lol, guess I asked for that.
CNN was the only English speaking channel, so when the TV was on I was only ever watching CNN
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Diesel Prices
- Thread starter Dave the OAP
- Start date
lol, guess I asked for that.
CNN was the only English speaking channel, so when the TV was on I was only ever watching CNN
withdeanwombat
Well-known member
Who else remembers the "Coast" programme where a bloke in Scotland had a car that did 40 mph and ran on hydrogen derived from water with the only output from the car being water.
Course,water in Scotland is probably @ £1.32 per litre,but alternative energy sources are the answer.
Oh,and sending in the marines.
Course,water in Scotland is probably @ £1.32 per litre,but alternative energy sources are the answer.
Oh,and sending in the marines.
Storer68
New member
there is still a refining capacity issue as well tp buck the price up
Bevendean Hillbilly
New member
Quick everyone....PANIC!
Last fuel dispute I was a rep and was desperate to keep on the road so had loads of spare at home...this time I just think, bring it on.
What we are doing is not sustainable so the sooner we all get that the better.
Last fuel dispute I was a rep and was desperate to keep on the road so had loads of spare at home...this time I just think, bring it on.
What we are doing is not sustainable so the sooner we all get that the better.
Arthur
Well-known member
I drove from Calais through Belgium to Holland last week and it certainly wasn't anywhere near that cheap. Can only speak for the 40k or so I was in France but it was around the 1.60 (euro) mark.
beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 36,023
interesting document there, if a odd quote to pull out. there's a fair number more than 430 traders out there, presumably "participants" means members of the market conducting the actual trades? isnt there possibly a slight problem with the commission having to react if it thinks something iffy is going on, but relucant to do so?
Would you agree that underlying oil demand is still below supply and the growth is at a steady pace which is far below the price growth - ie demand has not risen 100% in the last year nor is it predicted to in the next. how does the current price tie in with increased supply potentially coming from uneconomic fields? I just see the mainstream news on the subject but this is the picture i get.
I just wont to know when the top is so i can short it.
beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 36,023
because market economics dictate that you still pay the rate in the market even if you dig the oil up yourself for cost (becuase otherwise you mightas well sell it). as for coining it, the treasuary is and then again on VAT, so they do have room to cut excise duty really.
severnside gull
Well-known member
Boroseagull
Well-known member
Maybe it was 2 years ago!! About double that now. Here in Spain we are paying 1.27 euros/ltr [about £1.05] but go to Gibratar down the road and it's 70p!!
Horses Arse
Well-known member
Can someone explain why the differential between petrol and diesel has risen from 2p a litre when it was all around the £1 mark to circa 15p a litre difference now.
How is that releated the price change in crude?
Also, if diesel is a less refined fuel source then surely it is cheaper and less energy intensive to produce - so why tax it more and charge more for it?
How is that releated the price change in crude?
Also, if diesel is a less refined fuel source then surely it is cheaper and less energy intensive to produce - so why tax it more and charge more for it?
Storer68
New member
Downing Street has urged motorists not to panic-buy petrol and diesel ahead of a planned strike by tanker drivers delivering fuel for Shell on Friday.
A spokesperson for Prime Minister Gordon Brown said contingency plans were in place to minimise disruption.
Even so, the government said that some petrol stations may run out of fuel.
Hundreds of members of the Unite Union are due to walk out from 0600 BST on Friday until 0600 the following Tuesday in a dispute over pay.
The drivers work for Hoyer UK and Suckling Transport, transport firms employed by Shell to deliver fuel to its forecourts across the UK.
'Responsible actions'
The prime minister's spokesperson said: "We believe that this strike is unnecessary and we would want to ensure that nothing was done that inconvenienced the public.
I hope that by involving Acas we can avoid industrial action
Bernie Holloway, Hoyer UK
"But the most responsible thing the public can do is to continue to buy as normal."
The Department for Business, Enterprise and Regulatory Reform (BERR) estimated that Shell accounted for about one-in-10 filling stations in the UK and that it was "inevitable" some of them would run out of fuel.
Shell is understood to have a dedicated team working to minimise any disruption by maximising stocks of fuel and prioritising deliveries.
A series of measures was enacted by the government last Friday to allow companies to work together in order to get fuel to where its needed in the event of a strike, while remaining within the scope of competition law, BERR said.
Offer rejected
In an attempt to resolve the dispute, representatives from the Unite union are due to meet the two transport firms on Wednesday in an attempt to resolve the dispute.
The union is calling for a minimum wage of £36,000 a year, about £2,000 more than drivers are currently paid.
Pay talks between the two sides broke down last week.
Drivers have rejected an improved offer of a 6.8% pay rise, which would have increased drivers' average salaries from £36,500 to around £39,000 a year.
Hoyer UK estimates that that if drivers had accepted that latest offer, their average pay would have increased by a third over the past five years.
