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Price of diesel versus petrol
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03-18-2008, 02:35 PM | #1 |
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Price of diesel versus petrol
Noticed today at Sainsburys that diesel is now 8 pence per litre more than petrol. The price difference between the two used to be around 3/4 pence per litre. I know an ex BP production manager who told me that the production process for refining diesel was more costly than petrol, however the crude oil required for diesel production is actually cheaper to buy.
My question is why is there now a wider gap in cost at the pump for the two fuels? When I first got the 335d, it was approximately 9 pence per mile cheaper to run in fuel terms than the 330i. Now the 335d is only approximately 3 pence per mile cheaper to run (notwithstanding MPG). Anyone any ideas? |
03-18-2008, 02:49 PM | #2 | |
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03-18-2008, 03:04 PM | #3 |
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Interesting article but why the wider price gap at the pumps from September last year to now?
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03-18-2008, 03:09 PM | #4 |
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03-18-2008, 03:12 PM | #5 |
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went to work today, one of my lorrys was running low on fuel we had a about 40 mile trip. We past 2 fill up pumps first one is 1.20 liltre so i said drive past that one and go to the other one about 10miles on, that was 1.17 both are local stations not big names we put in £170 of fuel in the trucks in the morning i said to the woman who was serving saying fuel is getting out of hand,and the other garage was 1.20,we drove past in the afternoon about 4ish and the harage that we filled up went upto 1..19 how can they do this. is this with in the law its not right
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03-18-2008, 03:36 PM | #6 |
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The price differential is biazarre. There was a point last year when diesel was cheaper than unleaded, about september if memory serves, explain that? The oil companies do it because they can get away with it. 8p price differential equates to about 36p per gallon. I remember 20 years or so when there was only a couple of pence difference between petrol and diesel per gallon. Now that prices have gone above the physcological 'barrier' of £1.00 per litre it seems that they have just rocketed. The next stage will be the £1.50/litre 'barrier.
It is also of interest that some pundits (spead betters more like) have predicted that oil prices may actually plunge back below $50/barrel this year. I dont know enough about the marker to comment, but it would be interesting to see if petrol/diesel prices reduce markedly if this is the case. Maybe a change in US presidency at the back end of the year will have an effect on oil prices. US foreign policy, in particular its attitude towards Iran, has a big effect on the markets........ sorry.... shutting up now.....i am now even boring myself ............... |
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03-18-2008, 04:00 PM | #7 | |
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My point entirely Pete - why the big price differential now - doing my head in! |
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03-18-2008, 04:42 PM | #9 |
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Just a stab in the dark -
More & more people are/were jumping ship from petrol to diesel, although with the price of diesel, perhaps that trend is going to end soon. Me, I know nothing
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03-18-2008, 05:20 PM | #10 |
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Diesel usually has an additive added during winter to stop it clogging.
The strange thing is diesel is cheaper than petrol in most of europe. I think the price differential is down to taxation. Since I've had my fuel card I've stopped looking at prices, I've been using V power since Nov and when I was at the pumps the other day I noticed the price was 1.19
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03-18-2008, 05:48 PM | #12 |
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03-19-2008, 04:10 AM | #13 | |
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03-19-2008, 06:42 AM | #14 |
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I love my diesel. How many diesels just ''fook off'' as it were from Older M cars...
Carlos P.s i know its not really a performace motor, but i had a go with one of those megane turbos the other night... EASY MAYYYTEEE
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03-19-2008, 01:58 PM | #16 | |
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Still fighting the cause Carl. It`s horses for courses, that little Megane Turbo would leave you blushing on a tight, twisty track but on a straightish road/ high speed run you`ll easily pull away from it as you have prob 70-80 hp more. |
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03-19-2008, 02:00 PM | #17 | |
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a 335i went around a tarck quicker than an rs4. But you think a megane turbo (fwd?) will leave fandango blushing? you aint seen me round the twisties mate, let alone me in a 340+bhp 335d
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