fuel prices

Go down

fuel prices

Post by mikethebike on Sat May 11, 2013 10:13 am

avatar
mikethebike
Member
Member

Male

Posts : 2799
Joined : 2012-03-01
Location : peterborough
Auto-Sleeper : none

View user profile

Back to top Go down

Re: fuel prices

Post by Dutto on Sat May 11, 2013 1:44 pm

Mike,

I wonder why they are getting upset about the price of petrol? confused3

The weak pound has resulted in EVERYTHING going up in price. wave

I still don't understand how the Media in the UK can still bang on about the problems of the Euro Zone! If the Euro is in trouble then the GB Pound should be trading at £1 = €2 or more! up!

The good news is that us "diesel-heads" are just happy that when we leave the UK sanity prevails and diesel costs less than petrol! allthumbz

Best regards,
drinksallround
Ian

_________________
Dutto - Living more in hope than expectation; and seldom disappointed!
avatar
Dutto
Donator
Donator

Male

Posts : 7865
Joined : 2011-06-14
Location : Lincolnshire
Auto-Sleeper : Duetto

View user profile

Back to top Go down

Re: fuel prices

Post by mikethebike on Sat May 11, 2013 11:00 pm

Hi Ian,
Not down under!
regards

Mike wakey
avatar
mikethebike
Member
Member

Male

Posts : 2799
Joined : 2012-03-01
Location : peterborough
Auto-Sleeper : none

View user profile

Back to top Go down

Re: fuel prices

Post by Dutto on Sat May 11, 2013 11:33 pm

mikethebike wrote:Hi Ian,
Not down under!
regards

Mike wakey

Looks like the oil companies are doing a con job there as well then as diesel is much cheaper to make than petrol; or the politicians have whacked on the tax! tap_fingers

drinksallround
Ian

_________________
Dutto - Living more in hope than expectation; and seldom disappointed!
avatar
Dutto
Donator
Donator

Male

Posts : 7865
Joined : 2011-06-14
Location : Lincolnshire
Auto-Sleeper : Duetto

View user profile

Back to top Go down

Re: fuel prices

Post by mikethebike on Sun May 12, 2013 12:04 am

Hi Ian , I thought it was a lack of refining capacity +tax.
In Europe its lower to help business/transport costs.
Diesel is much dearer in the States,with fewer diesel cars.
Not sure why. scratch head
rgds
Mike
avatar
mikethebike
Member
Member

Male

Posts : 2799
Joined : 2012-03-01
Location : peterborough
Auto-Sleeper : none

View user profile

Back to top Go down

Re: fuel prices

Post by Dutto on Sun May 12, 2013 12:18 am

Mike,

A friend of mine in the oil business in Houston (now retired) explained to me that the Oil Companies have convinced some governments that producing the low-sulphur diesel that they require for large towns and cities is more expensive.

Apparently, on the face of it, it is more expensive but as my friend pointed out "Of course, that's if you don't factor in the massive savings we make in the refineries and distribution systems downstream from where the sulphur is removed; and we don't."

There's always a "but" where oil companies are concerned! tap_fingers

drinksallround
Ian

_________________
Dutto - Living more in hope than expectation; and seldom disappointed!
avatar
Dutto
Donator
Donator

Male

Posts : 7865
Joined : 2011-06-14
Location : Lincolnshire
Auto-Sleeper : Duetto

View user profile

Back to top Go down

Re: fuel prices

Post by Sponsored content


Sponsored content


Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum