Michael_W Posted July 6, 2016 Share Posted July 6, 2016 All this blubbering and bleating since the referendum, it's so 'not' British, I can see us having to blockade the ports and burn some tyres if things don't improve Link to comment Share on other sites More sharing options...
Berberis Posted July 6, 2016 Share Posted July 6, 2016 There's been a steady four month rise in petrol prices, I think another rise is inevitable and not necessarily the blame of Brexit. http://www.thisismoney.co.uk/money/cars/article-3673981/Petrol-prices-nudge-higher-fourth-month-row-June.html The cost of a barrel of oil has risen from approx $40 a barrel to $50 over the last 3 months. what we have now is, the pound is worth just 87% of what it was before the referendum. It's going to cost an extra 13% to buy a barrel of oil when purchased for the UK above the 25% increase we have seen over the last 3 months. ---------- Post added 06-07-2016 at 10:48 ---------- The pound has plummeted due to Brexit,this means fuel and most other things will rise. People do not seem to want to believe this, but the very same people who deny it will be moaning in a few months/years when everything costs more and those who didnt know this would happen didnt listen to the arguments to remain (which is probably closer to the truth). Link to comment Share on other sites More sharing options...
Penistone999 Posted July 6, 2016 Share Posted July 6, 2016 This WILL mean petrol prices will go up and the cost of gas and electricity will also go up. Oil is sold in dollars and the cost of gas is pegged to the price of oil. This all then has a knock on effect of pushing up inflation as the price of goods increases. I might have to start using a " different" sort of diesel then if the price goes up. Link to comment Share on other sites More sharing options...
Berberis Posted July 6, 2016 Share Posted July 6, 2016 I might have to start using a " different" sort of diesel then if the price goes up. There are two types of diesel in the UK and only one is allowed to be used on the roads, so you have no choice but to pay. Link to comment Share on other sites More sharing options...
ukdobby Posted July 6, 2016 Share Posted July 6, 2016 I might have to start using a " different" sort of diesel then if the price goes up. No ifs about it. Link to comment Share on other sites More sharing options...
phil752 Posted July 6, 2016 Share Posted July 6, 2016 I might have to start using a " different" sort of diesel then if the price goes up. it is weird how the price of cooking oil seem to match the price of diesel Link to comment Share on other sites More sharing options...
apelike Posted July 6, 2016 Share Posted July 6, 2016 (edited) The pound has plummeted due to Brexit,this means fuel and most other things will rise. Fuel has been cheap for a fair while now but when it went down did we see a price decrease in commodities? By reading this released only this morning it seems that far from rising the price of oil is dropping and set to drop even further. http://www.wsj.com/articles/oil-prices-continue-to-tumble-on-concerns-over-global-growth-prospects-1467801562 Oil may be traded in the $ but most of our food that is imported from Europe and elsewhere is not. If food prices rise then that is a good thing as its been far too cheap for a long time because of being in the EU and the subsidies that enabled it to be sold cheap. Just to add.. The cost at the pumps reached a high in April 2012 @ 142.2ppl. In January 2015 it was still higher than now @ 113.8ppl. Average cost today 112.58ppl. Edited July 6, 2016 by apelike Link to comment Share on other sites More sharing options...
chalga Posted July 6, 2016 Share Posted July 6, 2016 There you go then,you should be happy that you're going to be paying more for food..............and on that bombshell:D Link to comment Share on other sites More sharing options...
Solomon1 Posted July 6, 2016 Share Posted July 6, 2016 What about it? Do you think you can trust the EU, a Conservative government, or even a Bliarite one on TTIP? Well yes Because France vetoed it! The EU is TTIP - FREE ---------- Post added 06-07-2016 at 15:13 ---------- Tim, have you heard which extremely pro-Brexit newspaper owns part of the company financing MdR to challenge the government to pass an act of Parliament and stop the PM triggering Article 50 with prerogative powers? Tis amusing. Couldn't make this stuff up! Link to comment Share on other sites More sharing options...
apelike Posted July 6, 2016 Share Posted July 6, 2016 There you go then,you should be happy that you're going to be paying more for food..............and on that bombshell:D Since obesity is the biggest single drain on the NHS I would have though that higher food prices a good thing as it may limit that somewhat. Link to comment Share on other sites More sharing options...
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