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unleaded under £1 a litre

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By *hyllyphylly OP   Man
over a year ago

Bradford

Just seen on my Facebook feed, that Tescos on Old Kent Road (London), is the 1st garage to go sub £1.

Now it's even cheaper for you to five to me and give me a blow job

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By (user no longer on site)
over a year ago


"Just seen on my Facebook feed, that Tescos on Old Kent Road (London), is the 1st garage to go sub £1.

Now it's even cheaper for you to five to me and give me a blow job "

Not if i've got to 'five' to London first to buy the petrol to 'five' back to you it isn't!

Fairplay though hun - good effort!

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By (user no longer on site)
over a year ago


"Just seen on my Facebook feed, that Tescos on Old Kent Road (London), is the 1st garage to go sub £1.

Now it's even cheaper for you to five to me and give me a blow job

Not if i've got to 'five' to London first to buy the petrol to 'five' back to you it isn't!

Fairplay though hun - good effort! "

"Lolz"

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By (user no longer on site)
over a year ago

Hope it gets even cheaper again. Be nice to watch the petrol amount being more than the money as you're filling, been a very long time!

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By *ee VianteWoman
over a year ago

Somewhere in North Norfolk

Just as I get a diesel car...

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By *obbytupperMan
over a year ago

Menston near Ilkley

I can remember the outrage when petrol went up to 50p a gallon.

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By *izzy RascallMan
over a year ago

Cardiff

I bet the guys with the red flags walking in front of the cars felt for their lives as drives were so annoyed

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By *abioMan
over a year ago

Newcastle and Gateshead

it is 105.9 per litre here..... and ladbrokes have it as odds on that it will be less than £1 per litre by the end of the month......

it is weird that i have changed the way I have filled up the car in the last few months.... i use to do it when the tank was half empty.... now i wait till the last possible moment just in case the prices keep dropping

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By (user no longer on site)
over a year ago

106.7 here

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By *izzy RascallMan
over a year ago

Cardiff

I only buy from Tesco and Shell or Esso, whichever it is the fuel discount still applies. Im up to 6p off a litre already, you can get up to 20p in one go.

You can get your fuel down to 80p a litre

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By *homasP80Man
over a year ago

Linwood

I didnt think it would ever get back down to £1 a litre.

May it continue.

Most of petrol price is TAX.

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By (user no longer on site)
over a year ago

Typical, though very welcome.

Just wish I could appreciate this drop in price in my own car and not the mega fuel-efficient shopping trolley i'm currently tooling around in.

My car does around 30mpg on a run. Not bad for a 3.8 litre Yank

What I'm driving is doing between 60 and 70 mpg on a similar journey.

(For those that don't know, my car suffered a severe rear axle failure the Sunday before Christmas and is therefore currently off the road until the weather improves and I can get under the thing to fix it)

I miss my car

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By *exyLancs2Couple
over a year ago

Manchester

And the price per barrel continues to fall. Possibly more price reductions at the pumps on the way.

It's also keep the inflation rate down too and, therefore, there is less pressure on the Bank of England to raise interest rates - which would kill quite a few people with massive mortgages.

Not good news for Russia though, their economy is now in free-fall since a massive proportion of their GDP is based on oil and gas exports.

A newly independent Scotland would also have been in the financial shit.

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By *bfoxxxMan
over a year ago

Crete or LANCASTER

Is that good?

Price of water will go up now. .

We've got to be ripped off somewhere else to compensate!

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By *olly RogererMan
over a year ago

Braintree

Petrol will be sub £1 a litre before march. However dont get excited too much as it is bad for the economy. Whilst good for motorist watch everything else shoot up in price

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By (user no longer on site)
over a year ago

Considering the price of a barrel of oil has halved, a 20p a litre reduction in petrol isn't a great deal

But super unleaded is now around £1.15 which is great news and any further reductions would be great

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By (user no longer on site)
over a year ago


"And the price per barrel continues to fall. Possibly more price reductions at the pumps on the way.

It's also keep the inflation rate down too and, therefore, there is less pressure on the Bank of England to raise interest rates - which would kill quite a few people with massive mortgages.

Not good news for Russia though, their economy is now in free-fall since a massive proportion of their GDP is based on oil and gas exports.

A newly independent Scotland would also have been in the financial shit."

I'm sure ive read that Russia's economy is based around $100 a barrel of oil.

