• UK Fuel prices hit 18-month high, after Opec production cuts
    16 replies, posted
[QUOTE]The price of petrol and diesel in the UK has risen to its highest since July 2015, following a three-pence-a-litre increase in December alone. The average cost of unleaded petrol hit 117.23p at the end of the month, with diesel reaching 119.63p, the RAC said. The wholesale price of both fuels has risen significantly, following the production cuts announced by Opec. Brent crude jumped by 10% on 30 November, the day the cartel announced a cut of 1.2 million barrels a day. As a result, the oil price is now double what it was a year ago, rising from a low of $27.88 in January 2016 to more than $55 this month. [/QUOTE] [url]http://www.bbc.co.uk/news/business-38505980[/url]
Gotta keep their profits up.
That's a very small increase though, isn't it?
[QUOTE=TheNerdPest14;51629629]That's a very small increase though, isn't it?[/QUOTE] A 13% increase from this time last year, and it's still going up.
[QUOTE=TheNerdPest14;51629629]That's a very small increase though, isn't it?[/QUOTE] A litre is a fair bit smaller than a gallon, so even a 3p increase stacks up rather rapidly.
This is nothing compared to a few years back when it was £1.40 everywhere the greedy fucks. I'm so lucky I work from home and barely have to drive, a tenner will last me a month.
[QUOTE=Moby-;51630938]This is nothing compared to a few years back when it was £1.40 everywhere the greedy fucks. I'm so lucky I work from home and barely have to drive, a tenner will last me a month.[/QUOTE] What are you driving that a tenner lasts you a month? I owned a few bikes and a tenner would last around a week, but I am in the Highlands so every shop is 15+ miles away
[QUOTE=joshthesmith;51631534]What are you driving that a tenner lasts you a month? I owned a few bikes and a tenner would last around a week, but I am in the Highlands so every shop is 15+ miles away[/QUOTE] I got one of those ecoboost 1.0 Fiestas - It's mainly to do with my lack of need to drive. Working from home plus my local convenience shop is like a minute walk away.
[QUOTE=Moby-;51631824]I got one of those ecoboost 1.0 Fiestas - It's mainly to do with my lack of need to drive. Working from home plus my local convenience shop is like a minute walk away.[/QUOTE] This is why I want one of those glorious things. Drove one for my motorway driving lesson. Delightful car and so much peace of mind knowing it's 80(?) odd miles to the gallon if you drive it properly. Shame they cost an arm and a leg for a small hatchback.
[QUOTE=Jon27;51632032]This is why I want one of those glorious things. Drove one for my motorway driving lesson. Delightful car and so much peace of mind knowing it's 80(?) odd miles to the gallon if you drive it properly. Shame they cost an arm and a leg for a small hatchback.[/QUOTE] there's no goddamn way you're going to get 80 out of it. I got around 40 out of mine, then had it remapped for more power, and the economy improved a fair bit, now I usually get about 50. Then again I have a lot of hills around me. I go about 200 miles a week and it costs me something like £20 (about half a tank). Fuel here is also usually some of the most expensive in the country, we're currently sitting at £1.21 a litre, I wouldn't be surprised to see it back up to about £1.30 again soon, which is around what it was at when I first started driving a couple of years ago. All of that said, small turbo'd cars are the future to me, I've got 160 horsepower out of a 1 litre with no modifications other than the remap, something you used to need a 2 litre engine for. Hopefully I'll get a Focus with the 1.5 ecoboost when I change cars sometime next year.
Been doing a lot of driving lately for work, and I have noticed my weekly fill up getting steadily more expensive. Iv watched my local Morrison go from 1.11 the start of last month to now as of tonight 1.17 per litre. When i've gone north of fife its always gone up again.
Doesn't help that the insurance companies in this country have everyone over a barrel on top of this.
[QUOTE=GordonZombie;51632834]Doesn't help that the insurance companies in this country have everyone over a barrel on top of this.[/QUOTE] it's expensive, but that's just the statistics at play, if young drivers weren't so shit at driving it wouldn't be as bad. [editline]6th January 2017[/editline] theres no conspiracy to con people out of money, car insurance is a pretty competitive field
[QUOTE=Jon27;51632032]This is why I want one of those glorious things. Drove one for my motorway driving lesson. Delightful car and so much peace of mind knowing it's 80(?) odd miles to the gallon if you drive it properly. Shame they cost an arm and a leg for a small hatchback.[/QUOTE] It also does >60mph in second if you fancy ragging it. Great fun. Can't say I've got above 55mpg even when driving slowly / efficiently though, guess ~65 is achievable if you sit at 35 in 5th.
[QUOTE=Moby-;51631824]I got one of those ecoboost 1.0 Fiestas - It's mainly to do with my lack of need to drive. Working from home plus my local convenience shop is like a minute walk away.[/QUOTE] You need to get out more, it's not healthy.
[QUOTE=rampageturke 2;51632889]it's expensive, but that's just the statistics at play, if young drivers weren't so shit at driving it wouldn't be as bad. [editline]6th January 2017[/editline] theres no conspiracy to con people out of money, car insurance is a pretty competitive field[/QUOTE] there are a lot of young driver who crash a lot but then there's also a lot of young drivers that don't crash. I've not so much as scraped my car against anything in 3 years of driving (I still count as a young driver I think since I'm under 25). insurance is all about shopping around, and if you find a good quote from another company, your company will try their best to keep you. mine dropped my renewal by about £100 to bring it close to the other quotes I got so that they kept my business. it's much like other things, if you shop around, you can usually get a better deal.
[QUOTE=dcalde78;51633545]there are a lot of young driver who crash a lot but then there's also a lot of young drivers that don't crash. I've not so much as scraped my car against anything in 3 years of driving (I still count as a young driver I think since I'm under 25). insurance is all about shopping around, and if you find a good quote from another company, your company will try their best to keep you. mine dropped my renewal by about £100 to bring it close to the other quotes I got so that they kept my business. it's much like other things, if you shop around, you can usually get a better deal.[/QUOTE] there so, so many more factors than just a crash:notcrash ratio. it's pure statistics, you can mitigate it a bit but theres not really any getting around it it sucks until you're at least 25, gonna have to deal with it
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