Fuel up/down again

[Duke]

Wonder where the mystery 5p difference between petrol and dagdag went to. Petrol to drop again soon?

 

[snips86x]

99.9 for both here...

 

[MooMoo444]

All this price slashing just gives George a reason to put a few more pence tax on it tbh.

 

[Evo8]

One of my cars only takes V-Power Nitro+ so I'll need to keep buying it. My daily gets the regular Shell stuff though which I paid 102.9p for today. It was 99.9p at Tesco but I prefer to use Shell.

 

[Robbo]

99.9 for both here...

Same here. Not bad at all.

 

[tom_e]

I'm sure it was about 107p for V Power when I filled the bike up the other day.

 

[snips86x]

I'm sure it was about 107p for V Power when I filled the bike up the other day.

I paid 104.9 when I last filled up with high octane.

 

[Duke]

$34 a barrel today

http://www.bbc.co.uk/news/business/market_data/commodities/143908/one_month.stm

 

[roadie]

But that's oil. Let me know when the cost of fuel drops again.

 

[Jono]

£1.01 for Esso diseasel last night.

 

[Simon]

Pound is also very weak against dollar

 

[muon]

But that's oil. Let me know when the cost of fuel drops again.

Unlikely to see petrol drop that much more. The $100 to $40 drop was very visible at the pumps.

Now a few dollars movement is't anywhere near as dramatic.

 

[RoboCod]

97p for diesel here.

 

[wez130]

97p for diesel here.

Where's here?

Paid 99.7 for diesel yesterday in Teesside, it's the same in Workington too.

Still bloody expensive after paying 30p odd a litre in NZ!

 

[RSR]

1.109 for Shell vPower Nitro+ from my local Shell today.

 

[LeeUK]

99.7p ASDA
104.9p SHELL
101.9p JET

 

[Duke]

Oil now down to $30 following news that Iran is going to start flooding the market as well.

A few more pence off the pump coming over the next few weeks / months.

 

[muon]

1.109 for Shell vPower Nitro+ from my local Shell today.

Think about how much more the margin is on that.

I think more petrol stations need to start relying on their brand.

Shell Regular - £1.019
Shell VPower Nitro+ - £1.109

Remove VAT to both and you get

84.9p and 92.4p.

Then remove fuel duty at 58.0p and you get

26.9p and 34.4p.

I don't know what Shell pay for the underlying petrol and distribution network, but the Vpower gets them so much more money.

As we've seen, people are willing to pay the extra. Probably largely because as a percentage it doesn't look like much if duty+vat is included.

 

[acemastr]

$1.81 a gallon

 

[cadmunkey]

A few more pence off the pump coming over the next few weeks / months.

My local just snuck his price up 1.5p yesterday.