Fuel price discussion thread (was ‘chaos’)
- Thread starter watercooledman
- Start date
Soldato
- Joined
- 16 Aug 2009
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- 7,963
Petrols rising again wish I'd filled up last night. Damn Saudis.
Caporegime
My local place has gone up a penny every day this week!
Commissario
Yes, mine has too. I filled up nine days ago, I filled up today and was amazed it’s gone up by 9p/litre since my last fill.
Caporegime
Which makes no sense when you think about the claims the sellers make that that only put it up to cover their costs in buying wholesale. I know for a fact my local place hasn't filled up. It's a backroads station that has very limited demand.
Diesel has been increasing much every other day..
1.84/ 1.85. With spurts when you can't get any having. To forced pay higher prices
When is this going to stop ??
Getting ridiculous, something needs to happen , along with everything everything else we have to increasingly pay for
When oil costs come down they are so bloody slow at dropping the prices, it hasn't even come down imo
1.84/ 1.85. With spurts when you can't get any having. To forced pay higher prices
When is this going to stop ??
Getting ridiculous, something needs to happen , along with everything everything else we have to increasingly pay for
When oil costs come down they are so bloody slow at dropping the prices, it hasn't even come down imo
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I can’t ever see prices getting back down to their pre-covid levels and certainly not their during covid levels.
Don’t forget there is another 5p to go on in March and I expect they’ll keep adding to it as electric becomes more popular, firstly to keep the cash cow going and secondly to price older/less efficient cars off the roads so we can meet your climate change obligations.
As fuel volume sales drop, retailers will not be able to stick to that 5p/litre margin either, they’ll have to take more and more to stay afloat. That will be passed on to the customer.
Fuel sales are dropping in countries that are ahead of us in regards to EV adoption and it’s very much a sign of things to come.
Don’t forget there is another 5p to go on in March and I expect they’ll keep adding to it as electric becomes more popular, firstly to keep the cash cow going and secondly to price older/less efficient cars off the roads so we can meet your climate change obligations.
As fuel volume sales drop, retailers will not be able to stick to that 5p/litre margin either, they’ll have to take more and more to stay afloat. That will be passed on to the customer.
Fuel sales are dropping in countries that are ahead of us in regards to EV adoption and it’s very much a sign of things to come.
Soldato
Meaning the poorer section of society gets hit more again i.e. those that cannot afford an EV
Permabanned
And businesses, my boss still has to fill up my van.
Soldato
And how do you top up your eV car? That's right. With electricity and how's the prices of electricity these days?
..
Soldato
- Joined
- 28 Nov 2005
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- 12,999
It's like 20-30p more for diesel at the minute in relation to petrol....
I don’t get your point? All I said was that pre covid prices will never be seen again for petrol and diesel and they are set to rise further.
The same will probably be true with electric too although there are ways and means to get that bill down by making your own if you have the money to invest.
Higher upfront costs vs lower running costs if you can charge at home. It’s not that clear cut. I wouldn’t take that much stock in the market right now, there are very few used EVs out there, particularly that are > 5 years old. Those that exist are generally higher priced cars that those people wouldn’t be buying used.
The market will look very different come 2040 when most cars < 8 years old will be electric.
Depends on the business, economics strongly drives those decisions, particularly if the vans are not used day and night. A company like Royal Mail would have saved a fortune if they started electrifying their fleet earlier. Suitable vans for a big chunk of their fleet have been around for quite a few years at this point.
Was on holiday in Devon last week and one evening drove past Sainsbury's at 1.59 ppl (petrol). Thought, "I'll wait till the morning" and duly drove to the pumps to see that it had gone up to 1.61 overnight. Grumble, grumble. However, upon reaching home (lincoln), cheapest I could get from supermarkets was 1.71!
Permabanned
We are a small family run business and we provide service to garages all over the country. This morning I’m down in Cornwall, on Thursday I was in Birmingham. I do 30,000+ a year, we have 3 other vans doing that and more. We can’t just change to electric it’s not practical.
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I never said it was for everyone
, I just said the decision making process for a business is very different to that of a consumer.In reality, people regularly trailing up and down the country is very much in the minority. Most do a lot of miles in a local area and return to a fixed location at night.
At the end of the day, it’s all about the fleet economics. Even if you only reduced the total cost of ownership by £1k per van, when you’ve got thousands or even tens of thousands of vehicles in your fleet (E.g. RM, BT, DPD etc.) the cost reductions on the business are significant.
You can also then engage with the greenwashing agenda and big business loves a good marketing opportunity.
Anyway we are getting well off topic and I didn’t intend for this to turn into some kind of electric vs ICE discussion.
I was merely point out that as people stop buying diesel and petrol cars, the retailers will have to take more margin to keep the business afloat as the volume of fuel sold drops. This is likely to be the long term trend, not something we are going to see immediately.
Soldato
That's fine for companies where they keep their vans at HQ overnight but a lot of places their employees take vans home with them.