Fuel up/down again

What price will $20 correlate to at the pumps?


tax is still applied at a flat rate in terms of fuel duty 58p/litre iirc then the cost of the fuel itself the retailers margin (which is bugger all really) and then add VAT on the final figure


even the duty alone is 72p/litre once you include the VAT,

I honestly don't think we will see prices dip below £1/litre as that would mean producing/supplying the fuel making a profit and adding vat at 20% for under 18p a litre, honestly don't think that's feasible.


TLDR still to dear as the government are robbing ********
 
[TW]Fox;27386734 said:
And as a result there are no UK dashcam crash compilation videos yet there are new Russian ones daily :D

Insurance companies are the reason of dashcams.

Also If you have a crash there with another car you aren't allowed to move the cars until the police turn up.
 
TLDR still to dear as the government are robbing ********

That is the opinion of the industry too, 100ppl retail will be extremely tough.

Slightly related topic;

Have you not considered using bio-diesel in your fleet? A local place to me in Oxfordshire are selling it for ~£1/litre right now to consumers in small quantities, i am sure that bulk discounts are heavy too as they make it themselves. They claim it will run in common rail engines without issue.
 
tax is still applied at a flat rate in terms of fuel duty 58p/litre iirc then ....
...then, after years of duty being frozen (falling in real terms), this decline in oil prices is the perfect time to increase duty, allowing it to catch up with inflation.
 
...then, after years of duty being frozen (falling in real terms), this decline in oil prices is the perfect time to increase duty, allowing it to catch up with inflation.

Or adhere to the spirit of tax rate harmonisation within the EU and leave it alone - we already have some of the most expensive fuels in the EU. The argument that it hasn't kept up with inflation is invalid - it should never have been as high as it was on the first place.

You of all people will know this is simply a temporary reprieve, the long term oil price trajectory is upwards. Fuel prices will be back where they were before within the medium term.
 
That is the opinion of the industry too, 100ppl retail will be extremely tough.

Slightly related topic;

Have you not considered using bio-diesel in your fleet? A local place to me in Oxfordshire are selling it for ~£1/litre right now to consumers in small quantities, i am sure that bulk discounts are heavy too as they make it themselves. They claim it will run in common rail engines without issue.




Atm were running a mix of vw 2l tdis and ford/psa 2 l tdci

Neither of which are know. For cheal to repair/replace injection systems. The fact our ford/psa diesels throw a fit when subjected to sainsburies diesel rather than bp/shell

I really miss the days of the old pug xud lumps or even the early vag 1.9s
you could lob anything in those especially the xuds including their own engine oil
 
Is it not tempting to purchase a low mileage but slightly older car with a vag 1.9 as you mention? I think a lot of the cabbies around here do this already, most Taxi's here (if not LTI London Taxi style) are usually fairly old diesels as i guess the drivers dislike hammering a newer car.

Your operational costs would be cut drastically and its not as if a Taxi customer would actually care whether their car is a brand new VW or a VW from a few years ago? Whenever i get a Taxi it doesnt cross my mind what the car is going to be.
 
Whenever i get a Taxi it doesnt cross my mind what the car is going to be.

Does me which is why I avoid them wherever possible. Pot luck as to whether somebody picks you up in a clean, modern and well kept saloon or a banger with aftermarket rimz and yet the price is the same regardless. No thanks.

1.9 TDI VAG's are all very old now.
 
It depends on the sort of runs he does I guess, a town taxi aiming at people outside pubs and bars who wish to travel 10minutes to home, it doesn't matter.

I recall him doing great big airport runs though where I suppose anything old enough to run on bad fuel isn't going to be acceptable. Mind you I would have generally thought these sort of runs would be catered for with executive transfer cars, it's surprising that people book a regular type taxi for a run like that
 
For people who pay themselves they will use a local firm. Only business users will take an exec/airport car.

Is 10p a litre really worth the savings, especially with the need to go to a crappy old car to avoid common rail technology

Plus if you live on a nice estate you wouldn't want a car more than 2 years old picking you up. What would the neighbours think
 
For people who pay themselves they will use a local firm. Only business users will take an exec/airport car.

Is 10p a litre really worth the savings, especially with the need to go to a crappy old car to avoid common rail technology

Plus if you live on a nice estate you wouldn't want a car more than 2 years old picking you up. What would the neighbours think

10p a litre savings? I used to run my Polo on 50/50 veg oil / diesel. My Brother in law ran his Merc C-Class the same way.

Veg oil is now 70p per litre. So on a 60 litre fill, at £1.18 per litre for diesel, then your looking at £56.40 to fill the tank, or 94p per litre. That's a 24p per litre saving. Okay, so it's only around £720 per year fuel saving based on a 30k year (I would assume taxi's etc would do no less than this), but a substantial enough saving just the same (around 20%).
 
10p a litre savings? I used to run my Polo on 50/50 veg oil / diesel. My Brother in law ran his Merc C-Class the same way.

Veg oil is now 70p per litre. So on a 60 litre fill, at £1.18 per litre for diesel, then your looking at £56.40 to fill the tank, or 94p per litre. That's a 24p per litre saving. Okay, so it's only around £720 per year fuel saving based on a 30k year (I would assume taxi's etc would do no less than this), but a substantial enough saving just the same (around 20%).

I was talking about bio diesel.

Veg and bio is another story and has further implications on the engine life
 
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