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Petrol price drop to 90.9p and diesel to 105.9 just announced : Asda + Tesco
Petrol price drop to 90.9p and diesel to 105.9 just announced : Asda + Tesco

Petrol price drop to 90.9p and diesel to 105.9 just announced : Asda + Tesco

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just heard on the news asda is dropping unleaded to 90.9

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Single Thread for all Petrol Companies @ 90.9p Unleaded/105.9p Diesel
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154 Comments

OK good stuff. Heat added, Any news on diesel ? Always used to be cheaper.

Diesel reduced to 105.9p/l also @ Asda

nice to see this as the price of oil has dropped to 55-60$ a barrel. Nice little saver for all those on tight budgets coming upto christmas. Other supermarkets (with local competition) should follow suit i imagine.

bigweapon07;3502752

nice to see this as the price of oil has dropped to 55-60$ a barrel. Nice … nice to see this as the price of oil has dropped to 55-60$ a barrel. Nice little saver for all those on tight budgets coming upto christmas. Other supermarkets (with local competition) should follow suit i imagine.


Yes i guess but how can they justify diesel being about 50p per gallon dearer than petrol when years ago ( when i had a petrol car :x ) it was always cheaper.

darren9030;3502756

Yes i guess but how can they justify diesel being about 50p per gallon … Yes i guess but how can they justify diesel being about 50p per gallon dearer than petrol when years ago ( when i had a petrol car :x ) it was always cheaper.



i disagree with it too as it goes further than petrol thus meaning better for the environment. Its just commercialism. they drop petrol by 2p but diesel by 1p, god knows what planet theyre on, is it because there is a higher demand for diesel?

it is a good deal but should be better.....

oil barrel high was $150/barrel and i was paying £1.32/ltr diesel

now oil barrel $55/barrel and im paying £1.07/ltr diesel

can u see my point??? i think should be £0.50/ltr but i dont get to decide :x

the badger;3502771

it is a good deal but should be better.....oil barrel high was … it is a good deal but should be better.....oil barrel high was $150/barrel and i was paying £1.32/ltr dieselnow oil barrel $55/barrel and im paying £1.07/ltr diesel can u see my point??? i think should be £0.50/ltr but i dont get to decide :x


No, not really.

You see, when crude oil prices almost doubled in price, the price of petrol/diesel at the pumps didn't also double.

So you see as prices didn't rise by the same factor, you cannot expect them to fall by the same factor.

hotukdeals.com/ite…-d/

Premier;3502775

No, not really.You see, when crude oil prices almost doubled in price, … No, not really.You see, when crude oil prices almost doubled in price, the price of petrol/diesel at the pumps didn't also double.So you see as prices didn't rise by the same factor, you cannot expect them to fall by the same factor. :)http://www.hotukdeals.com/item/243807/oil-price-petrol-and-diesel-price-d/



I know what your saying but i do believe fuel companies pass on increases far quicker and by the full amount or more than decreases in wholesale oil prices....just look at the daily profits of shell:x

Banned

the badger;3502771

it is a good deal but should be better.....oil barrel high was … it is a good deal but should be better.....oil barrel high was $150/barrel and i was paying £1.32/ltr dieselnow oil barrel $55/barrel and im paying £1.07/ltr diesel can u see my point??? i think should be £0.50/ltr but i dont get to decide :x


gordon brown takes about 65p per litre which doesnt change, regardless of the oil barrel price. The tax is set to go up another 2p in April.

Banned

I'm actually glad I've waited on getting a diesel and still got a petrol Renault Scenic. I can't believe how inflated Diesel still is, the gap wasn't this big before the giant price rises was it?

I have always presumed that the price of diesel is higher because you get more miles per gallon, and you dont have to fill up as much as petrol, so they have always kept it at a higher rate, becuase they dont sell as much.

as I am typing it doesnt seem to make much sense, oh well, all done, enough said or not said.

walibe;3502872

I'm actually glad I've waited on getting a diesel and still got a petrol … I'm actually glad I've waited on getting a diesel and still got a petrol Renault Scenic. I can't believe how inflated Diesel still is, the gap wasn't this big before the giant price rises was it?




