Unfolding fuel protest.

I live not far from Stanlow. I wonder what the atmosphere is like there!

Not going to achieve anything unless it garners huge public support though, maybe then the Government might take some notice.
 
There'd be better off making a power station run on petrol than 'subsidise' it on a forecourt, what planet are you on if you think oil companies need to use petrol and diesel as some sort of loss leader :confused:

OPEC determine oil prices, oil companies just get it out the ground, for them to make no more profit would require the extraction costs to also shoot up through the roof aswell which would achieve nothing and make further barriers against the price of a barrel coming down again. So in my book there more than welcome to take the extra cash and throw it at R&D into extraction methods or finding more oil fields.
 
damn, anyone want to go protest at grangemouth?


i feel a bit of banner waving and slogan shouting coming on,
 
Gillywibble said:
Because the end result is a profit and this is weighed carefully in their forecasts.
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How is the end result of selling retail fuel at less than cost price a profit - the only scenario I can think of is that where the competition are driven out of the market by the supplier with the lowest costs, which then creates barriers to entry preventing new entrants leaving them with the entire market to themselves and freedom to set new price at whatever level they chose.

Which would, of course, be awesome. Not.
 
A potential strike, higher fuel prices and now a protest! More panic buying again and higher prices no doubt.

Something tells me its been planned to keep raking in cash for the government because they have such a huge defecit.
 
zain said:
A potential strike, higher fuel prices and now a protest! More panic buying again and higher prices no doubt.

Something tells me its been planned to keep raking in cash for the government because they have such a huge defecit.
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scary thing is thats probably true,

typical government screwing us as a cash cow
 
Price of fuel is killing a lot of companys who run trucks. When you have to fill a 400 litre tank every three days and your on a 30 day pay from your contractors... your screwed!
 
Gillywibble said:
So there isn't a monopoly on the price of fuel? Thank goodness for that.
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I had an interesting conversation today about fuel prices. I filled the car up at a Total station, and as the price situatin is a bit of a hot topic I made idle banter about it to the sales girl. She told me that every week the BP station "up the road" phoned them to ask what they were selling fuel at so they could add 1p to the price.

What's that all about?
 
The_Dark_Side said:
I had an interesting conversation today about fuel prices. I filled the car up at a Total station, and as the price situatin is a bit of a hot topic I made idle banter about it to the sales girl. She told me that every week the BP station "up the road" phoned them to ask what they were selling fuel at so they could add 1p to the price.

What's that all about?
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HaHa sounds about right. Those who knew Junction 41 of the M1 will know theres a BP petrol station a couple of hundread yards up the A650. Another 200 yards further up is an Esso station.

Which is always, and i mean always, 1p a litre cheaper. BP always seems to be 1p a litre more expensive than the competition. the BP petrol statios were like this when i lived in leicester too.
 
So peopel are complaining to fuel companies again about the rising cost of fuel, when its the government that takes the majority of the cash, brilliant. No point in trying to make the fuel companies drop their prices, as the government will just put the tax up to complensate.
 
Why doesn't everyone (including the oil companies) give all their money to the Government? That way we can all live happily ever after as they hand it out to lazy ******* who can't be ***** to work.

I would happily pay £10 per litre if it was to pour over Gordon Brown before striking a match!
 
In reality most people don't care enough about the current price of fuel to go out of their way and do something about it, be it protest, write to the government or whatever.
 
The_Dark_Side said:
I had an interesting conversation today about fuel prices. I filled the car up at a Total station, and as the price situatin is a bit of a hot topic I made idle banter about it to the sales girl. She told me that every week the BP station "up the road" phoned them to ask what they were selling fuel at so they could add 1p to the price.

What's that all about?
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Perhaps someone should let the OFT know about these cartels...
 
jamoor said:
Opec are to blame entirely.
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Yeah, damn those towelheads.

Opec doesn't produce all the world's oil, and they don't set the price on the market. The $120 per barrel price is there because people have been speculating in the market. Demand and supply are currently quite close, there's no simple reason why the price has skyrocketed.

Opec can attempt to control the price by pumping more or less oil out of the ground, but it's not entirely down to them.
 
big_white_dog84 said:
The margin at the petrol station is slim to nil. The margin at the refinery is massive.
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Pardon? How on earth do high oil prices make bigger profits at refinaries.

Refinaries buy oil and output processed products including fuel. The only place that makes the money is the upstream area of the business where they are taking the oil out of the ground and selling it to places like refinaries.
 
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