How comes diesel is now 10p a litre more than petrol?

fonzee · 18 Apr 2008 at 10:27

GeX said:
if supply is maxed, and demand increases then the price will increase. simple as (basic economics)

thats what i said :confused:

regardless, the government's taxation is a significant influencing factor, its not all supply fixed.

Jez · 18 Apr 2008 at 10:32

fonzee said:
thats what i said

regardless, the government's taxation is a significant influencing factor, its not all supply fixed.

This increased margin between the products is though...

MrMatteh · 18 Apr 2008 at 10:37

if there is an excess of gasoline, why have petrol prices not dropped?

Dolph · 18 Apr 2008 at 10:43

MrMatteh said:
if there is an excess of gasoline, why have petrol prices not dropped?

They may have, in that they haven't risen as much as diesel...

Rilot · 18 Apr 2008 at 10:44

In Finland where my GF is from, Diesel is about 25% cheaper than petrol at 95c per litre.

deej · 18 Apr 2008 at 10:48

Rilot said:
In Finland where my GF is from, Diesel is about 25% cheaper than petrol at 95c per litre.

I have family in both France and Holland, it's the same there, diesel is cheaper than petrol. They always moan about the price when coming to visit.

ethos · 18 Apr 2008 at 10:49

Jez said:
So no, its not petrol stations cashing in, they barely break even as it is.

I thought shell make something silly like £12.72bn profit last year? They can't sell that many kit-kats

Dolph · 18 Apr 2008 at 10:50

deej said:
I have family in both France and Holland, it's the same there, diesel is cheaper than petrol. They always moan about the price when coming to visit.

Only because they have lower taxes on diesel than petrol. We have pretty much equal (ridiculous) taxes on both.

Unluckyalf · 18 Apr 2008 at 10:50

Diesel in Australia has just shot up in price too compared to Petrol.

Diesel isnt such a big thing here either (apart from trucks and buses).

Usually only one or perhaps two pumps selling it at each Servo.

In the last 2 weeks, Diesel has gone up 17c/litre (around 8p)

Dolph · 18 Apr 2008 at 10:50

ethos said:
I thought shell make something silly like 2.2 billion pound profit last year?

How much of that was from petrol stations?

chipperhead · 18 Apr 2008 at 10:53

Unluckyalf said:
Diesel in Australia has just shot up in price too compared to Petrol.

Diesel isnt such a big thing here either (apart from trucks and buses).

Usually only one or perhaps two pumps selling it at each Servo.

In the last 2 weeks, Diesel has gone up 17c/litre (around 8p)

How much is it a litre for Petrol and Diesel in your part of the world?

Stonedofmoo · 18 Apr 2008 at 10:54

The situation isn't that great. But I'd still take a diesel for a runabout over a petrol. I only visit my local shell garage once a month and even at it's current high cost a litre of veggie oil is only 80p a litre so still cheaper than those nasty petrol engines ;-)

Rosbif · 18 Apr 2008 at 11:00

Yeah but can you really put a price on your dignity? You're forced to drive a Peugeot

Dolph · 18 Apr 2008 at 11:02

Rosbif said:
Yeah but can you really put a price on your dignity? You're forced to drive a Peugeot

That smells like a chippie and sounds like a tractor...

Simon · 18 Apr 2008 at 12:07

Jez said:
I said ages ago about this, and how it will continue to rise due the excess of gasoline. What Simon has said is true and the wholesale prices reflect this.

So no, its not petrol stations cashing in, they barely break even as it is.

1 cent per gallon of fuel sold in the USA

Simon · 18 Apr 2008 at 12:09

ethos said:
I thought shell make something silly like £12.72bn profit last year? They can't sell that many kit-kats

Oil companies make sweet FA, they use the retail as a halo product for their brand.

You would be amazed how much they make just by trading oil. The big money comes from the upstream sector, finding oil, getting it out of the ground and selling it on to refinarys

Stonedofmoo · 18 Apr 2008 at 12:10

Dolph said:
That smells like a chippie and sounds like a tractor...

Nonsense

Ezyryder · 18 Apr 2008 at 12:38

In Spain, Diesel used to be cheaper but no more it seems to me. I was there two weeks ago and it was at 119cents compared to 111cents for petrol.

Ezyryder · 18 Apr 2008 at 12:39

Stonedofmoo said:
The situation isn't that great. But I'd still take a diesel for a runabout over a petrol. I only visit my local shell garage once a month and even at it's current high cost a litre of veggie oil is only 80p a litre so still cheaper than those nasty petrol engines

Is that the agricultural one?

Nitro_Junkie · 18 Apr 2008 at 12:42

if there's excess gasoline why are we still getting raped on petrol prices then?