Diesel prices dont make the headlines. Petrol prices do. Hence they forecourts need to make money from somewhere so chose diesel to do so.
I think we will have a post like this every couple of days for the next few weeks.

Asda reduces petrol to 90p
Tesco to 89
asda to 88

sainsburys to 80

etc etc... lol

I was listening to the radio a week or so ago and the exact same question came up with regards to diesel prices. According to the expert(?) the price differential is due to the manufacturing costs of today's diesel (more complex to manufacture) and a shortage. When they say shortage it's in relation to petrol as there are still substantially more petrol cars on the road. All in all I thought he was talking b*ll*cks, just an excuse to cream more cash from company car drivers as most fleets are all diesel!!:santa:

To work out whether to stick with diesel, here is the sum:

Petrol = 90.9p per litre = 409p per gallon (ish)

If your petrol car does 35mpg, then it will cost you 409 (cost per gallon) / 35 (miles) = 11.7p per mile

Diesel = 105.9 per litre = 477p per litre (ish)

If your diesel car does 45mpg, then it will cost you 477 (cost per gallon) / 45 (miles) = 10.6p per mile

So, in conclusion, diesel will become less competitive if diesel gors up to over 118p per litre (in this scenario). Obviously the more/less mpg your diesel/petrol car does, the more the price will fluctuate.

Anyone know when the Asda price reduction is coming into force ?

Thanks
Daniel

the badger;3502781

I know what your saying but i do believe fuel companies pass on increases … I know what your saying but i do believe fuel companies pass on increases far quicker and by the full amount or more than decreases in wholesale oil prices....just look at the daily profits of shell:x



Shell makes its huge profits from exploration, not retail.

There is a time lag between when prices fall in the oil market and when they follow at the pumps because oil companies have to keep stock reserves - in the UK this is both for themselves and for the government. Furthermore, when petrol was £1.20 a litre, the pound was $2. Now the pound has fallen 20% against the dollar. Oil is priced in dollars. Whatever savings have been made and yet to filter through on the price of oil is countered by the higher cost of importing it. If the price had not fallen as far as it had, you could have seen prices at the pumps rising.

It's the endogeneity of supply and demand in the diesel market. i.e. as the price of fuel increased, it increased people's awareness of the need to maxmise fuel efficiency - buying a diesel car is an easy way to do that - so demand for diesel cars rises, relative to that of petrol. Therefore the price of diesel fuel rises relative to that of petrol.

As the price falls people are still driving around in diesel cars, hence the price differential (I should know - I now own 2 diesels where I didn't a couple of years ago)...

...this doesn't just apply to motoring - global demand for diesel has risen (more diesel container ships etc)

Diesel rose higher as demand outstripped refinery capacity - it's a different issue and adds to the oil prices one

Banned

Foxy102;3502912

To work out whether to stick with diesel, here is the sum:Petrol = 90.9p … To work out whether to stick with diesel, here is the sum:Petrol = 90.9p per litre = 409p per gallon (ish)If your petrol car does 35mpg, then it will cost you 409 (cost per gallon) / 35 (miles) = 11.7p per mileDiesel = 105.9 per litre = 477p per litre (ish)If your diesel car does 45mpg, then it will cost you 477 (cost per gallon) / 45 (miles) = 10.6p per mile



Don't forget servicing and parts tend to be higher for diesel though too.
Not sure about main dealers but when I had a diesel many back street garages wouldn't touch them apart from basic stuff, anything complex that needed doing had to go to a diesel specialist, who charged more per hour.

colinsunderland;3502944

Don't forget servicing and parts tend to be higher for diesel though … Don't forget servicing and parts tend to be higher for diesel though too.Not sure about main dealers but when I had a diesel many back street garages wouldn't touch them apart from basic stuff, anything complex that needed doing had to go to a diesel specialist, who charged more per hour.



