[wmcforum]

My local is charging £1.77 for diesel and £1.61 for petrol. That’s a 16 pence per litre difference or nearly 73 pence per gallon.

How and why?

Topic

[wmcforum]

I just read this:

According to the RAC’s Fuel Watch service, the wholesale price of diesel is currently around 71p per litre, compared to 62p per litre for petrol. On top of that, delivery and oil company costs are around 0.4p per litre more for diesel and biofuel additives cost 6p per litre more for diesel than petrol.

 

[kezo]

I paid £1.59 yesterday at my local Asda for a litre of petrol. From memory diesel was £1.73, although I still believe there is an argument for diesel if you do the miles.

Incidentally, I can remember when a gallon of 4 star was 72p

 

[Rene]

Same prices here at local Asda. In Cardiff Leckwith 1.69 petrol, 1.83 diesel.

[Wigwam]

Because we no longer refine oil into fuel in this country. We buy it in as fuel. And one of the main suppliers of diesel oil is/was Russia.  So the law of supply and demand pushes up world prices…

[Belfast4]

Yet during the pandemic fuel was below £1.00 a litre they couldn’t give the barrels of oil away cheap enough.

[Wigwam]

Perfectly demonstrating the law of supply and demand!

[Dave147]

Not quite correct there wigwam. The Valero refinery in Pembroke where I live still refine crude oil into many types of fuel including petrol and diesel.

[kezo]

Dave147 wrote:

Not quite correct there wigwam. The Valero refinery in Pembroke where I live still refine crude oil into many types of fuel including petrol and diesel.

Is it on the old Milford Haven site.

[Dave147]

Hi kezo, it’s on the southern side of the haven , the Pembroke side, the Milford refinery was Esso, and Amaco, . I worked on most of them in the 70s and 80s and I can tell you that the Valero site ( Texaco then ) was the coldest place to be on a winters day with the wind blowing right through you. I hated it lol. The money was good though.

[kezo]

Wigwam wrote:

Because we no longer refine oil into fuel in this country. We buy it in as fuel. And one of the main suppliers of diesel oil is/was Russia. So the law of supply and demand pushes up world prices…

I thought we had 6/7 refineries around the UK that produce the bulk of petrol we use and about half the diesel we use.

[kezo]

Dave147 wrote:

Hi kezo, it’s on the southern side of the haven , the Pembroke side, the Milford refinery was Esso, and Amaco, . I worked on most of them in the 70s and 80s and I can tell you that the Valero site ( Texaco then ) was the coldest place to be on a winters day with the wind blowing right through you. I hated it lol. The money was good though.

I can imagine it been bitter cold Dave, due to there locations.

So the Haven site still remains closed.

[Dave147]

The milford refineries have been closed for many years now, although the old Esso site is now a large LNG storage and distribution terminal.

[Dragonfly]

1.68 for diesel this morning at Costco

 

[Winston]

Just filled up today…

first time I’ve ever handed over 100 quid at a petrol station

ah well 🫣🤣

 

• This reply was modified 4 days, 9 hours ago by Winston.

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Make melonade!

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