

In a perverse way, it's probably a very good thing in the long run. If this crisis actually makes the West change their long-term energy strategies so that we don't have to rely upon gas from Russia and Oil from the Middle-East this has got to be good.

Firstly, we may then actually stand an outside chance of keeping the planet habitable. Secondly, we will hopefully get to a position where energy supplies can't get used as a political stick (e.g. Russia on Ukraine).

 

[Storer68]

iF i WERE YOU i'D MAKE SURE YOUR TANK IS FULL.............

rumoured blockade of shell stations on friday:gossip:

 

[Stat Brother]

Shell tanker/delivery drivers are due to go on strike, over pay.
Although they don't work for Shell, but a seperate supply company, they are still agrieved about Shell's profits.

This ONLY effects shell

 

[Easy 10]

While on holiday, a couple of weeks ago. I was mainly watching CNN

Sounds like you had a great time then.