fuel could hit £1.75 a litre - £8 a gallon

vanman · 24-01-2011, 21:10

It comes as the RAC Foundation warned that fuel could hit £1.75 a litre - £8 a gallon - in parts of the country by the summer.
Prices of £1.50 a litre are already being charged in the Orkney Isles.

Read more: http://www.dailymail.co.uk/news/arti...#ixzz1BzNEF7Fk
time to get me push bike out methinks and join boris.

Paul · 24-01-2011, 22:07

If it does then we are all going on a diet, if diesel hits those sort of prices even basic food prices will go up as transport costs start to spiral out of control. This government needs to think again on this one.

Hom3r · 24-01-2011, 22:18

I think once it hits £1.50 a litre, trouble will start, blockades etc, which will destroy the coalition.

martyh · 24-01-2011, 22:25

Quote:

Originally Posted by Hom3r

I think once it hits £1.50 a litre, trouble will start, blockades etc, which will destroy the coalition.

i agree i just think /hope it's lower £1.40-45 if we wait till it gets that high it will be harder to get it back down to around the £1.15 mark

Osem · 24-01-2011, 22:39

Fuel prices are heading only one way and that's up.

Lister of Smeg · 24-01-2011, 22:44

Now that the oil companies and the OPEC nations have conditioned us to think that the cost of a litre is CHEAP, we need to take aggressive action to teach them that BUYERS - not sellers control the market place. With the price of petrol going up more each day, we consumers need to take action. The only way we are going to see the price of petrol come down is if we hit someone in the pocket by not purchasing their petrol! And we can do that WITHOUT hurting ourselves. Here's the idea:

For the rest of this year DON'T purchase ANY petrol from the two biggest oil companies (which now are one) i.e. ESSO and BP.

If they are not selling any petrol, they will be inclined to reduce their prices. If they reduce their prices, the other companies will have to follow suit. But to have an impact we need to reach literally millions of Esso and BP petrol buyers. It's really simple to do!!

martyh · 24-01-2011, 22:49

Quote:

Originally Posted by Lister of Smeg

Now that the oil companies and the OPEC nations have conditioned us to think that the cost of a litre is CHEAP, we need to take aggressive action to teach them that BUYERS - not sellers control the market place. With the price of petrol going up more each day, we consumers need to take action. The only way we are going to see the price of petrol come down is if we hit someone in the pocket by not purchasing their petrol! And we can do that WITHOUT hurting ourselves. Here's the idea:

For the rest of this year DON'T purchase ANY petrol from the two biggest oil companies (which now are one) i.e. ESSO and BP.

If they are not selling any petrol, they will be inclined to reduce their prices. If they reduce their prices, the other companies will have to follow suit. But to have an impact we need to reach literally millions of Esso and BP petrol buyers. It's really simple to do!!

the problem with that is BP and esso supply the likes of morrison ,tesco and most of the smaller suppliers so they won't lose that much

Tuftus · 25-01-2011, 14:01

The problem is, as has probably been said many times before.

We need the fuel. There is only so long that we can go on 'not buying any' in the hope that they bring the prices down. We, the buyers will crack long way before they do.

Remember the blockades last time? The go slows down the motorways? What happened?

People panic bought and they fuel companies probably made a mint, people were queueing down the street before they even got on the forecourt.

We need it, they know it.

Nothing will change, so sorry to be blunt, get used to it.

Taf · 25-01-2011, 14:48

I think the rot set in when fuel started to be sold in litres... if prices per gallon were the norm I think we would have seen more public reaction to the price hikes by now.

martyh · 25-01-2011, 18:25

Quote:

Originally Posted by Tuftus

The problem is, as has probably been said many times before.

We need the fuel. There is only so long that we can go on 'not buying any' in the hope that they bring the prices down. We, the buyers will crack long way before they do.

Remember the blockades last time? The go slows down the motorways? What happened?

People panic bought and they fuel companies probably made a mint, people were queueing down the street before they even got on the forecourt.

We need it, they know it.

Nothing will change, so sorry to be blunt, get used to it.

This is also true and it wouldn't be that bad if my wages went up to compensate, with the duty increase on fuel and the VAT increase on materials i have had to take a substantial wage cut .We are having fitters refuse to do jobs now because the job will not pay enough to make a profit ,pretty soon it may be more profitable to just sign on

Sirius · 25-01-2011, 19:50

Quote:

Originally Posted by Hom3r

I think once it hits £1.50 a litre, trouble will start, blockades etc, which will destroy the coalition.

Might do but none of the other buggers will reduce the prices. Lets face it they have put them up constantly all the time they were in power.

Viva la revolution

**Hugh** · 25-01-2011, 20:21

Quote:

Originally Posted by Lister of Smeg

Now that the oil companies and the OPEC nations have conditioned us to think that the cost of a litre is CHEAP, we need to take aggressive action to teach them that BUYERS - not sellers control the market place. With the price of petrol going up more each day, we consumers need to take action. The only way we are going to see the price of petrol come down is if we hit someone in the pocket by not purchasing their petrol! And we can do that WITHOUT hurting ourselves. Here's the idea:

For the rest of this year DON'T purchase ANY petrol from the two biggest oil companies (which now are one) i.e. ESSO and BP.

If they are not selling any petrol, they will be inclined to reduce their prices. If they reduce their prices, the other companies will have to follow suit. But to have an impact we need to reach literally millions of Esso and BP petrol buyers. It's really simple to do!!

Factual error - BP and Esso are not one company - Esso's parent company Exxon merged with Mobil (a precursor of which was part of Standard Oil before it was broken up in 1911) a few years ago now, and BP merged with Amoco (which in a previous existence had been part of Standard Oil until it was broken up).

BP and Esso are completely separate companies.

Hom3r · 25-01-2011, 21:53

Quote:

Originally Posted by Lister of Smeg

For the rest of this year DON'T purchase ANY petrol from the two biggest oil companies (which now are one) i.e. ESSO and BP.

Quote:

Originally Posted by Hugh

Factual error - BP and Esso are not one company - Esso's parent company Exxon merged with Mobil (a precursor of which was part of Standard Oil before it was broken up in 1911) a few years ago now, and BP merged with Amoco (which in a previous existence had been part of Standard Oil until it was broken up).

BP and Esso are completely separate companies.

That what he has said?

I would add to that list Shell, Elf, & Total.

**Hugh** · 25-01-2011, 22:04

Quote:

Originally Posted by Lister of Smeg

For the rest of this year DON'T purchase ANY petrol from the two biggest oil companies (which now are one) i.e. ESSO and BP.

No, he said they are now one company....

DocDutch · 25-01-2011, 22:08

well having a look around Europe and most of the fuel is about the same as here now....so dont think its the companies like Shell, BP, Total, Esso and you name them that are wrong here but our lovely friends OPEC that arent producing enough of it and with holding supplies to inflate the price of oil.

ow just having a look around on a site and found the price for petrol in the US... price per US gallon (petrol) $3.26 ... you gotta love the yanks. (source: http://www.gas-cost.net/dashboard.php)

Brent Crude (source beeb business) now @ $96.25 March 2010 @ $74. (http://www.bbc.co.uk/news/business/m...elve_month.stm)