The price of petrol!!!!

  • Ann1975's Avatar
    To be honest, I've just come here for a rant.

    The cost of petrol is insane!

    £1.46.9 is daylight robbery. It's unsustainable for the average driver, and yes, I understand that there are much more important things going on in the world that pushed the prices up.
  • 11 Replies

  • Beelzebub's Avatar
    According to data on the RAC website, the average price has been over £1.40 since October 2021, i.e. almost three year ago.

    There have been no reports of large numbers of "average" drivers giving up there cars in that time, which suggests that it is indeed sustainable.
  • Ann1975's Avatar
    How dare you bust my argument with logic and reason. 😉

    I just feel like the price of things keep going up and the value isn't keeping pace. Rant over.
  • Drivingforfun's Avatar
    I don't know why, but loads of people don't realise that the cost is mostly down to the government

    Taking away the taxes, the price of the actual petrol is about £0.60 on a £1.40 litre

    Oil price and manufacturing costs play a part (as a percentage) somewhere like America, where the cost of fuel can double or triple (and the opposite) quite quickly, but then when you don't pay much in the first place, doubling a small number still leaves you with a relatively small number 😊
  • Ann1975's Avatar
    Well, don’t get me started on them 😂
  • Rolebama's Avatar
    In the grand scheme of things, petrol isn't really that expensive. I have always worked on the basis of: How many x could I buy in 1970 and 1980 with the money I put in my pocket on payday? How much would I need in my pocket today to buy the same amount of x? Generally, this works about £900 to 1250 per week, petrol, works out at about £750.
    I do strongly agree, however, that retailers in general are taking us for a ride. Particularly in view of how when fuel prices go up, there is an immediate increase at the pumps, yet when prices go down it's: "We bought this at the higher price, so it won't be going down until we buy at the new price."
  • bobbybrown111's Avatar
    The cost of petrol is outrageous right now, and it's tough for the average driver. It’s hard to keep up with such prices
  • Mark07's Avatar
    Community Manager
    The extracts below were taken from here.

    Fuel prices fell for the second consecutive month but not by as much as they should have [...]

    RAC head of policy Simon Williams said: “This month’s Fuel Watch report also reveals just how expensive fuel is when bought at forecourts owned and run by oil giants Shell and BP. We remain baffled how the very same fuel can be sold for such vastly different prices by the biggest retailers, whether they’re run by supermarkets or the world’s largest oil companies."
  • Drivingforfun's Avatar
    I monitor the commodity markets daily and I actually notice petrol stations leaving the price for a good fortnight before adjusting them to follow raw material prices - in either direction. One thing I do notice though is all the stations in a local area seem to change all at once, it's as if they all agree to hold out together, although I know that's illegal

    I think it's a bit off when the government accuse petrol stations of inflating the price, which they may well be doing, but by what, 5p a litre, when the government add about 70-80 pence to the price of a litre
  • Mark07's Avatar
    Community Manager
    Some useful articles on the changing costs of fuel...

    The RAC has called on retailers to reduce fuel costs by 6p per litre to reflect lower wholesale costs - see article here.

    We also expect that fuel duty will increase, from its current level, by 5p in the October budget - see article here.
  • NMNeil's Avatar
    Human nature.
    Here it's 59 pence per liter, and we still bitch and moan about the cost.
  • Mdb51's Avatar
    Can I ask please please if any members still use the old E5 petrol.

    My car ( 2012 Vauxhall Corsa D ) runs better with the older E5 stuff and about 2 weeks ago, I was near the shell garage at the Glegg Arms roundabout near Heswall, I went in as my car needed a fillup, wished I had gone elsewhere as it cost me £1.76 a litre ( my apologies, I don't bother with the .9 nonsense, it does my head in ), the fillup ( from 1/4 of a tank ) cost me £62.50 for around 30 - 35 litres of fuel.

    I went to a Sainsbury's garage last night, paid £1.49 a litre and got roughly 32 litres of E5 petrol for £47.50 again from 1/4 of a tank to full.

    Tesco seems to be 1 of the lowest at the moment as they are charging £1.35 a litre for the E10 fuel which I absolutely can't stand. The fuel economy with E10 fuel doesn't justify ( in my mind ) the cost of potentially filling up every 3 - 5 days.

    I tried it for a few weeks after it was introduced and the amount of mileage availability I was losing was ridiculous. In my 1st week, I lost over 100 miles within 3 days. My availability was showing 420 miles from full, by day 3 it was down to 316 miles.

    My brother had the same issue, he drives a 53 reg ford focus and he too also noticed a serious loss of available mileage, I think he said he lost around 135 miles in his 1st week but as he has a bigger fuel tank for his car's 1.6 litre engine, he had a starting available mileage of around 460 miles.

    I don't know what other members think and I would be interested to read your comments but I think the E10 fuel was a bad mistake.