A couple of the bowers were empty before delivery.
Price is AU$2.67 per litre. US$10.10 per gallon, UK1.39 per litre
I saw Ā£1.45 here yesterday. But people arenāt going crazy filling up.
People go crazy at these times, how long before we see Tesla Drivers filling the trunk up ![]()
Filled up yesterday, $3.02 a gallon. Of course we pump/drill our own oil and refine our own. That is even with the Valero refinery fire. If everyone had the technology, they could of eep the costs down.
The US may produce their own oil, but increased global demand for US oil will push the price up.
The US doesnāt tell or dictate countries to drill their oil, refine their fuel needs. Those that donāt plan ahead are normally the ones behind the power curve.
With or with out global demand their are only a few countries with low fuel prices than the US.
Yes, itās the US fault. And we will complain about lower fuel costs than most of the world.
Over Ā£1.60 per litre here for diesel Bretrick, but I havenāt seen empty pumps anywhere yet, except when the war first started a few weeks ago.
Personally I donāt care how expensive it goes up to, I donāt use all that much now Iām retired.
Other stuff like food will probably get more expensive, but any excuse, and it serves them right for not supporting local farmers and businesses. We are an economy that relies on lorries to keep us in the lap of luxury that we have come to expect. It never could last for ever could it⦠![]()
Modern society is like a house of cards, the higher it goes, the more unstable it gets.
A bit of rain or snow, a windy day, leaves on the line, potholes in the roads, sick folk queueing in the hospital corridors, power cuts, cars too expensive to run, and wait for the fun and games when the internet goes downā¦
![]()
It wouldnāt make any difference if you have local produce ogf, they still rely on supplies and power from outside the area. The oil price is globally determined unless the state intervenes. Which of course affects public funding
Even then it is quite difficult for a government to tell a bunch of oil companies to accept lower prices. So the global oil price does tend to be the one paid - whether taken out in your back yard or in another country.
The price of fuel at the pump is largely shaped by local taxation. So £1.45 a litre looks cheap as I paid 2.21 euro a litre yesterday - and the sterling/euro exchange rate is 1.16.
In 75 cents a litre is very cheap, even at 0.75 dollar to the pound.
One imagines the sales of EVās will be soaring. I was in a MG SUV hybrid a couple of days ago - a really nice car. The chinese are dominating this market.
I meant fiscal intervention in terms of reducing fuel duty.
Seems like we were saying the same thing (although I didnāt intend to be disagreeing with you).
Here is a thing, does all this war and Hormuz make anyone else wonder if their previous position on not opening up new oil fields around the UK might be a bit over simplified? Donāt get me wrong, I am still convinced that the best way to energy independence is through renewables such as wind, tidal and solar. And I know it would not reduce the price of oil at crisis times like this. Butā¦
So I thought given the risk the āspecial military operationā could drag on, it might be worth filling up at Tesco today even though the car had half a tank. It was Ā£1.44 which I thought was still borderline affordable considering the situation. It seems many others had the same idea as a number of the pumps were out of use and it was just mid afternoon. The posh pricier unleaded (momentum) had all gone. Iāve always wondered who buys that. We had to queue for the one or two pumps still working. Worrying.
Anyway looks as though people are starting to panic buy.
āRenewablesā? Does that mean that the thousands of wind generators will need to be renewed after twenty years?
Or the hectares of solar panels either destroyed by hailstones or again, renewed after twenty years, before they have even paid back the cost of manufacture (the panels In the UK anyway)
A coal fired power station will still need itās turbines replaced after 25 years, but with only just two 500 mW turbines.
So called āsustainableā energy is far from sustainable, and taking into account the energy and mining of the rare earth minerals needed for manufacture, siting and maintenance, it makes 'sustainable energy the most expensive energy in the world. And probably the most damaging to the environment. But hey ho, it wonāt damage our environment because most of the materials come from third world countries.
This seems likely to get worse. The oil industry seems to be predicting shortages in April unless something very unlikely happens. Iām very angry that one orange, ailing, deranged president can make millions of peopleās lives so expensive, so unpredictable on an unjustified whim.
The current made up optimism of a deal with Iran looks, to me, to be market manipulation rather than serious peace making.
Youāre joking, right Annie?
At present, much of what we eat, burn, wear or drive comes from other countries. Are you saying that the cost of transport from Australia, New Zealand, China etc, and then the cost of diesel for an endless convoy of trucks stretching from Folkstone to Edinburgh would be less expensive that my local farmer selling me spuds, carrots, sprouts, apples, etc that were grown just a mile from my house?
Half a dozen coal fired power stations would supply all the power we need and rid the country of thousands of wind turbines and hectares of solar panels, not to mention the thousands of tons of dangerous lithium storage facilities. Talk about āsustainableāā¦there is enough coal and north sea gas and oil to keep the lights on for the next three hundred yearsā¦By which time, we might have figured out a better way of producing electricity and heat.
OGF that might have worked in the days we had a population of under 5 million, ate cabbage and potatoes and used night soil to fertilize. Modern farming methods to feed a population of 70 million donāt come cheap particularly given we a) donāt have capacity to produce more than 50% of our own food and b) have a very sketchy climate. So why do you think local farm shops are so expensive if your idea is so economical?
that seems to be the case and Iām interested that it has been reported by the mainstream media as such. The very large sales started before the official announcement so definitely inside dealing which is surely a serious criminal offence.
So does that mean that we just give up and get blackmailed or held to ransom by other countries. Itās not that we donāt suddenly start producing our own stuff Annie, itās the fact that we are moving in the wrong direction seem happy to give it all away after being a country that could do it all.
We have been a trading nation for centuries. The alternative is the kind of rationing that Britain had during WWII. The fact that the government doesnāt protect our national and international interests sufficiently isnāt because we are a trading nation but down to state-led incompetence and doubtless a high level of hidden corruption or loopholes. We can complain about the latter but itās always been part of the nations culture.