Sweeeeet fuel prices

[5v3d3b0]

Don't know about the UK, but here in Barcelona the fuel prices are dropping like flies!
Today I payed 95 cents per litre of 95 unleaded!
5 euros was 5.26 litres!
Only 2 months ago it was 1.19 per litre. More than 20% drop

[dunc4230]

down to 90p per ltr here now
____________________
https://www.speedtest.net/result/119878199.png

https://z3.invisionfree.com/Bikers_On_Board/index.php?act=idx

[Ste]

Don't worry, there are still massive profits being made. Oil is now nearly two-thirds cheaper than it was in July, of course the savings are yet to be fully passed onto the consumer.

[ZRX61]

[5v3d3b0]

I'm talking about petrol station specific prices, not barrel prices

[MattHirst]

[s44678]

[DugieT]

[.Chris.]

Also remember that the U.S. gallon is smaller than the Imperial gallon. The U.S. gallon is about 7/8ths the size of an Imperial one.
____________________
Chris
1985 Kawasaki Z550F

[kitty kat]

about the only bloody thing they have over there that is not bigger than every other country
____________________
Enjoy everyday, tell those you love everyday you love them
Life is too short to fall out with people

[MarJay]

Fuel prices won't be "sweeeeet" until they get to be 50p a litre or less.
____________________
British beauty: Triumph Street Triple R; Loony stroker: KR1S; Track fun: GSXR750 L1; Commuter Missile: GSX-S1000F; Cheap project: CBR900RR FireBlade
Remember kids, bikes aren't like lego. You can't easily take a part from one bike and then fit it to another.

[NiteMare]

i think the first GALLON of 2star petrol i bought cost 30p (i was about 12-13 and sticking it in a Tiger Cub), then once i was old enough to be legally on the road it was something like 65-70p per gallon ...

everybody was moaning like buggery when it cleared a quid a gallon, then the government decided we had to metricate our liquid measurements, from then on it was obvious we were going to get screwed just the same as when we first decimalised our currency and started weighing everything in kilos and grammes...

i doubt anyone under the age of 35 remembers how things jumped in cost when those happened, it was only a small jump immediately but it was because the majority of the UK population had to spend time working out the conversion and an awful lot didn't manage to correctly (an awful lot still don't), as a population we were effectively slipped Rohypnol
____________________
it ain't broke...

i ain't fixed it enough

[Wafer_Thin_Ham]

[s44678]

I give it less that a month until OPEC (the C stands for c***s) announce they are going to cut production and force the price back up again.


Out of interest, if you could buy your petroleum in future bonds, would you buy a shit load now for use throughout next year?

[Itchy]

Whats OPEC got to do with it? , the bit they take is tiny compared to what the government takes.....

Oh and if the £ hadn't been trashed by the government (lowering interest rates) petrol might well be 80p a litre or less...


This however means less ££££ for the government which means government finances are going to tank even worse than they are doing so now. Which means more taxes elsewhere....


And a final triple whammy , interest rates are going to go up up and away, namely because UK government bail out plans require the sale of bonds, and to make them attractive you have to boost the interest rate which should make the £ appreciate. But kill plenty of mortgage holders....

The government is fast running out of ammo to deal with recession , we have 3% more to cut and then we have the zimbabwe option.
____________________
Spain 2008France 2007Big one 2009 We all die. The goal isn't to live forever, the goal is to create something that will. In the end, your life will flash before your eyes. Make sure it is worth watching.

[map]

Petrol prices are dropping yet the gap between petrol and diesel appears to be growing.

It's now around 15p per litre.

Discussing this there's a number of reasons...
Diesels are seen as company cars so companies can foot the bills
Was told this country has no diesel refining capability so it's all imported whereas petrol is delivered straight from the refinery
The oil companies can see a nice little markup

Anyone any other ideas, maybe even a correct one?

I've also noticed a trend for 'clean' petrol and 'clean' diesel priced, obviously , more expensive. I suspect it won't be long before the companies choose to phase out 'dirty' fuel so you can only buy the more expensire (and for some reason I suspect more profitable) 'clean' stuff.
____________________
...and the whirlwind is in the thorn trees, it's hard for thee to kick against the pricks...
Gibbs, what did Duckie look like when he was younger?

[Coxyzxr]

I honestly believe petrol priceing is one big con.

TBH 50p a litre and i'd be quite happy.
____________________
**WAS FITTED "WRONG WAY ROUND" !** CANT ACCOUNT FOR THE STUPID !

[MarJay]

Petrol prices in the UAE are absolutely shockingly high. They pay 14p!!! A litre!!!

They don't have a petrol refinery in the UAE so they ship their crude oil to Saudi for refining. Apparently in Saudi they only pay 7p a litre! Scandalous!!
____________________
British beauty: Triumph Street Triple R; Loony stroker: KR1S; Track fun: GSXR750 L1; Commuter Missile: GSX-S1000F; Cheap project: CBR900RR FireBlade
Remember kids, bikes aren't like lego. You can't easily take a part from one bike and then fit it to another.

[Wafer_Thin_Ham]

[Kickstart]

[moog]

[Coxyzxr]

[moog]

[ncrn]

If it drops below 90p a litre, good times, if it gets back down to where I started at 80 real good times. I am a bit worried that this is just a temporary drop to make it seem like prices are going down before they get hiked again.
____________________
Past: 55 Sym Jet, 91 ZZR250, 03 NSR125R. Present: 97 ER-5.
https://www.nsr125.co.uk - NSR Owners forum.

[vt6]

It's 89.9p at morrisons around here atm, it was only 79.9 when i passed my car test so i've never known v.v.cheap prices but any drop is good