Watching the news last night, it said oil had peaked at $148 a barrel in July and was now all the way back down to $81 a barrel. So how come that hasn't been reflected on the forecourts? £1.19 a litre down to £1.02 hardly represents the drop in oil prices does it? Robbing bastards.

F=ck off.

Blame the Government

the greedy oil companies are just as much to blame as the greedy government.
Shafted front and back - some like that kind of thing, most don't.

Keep the car on the drive as much as possible, if you do use the car drive as economically as possible, minimise your use of fuel, soon the world'll be awash with the stuff and they'll reduce the price.

You know it makes sense.

They are robbing bastaards though.

Oil companies, garages, etc, are out to make cash. It's business.

if you can't afford petrol, either drive a Ford Pussy or get the bus.

The petrol prices wont make any odds to you , sat in your nunnery all day!

Oil may be $81 a barrel - but you are not putting oil in the car. There is a cost to produce petrol from oil.

Most of what you pay in the pump is tax - so the blame there lies with government.

Petrol stations have a profit margin of 1% on the petrol they sell - which is why they offer newspapers, food & drink etc. to keep going.

The petrol at the pump today was bought when the price of oil was not $81 - but when the cost was higher. That is why it takes a while for prices to change.

Supermarkets have lowered prices recently as part of a price war to get business, and hopefully bring people into their stores where they sell petrol at the supermarket.

I think you'll find its Mr Wilsons fault

Mr Wilson of 35 Milbank Road?

Your stupid!

Has somebody hidden some words from the end of that sentence or did you forget the apostrophe and the e?

Stupid(e)?

I assume that was meant to be a joke?

I think he was parodying the Mail's level of spelling and grammar.

Your stupid what??

Go on, tell me, when you did YOUR degree or HND, grammar didn't really count for anything?

Apologies pal. You are stupid.

99.9p a litre at Morrisons now. Others will quickly follow

It's a start but it should be nearer to 70p.

I'd rather it was less than 10p.

You clearly are a nob mate!

it cost more than 70p to produce it.

come back when you have researched.

Then how come it's only 50p a litre here??

Your deposition on the Chinese petrochemical industry is eagerly awaited........

I do hope you will be including a passage on the VAT and duty elements of the English pricing structure??

How does the lard, pease pudding, John smiths, boiled ham, crisps, stotties and so forth get to the shops, ohhh tree hugging wise one

And while we are at it, how much does a set of lights for a push bike cost, because if I see another bounder riding around Oxford on a bike without 'em once more, I'm going to run the shitehawks over.....just because you can see me doesn't mean I can't see you......

China use around 10000% more that we do in the UK.
Duty is what 40p+ per litre and VAT is obviously 17.5% cost of the barrel (Brent) today is - $66.56.

I can buy fuel (diesel) next week for 103.4p per litre.


After construction and development for nearly half a century, the petrochemical industry in China has already acquired a considerable scale and strength. Overall, China's WTO accession in 2001 is both a challenge end an opportunity for the petrochemical industry, and has given a driving force to its development, The petrochemical industry in China is able to flourish in a more open environment and a more standardized market. . .

Ahhhhhh cut & paste, what would stoodents of today do without it????

It was a cut and paste!

You may find i'm not a student and have never been a student, well, not at Uni anyway! 6th form and thats about it.
I pay my way and taxes unlike some!

I'll inform the press

Your grasp of economics and dexterous use of the computer mouse is staggering.

However, you can't have more than 100%, unless you are talking about the lads effort in the 1-0 defeat.. Did you mean that they use a hundred times more than the UK here in China?? Because the population is about 250 times the size which would seem disproportional unless you start to categorize.

You may bear that in mind.

But you still haven't explained how, when it costs 70p to make a litre of petrol, I can buy it at the top of the road for 50p.....

Tomorrow i'll get the whole breakdown of costs from the rig to forecourt. Im sure my supplier can get the exact figures with her being a refiner

What's her name like, Miss Esso??

No, its ConocoPhillips actually. You know that company that go by the name of Jet? aye, them.

I think he means Diane Youdale off Gladiators.

How's a 31p profit a loss leader?

You really are stupid aren't you!!

I guess!?

81p i doubt it, however i did buy a full tank for 85.9 courtesy of Tesco.

It wont dip that far that quick, however it could do by christmas.
in the current climate that we're in at the moment its unlikely to rise in price seen as though the barrel is less than $50 now.
With slides in the pound against the dollar it obviously changes how much it costs to refine and produce the main products from the crude oil/brent sweet.

Its not just the production costs though is it ??
Oil companies need to make large profits, so they can reinvest, it is getting harder an more complicated to extract the stuff, they are going to remote places and deeper drilling, these projects cost billions, so personally i dont get too pissed of with oil companies making huge profits !!!
What does make me laugh is when people talk about Boycotting, Shell and BP to teach them a lesson. "go to Tesco's or Morrissons instead".................where the fook do you think they get the petrol from

Ive been on rigs for Shell, BP, Total, etc but can honestly say ive never been on a tesco's one !!!!!

While we're busy slagging the oil companies off, the big fat idle government sits smugly grinning in the background raking its obscene share in for doing what exactly?, at least the oil companies are actually producing the stuff in the first place.

Just paid 85.9p/ltr at Tesco's. Highest I paid was 117p/ltr five or six months back. The consumer wins again.

Be careful out there.

It's still too high.

should be around the 79p mark

Creeping up again. Robbing bastids.

We went down today, only by a penny like.... diesel stands at 82p a litre. plus 15% vat like.

Going up in Hartlepool. Was 82, now 87.

its wierd.... market intelligence today had the barrel down again but something like 0.49 cents... price of DERV was also down, so that should be reflecting the pumps shortly, depends if they are on a Platts Plus based price at the sites in Hartlepool which is probably the case due to the prics still rising.

89.9 now for petrol, gone up 8p a litre in 2 weeks, when did it come down this fast? OH thats right, it fucking didnt, wont be long before its back upto 1.20 litre

Who gives a toss? Just buy the fecker and drive.