Petrol Price Expected To Top £1 in a matter of weeks

Found 29th May 2007
Petrol prices could rise to £1 a litre within weeks because of global instability, a lack of supply and refinery problems, experts have warned.

The AA is calling for an independent inquiry by the Transport Select Committee into rising prices and tight supplies of petrol and diesel.

static.sky.com/ima…jpg Prices have been rising steadily

The body says motorists are feeling "helpless".


Average prices have climbed to up to 96.5p a litre for unleaded petrol and 97.1p for diesel, according to its monthly survey.
Petrol started the year at 88.32p, and its lowest price this year was on February 1 when it was 86.0p a litre - a price last seen in June 2005.

15 Comments

Hardly surprising - fuel is always more expensive in the summer.

So they can't have found any oil in Iraq

Add to it instability in Nigeria, upcoming Russian elections, Venezuelan oil industry nationalization, possible Iran crisis, North Sea diminishing capacity, 2p tax increase this autumn and I am starting to wonder how long it would take before £2/litre.

Thank goodness for my 55mpg car :P

i already pay over a £1 for my petrol i use the super unleaded or whatever its called cant remember lol

its around £1.05 a litre or summat

Original Poster

lol @ chris, im in the same boat as you are...
small car, big mpg

I suppose thats the price of motoring.

As said, The rise comes every year and unless you can buy a couple of barrels now, You aren't going to get it any cheaper! (Unless you drive 30miles to the middle of nowhere wasting more fuel than you save!!

The problem with fuel prices is that it is affecting everything, including food, services and overall cost of living.
Big companies already started to react to extortionate fuel prices - Tesco ordered electrical delivery trucks, for example.

so my tesco order is now gonna arrive on a milk float? great!

Kommunist

The problem with fuel prices is that it is affecting everything, … The problem with fuel prices is that it is affecting everything, including food, services and overall cost of living. Big companies already started to react to extortionate fuel prices - Tesco ordered electrical delivery trucks, for example.



It all gets passed onto the consumer though, Thats the thing!

I can't see Electric delivery trucks would work!

Maybe they should just buy 10,000 electric cars and stick them in a competitions!, Probably would work out an equal advantage!

rajpop

small car, big mpg



Far from it mate - I drive a modified Leon FR TDI - 210 bhp & more torque than ever required ;-)

MinstrelMan

so my tesco order is now gonna arrive on a milk float? great!


LMAO!!!

Iom-RF

It all gets passed onto the consumer though, Thats the thing! I can't see … It all gets passed onto the consumer though, Thats the thing! I can't see Electric delivery trucks would work!Maybe they should just buy 10,000 electric cars and stick them in a competitions!, Probably would work out an equal advantage!


I guess that electric trucks would work for them See, these trucks are rarely leaving towns, so for local deliveries it should be ideal.

check out this website to find out where you can get the cheapest petrol in your area petrolprices.com you can search from distance from a postcode.

Hopefully if everybody brought their petrol from the cheapest places in areas the garages charging more would lose business hence having to compete aka lowing their prices......if only...lol

Yea, as if - the garages with the lowest prices will probably put them up more like !!!
Post a comment
Avatar
@
    Text
    Top Discussions
    1. 5am gym crew20137
    2. HUKD Nintendo Switch owners thread941396
    3. Marmite1823
    4. Krack WiFi vuln1121

    See more discussions