That is true, although I have just brought a petrol and my father is in fact a mechanic who specialises in diesels :thinking:. That was probably a bad move!

colinsunderland;3502944

Don't forget servicing and parts tend to be higher for diesel though … Don't forget servicing and parts tend to be higher for diesel though too.Not sure about main dealers but when I had a diesel many back street garages wouldn't touch them apart from basic stuff, anything complex that needed doing had to go to a diesel specialist, who charged more per hour.



also diesel engines cost more in the first place , when i bought my car the diesel version was and extra 2k

colinsunderland;3502944

Don't forget servicing and parts tend to be higher for diesel though … Don't forget servicing and parts tend to be higher for diesel though too.Not sure about main dealers but when I had a diesel many back street garages wouldn't touch them apart from basic stuff, anything complex that needed doing had to go to a diesel specialist, who charged more per hour.



I have two cars, one petrol and the other diesel. I have not found much of a difference in servicing or parts. I have had the cars for several years.

Do buses run on diesel? just tryna work out why i'm still getting charged the hiked prices they put into force when petrol prices went sky high.

ChipSticks;3503155

Do buses run on diesel? just tryna work out why i'm still getting charged … Do buses run on diesel? just tryna work out why i'm still getting charged the hiked prices they put into force when petrol prices went sky high.



Diesel used to be cheaper than petrol until people started switching to diesel cars, then the government found a new source for taxation.

Banned

but dont diesels produce less emissions so therefore next year when the huge hikes in road tax come in, diesels will look more attractive again.

A 1.8 petrol mondeo will be £260 per year tax

Banned

Predikuesi;3503171

Diesel used to be cheaper than petrol until people started switching to … Diesel used to be cheaper than petrol until people started switching to diesel cars, then the government found a new source for taxation.


thats not true is it? The tax rates on diesel and unleaded is the same.

csiman;3503180

but dont diesels produce less emissions so therefore next year when the … but dont diesels produce less emissions so therefore next year when the huge hikes in road tax come in, diesels will look more attractive again.A 1.8 petrol mondeo will be £260 per year tax


Diesels produce less CO2 but more NOx and particulates, that's why it is banned (well... almost) in the US under TierII Bin 5.

As to price difference - I've got petrol hybrid, so am getting diesel-like economy for petrol price.

Its funny how our biggest supermarket, that goes on about every little helps, never takes the first step to reduce fuel price! But only match it when someone else does it! I suppose every little helps their profit!

Cold, still too high imo.

csiman;3503180

but dont diesels produce less emissions so therefore next year when the … but dont diesels produce less emissions so therefore next year when the huge hikes in road tax come in, diesels will look more attractive again.A 1.8 petrol mondeo will be £260 per year tax



My 1.4 Diesel 206 HDi costs £35 a year in tax, I think this year it is going to cost £30

Bazza71;3502911

I was listening to the radio a week or so ago and the exact same question … I was listening to the radio a week or so ago and the exact same question came up with regards to diesel prices. According to the expert(?) the price differential is due to the manufacturing costs of today's diesel (more complex to manufacture) and a shortage. When they say shortage it's in relation to petrol as there are still substantially more petrol cars on the road. All in all I thought he was talking b*ll*cks, just an excuse to cream more cash from company car drivers as most fleets are all diesel!!:santa:



The "expert" was correct. Hence him being an "expert" rather than Joe Public!

The demand for diesel in the UK alone has increased because the number of people buying diesel cars has increased. There may be more petrol cars on the road but if people move towards diesel cars then there isn't the same demand on the large petrol supply but a huge increase in the demand on the diesel supply. Simple supply and demand.

However, the main factor is probably because of the souring demand in the emerging economic giants of India and China. And, if I am correct (facts from an indian I work with) tax is less (might even be tax free) on diesel that petrol in India.

I wish i could stockpile this stuff

rob200375;3502875

I have always presumed that the price of diesel is higher because you get … I have always presumed that the price of diesel is higher because you get more miles per gallon, and you dont have to fill up as much as petrol, so they have always kept it at a higher rate, becuase they dont sell as much.as I am typing it doesnt seem to make much sense, oh well, all done, enough said or not said.



