petrol prices

Third Opinion · 9 May 2008 at 08:51

[TW]Fox;11652243 said:
Can't really say its making any difference to my car habits at all. When I decided to buy a somewhat thirsty car I did projected running costs based on fuel up to and including £3 a litre. It will take £4-5 a litre before it changes my usage habits.

LOL, you really sat there doing all those calculations? Fair play to you. I bet many don't however.

[TW]Fox · 9 May 2008 at 08:53

Third Opinion said:
LOL, you really sat there doing all those calculations? Fair play to you. I bet many don't however.

I didnt want to spend what to me was a large amount of money on something which, in a few years time, I could potentially be unable to afford to keep. So it just seemed sensible.

DiG · 9 May 2008 at 10:31

Isn't the idea (apart from earning the govt. lots of money) of high duty to encourage alternative fuels, ie now its so high manufactorers get more demand for alterntive cars, so we see more of them. I mean it sucks now, I'm about to buy my first car if things carry on like this I won't be able to, but I am looking into LPG and things like that. If petrol cost 99.9 still I wouldn't bother

MrFunex · 9 May 2008 at 11:33

In the last 3 months since owning my current car, diesel prices from the station I use have gone from 107.9 to 121.9p/litre (I know it's sad, but I keep track of stuff like this!). That's from the cheapest petrol station near me in Southampton. It's getting a little silly.

!bluetonic! · 9 May 2008 at 12:25

DiG said:
Isn't the idea (apart from earning the govt. lots of money) of high duty to encourage alternative fuels

Vegetable oil as an alternative fuel has shot up in price. People running their diesels on straight veggie oil won't see much benefit.

Any alternative fuel that comes along will have an environmental impact. From R&D, to manufacturing, to us buying the thing and disposing of our current cars.

I'm not in a position to give up my car just yet, but home working may be a good option.

brakeinup · 9 May 2008 at 12:26

I know I have referred to a page from the following site before, but it has a stack of reports about energy projects. It is worth a look if you are interested.

For example: VW to Sell 238mpg, 650lb Carbon Fiber “1L” Diesel in 2010

http://www.nextenergynews.com/

Some of the projects in there make me wonder if it is pure science fiction sometimes.

Muffin` · 9 May 2008 at 12:33

brakeinup said:
I know I have referred to a page from the following site before, but it has a stack of reports about energy projects. It is worth a look if you are interested.

For example: VW to Sell 238mpg, 650lb Carbon Fiber “1L” Diesel in 2010

http://www.nextenergynews.com/

Some of the projects in there make me wonder if it is pure science fiction sometimes.

I remember seeing website links to cars from the 40's-50's capable of 300 mpg + but were never used, just the few photos of them. Possible the oil companies buying it and shelving it. Would be good to see the links again.

TONY · 9 May 2008 at 12:42

A mate of mine works on a ship that travels the world searching for new oil deposits, he seemed very confident that there is plenty of oil out there and it was just a matter of time before technology would allow us to start getting at it. I didn't ask him what he mean't by that but I asume he was taking about getting oil from the deepest parts of the oceans, I just hope that it's sooner rather than later with countries like China and India wanting more and more our fuel prices will not stabalise until there is plenty to go around.

clv101 · 9 May 2008 at 12:59

TONY said:
A mate of mine works on a ship that travels the world searching for new oil deposits, he seemed very confident that there is plenty of oil out there and it was just a matter of time before technology would allow us to start getting at it. I didn't ask him what he mean't by that but I asume he was taking about getting oil from the deepest parts of the oceans, I just hope that it's sooner rather than later with countries like China and India wanting more and more our fuel prices will not stabalise until there is plenty to go around.

We need all the new oil we can get our hands on - and more - just to maintain production levels, let alone grow them. If we didn't discover and bring into production new oil, next year supply would be around 8% lower! What has been essentially impossible over the last three years is to grow oil supply, hence to massive ramp up in prices.