I've got an app to track the gold & silver price which has oil price on too oil is $48 today

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By *olly RogererMan
over a year ago

Braintree

Thats true. Russia is in free fall economy wise anyway and with the addition of fracking in the U.S it was onlyba matter of time before saudi and russia woke up and smelt the coffee.

However its the green scheme going to be hit hardest. But as they say...alls fair in love and war

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By (user no longer on site)
over a year ago


"I can remember the outrage when petrol went up to 50p a gallon. "

When it changed from £sd to £p it was 33p per GALLON!

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By *nnyMan
over a year ago

Glasgow

It'll soon be down to $44.70 or even $13.14 a barrel.

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By (user no longer on site)
over a year ago


"Is that good?

Price of water will go up now. .

We've got to be ripped off somewhere else to compensate! "

Paying for water I'll post you some.

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By *icolerobbieCouple
over a year ago

walsall

Enjoy it while it lasts....because it won't last long.

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By (user no longer on site)
over a year ago

Think of the money the government is losing.

We can expect a big rise at the next budget

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By *nnyMan
over a year ago

Glasgow

That'd be a brave move a few weeks before the General Election.

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By *r_BigHeadMan
over a year ago

The Naughty Step (aka Northampton)


"Think of the money the government is losing.

We can expect a big rise at the next budget"

The government is losing nothing. Fuel duty is a fixed rate pence per litre. Which is why pump prices don't go down at the same rate as a barrel of oil does. The thing that is really annoying is that they charge VAT on the duty as well (tax the tax)

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By (user no longer on site)
over a year ago


"And the price per barrel continues to fall. Possibly more price reductions at the pumps on the way.

It's also keep the inflation rate down too and, therefore, there is less pressure on the Bank of England to raise interest rates - which would kill quite a few people with massive mortgages.

Not good news for Russia though, their economy is now in free-fall since a massive proportion of their GDP is based on oil and gas exports.

A newly independent Scotland would also have been in the financial shit.

I'm sure ive read that Russia's economy is based around $100 a barrel of oil.

I've got an app to track the gold & silver price which has oil price on too oil is $48 today "

.

Everybody's economy is based on 100 dollar barrel the difference being Saudi have a trillion dollar wealth fund to fall back onto and there oil is still profitable at 40 bucks, where as if you look around the fracking companies are going tits already (which I'm very happy about personally) because it costs between 70-110 just to produce.

The us fracking boom literally came from the QE and 0% interest rates, it was a purely speculative gamble which is going south quickly... Which in itself is pretty bad as most of the banks are derivited to the hilt on oil prices.

Some things never change!

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By (user no longer on site)
over a year ago

In fact it's that bad the banks in the us have just asked for the law stopping them from dipping into peoples bank accounts and pensions to be removed!.

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By (user no longer on site)
over a year ago

Wish i had kept my 2.0 engine

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By *ingle Beds LassWoman
over a year ago

Bedfordshire

Diesel at Tesco yesterday £1.15

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By (user no longer on site)
over a year ago


"it is 105.9 per litre here..... and ladbrokes have it as odds on that it will be less than £1 per litre by the end of the month......

it is weird that i have changed the way I have filled up the car in the last few months.... i use to do it when the tank was half empty.... now i wait till the last possible moment just in case the prices keep dropping"

Same here, never ever went below 1/4 tank till now.

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By (user no longer on site)
over a year ago

Well it will certainly piss off the exchequer, he needs the VAT to pay for all the MPs expenses.

If the price continues to fall,the west will be forced to screw us all from a different angle.

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By (user no longer on site)
over a year ago

The last time oil prices slumped was 6 months before the banking crisis of 2007.

The weaving entanglement of commerce is much worse than people think!. Low oil prices will certainly not help any recovery, that's if we ever have a recovery, Europe is in deflation, debts are as high as ever, interests rates can't go any lower and central banks are buying there own bonds, the only saving grace is there's been no run on the dollar as yet, however bearing in mind Russia has had to raise their rates to 17% what will become of the west when/if we have to do the same.

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By (user no longer on site)
over a year ago

Cheapest petrol around here at the moment is a fraction under £4.80p a gallon.....

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By (user no longer on site)
over a year ago

And me wiv da 3.5 litre V6 shag waggon

Might put mi foot down a bit more

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By *riskynriskyCouple
over a year ago

Essex.

My dream winter, petrol less than £1 a liter and a foot of snow...

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By (user no longer on site)
over a year ago

105.7 at Asda by me

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By *riskynriskyCouple
over a year ago

Essex.


"My dream winter, petrol less than £1 a liter and a foot of snow...

