Soldato
1.59 here.... a Gallon 
Fuel prices
- Thread starter Sankari
- Start date
Soldato
With oil prices at an all time low it should be under a £ a litre however due to petrol stations not selling enough the prices are kept high.
An excellent reason to switch to electric.
An excellent reason to switch to electric.
Morrison’s are now offering unleaded at under £1/l and diesel at £104/l : https://www.hotukdeals.com/deals/morrisons-petroldiesel-price-cut-3460704
^Petrol prices aren't being kept 'high' though; relative to recent history they are low; in fact ignoring a short-lived dip in early 2016 they are the lowest since the financial crisis in 2008 (and tax has increased since then) i.e. since Electric cars really became a viable option. So not sure that gives the reason to switch to electric, even if we might have expected prices to drop futher based on crude prices.
In other words, if people didn't switch to electric when it was £1.40/L, why would they switch when it is £1/L, all else being equal?
In other words, if people didn't switch to electric when it was £1.40/L, why would they switch when it is £1/L, all else being equal?
Soldato
Yes, just heard about this on the radio, 99.7p for unleaded.
Soldato
So the petrol station is making too much profit?
![[TW]Fox](/data/man-of-honor/2009.png){kind=avatar}
Fuel at the lowest it's been in real terms for more than 20 years is an excellent reason to switch to electric? Interesting logic.
Soldato
I think what jamoor was saying is that due to inefficiencies in the system (i.e. wholesale prices are not immediately passed onto consumers) electric is 'better'. There are examples of electricity suppliers who have dynamic pricing that can pass on wholesale costs of electricity on to consumers on an hourly basis.
Seems Tesco have cut their prices now too, with 99.9p cap for unleaded and 105.9p for diesel. Tend to fill up with Tesco Momentum as there's one local and I pass another on the commute, not that I'm using much these days. Noticed Momentum always used to be around 5ppl more than standard, over the last few months the gap has been steadily increasing.
Soldato
Asda had theirs at 99.7p yesterday.
Yeah not many miles being put on the car currently! Think we last filled up middle of March and have just gone under half a tank yesterday.
Yeah not many miles being put on the car currently! Think we last filled up middle of March and have just gone under half a tank yesterday.
Soldato
To me the logic was clocking 10k in my electric car and it only costing £400 in electricity, that’s a good deal!!
Soldato
i think at times octopus has free electricity or even pays you to take it off the grid somehow, so you can charge your car battery at that time.
I’m not sure if they are a good deal otherwise though.
It would cost me a lot more than that saving to swap to electric however - one of the biggest hurdles with electric cars at the moment.
Soldato
For me the cost was slightly more than my 2011 car. The saving in fuel paid for the fixed costs of the car, it then got even better when the road tax was reduced to nil after I bought it.
Soldato
Or just go to Costco where it has been 99.9 for weeks.