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Peter_L
Joined: 10 Apr 2008 Posts: 2680 Location: New Brunswick. Canada.
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Posted: Mon Apr 20, 2020 11:22 pm Post subject: Would anyone have ever put a bet on this happening ? |
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April 20 2020.
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ukdave2002
Joined: 23 Nov 2007 Posts: 4104 Location: South Cheshire
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Posted: Mon Apr 20, 2020 11:53 pm Post subject: |
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Nope, however for me its great We have oil heating, so our heating costs have more than halved from where they were 3 months ago, ...just ordered a load of oil.
19p a litre and of course none of it ends up in the car!!!!!!!!!!!!!!!
Dave |
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Penman
Joined: 23 Nov 2007 Posts: 4755 Location: Swindon, Wilts.
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Posted: Tue Apr 21, 2020 12:13 am Post subject: |
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Hi
Watch it go shooting up again after it is all over.
Apparently mega tankers are being chartered at multiples of their normal rates just to act as holding tanks because of the current falling demand.
https://www.ft.com/content/98054686-0825-43f2-b34d-27d28a3d17c2 _________________ Bristols should always come in pairs.
Any 2 from:-
Straight 6
V8 V10 |
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Peter_L
Joined: 10 Apr 2008 Posts: 2680 Location: New Brunswick. Canada.
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Posted: Tue Apr 21, 2020 1:11 am Post subject: |
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ukdave2002 wrote: | Nope, however for me its great We have oil heating, so our heating costs have more than halved from where they were 3 months ago, ...just ordered a load of oil.
19p a litre and of course none of it ends up in the car!!!!!!!!!!!!!!!
Dave |
Time to buy a larger storage tank ? |
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V8 Nutter
Joined: 27 Aug 2012 Posts: 587
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Posted: Tue Apr 21, 2020 7:00 pm Post subject: |
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In 1901 the Spindle Top gusher came in near Beaumont, Texas. The price of Texas crude dropped to 5 cents a barrel. I can't find an accurate price for petrol in the U.K. at that time, but it seems to be about 1/3 to 1/6 a gallon very roughly about 1.5 pence a litre. Overheads have gone up! |
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Peter_L
Joined: 10 Apr 2008 Posts: 2680 Location: New Brunswick. Canada.
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Posted: Tue Apr 21, 2020 9:27 pm Post subject: |
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21 April 2020. Our local station has it at 0.72cents per litre, roughly 0.41pence. Our gas/petrol price is controlled by the local government and prices are adjusted at 12:00 midnight on a Wednesday. The price they quote is the highest that any gas/petroi station can sell it for. Around here the #1 supplier is Irving, and they restrict what their licensed stations can sell it at, so the stations can't have their own price war. |
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lowdrag
Joined: 10 Apr 2009 Posts: 1585 Location: Le Mans
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Posted: Wed Apr 22, 2020 2:37 am Post subject: |
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I have never before expressed my fuel consumption in gallons per month! Like many of us I remember 4/6d per gallon, but in modern times I moved house at the end of 1978 and it was 78p per litre. No problem there, except at that precise moment the mortgage changed from 9% (when I exchanged contracts for the new build) to 16%. Ouch! |
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MikeEdwards
Joined: 25 May 2011 Posts: 2467 Location: South Cheshire
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Posted: Wed Apr 22, 2020 9:33 am Post subject: |
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I "cleverly" filled my daily driver at the start of lockdown, "just in case", as I have to do shopping for parents. "Cleverly" in the sense that it was still 118.9p per litre. Yesterday I topped it up, at 104.9p. That said, the station I first used (the new Esso station on the by-pass Rick) was still at 112.9 yesterday, so the competitive price they had on opening has gone away.
Don't ask me for investment advice. |
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Bitumen Boy
Joined: 26 Jan 2012 Posts: 1735 Location: Above the snow line in old Monmouthshire
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Posted: Wed Apr 22, 2020 3:46 pm Post subject: |
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Cheapest I've seen is 102.7 at the unmanned Asda stations, heard some talk on the radio of petrol falling below £1/litre (that would be 99.9, then) but haven't seen any sign of that happening, has anyone else?
They are probably thinking of recouping the cost of modernising the pumps a few years ago to show prices over £1/litre, they all maned like hell at the time but I notice nobody dropped the annoying xxx.9 nonsense which would have made the conversion so much cheaper and easier! |
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Rick Site Admin
Joined: 27 Apr 2005 Posts: 22439 Location: UK
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Posted: Wed Apr 22, 2020 3:50 pm Post subject: |
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Bitumen Boy wrote: | Cheapest I've seen is 102.7 at the unmanned Asda stations, heard some talk on the radio of petrol falling below £1/litre (that would be 99.9, then) but haven't seen any sign of that happening, has anyone else?
