Francie 6,362 Posted June 18, 2022 Report Share Posted June 18, 2022 1 minute ago, chartpolski said: In 2008 oil was $130 per barrel, petrol was £1:19 per litre. In 2022 oil is $130 per barrel, petrol is £1.90 per litre. Go figure........... Cheers. Planned hike charts,some of these occurrences coincide with wef policies there trying to implement hmmmm not coincidence in my book Quote Link to post Share on other sites
Born Hunter 17,638 Posted June 18, 2022 Report Share Posted June 18, 2022 (edited) 2 hours ago, chartpolski said: In 2008 oil was $130 per barrel, petrol was £1:19 per litre. In 2022 oil is $130 per barrel, petrol is £1.90 per litre. Go figure........... Cheers. Quite simply, crude oil isn't petrol. And a pound today isn't equal to a pound in 2008. Inflation has led to considerably greater cost in taking that $130 barrel of crude and transforming it into a litre of petrol at the pump. The $-£ exchange rate have also deteriorated since then, meaning that even relatively it's not the same. And just as the crude oil production ability of the upstream oil industry has been damaged by the downturn, the downstream's ability to process it into petrol has been too. These are demonstrable data driven facts. Edited June 18, 2022 by Born Hunter Quote Link to post Share on other sites
waltjnr 5,972 Posted June 18, 2022 Report Share Posted June 18, 2022 12 minutes ago, Born Hunter said: Quite simply, crude oil isn't petrol. And a pound today isn't equal to a pound in 2008. Inflation has led to considerably greater cost in taking that $130 barrel of crude and transforming it into a litre of petrol at the pump. The $-£ exchange rate have also deteriorated since then, meaning that even relatively it's not the same. And just as the crude oil production ability of the upstream oil industry has been damaged by the downturn, the downstream's ability to process it into petrol has been too. These are demonstrable data driven facts. Born is the brains of this forum ,probably got proper exams ,not CSE'S ,YTS ,does joined up writing ,and doesn't need spell check ! 1 3 Quote Link to post Share on other sites
Born Hunter 17,638 Posted June 18, 2022 Report Share Posted June 18, 2022 3 hours ago, sandymere said: One of the taxes that isn't earnings linked so it hits those on lower incomes. In theory if they were to scrap fuel duty and increase tax on earnings by a couple of pence the lower earners would be a lot better off. I’m actually a fan of just taxing income. It doesn’t damage the economy in the same way that corporation tax, vat, duty etc do. Makes the uk a cheap place for foreigners to spend their money and makes the complex tax monster that we have more transparent. In theory. Quote Link to post Share on other sites
Born Hunter 17,638 Posted June 18, 2022 Report Share Posted June 18, 2022 1 minute ago, waltjnr said: Born is the brains of this forum ,probably got proper exams ,not CSE'S ,YTS ,does joined up writing ,and doesn't need spell check ! I’m sure no one will take issue with that statement. 1 Quote Link to post Share on other sites
waltjnr 5,972 Posted June 18, 2022 Report Share Posted June 18, 2022 1 minute ago, waltjnr said: Born is the brains of this forum ,probably got proper exams ,not CSE'S ,YTS ,does joined up writing ,and doesn't need spell check ! Full respect ,your a knowledgeable fella ,and put it across nicely 1 Quote Link to post Share on other sites
waltjnr 5,972 Posted June 18, 2022 Report Share Posted June 18, 2022 1 minute ago, Born Hunter said: I’m sure no one will take issue with that statement. Fkuc em ! 1 Quote Link to post Share on other sites
Born Hunter 17,638 Posted March 29, 2023 Report Share Posted March 29, 2023 Anybody else seeing these prices. I paid this for diesel in Yeovil last week and again today in east mids. Quote Link to post Share on other sites
dogmandont 9,355 Posted March 29, 2023 Report Share Posted March 29, 2023 11 minutes ago, Born Hunter said: Anybody else seeing these prices. I paid this for diesel in Yeovil last week and again today in east mids. Still 50p a litre to dear born. Quote Link to post Share on other sites
Born Hunter 17,638 Posted March 29, 2023 Report Share Posted March 29, 2023 Just now, dogmandont said: Still 50p a litre to dear born. Not been a quid a litre in over ten years mate. Quote Link to post Share on other sites
Born Hunter 17,638 Posted March 29, 2023 Report Share Posted March 29, 2023 You’ll be expecting Mars bars to be proper size again next! 1 Quote Link to post Share on other sites
Born Hunter 17,638 Posted March 29, 2023 Report Share Posted March 29, 2023 Drop another 15p and we’re back to pre covid prices. 1 Quote Link to post Share on other sites
Bakerboy 3,250 Posted March 29, 2023 Report Share Posted March 29, 2023 £1.64 local Quote Link to post Share on other sites
dogmandont 9,355 Posted March 29, 2023 Report Share Posted March 29, 2023 1 minute ago, Born Hunter said: You’ll be expecting Mars bars to be proper size again next! Can of coke, a marathon and a bag of salt and vinegar for 50p is what I'm yearning for. Lol. 3 Quote Link to post Share on other sites
TOMO 24,876 Posted March 29, 2023 Report Share Posted March 29, 2023 Cotgrave...born... 149 at morrisons Gamston...and asda west Biridgford Quote Link to post Share on other sites
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