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Author Topic: Petrol below £1 a litre...  (Read 5210 times)
TightEnd
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« on: December 11, 2015, 11:12:12 AM »

for the first time in six years

 Click to see full-size image.


it makes a big difference to you and your disposable income, or not?

you will drive more, or no change?

http://www.bbc.co.uk/news/business-35066242
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« Reply #1 on: December 11, 2015, 11:19:53 AM »



Do you remember that blonde thread from a few years ago, when everyone got so angry about petrol prices? Was quite a big thread as I recall. Think "Chippy" from Leicester was prominent on it.

Jeez, them peeps were angry.

Never quite understood why. There's not a damn thing you or I can do about these things. 
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TightEnd
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« Reply #2 on: December 11, 2015, 11:21:36 AM »

yes i thought about that thread when posting this one. i remember the chap who got so irate, raj (?), certainly a leicester poker player

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« Reply #3 on: December 11, 2015, 11:24:08 AM »



Do you remember that blonde thread from a few years ago, when everyone got so angry about petrol prices? Was quite a big thread as I recall. Think "Chippy" from Leicester was prominent on it.

Jeez, them peeps were angry.

Never quite understood why. There's not a damn thing you or I can do about these things.  

You can bet your bottom dollar that those same people wouldn't have made this thread whooping and cheering.

Personally it won't make a difference to how much I drive, but generally speaking, a price decrease makes me happy, and a price increase makes me sad Cheesy
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« Reply #4 on: December 11, 2015, 11:37:44 AM »

Don't pay for diesel, will get less nectar points if the price is lower so will actually be worse off  Cheesy
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« Reply #5 on: December 11, 2015, 02:05:10 PM »

The only thing that bothers me with the price of petrol is the amount of tax/duty that's lumped on to it.  That governments make vastly more from a product by simply imposing duties than the companies that produce and sell the product do doesn't seem right to me.   I almost feel sorry for smokers - £9.50 for a pack of ciggies is ridiculous!  When I worked in the newsagents as a young lad, I'm sure they were only £1.20!   The days of getting 200 on the trip back from Spain for a tenner is long gone!

Saying the above, clearly there's nothing I can do or can be bothered to do about it and I wouldn't like to think what we'd have to go without as a nation should we not pay money into the pot in this way.

Prices coming down is a good thing but I can't say 5p a litre (or whatever it is) will make any difference to me, but then I only drive a few miles a day.
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« Reply #6 on: December 11, 2015, 02:14:36 PM »

That's the average, if you head out of London then a year ago most places were under a quid for a short while.
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« Reply #7 on: December 11, 2015, 02:18:08 PM »

North Sea oil now well below $40 per barrel. With more Iranian oil to flow in 2016 it could get even lower



petrol is going to get cheaper still, so more in your pocket but the obverse is the possibility of higher interest rates
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« Reply #8 on: December 11, 2015, 02:52:47 PM »


I just bought BP shares and also a 2 litre engined car - one or other of them wins for me Smiley
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TightEnd
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« Reply #9 on: December 20, 2015, 11:27:33 AM »

Oil price rout sends inflation to lowest levels witnessed since Great Depression

http://www.telegraph.co.uk/finance/economics/12058680/Oil-price-rout-sends-inflation-to-lowest-levels-witnessed-since-Great-Depression.html
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« Reply #10 on: December 20, 2015, 12:28:15 PM »

Who here actually knows what the real MPG of their car is (as opposed to manufacturers figures) and how far they drive in an average year and how much a fluctuation of say, 25p per litre actually makes to their annual running costs?

I do obv.
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« Reply #11 on: December 20, 2015, 12:35:21 PM »

Who here actually knows what the real MPG of their car is (as opposed to manufacturers figures) and how far they drive in an average year and how much a fluctuation of say, 25p per litre actually makes to their annual running costs?

I do obv.

My diesel routinely does 45 to the gallon pretty much without fail (500 miles to a tank) no matter what type of driving i do for the tank.  I do a tank a month on average.  So i am probably £350 a year better off since the peak in prices compared to now. 
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« Reply #12 on: December 20, 2015, 12:39:01 PM »

Who here actually knows what the real MPG of their car is (as opposed to manufacturers figures) and how far they drive in an average year and how much a fluctuation of say, 25p per litre actually makes to their annual running costs?

I do obv.

My diesel routinely does 45 to the gallon pretty much without fail (500 miles to a tank) no matter what type of driving i do for the tank.  I do a tank a month on average.  So i am probably £350 a year better off since the peak in prices compared to now. 

Excellent nitty knowledge argue. I'm impressed.

What car BTW?
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« Reply #13 on: December 20, 2015, 12:41:54 PM »

I get ~ 52 MPG depending on driving conditions and routinely do 500 miles per week.
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« Reply #14 on: December 20, 2015, 12:43:01 PM »

Who here actually knows what the real MPG of their car is (as opposed to manufacturers figures) and how far they drive in an average year and how much a fluctuation of say, 25p per litre actually makes to their annual running costs?

I do obv.

My diesel routinely does 45 to the gallon pretty much without fail (500 miles to a tank) no matter what type of driving i do for the tank.  I do a tank a month on average.  So i am probably £350 a year better off since the peak in prices compared to now.  

Excellent nitty knowledge argue. I'm impressed.

What car BTW?

It's the accountant in me.  Never leaves being a nit with ex's. I could tell you how much i spend on everything over a year as i have an expense book where i write down everything i spend on everything and have a relatively simple personal set of accounts on a monthly basis so i know where all my cash is spent.  Quite interesting to do if you never do it.  Made me severely cut back on my drinking/eating out when i realised how much i was spending a year instead of just casually spunking scores every other day.  I reckon i spend £500 a month less on average now doing this than what i did before i started recording it. 

Peugeot 307 110 HDI 2 litre diesel turbo.  Whatever the fuck that all means.  Not remotely interested in cars.  Paid £4000 in cash for this motor about 9 years ago and will just run it into the ground until it stops working.
« Last Edit: December 20, 2015, 12:50:52 PM by arbboy » Logged
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