dawny1970 Posted May 22, 2010 Share Posted May 22, 2010 Now the oil prices are dropping like a stone, does this mean that the price of diesil and petrol will also drop loads, or are we still being ripped off? Link to comment Share on other sites More sharing options...
tallanddopey Posted May 22, 2010 Share Posted May 22, 2010 we will still be ripped off, no doubt about that. Link to comment Share on other sites More sharing options...
HeadingNorth Posted May 22, 2010 Share Posted May 22, 2010 As far as I'm aware, sterling is still weak against the dollar, so we're still suffering from the fact that oil is priced in dollars. Link to comment Share on other sites More sharing options...
legendbadger Posted May 22, 2010 Share Posted May 22, 2010 we drove past the shell garage in handsworth yesterday and petrol was 117.9. yes still exspensive but it has gone down from the other day...... yet the jet garage further down towards swallownest it is still 119.9. Link to comment Share on other sites More sharing options...
daftlad Posted May 22, 2010 Share Posted May 22, 2010 you can go to morrisons at meadow head and get it for £1.17 and the summerfield one further down to wards heeley is £1.22 Link to comment Share on other sites More sharing options...
NoddyHolder Posted May 22, 2010 Share Posted May 22, 2010 Asda had dropped to 118.9 yesterday..diesel Link to comment Share on other sites More sharing options...
bendyman Posted May 22, 2010 Share Posted May 22, 2010 diesel at birley at 1.23.9 rip off Link to comment Share on other sites More sharing options...
Berberis Posted May 22, 2010 Share Posted May 22, 2010 Current oil price is $70 a barrel. Its high was back in June 2008 when it reached $138 a barrel. We also need to take into account the weakening of the £ vs. $ as a factor in increased prices at the pump as oil is sold in $ across the world. Link to comment Share on other sites More sharing options...
bendyman Posted May 22, 2010 Share Posted May 22, 2010 if it were 20 pounds a litre we would still pay it ,-- soft brits:mad: Link to comment Share on other sites More sharing options...
dawny1970 Posted May 22, 2010 Author Share Posted May 22, 2010 Current oil price is $70 a barrel. Its high was back in June 2008 when it reached $138 a barrel. We also need to take into account the weakening of the £ vs. $ as a factor in increased prices at the pump as oil is sold in $ across the world. Ok its now almost half the june 2008 price per barrel. At that time the price of fuel was the same as it is now, £ to $ conversion is only 25-30% what it was then, so whats happenened to the rest of the reduction? Ok Goverment can account for 15% increase in duty, that still leaves a large chunk of extra that we are being ripped off!!! Link to comment Share on other sites More sharing options...
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