"

or less than £1 a litre, I'm not fussy...lol

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By (user no longer on site)
over a year ago

Shame that beer is still around an average of say £3 a PINT.

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By *abioMan
over a year ago

Newcastle and Gateshead

getting closer... filled up my tank of petrol at 104.9 tonight.....

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By *emmefataleWoman
over a year ago

dirtybigbadsgirlville

So have we spotted where they will clunk us instead of fuel then?

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By *razedcatMan
over a year ago

London / Herts

In the run up to the elections, I'm not surprised the prices are falling.

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By *abioMan
over a year ago

Newcastle and Gateshead


"In the run up to the elections, I'm not surprised the prices are falling."

this one has nothing to do with elections and everything to do with the price of a barrel.... in the last 15 months it has basically dropped from 115 dollars a barrel to 45 dollars a barrel

so the price of petrol at the pump has dropped but it is interesting that the price of airline flights hasn't dropped yet... but that should happen soon

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By *razedcatMan
over a year ago

London / Herts


"

this one has nothing to do with elections and everything to do with the price of a barrel.... in the last 15 months it has basically dropped from 115 dollars a barrel to 45 dollars a barrel

"

I'm still interpreting the cause as a political one though

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By (user no longer on site)
over a year ago

Why does the price of Fuel bother people?...

You've got to have it. It's one of those things I don't even think about because I can't live without fuel in my car.

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By (user no longer on site)
over a year ago


"In the run up to the elections, I'm not surprised the prices are falling.

this one has nothing to do with elections and everything to do with the price of a barrel.... in the last 15 months it has basically dropped from 115 dollars a barrel to 45 dollars a barrel

so the price of petrol at the pump has dropped but it is interesting that the price of airline flights hasn't dropped yet... but that should happen soon"

I hope so - I've not had a holiday in almost 3 years

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By (user no longer on site)
over a year ago

Sadly i suspect that the price of Oil will head back up as quickly as it has fallen What i would like to know is why Gas and Electricity prices have not moved a penny yet?

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By (user no longer on site)
over a year ago


"Sadly i suspect that the price of Oil will head back up as quickly as it has fallen What i would like to know is why Gas and Electricity prices have not moved a penny yet?"
.

It's winter .

They buy gas in bulk 8 to 12 months ago. So the price they paid then would have been higher, but truth be known.... There a bunch of fucking crooks like bankers. One nice cartel of profit

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By (user no longer on site)
over a year ago


"Sadly i suspect that the price of Oil will head back up as quickly as it has fallen What i would like to know is why Gas and Electricity prices have not moved a penny yet?.

It's winter .

They buy gas in bulk 8 to 12 months ago. So the price they paid then would have been higher, but truth be known.... There a bunch of fucking crooks like bankers. One nice cartel of profit"

And maybe because oil fired generation makes up very little of the nations fuel mix?!

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By *otlovefun42Couple
over a year ago

Costa Blanca Spain...

There is a lot of politics involved in this and in the next few months anything could happen.

It started as the Chinese economy started to slow and and their demand for oil was cut causing a small price drop. Usually OPEC, led by the Saudi's, would cut production to keep the price up, this time they didn't.

The Saudi's saw an opportunity to not only screw their greatest enemy in the region, Iran, which still needs a high oil price, but also Putin's Russia who are supporting another enemy, Assad's Syria.

They were also a bit nervous about the US becoming self sufficient in oil through fracking and a low oil price would put many fracking company's under severe pressure or even into bankruptcy leading to the US being reliant on imported (Saudi) oil again.

Personally I think we can enjoy the low prices for a few months yet but eventually OPEC will cut production and force the price back up.

Here in Spain Diesel averaging around 1.08€ and unleaded at around 1.12€. Brent crude at $48.78 and falling

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By (user no longer on site)
over a year ago

I bet Alec Salmomd is breathing a sigh of relief that Scotland didn't vote for independence they based their economic figures on $100 per barrel- makes it tricky for Nicola Sturgeon though lol

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By (user no longer on site)
over a year ago


"Sadly i suspect that the price of Oil will head back up as quickly as it has fallen What i would like to know is why Gas and Electricity prices have not moved a penny yet?.

It's winter .

They buy gas in bulk 8 to 12 months ago. So the price they paid then would have been higher, but truth be known.... There a bunch of fucking crooks like bankers. One nice cartel of profit

And maybe because oil fired generation makes up very little of the nations fuel mix?! "

.

