Has anyone noticed how cheap fuel is now???

119.7 here as well, V-Power doesn't seem to have had the same reduction at 128.9 :motz:
 
I do wonder why it keeps getting cheaper, as Ch3tan mentioned in a earlier post could this be the calm before the storm?
 
Think I was wrong earlier, price is low because of over production. Around 25% cheaper per barrel, due to FX rates, tax and duty we only get around a 6% saving at the pumps :(
 
Why is london getting cheaper fuel prices than harrogate? which is way up north?
 
Paying £1.26 in the SW.

When I was 19 I was paying £0.70p a litre. :(
 
It was about 32p a gallon when I started running about on an RD250 in the good old days....!
The biggest shock for me was changing from a TDI 140 to a 3.2. Pointless even thinking about it.
Much more fun though...:laugh:
 
I also live in London and I'm surprised at how low prices are now
 

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Well before ya'll get too excited... Petrol is around £1.50 a gallon in the states at the moment.
 
enc said:
Well before ya'll get too excited... Petrol is around £1.50 a gallon in the states at the moment.
Click to expand...
Part of Scotland were paying that for a litre not so very long ago...!
£1.50 a gallon would have me doing backflips and cartwheels... :D
 
when i passed my test it was 42p a lt (although for 8 months Trago and esso had a price war and it was 27p a lt for ages (around £12 to fill my old mk2 astra lol)

Tesco down here is £1.15 for diesel normal stations are £1.16.9 a lt
 
Essentially this is a price war (just like the supermarkets but on a continental scale). US shale oil vs Middle East oil. Competition is good up to a point - we get cheaper petrol and can blast around in our little motors for a while with big grins on our faces but if the price of oil remains too low then shale oil production becomes uneconomic and we are back to the whims of the cartel again ... so this is a global game of 'chicken'.
 
Not good for us...
This kind of news puts lots of projects on hold, some of the smaller sub-sea projects on hold and maybe cancelled.
For now, I'm happy to enjoy the lower prices but, longer term, there will be pain.
:(
 
Was listening to LBC this morning and they're saying prices have gone below £1 in some parts of the country.
 
It's falsely manufactured by America with the help of the Saudis to hurt Russia I reckon

Don't really care too much though, cheaper prices is nice. motorists have really been hammered in the last few years
 
Drive past an Asda petrol station every day to and from work and it's around 105.7p a litre now, I'm just waiting for it to fall under the £1 mark!
 
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