They are probably thinking of recouping the cost of modernising the pumps a few years ago to show prices over £1/litre, they all maned like hell at the time but I notice nobody dropped the annoying xxx.9 nonsense which would have made the conversion so much cheaper and easier! |
I heard reports of fuel dipping below £1 a few weeks ago not far from here, and of cars queuing down the road as a result
RJ _________________ Rick - Admin
Home:https://www.oldclassiccar.co.uk
Videos:https://www.youtube.com/user/oldclassiccarRJ/videos
OCC & classic car merchandise (Austin, Ford ++):
https://www.redbubble.com/people/OldClassicCar/shop |
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Rootes75
Joined: 30 Apr 2013 Posts: 3805 Location: The Somerset Levels
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Bitumen Boy
Joined: 26 Jan 2012 Posts: 1735 Location: Above the snow line in old Monmouthshire
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Posted: Tue May 12, 2020 12:41 am Post subject: |
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Petrol down to 99.7 at Morrisons in Bargoed this afternoon, heard it on the radio that they had reduced to under £1/litre at all their forecourts - by chance as I was going to Bargoed anyway. Let's hope it starts a supermarket price war... |
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lowdrag
Joined: 10 Apr 2009 Posts: 1585 Location: Le Mans
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Posted: Tue May 12, 2020 6:35 am Post subject: |
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I often wonder why fuel prices is such an emotive issue. I mean, we all need it, and 10p difference filling a 60 litre tank is £6, or a couple of pints at the local. I've seen in Leicester once a man pull into the forecourt during one of the periodic shortages and he managed to squeeze not even £5 in, having filled up not long before. And we all know someone who will do an extra 10 miles to save 2p a litre. But I gave up on the hunt years ago. I mean £6 every three weeks (my average) is not really going to break the bank, now is it. Actually it is about £3 here but again, it's close and convenient. So just why is it such a - stupidly - emotive issue? |
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V8 Nutter
Joined: 27 Aug 2012 Posts: 587
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Posted: Tue May 12, 2020 8:24 am Post subject: |
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Back in the first energy crisis in 1973/74, I worked with a guy who managed to squeeze 10pence worth into his Austin 1100. He could not understand why the man in the petrol station was annoyed about his wasting time. I was driving an old Plymouth at the time, his greatest delight was telling me every day "No more big American cars for you when it reaches £1 a gallon". He was wrong |
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alastairq
Joined: 14 Oct 2016 Posts: 1950 Location: East Yorkshire
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Posted: Tue May 12, 2020 10:35 am Post subject: |
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6 pensionquids saved..is also 3 weeks supply of milk.....or 3 chickens to roast.
Living as I do on a small bunch of pensions, income is limited.....with over 50 % going on rent.
Beer is something my kids may buy me twice a year.
Since none of my old cars won't get much better than 29 1/2 miles t' gallon of petrol, any sort of reduction is gratefully received.
The temptation to fill up whilst the going is good [the Dellow's tank will hold 15 gallons...or 68 litres.........Mustang is similar.....].....should be resisted....because of the nature of today's petrol. It will evaporate a good 15% by the end of 5 weeks!! [According to BP Australia, back in 2005..probably worse now, 15 years later, as petrol changes its makeup as time passes.]
Having more or less renewed my Dellow's fuel line system over past couple of years, I'd like to run it on E10.....but cannot get hold of E10 cheaply enough, within 30 miles of where I live....so I make do with 95 RON E5......Asda petrol is good enough...if I'm that way on [don't make special trips for petrol....but I do take advantage if I happen to be near enough for other reasons]....
So, saving up to 20 p a litre petrol [diesel not far behind either..but my diesel is SORNed for the duration,,,saving me 25 pensionquids tax every month]......is quite a big deal, on a limited income, with an unlimited enthusiasm to feed......I cannot seem to help it, but I enjoy driving, anything...except , anything made this century!!! Even if it does mean foregoing a bottle of wine or three. Or making a 2 quid roasted chicken last me a week???? _________________ Dellow Mk2, 1951 built, reg 1952.
Fiat 126 BIS
Cannon special [1996 registered. Built in 1950's]
----------------------------------------------
Ford Pop chassis, Ashley 1172 bodyshell, in pieces. |
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