What is life like with your car? Let us know and win £500 in John Lewis vouchers | No thanks
Why are petrol prices dropping when diesel prices aren't?
I buy most of my diesel at a Shell garage on the A30 here in Cornwall. Last week the petrol price fell to 130.9p, whilst the diesel price is 140.9p. What is going on?
Asked on 3 October 2012 by TB, Padstow
Answered by
Honest John
Supply and demand. Using existing refinery technology, only a limited proportion of each barrel of crude can be refined into diesel. In winter, because diesel is basically the same as heating oil, demand increases against supply and so the price goes up. Expensive refining technology could be used to refine more of the barrel into diesel, but that would put up the price.
Tags:
petrol stations
fuel prices
Similar questions
I recently purchased diesel fuel from Messrs Road Chef via their Strensham North outlet located upon the M5 at £1.439 per litre. Incidentally the fuel purchased was 10.01 litres, which at £1.439 should...
This is a question to you and your readers. I have noticed recently that it seems to be impossible to put the desired amount (by price) of diesel into my vehicle at more than one local filling station....
I thought I would try Shell V-Power diesel. At a Shell Garage I saw a logo in red with a V-Power sign on it and filled up from the pump showing the red V sign. This was the only one on the forecourt....
.jpg)
