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Price of Diesel at the pumps?

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Old Sep 9, 2015 | 05:57 PM
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From: Rl'yeh
Default Price of Diesel at the pumps?

For years it was always 5-6p per litre DEARER than 95 octane.

Now it's 2-3p CHEAPER. Can anyone explain?
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Old Sep 9, 2015 | 07:55 PM
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Originally Posted by alcazar
For years it was always 5-6p per litre DEARER than 95 octane.

Now it's 2-3p CHEAPER. Can anyone explain?
Yep, people are turning away from diesel back to petrol
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Old Sep 9, 2015 | 08:36 PM
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From: Rl'yeh
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Is that it? Just falling demand? And it SUDDENLY drops 7p a litre? Can't accept that.
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Old Sep 9, 2015 | 09:24 PM
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Originally Posted by alcazar
Is that it? Just falling demand? And it SUDDENLY drops 7p a litre? Can't accept that.
Can you think of anything else that has changed that only affects diesel prices alone whilst not impacting upon petrol.

Same process to manufacture, same basic cost of raw materials and no change in tax for diesel fuel against petrol
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Old Sep 9, 2015 | 09:31 PM
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Originally Posted by andy97
Can you think of anything else that has changed that only affects diesel prices alone whilst not impacting upon petrol.

Same process to manufacture, same basic cost of raw materials and no change in tax for diesel fuel against petrol
Logic would suggest diesel is cheaper to produce because it is less refined than petrol
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Old Sep 9, 2015 | 10:33 PM
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Originally Posted by hodgy0_2
Logic would suggest diesel is cheaper to produce because it is less refined than petrol
It is cheaper to produce. Years ago diesel was half price of petrol because other than companies no one used it.

The diesel revolution began late 90's, prices rapidly climbed and tax increased. I am not aware that the government has reduced the tax levy on diesel. The government announces that diesel is the new scourge on health. All of a sudden there is a price shift. I can only surmise that many people are ditching diesels cars for small engine turbo petrol vehicles and hybrids.
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Old Sep 10, 2015 | 07:48 AM
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Default Price of Diesel at the pumps?

To my understanding it is slowly down of industry in China that is having a big effect. Most equipment used diesel so there a stock pile in the middle east is getting ever bigger.
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Old Sep 10, 2015 | 07:52 AM
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Interesting. It's been €0.12 a litre cheaper in France for ever.
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Old Sep 11, 2015 | 01:10 AM
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Originally Posted by alcazar
Interesting. It's been €0.12 a litre cheaper in France for ever.
That's because the French have deliberately taxed it less than petrol, since at least 1980. In the UK duty is the same on both.
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Old Sep 11, 2015 | 07:36 AM
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My local garage

95 £1.09.9
diesel £1.06.9
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Old Sep 11, 2015 | 11:46 AM
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Our local Sainsways, £1.07.9 and £1.05.9.
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Old Sep 11, 2015 | 04:33 PM
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Local Tesco earlier with Wife's merc. Was 106.9, and then 12p a litre off with Tesco card fuel thingy
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Old Sep 16, 2015 | 10:24 PM
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Just to add more fuel to the fire
http://www.bbc.co.uk/news/business-34262990
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Old Sep 16, 2015 | 10:44 PM
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Most diesel is refined in Europe (the UK only has 6 diesel fuel refineries). As the Eurozone continues to crumble, Sterling continues to strengthen against the euro and we end up with cheaper diesel at the pumps.

It's likely to get cheaper still based on current exchange rate trends, especially if the UK raised rates.

Last edited by Petem95; Sep 16, 2015 at 10:46 PM.
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Old Sep 17, 2015 | 04:24 AM
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Originally Posted by jonc
Just to add more fuel to the fire
http://www.bbc.co.uk/news/business-34262990
That's the sort of stupid, irresponsible reporting the Beeb are into at the moment.
if anything WOULD make the pumps run dry, reporting they are going to will do it!
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