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 Post subject: Fuel prices
PostPosted: Mon Nov 05, 2007 01:15 
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Yes.
Diesel in my home town 102.9
Diesel in my work town 97.9

Both at tesco pumps

?


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 Post subject: Re: Fuel prices
PostPosted: Mon Nov 05, 2007 09:33 
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jomukuk wrote:
Diesel in my home town 102.9
Diesel in my work town 97.9

Both at tesco pumps

?


Image

The price P of a product is determined by a balance between production at each price (supply S) and the desires of those with purchasing power at each price (demand D). The graph depicts an increase in demand from D1 to D2, along with a consequent increase in price and quantity Q sold of the product.


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PostPosted: Mon Nov 05, 2007 09:47 
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Background can be found here:
http://simple.wikipedia.org/wiki/Supply_and_demand


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PostPosted: Mon Nov 05, 2007 09:54 
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smeggy wrote:

Or, for those that still don't get it, try the GCSE version.


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PostPosted: Mon Nov 05, 2007 09:57 
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There is also the consideration of supermarkets predatory pricing but that is still driven by the supply and demand curve.


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PostPosted: Mon Nov 05, 2007 17:08 
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Tesco have always upped their prices at the pump since they brought in the "Spend £50 and get 5p per litre off". Nice way to boost profits and tie everyone in at the same location.

The bastards are BP who consistently charge more than every other garage in the same location. Apart from Tesco, they are the only ones who have unleaded at >£1 a litre in my area.

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PostPosted: Mon Nov 05, 2007 17:12 
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R1Nut wrote:
The bastards are BP who consistently charge more than every other garage in the same location.

I genuinely don't get this. How are BP being 'bastards'?

You can choose to buy your fuel from a number of filling stations in your area. If it bothers you, you can just avoid the ones that charge the most.


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PostPosted: Mon Nov 05, 2007 17:17 
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Icandoit wrote:
R1Nut wrote:
The bastards are BP who consistently charge more than every other garage in the same location.

I genuinely don't get this. How are BP being 'bastards'?

You can choose to buy your fuel from a number of filling stations in your area. If it bothers you, you can just avoid the ones that charge the most.


Generally, I do avoid BP, but in some areas they virtually have a monopoly on the main routes so unless you know that there is another station nearby on a minor route you have no choice :wink:

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 Post subject:
PostPosted: Tue Nov 06, 2007 03:00 
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Ever thought of programing in your friendly supermarket chain into your Tom-Tom? :)


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PostPosted: Tue Nov 06, 2007 13:50 
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Draco wrote:
Ever thought of programing in your friendly supermarket chain into your Tom-Tom? :)


I don't own a SatNav :wink: If it's an important journey then I'll look it up on an online map and make notes on directions. If not and I get lost I can usually get back to the main area I needed to be and ask for directions.

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 Post subject: Re: Fuel prices
PostPosted: Tue Nov 06, 2007 17:34 
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jomukuk wrote:
Yes.
Diesel in my home town 102.9
Diesel in my work town 97.9

Both at tesco pumps

?


In my area I can pay between 95.9p and 102.9p - a difference of 7p.

If my car holds 10 gallons (38 litres) I can save £2.66p!

I'd rather have a pint thanks :drink2:

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 Post subject: Re: Fuel prices
PostPosted: Tue Nov 06, 2007 18:04 
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Big Tone wrote:
In my area I can pay between 95.9p and 102.9p - a difference of 7p.

If my car holds 10 gallons (38 litres) I can save £2.66p!

I'd rather have a pint thanks

But if you don't have to go much out of your way to save 7p a litre, why not do that and have a pint as well? If you fill up weekly, £138 is a very worthwhile annual saving.

Also, the more people are prepared to shop around for lower fuel prices, the more it deters suppliers from thinking they can get away with charging over the odds.

For the lowest prices in your area, it's well worth taking a look at:

http://www.petrolprices.com/

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 Post subject: Re: Fuel prices
PostPosted: Tue Nov 06, 2007 19:46 
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PeterE wrote:
But if you don't have to go much out of your way to save 7p a litre, why not do that and have a pint as well? If you fill up weekly, £138 is a very worthwhile annual saving.


Quite, and even just a small saving feels good... I can save 3-4p litre by filling up at work rather than at home, which over the year pretty much covers the cost of the tax disc :thumbsup:

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 Post subject: Re: Fuel prices
PostPosted: Tue Nov 06, 2007 22:09 
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PeterE wrote:
For the lowest prices in your area, it's well worth taking a look at:

http://www.petrolprices.com/


Too much bother...all that name/address stuff....and the prices are wrong as well....by 2.9p per litre !


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 Post subject:
PostPosted: Tue Nov 06, 2007 22:15 
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I drive past a BP 99.9p to the Shell 93.9 two miles further on, to get my 60 - 70 litres.
Shell around here seem to match the supermarkets pricing, and journo's seem to recommend it.

fatboytim


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 Post subject:
PostPosted: Wed Nov 07, 2007 09:46 
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PeterE wrote:
Big Tone wrote:
In my area I can pay between 95.9p and 102.9p - a difference of 7p.

If my car holds 10 gallons (38 litres) I can save £2.66p!

I'd rather have a pint thanks

But if you don't have to go much out of your way to save 7p a litre, why not do that and have a pint as well?


I do. That's what I meant soz and I absolutely agree with you on: -

PeterE wrote:
Also, the more people are prepared to shop around for lower fuel prices, the more it deters suppliers from thinking they can get away with charging over the odds.



Also..

fatboytim wrote:
I drive past a BP 99.9p to the Shell 93.9 two miles further on, to get my 60 - 70 litres.
Shell around here seem to match the supermarkets pricing, and journo's seem to recommend it.

fatboytim


My findings too. Shell seem to be the good guys out there although how long they will last is another question. Over the years I have lost count of how many good old petrol stations have closed and supermarkets' have taken their place.

Oh, and then the ground from the dead petrol station is used for housing or turned into one of them hand car cleaning places. Don't know if that's other peoples' findings but it's what's happening in Birmingham. (I don't talk like Noddy Holder BTW) 8-)

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You will be branded a threat to society by going over a speed limit where it is safe to do so, and suffer the consequences of your actions in a way criminals do not, more so than someone who is a real threat to our society.


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 Post subject:
PostPosted: Fri Nov 09, 2007 00:16 
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100.9 for unleaded at my local Tesco now. Asda in Norwich was 95.9 a couple of days ago, but use an Asda credit card to fill up and you get another 2p/L off.

That's still £4.26 per gallon though. :(


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 Post subject:
PostPosted: Fri Nov 09, 2007 01:08 
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I could be wrong of course, but it seems to me that BP is trying to make up for a very bad year for them in various other areas. If I really have to, I'll use them..............buying just enough to get to the next garage...... :twisted:
(likewise certain other garages who think that they have a captive market).


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PostPosted: Fri Nov 09, 2007 03:17 
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This is getting ridiculous. I drove round for an hour the other night looking for fuel but it was all £1 per litre or more!
I ended up only getting a small amount and I'm worried I'll run out while on the road soon. When will this end? We don't need to pay this much tax. Where can I get fuel without having to pay tax?

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 Post subject:
PostPosted: Fri Nov 09, 2007 03:25 
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Ziltro wrote:
This is getting ridiculous. I drove round for an hour the other night looking for fuel but it was all £1 per litre or more!
I ended up only getting a small amount and I'm worried I'll run out while on the road soon. When will this end? We don't need to pay this much tax. Where can I get fuel without having to pay tax?


France!

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