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More economic DoomIMF: Global economy 'in danger zone' over euro crisis
Oops, now you've said that everyone will be filling up their vehicles, er, like wot I did. First one was a normal fill up, then I heard about Shellhaven, then Nigeria, so I thought I'd better fill the other one. Now I've heard about the tanker drivers, and the Gulf...................dooooommmmmadam2 wrote:............... it could lead to shortages.
You could vote with your feet, and refuse to pay those extravagant prices. Why does everyone who complains give the impression they think they have a right to cheap fuel? Especially on a forum like this where they are professing to understand a shortage is coming, and that we need to do something about it. To me that does not include bleating about prices.kenneal - lagger wrote:............. fuel is about 4p more expensive in our town than the one next door. Why? Because they can and we don't complain enough.
I did saywoodburner wrote:You could vote with your feet, and refuse to pay those extravagant prices. Why does everyone who complains give the impression they think they have a right to cheap fuel? Especially on a forum like this where they are professing to understand a shortage is coming, and that we need to do something about it. To me that does not include bleating about prices.kenneal - lagger wrote:............. fuel is about 4p more expensive in our town than the one next door. Why? Because they can and we don't complain enough.
It's not worth making a special journey of ten to fifteen miles each way to save a couple of quid but if I've got to go anyway I'll fill up. That's what they are relying on to keep the price high.I'm waiting to go outside Newbury to fill up to the max, over £100s worth
BBC News - 27/01/12
Administrators handling the future of the Coryton oil refinery in Essex have signed a deal to allow shipments of fuel to restart immediately.
Jobs at the refinery were under threat after Swiss owner Petroplus said it would file for bankruptcy on Tuesday.
Administrators PRML entered into agreements overnight to allow oil to be shipped from the site.
Administrator Steven Pearson said: "I am pleased that we are able to resume fuel supplies in the region."
Fears were raised diesel supplies could be disrupted after Petroplus announced it intended to file for bankruptcy "as soon as possible".
The refinery supplies 20% of south-east England's fuel.
Article continues ...
If you get about £100 worth in, then your tank is 12 to 15 gallons, which means you would save £2.30 to £2.50ish on a tank full. I don't think the price is "high" in Newbury, as I suspect the costs of running a site in a built up area are higher than in a more remote place (business rates and insurance for example). Fuel retailers don't make much on fuel as I understand it, and rely on their associated convenience shop to make it a viable business. How they make anything out of me I don't know, as I rarely buy anything other than fuel.kenneal - lagger wrote: It's not worth making a special journey of ten to fifteen miles each way to save a couple of quid but if I've got to go anyway I'll fill up. That's what they are relying on to keep the price high.
Perhaps they are only going to refine stocks on site and then close down ?mikepepler wrote:So fuel is being sold again, but how are they going to buy crude oil in? I heard a tanker was ready to unload 600,000 barrels, but are the financial mechanisms in place?