Fuel price discussion thread (was ‘chaos’)

Dis86 said:
All those talking about them cutting tax on the fuel to reduce the cost...remember when the government cut the duty? Yeah...that wasn't passed on to the public. The retailers just took that as profit.
Click to expand...
I honestly never saw any reduction and I normally fill up at least once every 2 weeks, sometimes weekly. I know I've mentioned it previously, but people I my work may not be able to afford to go home every week. Its now more economical to get a train at £110 return a week.... madness.
 
Dis86 said:
All those talking about them cutting tax on the fuel to reduce the cost...remember when the government cut the duty? Yeah...that wasn't passed on to the public. The retailers just took that as profit.
Click to expand...

Yup, the forecourt prices didn't drop a penny.
 
lemonkettaz said:
I honestly never saw any reduction and I normally fill up at least once every 2 weeks, sometimes weekly. I know I've mentioned it previously, but people I my work may not be able to afford to go home every week. Its now more economical to get a train at £110 return a week.... madness.
Click to expand...

It's nuts. I had my staff call a meeting with me earlier in the week pleading for a payrise as its costing a lot of them nearly £100 a month more to get to work.
 
Problem with the duty cut was it was too small and stations already had fuel in their tanks so they wouldn't reduce the 5p until their next delivery or they'd be selling at a loss. Some was passed on but not all and then prices started rising again which wiped it out anyway.
 
arjgrundy said:
Costing a fortune! Time to sell my pride and joy Golf R ?!
Click to expand...

I'm realising I'm close to the point with my pickup where the fuel cost of using it on journeys where it isn't needed as a pickup would cover much of the finance on something with high fuel efficiency and the fuel use of using it for those journeys (though adding in insurance would bring it up above current outgoings)... a serious consideration as at least the money wouldn't just be pumping out the exhaust pipe :s
 
Rroff said:
I'm realising I'm close to the point with my pickup where the fuel cost of using it on journeys where it isn't needed as a pickup would cover much of the finance on something with high fuel efficiency and the fuel use of using it for those journeys (though adding in insurance would bring it up above current outgoings)... a serious consideration as at least the money wouldn't just be pumping out the exhaust pipe :s
Click to expand...

Crazy times at the minute. Mother has switched to electric, just don't want to go down that route at the minute!
 
Richie said:
Also remember that the oil market and petrol/diesel market is done in USD.
Click to expand...
exactly - still haven't seen any decent analysis that shows
what the delay is between the crude being purchased and then being refined and distributed , so distributor could be selling petrol from oil purchased weeks before,
there is then whether the forecourt is selling petrol from a tank filled several days ago,
duties only payed when the petrol arrives at the forecourt, so the 5p reduction wouldn't occur until forecourt was refilled.

BP distributor as reported on r4pm said they passed on the duty reduction on deliveries to forecourts from the next day (or did it cut in at 6pm)
 
200sols said:
ICE car market about to crash.
Click to expand...
I’ve been noticing more and more long queues at fast charge points in motorway services, I dont hang around to see how long people are generally waiting but it looks painful.

I guess my point is, I see the shift but the facilities aren't setup for it quite yet.
 
shifty_uk said:
I’ve been noticing more and more long queues at fast charge points in motorway services, I dont hang around to see how long people are generally waiting but it looks painful.

I guess my point is, I see the shift but the facilities aren't setup for it quite yet.
Click to expand...

Yeah facilities aren't there yet but home charging is viable for most. Govt will have to rush through pay per mile or something else to avoid losing the tax revenue.
 
Oh yes, I’ve been meaning to look into that.. at what point are the government going to slap a hefty tax on charging points or is this still an unknown?
 
Also worth noting that since the 5p cut in duty the price has gone up enough that the reduction in duty has been more than offset by the increased revenue from VAT and total per litre is higher than it was before the cut.
 
ICE prices may drop, but not hugely, most can’t afford a new or even used electric car. The fuel hikes will kill diesel off 1st I guess.
 
shifty_uk said:
Oh yes, I’ve been meaning to look into that.. at what point are the government going to slap a hefty tax on charging points or is this still an unknown?
Click to expand...
There has been a 20% tax on public EV charging for over a year.
Yes it’s not at the levels of fuel duty, but it’s not nothing either.

Also current tax for vehicles is based on pollution output and 45% of UK energy comes from renewables, and this is increasing every year.
 
It will be interesting to see where fuel prices end up, surely the government are going to have to further slash fuel duty.

Shell V Power Unleaded is about 190.9 around here at present. I don't mind paying more as my car is a source of enjoyment, but if it was just for transport, I'd be annoyed.

Soaring electricity prices are going to cause issues when it comes to charging EV's too. What are people's approximate costs to charge 70% of an EV battery overnight, on average? Assuming it's a 250+ mile range.
 
Robbo said:
Soaring electricity prices are going to cause issues when it comes to charging EV's too. What are people's approximate costs to charge 70% of an EV battery overnight, on average? Assuming it's a 250+ mile range.
Click to expand...
Most savvy EV owners are on fixed off-peak overnight charging rates.
For me, 600 miles of range costs £15.

0-70% costs £4.20, for about 170 miles
 
Last edited:
MissChief said:
My buying of a 245PS 2.0 turbo in July last year is looking more and more foolish as each day goes past!
Click to expand...
I know the feeling. Probably like most people in here, we work damn hard and enjoy our motors, but seeing the price creeping up nearly weekly for me at the pump, seriously considering changing
 
You must log in or register to reply here.
Back
Top Bottom