Fuel prices, will they increase or decrease - Alfa Romeo Forum
You are currently unregistered, register for more features.    
Rant Room Clean ranting only - No Swearing!

Reply
 
Thread Tools
(Post Link) post #1 of 40 Old 03-06-08 Thread Starter
Status: -
 
Join Date: Apr 2008
Posts: 315
Fuel prices, will they increase or decrease

Is it likey that prices will go Up, down,Or stay the same in the near future.

Because its mad at the moment, I saw 1.34 for diesel earlier
tomcole19 is offline  
Sponsored Links
Advertisement
 
Status: -
 
Join Date: Mar 2008
Posts: 2,870
Re: Fuel prices, will they increase or decrease

Up as in the Autumn the government is adding a extra 2pence to the fuel duty and the OPEC countries are not willing to boost production of oil...
Tony_156JTD is offline  
Status: frenzied burrowing
AO Platinum Member
 
Fraser's Avatar
 
Join Date: Mar 2003
Location: United Kingdom
County: South Lanarkshire
Posts: 19,680
Re: Fuel prices, will they increase or decrease

^
^
^
^
^
^Up
Fraser is offline  
Status: -
AO Member
 
Paul J's Avatar
 
Join Date: Nov 2006
Location: United Kingdom
County: Berkshire
Posts: 879
Re: Fuel prices, will they increase or decrease

Quote:
Originally Posted by Tony_156JTD View Post
Up as in the Autumn the government is adding a extra 2pence to the fuel duty and the OPEC countries are not willing to boost production of oil...
Doubt we'll notice that addition, what with the weekly/daily/hourly price increases
Paul J is offline  
Status: -
 
Join Date: Mar 2007
Posts: 4,522
Re: Fuel prices, will they increase or decrease

This is the part where I jump in and start bangin on about the cost of oil etc

BUT

Oil is $10 below its peak and yet were still seeing the price go up on the forecourts
G5een is offline  
Status: older and stupider :D
AO Gold Member
GTV/Spider Lounge Winner 09
 
alfa-female's Avatar
 
Join Date: Apr 2008
Location: United Kingdom
County: Monmouthshire
Posts: 9,245
Re: Fuel prices, will they increase or decrease

its come down by 5p to buy in.....but the forecourts wont drop
alfa-female is offline  
Status: Saving for engine.
AO Silver Member
 
tomfromtelford's Avatar
 
Join Date: Jun 2007
Location: United Kingdom
County: Shropshire
Posts: 4,241
Re: Fuel prices, will they increase or decrease

It's one big con.

They won't lower it until is wide public knowledge that the oil price has fallen
tomfromtelford is offline  
Status: older and stupider :D
AO Gold Member
GTV/Spider Lounge Winner 09
 
alfa-female's Avatar
 
Join Date: Apr 2008
Location: United Kingdom
County: Monmouthshire
Posts: 9,245
Re: Fuel prices, will they increase or decrease

Quote:
Originally Posted by tom147 View Post
It's one big con.

They won't lower it until is wide public knowledge that the oil price has fallen
yup///so start talking i think lol
alfa-female is offline  
Status: -
 
Join Date: Mar 2007
Posts: 4,522
Re: Fuel prices, will they increase or decrease

Quote:
Originally Posted by tom147 View Post
It's one big con.

They won't lower it until is wide public knowledge that the oil price has fallen
Problem then is if it goes back up and everyone knows about it, perfect excuse to bump it right up.

I feel for the commuters

Bear in mind, you'll pay 1.20 for a 500ml bottle of ribena at a service station makes the fuel sound cheap
G5een is offline  
Status: -
AO Member
 
gt74's Avatar
 
Join Date: Nov 2007
Location: Southampton
Posts: 696

Member car:

145 Cloverleaf

Re: Fuel prices, will they increase or decrease

Down. The rise in oil is part of the speculative commodity bubble that is currently pushing food and energy prices high.

