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Has anyone noticed how much petrol has gone up with diesel remaing static in a few outlets around the Leeds area petrol is now dearer than diesel and many have it at the same price.Having just come back from Germany where fuel prices have dropped since their usual easter rise and in Holland where diesel was 102 cents a litre why the increase in the UK? I suppose its the same as why has my iceberg lettuce gone up from 69p to 99p at Morrisons in a month I think greed is the answer.
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Oil priced in dollars.
Pound at a 10-year (or even more) high against the dollar.
Big reductions in petrol / diesel prices at the pumps ?
Er.........NO.
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Someone here can probably tell us how much of the price of a 95p litre goes on raw materials - i.e. crude oil - but I doubt it's more than about 20p. The pound has gone up by about 5 per cent against the dollar recently, so you might expect that to affect the pump price by about 1p. Distribution costs and seasonal supply-and-demand factors must greatly outweight that.
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Sounds like a big incentive to stop buying that horrible iceberg lettuce, AB! Rocket, endive, radicchio, etc?
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Has anyone noticed how much petrol has gone up with diesel remaing static
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This is good to hear as the price of diesel was always a rip off considering the cost of producing it from crude oil compared with petrol.
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im in the midlands and the average price of a litre of unleaded is about 95.9 pence a litre and no one is complaining, is this apathy or what?
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By gum, it's about time we did something about this. Well, replace "we" with "someone else"...
I really rather enjoyed the last fuel protest, but then I didn't drive at the time! ;-)
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Do I remember correctly that at the last Budget the C of the E increased fuel duty by 2p per litre, to be introduced later this year? Or am I just imagining it?
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The prices of unleaded and diesel tend to equalise during the summer and widen during the winter. This is due to additional demand for diesel for heating during winter and the fact that refineries can't just alter the proportion of diesel : petrol.
When the price of oil goes up, pump prices rise. The high value of the £ against the $ should make oil products cheaper, reducing pump prices - the oil companies think we don't notice !!
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I'm sure it's gone up 10p in the last few months now - 93.9 now even at the Supermarkets
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Actually, what I like is the way the Chancellor announces a 2p rise to be added in September - but the oil companies put the price up the next day!
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oil companies will tell you that the price is reflected on the options they took out months ago and that this is the cost they paid for it. Amazing how things go up straight away but take tmie to fall back
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The latest excuse I heard was that although oil is priced in dollars and the doolar has been weakening, the rise in petrol prices is due to a shortage of refining capacity. The exploding BP in the US plant might have something to do with this.
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Do these wide fluctuations occur in the rest of Europe and does the difference between the cost of diesel and petrol change as often as it does in the UK?
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"Do these wide fluctuations occur in the rest of Europe and does the difference between the cost of diesel and petrol change as often as it does in the UK?"
Yes, here in Spain diesel virtually tracks UK prices, but on a euro-for-pound basis - filled yesterday at 0.938 euro per litre. A month ago it was 0.909 - Feb 0.888 - last Aug 1.008 (and we've been having - relatively - awful weather since before Easter; so don't think that's a factor).
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"Do these wide fluctuations occur in the rest of Europe and does the difference between the cost of diesel and petrol change as often as it does in the UK?" Yes here in Spain diesel virtually tracks UK prices but on a euro-for-pound basis - filled yesterday at 0.938 euro per litre. A month ago it was 0.909 - Feb 0.888 - last Aug 1.008 (and we've been having - relatively - awful weather since before Easter; so don't think that's a factor).
So that is a maxmum difference of about about 0.12 euros, which is a much smaller fluctuation than we have had here.
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I suppose its the same as why has my iceberg lettuce gone up from 69p to 99p at Morrisons in a month I think greed is the answer.
I imagine that price rise is more to do with exceptional demand due to the unseasonably warm weather and limited supply...
Peter
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so why is Tesco at Sunbury on Thames diesel 96.9, and 5 miles away at Brooklands, Weybridge it 93.9 that s a big difference filling up an Espace with the same co, how come
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Demand pricing - the economics by which the western world , plus China, thrives.
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I find supermarkets charge more in affluent areas than less affluent areas (sometimes varies by 3 or 4 pence a litre). More to do with a "they've got money, they'll pay whatever we charge" attitude than a variation in demand for fuel.
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Saw my first £1 a litre today - 100.9p for unleaded, diesel was only 95.9p! Gargrave near Skipton.
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Why has fuel jumped almost 13p a litre since the budget? Weird, but I though the Chancellor had only mentioned about the 2p 'freeze' going on in September.If Energy suppliers are cutting costs,why is fuel going the other way?
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>>part of the reason? maybe
It's probably not helping matters - our local purveyor of Silicone added petrol is now 1 or 2 pence dearer than the competition a couple of miles away.
Time was when they'd be cheapest.
Very little helps.
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