i30 Owners Club

FUEL ISSUES & ECONOMY => GENERAL => Topic started by: eye30 on April 19, 2009, 19:38:14

Title: UK fuel prices increasing again faster than when crude was at its highest
Post by: eye30 on April 19, 2009, 19:38:14: Read an article today which stated that there are numerous oil tankers anchored off the UK coast just left there until fuel prices increase.

They are artificially restricting supply of crude to drive up the price.

Also, price at the pump is rising faster than when crude was at its highest last year.

Only consolation for me is that it now effecting unleaded rather than diesel.
Title: Re: UK fuel prices increasing again faster than when crude was at its highest
Post by: Dazzler on April 19, 2009, 21:40:51: Quote from: eye30..(aka RECALL BOY) on April 19, 2009, 19:38:14
Read an article today which stated that there are numerous oil tankers anchored off the UK coast just left there until fuel prices increase.

They are artificially restricting supply of crude to drive up the price.

Hi Eye,

Haven't seen that over here yet.. Fingers crossed.. :wink:
Title: Re: UK fuel prices increasing again faster than when crude was at its highest
Post by: Shambles on April 19, 2009, 21:55:00: Yes it's a dangerous scenario. There are several cargo ships refusing to offload as the price they would receive at docking point would be around $46/barrel, which compares unfavourably to the $149/barrel they would have received last October.

Robbing arseholes
Title: Re: UK fuel prices increasing again faster than when crude was at its highest
Post by: eye30 on April 20, 2009, 19:12:27: Try these:

http://www.telegraph.co.uk/finance/financetopics/oilprices/5122317/Tankers-anchor-off-Devon-waiting-for-oil-prices-to-rise.html

http://www.dailymail.co.uk/news/article-1168326/Tankers-oil-anchored-Devon-coast-waiting-world-prices-rise.html

Is this happening elsewhere in the world??
Title: Re: UK fuel prices increasing again faster than when crude was at its highest
Post by: Shambles on April 20, 2009, 19:34:20: They're just Buccaneers in disguise. Dreadful policy. I hope the prices fall to rock bottom while they're languishing at sea :twisted:
Title: Re: UK fuel prices increasing again faster than when crude was at its highest
Post by: Lakes on April 21, 2009, 19:48:52: Diesel has gone up a few cents here, what brands of fuel do you have in GB? is it easy to find premium diesel there?
cheers
Title: Re: UK fuel prices increasing again faster than when crude was at its highest
Post by: eye30 on April 21, 2009, 20:45:38: Quote from: Lakes on April 21, 2009, 19:48:52
Diesel has gone up a few cents here, what brands of fuel do you have in GB? is it easy to find premium diesel there?
cheers
Besides the supemarket brands the most popular around where I live are Shell and BP.

There are number of independents but prices are not discounted any more.

They sell normal and V power or premium in both unleaded and diesel.