Petrol price slump

[munsen99]

Filled up the rs with 99 and brimmed it for £65. [GRINNING FACE WITH SMILING EYES] running costs of a focus I tell the wife.
Long live cheap hydrocarbons and V8's.

What will you spend the savings on?

[jonicox]

More fuel!!!

[RIV]

Put it towards a carbon clean

[R1RS4]

Or every time you fill up stick a tenner by towards your road tax

Those poor oil companies - struggling ! Sob sob

[Cerec1]

Bought my RS4 B7 4 months ago and fuel price has been dropping ever since. Got rid of an A6 3.0 diesel to buy the V8 monster. Must be somebody looking after me up there!

[John Johnson]

Put some 99 in today was under £1.20 lt

[Surrey Sam]

Put it towards a carbon clean

I'm not laughing...so true

Just been sorting out all my petrol receipts for the year to put in the cars history folder, the highest I paid was 140.9 in June with the lowest being 129.9 a couple of days ago. That is for Super Unleaded of course.

[jaysrs4]

Put it towards a carbon clean

I'm not laughing...so true

Just been sorting out all my petrol receipts for the year to put in the cars history folder, the highest I paid was 140.9 in June with the lowest being 129.9 a couple of days ago. That is for Super Unleaded of course.

For a minute there I thought I just read you 'SAVE your fuel receipts to put in your cars history'!!

May I ask WTF and how have you got the time to sort through a years worth of receipts for such a purpose?!

[rwilsonrs4]

well some of the oil companies are cutting back , aside from the brutal reports in the newspaers about the iol crisis its not so cut and dried as that , most peopl have no ide how much it costs to get this stuff to the pumps , the "uplift" costs on some of the older fields are $60 dollars a barrel or more , so some platforms are already losing money and the companies are taking the hit, granted the oil companies are making huge profits but its not from one hole in the ground its from literally thousands of wells and tens of thosansds of workers and the huge running costs required , the well we have just completed has cost Shell UK 350 million yes $350 000 000 and it will take 4 years at the previios prices of 115 a barrel to pay itself back beafore any profit is made before the 70 % tax the Gov takes , just sayin

[leericho]

well some of the oil companies are cutting back , aside from the brutal reports in the newspaers about the iol crisis its not so cut and dried as that , most peopl have no ide how much it costs to get this stuff to the pumps , the "uplift" costs on some of the older fields are $60 dollars a barrel or more , so some platforms are already losing money and the companies are taking the hit, granted the oil companies are making huge profits but its not from one hole in the ground its from literally thousands of wells and tens of thosansds of workers and the huge running costs required , the well we have just completed has cost Shell UK 350 million yes $350 000 000 and it will take 4 years at the previios prices of 115 a barrel to pay itself back beafore any profit is made before the 70 % tax the Gov takes , just sayin

But at the same time crude hit $150 a barrel at one point...


For the record I'll spend the money I save on escorts and fur coats

[Surrey Sam]

Put it towards a carbon clean

I'm not laughing...so true

Just been sorting out all my petrol receipts for the year to put in the cars history folder, the highest I paid was 140.9 in June with the lowest being 129.9 a couple of days ago. That is for Super Unleaded of course.

For a minute there I thought I just read you 'SAVE your fuel receipts to put in your cars history'!!

May I ask WTF and how have you got the time to sort through a years worth of receipts for such a purpose?!

Yes, you've read it right

Wallet gets emptied of receipts every few weeks and the petrol ones get shoved into a desk drawer. Come the end of the year, my petrol receipts then get sorted into date order and stapled together. Once stapled, they get put into the car folder along with all other car specific receipts. A little OCD to some but I've never had a problem selling a car when the time comes and I can validate that it has been run on SUL.

Just totalled up this year and I've spent £2125.65 in fuel having covered roughly 8k miles: the largest fill up being £85.30 @ £138.9L.

[MartayMcFly]

There are companies currently spending $80 to produce each barrel, and then selling at $60... I know first hand that there's a lot of money in the oil industry but this downturn is quickly going to cost people their livelihoods, just to save a few pence per litre? A price drop I'm sure you've noticed isn't actually reflected in the price of petrol at the pump anyway, since ol' Osborne will be quick to pocket the difference for duck moats and MPs' double-UK-average salaries and lifetime pensions.

[gt2]

There are companies currently spending $80 to produce each barrel, and then selling at $60... I know first hand that there's a lot of money in the oil industry but this downturn is quickly going to cost people their livelihoods, just to save a few pence per litre? A price drop I'm sure you've noticed isn't actually reflected in the price of petrol at the pump anyway, since ol' Osborne will be quick to pocket the difference for duck moats and MPs' double-UK-average salaries and lifetime pensions.

Hopefully it'll recover pretty quickly as it usually does. Scary times for all offshore workers though

[PetrolDave]

Filled up the rs with 99 and brimmed it for £65.

In 2008 a tankful of Shell's finest Optimax (as it was called then) cost me £95

[bluenosewrx]

Well I for one am more than happy at the prices, long may it go down, we have been robbed blind for years by these companies and the government, motorist easy targets imo.

They are slow to pass on the cuts but quick to add prices, and I don't feel sorry for offshore workers in general, most I know we're always bragging about how much they are on and what they have just bought etc and how their jobs were safe even during the recession.

Over inflated wages imo getting paid fortunes when the likes of the NHS POLICE AND HM FORCES are on less than half their wages.

This is in my opinion, rant over