The money that was in property speculation simply moved to commodities. When the bubble bursts the price will fall.

Contrary to media reports, oil and petrol demand hasn't suddenly skyrocketed but is actually fairly static and production is steady. The only difference is that the futures markets are manipulating the price for profit.
gt74 is offline  
Status: -
 
Join Date: Mar 2007
Posts: 4,522
Re: Fuel prices, will they increase or decrease

I can see oil dropping to around $90-$100. The high prices are hurting demand.
G5een is offline  
Status: zzzzzzzz
AO Platinum Member
 
symon's Avatar
 
Join Date: Dec 2005
Location: United Kingdom
County: Oxfordshire
Posts: 37,085
Re: Fuel prices, will they increase or decrease

I think prices will carry on rising, but more slowly than they have been. The price difference between Petrol and Diesel will get greater.
symon is offline  
Status: We got there
AO Silver Member
 
Mr_Caine's Avatar
 
Join Date: Mar 2002
Location: United Kingdom
County: Surrey
Posts: 3,189

Member car:

GTV, RCZ, KTM

Re: Fuel prices, will they increase or decrease

I reckon down for a shortwhile now, the price has raced up for no genuine reason other than fear and price manipulation. I think the price per barrel will drop back 20% and stay fairly steady.
Mr_Caine is offline  
garwood1
Status: - Update
Guest
 
Posts: n/a
Re: Fuel prices, will they increase or decrease

Here in Central California at the moment - they are paying $5.30 for a gallon of diesel, and $4.80 for Unleaded. LOTS of trucks and SUV's for sale. Most car dealers here won't even take an SUV or pickup for a trade in at the moment. GM announced today it was closing 4 truck assembly plants. Lots of press about taking bus / train vs car for your long distance travels. There is no end in sight to the price increases, so the US is starting to get a taste of what we have been enduring for some time now!
 
Status: 159 Hunted......
AO Platinum Member
 
dpat's Avatar
 
Join Date: Sep 2004
Location: United Kingdom
County: Cheshire
Posts: 32,436
Re: Fuel prices, will they increase or decrease

gt74 makes some good points in his post. The bubble will burst eventually. It is just how soon. Short term more increases then slowly downwards but never below £1.00 again I'd say
dpat is offline  
Nev
Status: - Update
Guest
 
Posts: n/a
Re: Fuel prices, will they increase or decrease

[Prediction]
I bet it starts to fall in September.
[/Prediction]
 
Status: One foot in, one foot out!
AO Platinum Member
 
zulu ferret's Avatar
 
Join Date: Oct 2006
Location: wgc
County: herts
Posts: 42,278
Re: Fuel prices, will they increase or decrease

I look forward to the reduction forecast by some folk.: Sincerely hope it goes back to the '56 price of about five bob a gallon, about 25p? That would suit me just fine. Ever upwards this pessimist guesses.:

I'm inclined to think that in some quarters, motoring will once more be regarded as a privilege, rather than an inherent right, to be enjoyed by the majority. Sorry boy's your mass mileages in the future are doomed!
zulu ferret is offline  
Status: zzzzzzzz
AO Platinum Member
 
symon's Avatar
 
Join Date: Dec 2005
Location: United Kingdom
County: Oxfordshire
Posts: 37,085
Re: Fuel prices, will they increase or decrease

Having thought about it, the only reason why there is as a shortage at present is bacause speculators are buying oil up to sell later at a profit. Apparently opec is producing enough oil to actually satisfy demand, but the speculators are creating an artificial shortage and artificially high prices.

Hopefully the bubble will burst and we be back down the 80-90 dollar barrel soon. If the US economy picks up investors will start investing in other things rather than oil. Especially if they get wind that the oil bubble may burst.

Thats an optimistic view, hopefully many speculators will get their fingers burnt as loose money like the rest of us have due to high prices.

