Fletch84

Good news for us Scooby owners as some of the big name petrol stations are dropping their prices 2P as of tomorrow. Tesco being one of them 👍

angel1368

iTrader: (1)

i really need to use momentum instead of v power i think

dpb

impreza back on the forecourt ?

probably not

wrx300scooby

Best make the most of it, first chance they get it will be going up again.

ALi-B

iTrader: (1)

Fill yer boots
And yer tanks
And anything that'll hold fuel before it goes up again

joz8968

iTrader: (13)

The price of VP Nitro+ in Leic has dropped from a high of about 141.9ppl to, currently, 119.9, in the space of about 2 months (as a knock-on effect of a barrel of oil halving to $60). I hope it also attains this 2p drop, too!

As said, get yer Jerry cans out while it 'lasts'

fat-thomas

iTrader: (4)

Which station do you use in Leicester?

Gear Head

iTrader: (2)

Think I paid 120.9p for shell nitro yesterday. Happy days!

joz8968

iTrader: (13)

The one in Narborough Road. Just 751yds from my abode lol.

I also noticed that the Shell garage in Groby Rd (c.5m away) had SUL Nitro+ up at that price too! (Although, it usually is a little dearer than the one in Narborough Rd.)

Matteeboy

Very hard to get super around here; annoying!

f1_fan

iTrader: (9)

Yes, I believe it doesn't keep so well in tropical climates

Matteeboy

It does tend to evaporate in our intense, burning sunshine.

joz8968

iTrader: (13)

Let's hope that it continues falling till it gets below 110ppl - the 'psychological' £5 per gallon barrier.

Yeh, and hamsters might fly...

Norman Dog

iTrader: (1)

The only downside is that there will be a hell of a lot of job losses if the oil price stays this way, I work for a large engineering firm who's main business is to supply valves to the oil and petrochem industry.

Matteeboy

I think you'll struggle to find many oil industry sympathisers...

RA Dunk

Already started months ago, these Oil companies are quite brutal when it comes to job loses, they really don't give a ****.

hodgy0_2

What is interesting about this collapse in oil prices is the dichotomy between the political and economic interest and fallout it has brought about

It has suited the US and Saudi governments because Iran, Russia and Venezuela have all felt (and are continuing) to feel pain (Saudi Arabia have massive financial reserves and can withstand a long term reduction in oil prices)

But, and here is the big but, the US fracking industry have borrowed billions and billions to develope shale gas/oil in the US

But the economic model does not work at these oil prices - so the bonds/borrowing to finance the "fracking revolution" become worthless - subprime in effect

I suspect there is intense lobbying to get the price of oil back up again

And as we know money talks and bull**** walks

dpb

I heard the Saudis dont care if it goes to 20 pound a barrel

hodgy0_2

The US would and have recently broke ranks with the Saudis on this

Steve777

iTrader: (8)

Still say that fuel prices are disproportionate to the huge amount of duty and tax on it. I can see a rise in fuel duty if the fall continues, which will hit harder in the pocket when oil prices eventually rise again.

pacenote

this ^^^^

dpb

Where does that tax go ....Thin air ???

GWJ

Might as well do

Chip

Pays the benefit scroungers

wrx300scooby

Plenty of them

Matteeboy

Overpaid middle to senior managers/doctors/dentists/etc who managed to keep hold of "boom" pay packets.
There are 8000 NHS managers on over £100k a year; they aren't even doctors.
Huge, huge waste yet while we pay more and more, we get less and less.

Dr Hu

Well I have just made an investment in a Oil based fund, on the hope that after a oil price crash, there is always a sizeable rally

Here's hoping anyway!
Got to make hay... as they say...

dpb

Youre goin get burnt

kingofturds

iTrader: (1)

I can't see it lasting long but it will be nice if it does. My mate owns a small business and he reckons these recent price drops are saving him four or five hundred quid a Month in fuel costs.

GlesgaKiss

Already has been under 110 at supermarkets up here for over a week.