Muffin` · 9 May 2008 at 13:02

Would rather it be on shareholders expeneses

Mind, large capacity german saloon are looking very tempting

teaboy5 · 9 May 2008 at 13:58

Berger said:
Yup, the costs are just passed onto the people who hire us, and as we are hired by a company which is certain to not go bust, its pretty safe.

And since companys who are in competition with us do exactly the same processes as we do, their fuel costs will be the same!

No job is safe at all.

Its funny how the same people are on here moaning, but where laughing at me when i said this would happen.

If theres one thing that i cant stand is people that think its doesn't affect them because they dont have a car or dont pay for their fuel.

Trust me, its effects everyone.

Take this for one very small example

I have a m8 who farms, and he now uses 1400 a week on fuel. That used to be 500

Berger · 9 May 2008 at 15:50

Well gee what am i going to do then!

Cant do anything can I!

So i might as well forget about it since its out of my hands.

Fuel cost hasnt risen by nearly 200% so dont know how your friends spending so much more on fuel, its gone up maybe 25-30% over the last 18 months or so.

And ive got two cars and put my own fuel in those so stfu :rolleyes:

Simon · 9 May 2008 at 16:02

teaboy5 said:
I have a m8 who farms, and he now uses 1400 a week on fuel. That used to be 500

How much is his crop worth now?

Attu90 · 9 May 2008 at 16:18

When I first started driving I was paying about 70p a gallon (yep gallon) and I remember every one moaning when it went to £1 a gallon, I don't think it was long after than they priced it per Lt probably to make it look less expensive than it really was, I wonder how long it is before were priced per 500ml.

teaboy5 · 9 May 2008 at 16:56

Simon said:
How much is his crop worth now?

he is a farm contractor, so doesn't own a crop. But no not all farmers crops are up in price.

Also the price of keeping and running for example a daily farm has went up, but the price they get for the milk hasn't

Muffin` · 9 May 2008 at 17:30

teaboy5 said:
but the price they get for the milk hasn't

Then that’s an issue for the government bodies to deal with, supermarkets and purchasing from farmers is notorious. Nothing to do with oil price. And when was it £500 over £1400 - in the '70s?

Third Opinion · 9 May 2008 at 17:41

Muffin` said:
Then that’s an issue for the government bodies to deal with, supermarkets and purchasing from farmers is notorious. Nothing to do with oil price. And when was it £500 over £1400 - in the '70s?

Doesn't help all our farmers have to abide by stringent rules and practices in farming yet we can buy in low quality product at a fraction of the cost from asia who don't have to abide by anything.

There again the Government wont do anything as it is another way to fudge the inflation figures

Bear · 9 May 2008 at 18:00

teaboy5 said:
Its funny how the same people are on here moaning, but where laughing at me when i said this would happen.

Im pretty sure peoplle were laughing at you because of the type of person you are not what you were saying as it was pretty inevitable sooner or later. As I said then and I'll say it now, I still couldnt care less.

Bear · 9 May 2008 at 18:05

Third Opinion said:
Doesn't help all our farmers have to abide by stringent rules and practices in farming yet we can buy in low quality product at a fraction of the cost from asia who don't have to abide by anything.

There again the Government wont do anything as it is another way to fudge the inflation figures

Dont you mean our farmers have to abide buy rules and practices to benefit from the EUs protectionist behaviour, all the while the EU customer has to pay more for a product because of it and African farmers go broke because the EU is selling their produce to Africans undercutting their local farmers because the produce was partly subsidised by EU funding ?

The_Dark_Side · 9 May 2008 at 20:15

clv101 said:
I world recession is all but gauranteed. We've had a world recession whenever the world expenditure on oil has risen above 4% of world GDP, it's typically in the 1-3% range. At $120 it's around 8% of world GDP.

Your posts worry me.

I wonder how long it will be before the polar cap isn't treated with such respect and drilling is allowed.