Intervention
The talks due to begin on Wednesday will involve the arbitration and conciliation service, Acas, for the first time.
"I hope that by involving Acas we can avoid industrial action," said Bernie Holloway from Hoyer UK.
The Unite union renewed its insistence that Shell should intervene to resolve the dispute.
"What you have to remember is that Shell make £1.3bn per month. This dispute could be resolved for a mere £100,000 per month - less than £1m a year," said Len McCluskey, Unite's assistant general secretary.
"It doesn't even register on the scale of Shell's profits and we're calling on Shell to accept their responsibility so that the British public are not put to an inconvenience," he said.
In a statement, Shell said it "urged both parties to find a way through their differences".
A spokesperson for Prime Minister Gordon Brown said contingency plans were in place to minimise disruption.
Even so, the government said that some petrol stations may run out of fuel.
Hundreds of members of the Unite Union are due to walk out from 0600 BST on Friday until 0600 the following Tuesday in a dispute over pay.
The drivers work for Hoyer UK and Suckling Transport, transport firms employed by Shell to deliver fuel to its forecourts across the UK.
'Responsible actions'
The prime minister's spokesperson said: "We believe that this strike is unnecessary and we would want to ensure that nothing was done that inconvenienced the public.
I hope that by involving Acas we can avoid industrial action
Bernie Holloway, Hoyer UK
"But the most responsible thing the public can do is to continue to buy as normal."
The Department for Business, Enterprise and Regulatory Reform (BERR) estimated that Shell accounted for about one-in-10 filling stations in the UK and that it was "inevitable" some of them would run out of fuel.
Shell is understood to have a dedicated team working to minimise any disruption by maximising stocks of fuel and prioritising deliveries.
A series of measures was enacted by the government last Friday to allow companies to work together in order to get fuel to where its needed in the event of a strike, while remaining within the scope of competition law, BERR said.
Offer rejected
In an attempt to resolve the dispute, representatives from the Unite union are due to meet the two transport firms on Wednesday in an attempt to resolve the dispute.
The union is calling for a minimum wage of £36,000 a year, about £2,000 more than drivers are currently paid.
Pay talks between the two sides broke down last week.
Drivers have rejected an improved offer of a 6.8% pay rise, which would have increased drivers' average salaries from £36,500 to around £39,000 a year.
Hoyer UK estimates that that if drivers had accepted that latest offer, their average pay would have increased by a third over the past five years.
Intervention
The talks due to begin on Wednesday will involve the arbitration and conciliation service, Acas, for the first time.
"I hope that by involving Acas we can avoid industrial action," said Bernie Holloway from Hoyer UK.
The Unite union renewed its insistence that Shell should intervene to resolve the dispute.
"What you have to remember is that Shell make £1.3bn per month. This dispute could be resolved for a mere £100,000 per month - less than £1m a year," said Len McCluskey, Unite's assistant general secretary.
"It doesn't even register on the scale of Shell's profits and we're calling on Shell to accept their responsibility so that the British public are not put to an inconvenience," he said.
In a statement, Shell said it "urged both parties to find a way through their differences".
- Aug 7, 2003
- 8,090
Blimey! It was about €1.03 in October 2006, when it was about 95p here. I made an assumption that it had gone up a bit, but can you imagine the MOANING in this country if our diesel had shot up 60% in 18 months!
looney
Banned
- Jul 7, 2003
- 15,652
Looney, have you had a lobotomy? You seem far more rational and calmer these days
No I give free labotomies as I hoped my new avatar would indicate.
Would you like one?
Tom Bombadil
Well-known member
Tshh, tshh Looney - The Conservatives introduced the fuel escalator as you well know. Anyway you seem to be on here a lot lately - given up masturbating like a monkey to Neocon GunsnAmmo quarterly?
Man of Harveys
Well-known member
Global demand for diesel has been flying up recently - as well as increased automotive use, I believe they also still use widely in small generators in developing countries etc. Bear in mind also that the sulphur content keeps being cut in diesel as well and spec tightening always pushes the price up and makes it more expensive to refine.
That's the best I can do after four ERDINGERS.
Man of Harveys
Well-known member
My thin what?your thin I take it?
Man of Harveys
Well-known member
interesting document there, if a odd quote to pull out. there's a fair number more than 430 traders out there, presumably "participants" means members of the market conducting the actual trades? isnt there possibly a slight problem with the commission having to react if it thinks something iffy is going on, but relucant to do so?
Would you agree that underlying oil demand is still below supply and the growth is at a steady pace which is far below the price growth - ie demand has not risen 100% in the last year nor is it predicted to in the next. how does the current price tie in with increased supply potentially coming from uneconomic fields? I just see the mainstream news on the subject but this is the picture i get.
I just wont to know when the top is so i can short it.
No, fair enough but oof, that's a lot to answer - and I really truthfully can't hack it right now. Any signs of the bubble bursting and I'll post it in this thread, promise.