30% is made up of gas generation though and LNG has fallen along with oil. In fact the drill baby drill fracking revolution in the USA pushed down gas way before oil because you get gas in a bigger quantity than oil.

Cartels always keep their prices high, that's why we got opec in the first place!

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By (user no longer on site)
over a year ago


"it is 105.9 per litre here..... and ladbrokes have it as odds on that it will be less than £1 per litre by the end of the month......

it is weird that i have changed the way I have filled up the car in the last few months.... i use to do it when the tank was half empty.... now i wait till the last possible moment just in case the prices keep dropping"

Im doing exactly the same thing at the mo , ive a Quater of a tank left and im just hanging on untill paye day on Friday in case we hit the £1 mark at sainsburys , nectar points lol

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By *exy BeckyCouple
over a year ago

Bergerac, France

Here in France, diesel is cheaper than petrol.

Currently diesel is around 83p a litre and still slowly falling.

Just in time for our visit to the UK next week....!!

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By (user no longer on site)
over a year ago

Harvesters in Birmingham £.97 ltr

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By (user no longer on site)
over a year ago

Don't get too excited, it'll be on the rise soon enough - once Russia has been squeezed and fracking starts.

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By (user no longer on site)
over a year ago


"Here in France, diesel is cheaper than petrol.

Currently diesel is around 83p a litre and still slowly falling.

Just in time for our visit to the UK next week....!!

"

.

Only because of tax!.

The demand for heavy oil fuels is currently well out of kilter with petroleum spirit, which is why petrol is discounted by the refiners as they tend to be making surplus.

The huge turnaround in the past twenty years from petrol to diesel cars and the huge increase in air travel have caused the refiners quite a bit of supply problems.

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By (user no longer on site)
over a year ago


"Don't get too excited, it'll be on the rise soon enough - once Russia has been squeezed and fracking starts.

"

.

Exactly but it really all depends on how long gdp is depressed for.

If there was a sudden uptake in growth Saudis plans would be pissing into the wind

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By *nnyMan
over a year ago

Glasgow


"I bet Alec Salmomd is breathing a sigh of relief that Scotland didn't vote for independence they based their economic figures on $100 per barrel- makes it tricky for Nicola Sturgeon though lol"

Eck won't be bothering about petrol prices though. The SNP has awarded him a chauffeur driven car.

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By *aterstoneMan
over a year ago

Bluewater

not true , just work near there , its 105p

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By *nleashedCrakenMan
over a year ago

Widnes


"Hope it gets even cheaper again. Be nice to watch the petrol amount being more than the money as you're filling, been a very long time! "

It'll go up after the election. Who ever wins there is no way the won't tax it back up to at least 120p

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By (user no longer on site)
over a year ago


"There is a lot of politics involved in this and in the next few months anything could happen.

It started as the Chinese economy started to slow and and their demand for oil was cut causing a small price drop. Usually OPEC, led by the Saudi's, would cut production to keep the price up, this time they didn't.

The Saudi's saw an opportunity to not only screw their greatest enemy in the region, Iran, which still needs a high oil price, but also Putin's Russia who are supporting another enemy, Assad's Syria.

They were also a bit nervous about the US becoming self sufficient in oil through fracking and a low oil price would put many fracking company's under severe pressure or even into bankruptcy leading to the US being reliant on imported (Saudi) oil again.

Personally I think we can enjoy the low prices for a few months yet but eventually OPEC will cut production and force the price back up.

Here in Spain Diesel averaging around 1.08€ and unleaded at around 1.12€. Brent crude at $48.78 and falling

"

OPEC will have to settle for a barrel price that makes it just uneconomic for fracking.

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By (user no longer on site)
over a year ago

Can I get that 5.7 litre V8 i've had my eyes on now? lol

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By (user no longer on site)
over a year ago


"Can I get that 5.7 litre V8 i've had my eyes on now? lol"

Go for it...I'm using my 2.8V6 more and the diesel runaround less now.

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By (user no longer on site)
over a year ago


"Can I get that 5.7 litre V8 i've had my eyes on now? lol

Go for it...I'm using my 2.8V6 more and the diesel runaround less now. "

Wish I had the £££'s to get it.

This year though, hopefully.

Mind you, I need to sort the rear axle on the 3.8 first, lol

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By (user no longer on site)
over a year ago


"Can I get that 5.7 litre V8 i've had my eyes on now? lol"

I drive one and I've taken it off the road for a full rebuild! All in the timing...

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By *nnyMan
over a year ago

Glasgow

Gasoline in Michigan is $1.80 a GALLON.

