99.9p a litre coming to an ASDA store near you

mrk said:
Engine feels smoother on super and gets a few extra mpg per tank.
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I'd be very interested to see if you can tell the difference if the garage were to fill the super tank with 95 and sell it to you as "super".

I firmly believe this is in people's heads.
 
Jez said:
I'd be very interested to see if you can tell the difference if the garage were to fill the super tank with 95 and sell it to you as "super".

I firmly believe this is in people's heads.
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All I can tell you is that on low revs the car feels and sounds smoother with around quarter throttle movements in 1st 2nd and 3rd and returns a few extra MPG average on a tank, the manual also says the knock sensor adjusts for high octane fuel and should be filled with it by preference to get rated economy and (lack of har har har 318 joke) performance.

£3 difference between a tank of normal vs super as well so not TOO bad at all.
 
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All the local stations round here are 102.9 for unleaded.

Should I make the 20 mile round trip (nearest Asda) to save money?

Fair play to Asda though, will wait to see if Morrisons/Tesco reduce their prices.
 
amigafan2003 said:
I believe you are confusing the oil companies with the British government.



Whether this is a simple answer depends on your understanding of market forces and suspect futures trading practices.

The $10 a barrel rise over the last week is attributable to one rogue trader buying a hell of a lot of oil futures - this caused other brokers to think something was about to happen (i.e. a political event - war etc, which would lead to an increase in demand) and they jumped on the bandwagon too, driving the price up. When it was figured out that this trader acted on no such information, this dropped the price of oil back to $60 a barrel and lost his employer (PVM) £6million in the process.

This will also have a knock on effect in a few months time (when the 3 month futures get pumped/delivered) - they'll be a glut of oil, creating oversupply so there will likely be a drop in price as well. This is why there is talk of banning futures trading in oil.

As far as the oil price increase since the beginning of the year - the increase from $31 a barrel to around $70 is a result of the optimism that has grown for an economic recovery and therefore a rise in energy demand. This rise really is down to simple supply and demand.
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Question-
If the oil jumped to $150 tomorrow and remained there for two weeks, do you think the prices at the pumps will jump immediatley or after a few months?
 
I suppose one advantage to living in the West Midlands is that there is a huge variety of super markets and fuel stations to choose from.
 
Jez said:
I'd be very interested to see if you can tell the difference if the garage were to fill the super tank with 95 and sell it to you as "super".

I firmly believe this is in people's heads.
Click to expand...

I can tell the difference
 
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