fuel prices

http://www.thisismoney.co.uk/money/cars/article-2322036/Petrol-costs-British-drivers-Europe-rocketed.html

regards

Mike

Mike,

I wonder why they are getting upset about the price of petrol?

The weak pound has resulted in EVERYTHING going up in price.

I still don't understand how the Media in the UK can still bang on about the problems of the Euro Zone! If the Euro is in trouble then the GB Pound should be trading at £1 = €2 or more!

The good news is that us "diesel-heads" are just happy that when we leave the UK sanity prevails and diesel costs less than petrol!

Best regards,

Ian

Hi Ian,
Not down under!
regards

Mike

mikethebike wrote:Hi Ian,
Not down under!
regards

Mike

Looks like the oil companies are doing a con job there as well then as diesel is much cheaper to make than petrol; or the politicians have whacked on the tax!


Ian

Hi Ian , I thought it was a lack of refining capacity +tax.
In Europe its lower to help business/transport costs.
Diesel is much dearer in the States,with fewer diesel cars.
Not sure why.
rgds
Mike

Mike,

A friend of mine in the oil business in Houston (now retired) explained to me that the Oil Companies have convinced some governments that producing the low-sulphur diesel that they require for large towns and cities is more expensive.

Apparently, on the face of it, it is more expensive but as my friend pointed out "Of course, that's if you don't factor in the massive savings we make in the refineries and distribution systems downstream from where the sulphur is removed; and we don't."

There's always a "but" where oil companies are concerned!


Ian