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By (user no longer on site)
over a year ago

Still mostly 113.9 around here for Diesel - still works out around £18 cheaper per tank of fuel from a few months ago Long may it continue

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By *otlovefun42Couple
over a year ago

Costa Blanca Spain...


"There is a lot of politics involved in this and in the next few months anything could happen.

It started as the Chinese economy started to slow and and their demand for oil was cut causing a small price drop. Usually OPEC, led by the Saudi's, would cut production to keep the price up, this time they didn't.

The Saudi's saw an opportunity to not only screw their greatest enemy in the region, Iran, which still needs a high oil price, but also Putin's Russia who are supporting another enemy, Assad's Syria.

They were also a bit nervous about the US becoming self sufficient in oil through fracking and a low oil price would put many fracking company's under severe pressure or even into bankruptcy leading to the US being reliant on imported (Saudi) oil again.

Personally I think we can enjoy the low prices for a few months yet but eventually OPEC will cut production and force the price back up.

Here in Spain Diesel averaging around 1.08€ and unleaded at around 1.12€. Brent crude at $48.78 and falling

OPEC will have to settle for a barrel price that makes it just uneconomic for fracking. "

That is probably where it will finish by the middle of the year.

Update on the Spanish prices.

I drove past a large supermarket station this morning and diesel was 97 cents (74p) and unleaded 1.05 € (84p)

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By *abioMan
over a year ago

Newcastle and Gateshead

......... and the supermarkets announce another 2p per litre is coming off their petrol/diesel prices as off tomorrow...

so asda for example will be selling petrol tomorrow at 103.7.....

its almost in reach!!!!

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By (user no longer on site)
over a year ago

My local country garage is 3p per litre cheaper than the local Tesco or Morrisons prices.....!!!

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By *amslam1000Man
over a year ago

willenhall

The Harvest petrol stations in Birmingham dropped the price to 99.7p over the weekend. According to the RAC, the current average in petrol stations across the nation is around the 109p mark, with some dropping as low as 104p in the last few days. But the Harvest stations are the first to drop below £1.

https://uk.finance.yahoo.com/news/petrol-price-falls-below-1-125249401.html

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By (user no longer on site)
over a year ago

Thank fook

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By *ominantDogMan
over a year ago

Docklands, Exmoor, Manchester


"Just seen on my Facebook feed, that Tescos on Old Kent Road (London), is the 1st garage to go sub £1.

Now it's even cheaper for you to five to me and give me a blow job "

Just watch out for the lads on mopeds shooting at you, especially if you are driving an Audi. A modern day risk reward challenge...

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By *nnyMan
over a year ago

Glasgow

Brent Crude $47 a barrel.

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By *ophieslutTV/TS
over a year ago

Central

Flight fuel surcharges not falling for me. Guess airlines bought too high, but they'll not reduce them when they buy cheap oil!

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By *udistnorthantsMan
over a year ago

Desborough

My 3.0V6 is seeing a bit more use than my 2.0D

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By *otlovefun42Couple
over a year ago

Costa Blanca Spain...


"Brent Crude $47 a barrel."

Heading south rapidly. Now $45.60.

They will be paying us to take the stuff away soon.

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By (user no longer on site)
over a year ago

I paid 58.9p per litre for my fuel yesterday. I have an accumulator card too so I got an extra 7p off , making it 51.9p!!!

I love my LPG van and car

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By (user no longer on site)
over a year ago

I just wish that I could understand the discrepancies between Geographical areas in the UK!! I work in and around the East Midlands and live in Sheffield the cheapest unleaded I have seen is £1.05! Diesel which I use around £1.11! Yet from the sound of the postera here it must be at least 5 or 6p cheaper than that in London and Birmingham

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By *otlovefun42Couple
over a year ago

Costa Blanca Spain...


"Think of the money the government is losing.

We can expect a big rise at the next budget

The government is losing nothing. Fuel duty is a fixed rate pence per litre. Which is why pump prices don't go down at the same rate as a barrel of oil does. The thing that is really annoying is that they charge VAT on the duty as well (tax the tax)"

Yes, the same thing applies on alcohol and tobacco duty. The government is losing some money though.

The VAT goes up and down with the retail price so both Osbourne and Balls will have to re do their sums between now and May.

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By (user no longer on site)
over a year ago


"My 3.0V6 is seeing a bit more use than my 2.0D "

Haha I was just thinking I might start driving my 4.6 v8 a bit more now, great minds lol

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