With respect...no you aren't making much sense ! Diesel always used to be a fair bit cheaper when it was less popular but increased fuel duty and oil company greed put a stop to that. I'm a keen motorist but haven't had a petrol car in over 10 years.

If / when LPG becomes more mainstream, expect the taxes on that to zoom up also....

Foxy102;3502912

To work out whether to stick with diesel, here is the sum:Petrol = 90.9p … To work out whether to stick with diesel, here is the sum:Petrol = 90.9p per litre = 409p per gallon (ish)If your petrol car does 35mpg, then it will cost you 409 (cost per gallon) / 35 (miles) = 11.7p per mileDiesel = 105.9 per litre = 477p per litre (ish)If your diesel car does 45mpg, then it will cost you 477 (cost per gallon) / 45 (miles) = 10.6p per mileSo, in conclusion, diesel will become less competitive if diesel gors up to over 118p per litre (in this scenario). Obviously the more/less mpg your diesel/petrol car does, the more the price will fluctuate.




That would be a good website if you could just plop in the values of petrol at the moment, what mpg your car does usually and then the cost per mile. ...

colinsunderland;3502944

Don't forget servicing and parts tend to be higher for diesel though … Don't forget servicing and parts tend to be higher for diesel though too.Not sure about main dealers but when I had a diesel many back street garages wouldn't touch them apart from basic stuff, anything complex that needed doing had to go to a diesel specialist, who charged more per hour.



I think you will find servicing for a diesel is cheaper and easier than on a petrol car. Servicing for a diesel equates to oil and filters (air, fuel and oil) changes. On a petrol, there are other things that need to be checked/changed such as spark plugs. All it takes for my Focus is a full service and an oil/filters changes a year, which comes to about £160 - not what I would call expensive.

Diesel engines may be more expensive to buy, but they will most probably out last the car, whereas a petrol engine most likely won't. I get about 57-60mpg out of my diesel focus and based on 600 miles a week, costs me about 2500 a year. Assuming an mpg of about 40, the same yearly mileage would cost me about 3k a year with a petrol! So over the life of the car, the more efficient diesel will have more than paid for itself! However, assuming price differences are maintained, my next car will be one with a big boot and an LPG tank in the back!

starkman;3503663

That would be a good website if you could just plop in the values of … That would be a good website if you could just plop in the values of petrol at the moment, what mpg your car does usually and then the cost per mile. ...



You mean like ] this website?

starkman;3503663

That would be a good website if you could just plop in the values of … That would be a good website if you could just plop in the values of petrol at the moment, what mpg your car does usually and then the cost per mile. ...



I have created a spreadsheet if anyone wants it? Yes, I know I am sad!

csiman;3503183

thats not true is it? The tax rates on diesel and unleaded is the same.



Wrong

53.65 pence per litre for conventional unleaded petrol
56.94 pence per litre for conventional diesel
30.35 pence per litre for bio-diesel and bio ethanol - low tax to encourage consumer conversion
16.49 pence per kg for gas other than natural gas (LPG)
13.70 pence per kg for natural gas used as road fuel.
9.69 pence per litre for rebated gas oil (red diesel)
9.29 pence per litre for rebated fuel oil

plus the extra VAT you are paying on the inflated diesel price

spraint;3503715

You mean like ] this website?



That just works out the tax doesn't it?

i think diesel is dearer for one simple reason, if it was the same price as petrol and bearing in mind i'd fillup less often then i would pay less tax, simple greed by the govt. promote diesel use then cream us for following them like sheep!!
i know people will say yes is because of the bio fuels costs etc etc but hasnt petrol changed over the years, no lead etc etc therefore it has extra costs that weren't there a few years ago?
we pay a premium for the privalage of diesel cars and then pay more for fuel!! this is why im keeping my vrs till it breaks.
im sure if well all moved back to petrol we'd see things go full circle
as mentioned once/if lpg gets a foothold then the same will happen there, god help this country once crude runs out what will the govt do then? tax us for breathing???
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