'Damien Cox, the firm’s lead energy analyst, told Auto Express: “Prices will go up, especially after the duty increase in August. On average, oil prices will likely be marginally higher in 2012 than in 2011.”'
p.s. my gut feeling is that £1.45 q litre is nothing to what it will be in the height of summer.
I suspect £1.55 to £1.60 a litre for diesel soon.
Mine too, DP - although it's 3p less in Bracknell. I've been passing through regularly the last few weeks, so I've been buying my Shell there.
Even another 7p is hardly 'rocketing', is it? About £5 a month at my current rate of use. Other increases (food, domestic energy) are hurting me more than car fuel.
Just updated my fuel spreadsheet last night (whilst wearing my sad anorak) and noticed that I have been paying £1.379 for diesel since November to present.
>> Just updated my fuel spreadsheet last night (whilst wearing my sad anorak) and noticed that
>> I have been paying £1.379 for diesel since November to present.
>>
Nothing sad about that comrade, I do the exact same. I've noted down every fill cost, number of litres per fill and brim to brim mpg + any maintenance costs and monthly odometer readings since March 2009 (purchase of previous vehicle).
Now thats sad!
On petrol costs though, I have been paying £129.9 since about November too for unleaded, but getting considerably far less MPG than you. I remember when it dropped for £1.09 ish p/l to 82p p/l late 2008.
Been paying £1.289 here for some weeks now for UL. I dont like it but I dont think ive seen it cheaper anywhere else, im pretty sure its below the national average.
I have more than off-set the price rises by moderating my driving. In my congested-road-heavy driving I used to get an average of 37mpg from the S-Max - not bad from a big heavy auto-box car. Switching off the A/C, going easy on the load pedal, and not going above 65mph has seen my average over the last 1500 miles rise to 49mpg. Which I think is brilliant.
I stopped reading Auto Express years ago when I realised they were the Daily Express of the motoring world. Everything they say should be taken with a large pinch of salt.
Petrol has already gone up 4-5 cents a litre in France this week. 95 unleaded at supermarkets now at least 1.55 euro and up around 1.70 at ordinary garages.
Luckily, the pound is at last up a bit against the euro but that still means at least £1.25-plus in real money.
Unless you run an oiler it's best to fill up on your side...
Bizarrely, here in NZ petrol has risen in price by 5c/litre this week, but diesel prices are unchanged.
The cynic in me believes that UK diesel prices have become over-inflated the past few years so as to cash-in on the rapid rise of diesel cars on the UK roads, simple as..
I got £91.50 diesel in the Xantia this morning - forgot last night and it was right down. Even at inflation it will be near £1.50 by the end of the year. Backlash will come at around £1.67 I expect - then it will cost £100 for a normal fill on a normal car.
>> Mrs RP's Volvo was filled up by the dealer at cost today - apparently profit's
>> a tenner per tank..
>>
That isn't a lot of profit really.
Once the overheads are taken out, very little of that 'profit' is left.
If you don't believe that, then ask yourself why there are very few independently owned fuel stations left, and even fewer that don't have a mini supermarket attached.