Giulietta 2.0JTDm (170)
symon is offline  
Status: One foot in, one foot out!
AO Platinum Member
 
zulu ferret's Avatar
 
Join Date: Oct 2006
Location: wgc
County: herts
Posts: 42,278
Re: Fuel prices, will they increase or decrease

The pitcher that goes often to the well is broken at last. The stream cannot rise above it's source. The mill cannot grind with water that is past. Hey, Ho! off I go. (Wish he would permanently like!!) :
zulu ferret is offline  
Status: So good I did it thrice
AO Silver Member
 
PC7671's Avatar
 
Join Date: Mar 2007
Location: A4074
Posts: 2,082
Garage
Re: Fuel prices, will they increase or decrease

Unleaded is £1.13 down the road. I can see it dropping to about £1.07 if the government still add the 2p.

which they will.
PC7671 is offline  
Status: -
AO Silver Member
 
Pigfarmer's Avatar
 
Join Date: Jan 2007
Location: United Kingdom
County: Isle of Wight
Posts: 1,854

Member car:

hmmmm...

Re: Fuel prices, will they increase or decrease

went to Sardinia last week (lots of Alfa watching including a nice 159 police car i took a picture of)
prices were as Nev has said befiore similar across europe, but i found that Deisel and petrol were the same price? is this the case in France Nev?
why do we pay so much more for the stuff? down to Tax?
Pigfarmer is offline  
Status: zzzzzzzz
AO Platinum Member
 
symon's Avatar
 
Join Date: Dec 2005
Location: United Kingdom
County: Oxfordshire
Posts: 37,085
Re: Fuel prices, will they increase or decrease

I think most of europe pay less tax on diesel than on petrol. We pay the same tax for petrol and diesel, but the cost of producing diesel is greater hence the higher price.
symon is offline  
Status: -
 
Join Date: Mar 2008
Posts: 51
Re: Fuel prices, will they increase or decrease

I agree with Symonh2000 and a few others posting in the most part. The sharp increase in price was due to fear of shortages/ panic buying. The market economy is nowhere near efficient, especially in heated political/ economical times. The overshot of the price of oil will cool and drop to a 'more accurate' level. However, this drop in price will not be transfered to the end user as most people aren't aware of this, they are only aware of what the Daily Mail tells them!

My prediction: The price of petrol will stay roughly the same over the next month or so and get slightly more expensive towards the end of the year. Diesel will drop by between 4-5p in the coming month and then increase at a more stable rate towards the end of the year.

Having said that, like my boss said "You are only 23 years old, I have been through 2 economic downturns. The brightest minds on the planet can't predict what will happen and the loudest mouths can't change it. Sit back and enjoy the ride, you can't effect it so enjoy it!" - It is wasy to say that when you are on his wages !!
Rugbystudent is offline  
Status: -
AO Gold Member
 
badgers_nadgers's Avatar
 
Join Date: Sep 2003
Location: United Kingdom
County: Dorset
Posts: 7,154

Member car:

156 GTA SW

Re: Fuel prices, will they increase or decrease

Quote:
Originally Posted by Tony_156JTD View Post
Up as in the Autumn the government is adding a extra 2pence to the fuel duty and the OPEC countries are not willing to boost production of oil...
I'm not sure that lack of production is the problem.
badgers_nadgers is offline  
Status: -
 
Join Date: Mar 2007
Posts: 4,522
Re: Fuel prices, will they increase or decrease

Quote:
Originally Posted by symonh2000 View Post
I think most of europe pay less tax on diesel than on petrol. We pay the same tax for petrol and diesel, but the cost of producing diesel is greater hence the higher price.
I think it was the Tory's who decided to tax diesel the same as petrol a while back.

Oil down to $122 now.
G5een is offline  
Reply

Go Back   Alfa Romeo Forum > Misc Lounges > Community Discussions > Rant Room

Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page



Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is Off
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

 
For the best viewing experience please update your browser to Google Chrome