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Old 09 September 2008, 06:28 PM
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greenonedave
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Default When will it drop

As fuel has now dropped to around $100 per barrell, how long will it take for this 30% decrease to arrive at the pumps ?
Old 09 September 2008, 06:34 PM
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FlightMan
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Originally Posted by greenonedave
As fuel has now dropped to around $100 per barrell, how long will it take for this 30% decrease to arrive at the pumps ?





Never.
Old 09 September 2008, 06:38 PM
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fatherpierre
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Originally Posted by greenonedave
As fuel has now dropped to around $100 per barrell, how long will it take for this 30% decrease to arrive at the pumps ?
More like a 23% drop

And the tax levy hasn't changed so it on means a small drop at the pumps.

Last edited by fatherpierre; 09 September 2008 at 06:42 PM.
Old 09 September 2008, 07:03 PM
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Originally Posted by FlightMan




Never.
apparently now with the pound being weaker against the dollar we're not getting as much oil per £ now

wouldn't even be surprised to see it go up.

just when there's a bit of good news in sight, we get shafted again!
Old 09 September 2008, 07:05 PM
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PaulC72
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hmm let me think... the government make money on the fuel, the higher it is the more they make, so no pressure on encouraging lower pump prices so the people will benefit in this current climate...
They pay for their own fuel...hmm nope we do in taxes.

Erm I think we have 2 hopes and one of them is dead.
Old 09 September 2008, 10:46 PM
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FlightMan
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Originally Posted by PaulC72
hmm let me think... the government make money on the fuel, the higher it is the more they make, so no pressure on encouraging lower pump prices so the people will benefit in this current climate...
They pay for their own fuel...hmm nope we do in taxes.

Erm I think we have 2 hopes and one of them is dead.
Is the other one Bob?
Old 09 September 2008, 10:51 PM
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SPEN555
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I think when oil prices peaked the $ to £ was nearly 2 : 1 , it has now gone down to 1.75 : 1 so this is offsetting the oil barrel going from circa $140 to $100. Also, due to lag with stocks working it's way through we probably won't see much drops. fecking great eh!

IMHO.
Old 09 September 2008, 10:56 PM
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When will the Gas/Elect pice drop, all the energy companies were quick to raise their prices and tell us its because the price is linked to Oil but they dont seem to keen to reduce it now its gone back down ?

There is a word for these companies and their policies, it rhymes with Punts.

After the goverment, when my revolution comes into force, the Directors of Oil, Gas and Electric companies are next against the wall, along with Gary Glitter, Ian Beale off Eastenders and the whole cast of Big Brother.
Old 09 September 2008, 11:02 PM
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Sonic'
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Why restrict it to just Ian Beale from Eastenders

Fuel has gone down in price, its at least 10p a litre cheaper than it was when a barrel of oil went up a bit back and everyone was complaining
Old 09 September 2008, 11:13 PM
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It won't go down and as we are British no one will say or do anything about it. Sorry but that is the way it is
Old 09 September 2008, 11:15 PM
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Sonic'
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Originally Posted by f1_fan
It won't go down and as we are British no one will say or do anything about it. Sorry but that is the way it is
It has gone down, its cheaper than it was 2 months ago
Old 09 September 2008, 11:23 PM
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Originally Posted by Sonic'
It has gone down, its cheaper than it was 2 months ago
OK I should have said it won't go down to where it should be then!
Old 09 September 2008, 11:25 PM
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Originally Posted by f1_fan
OK I should have said it won't go down to where it should be then!
LOL now that will never happen

I dont actually know when it dropped I only realised the other day that its cheaper than it was when we had all the outrage

Its probably unlikley it will ever be less than a quid a litre again
Old 09 September 2008, 11:49 PM
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Gone up 1p today round here
Old 10 September 2008, 08:35 AM
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OPEC just decreased their output, so prices will stay the same (or in fact go up slightly).

Steve
Old 10 September 2008, 12:10 PM
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It's amazing isn't it? A few years ago when it hit 85p a litre driven by market forces we had wall to wall petrol protests and blockades.

Now we have the situation where the price went up as oil went to $135 a barrel and hasn't really gone down that much as it drops to less than $100 a barrel and no one bats an eyelid.

Someone needs to ask the petrol companies and the government a question, but no one, not one person seems to give a damn. The British way I guess.
Old 10 September 2008, 12:33 PM
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Odds on
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Originally Posted by f1_fan
It's amazing isn't it? A few years ago when it hit 85p a litre driven by market forces we had wall to wall petrol protests and blockades.

Now we have the situation where the price went up as oil went to $135 a barrel and hasn't really gone down that much as it drops to less than $100 a barrel and no one bats an eyelid.

Someone needs to ask the petrol companies and the government a question, but no one, not one person seems to give a damn. The British way I guess.
Your not allowed to complain nowadays. And it's enforced rigorously.

The Police are always arresting people down at the local refinery. - 6 Police cars, a meat wagon and the helicopter for 5 protester's recently.

The case's always seems to get dropped at court though, according to the local papers.
Old 10 September 2008, 01:35 PM
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Leslie
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Originally Posted by greenonedave
As fuel has now dropped to around $100 per barrell, how long will it take for this 30% decrease to arrive at the pumps ?
As long as the greedy rip off merchants can hang it out!

Les
Old 10 September 2008, 01:40 PM
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In anther thread we did a few calculations, and the price per litre for unleaded at $100 per barrel should be 106p

Anoyone getting that?
Old 10 September 2008, 09:13 PM
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Sonic'
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ASDA 109p
Old 10 September 2008, 09:39 PM
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Originally Posted by Odds on
Your not allowed to complain nowadays. And it's enforced rigorously.

The Police are always arresting people down at the local refinery. - 6 Police cars, a meat wagon and the helicopter for 5 protester's recently.

The case's always seems to get dropped at court though, according to the local papers.
What point are you trying to make?
Old 10 September 2008, 09:47 PM
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Odds on
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As you know, I was replying to f1-fan's comment that we (British) don't give a damn. It was not meant malicously, just saying why I think (know) that people aren't doing anything about it.

Why do you ask?
Old 10 September 2008, 11:58 PM
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Originally Posted by Odds on
As you know, I was replying to f1-fan's comment that we (British) don't give a damn. It was not meant malicously, just saying why I think (know) that people aren't doing anything about it.

Why do you ask?

The not giving a damn comment is spot on. We all moan in the pubs, on the boards, at home, yet do bugger all about it. No wonder they just constantly drain what we have left, which is not much.

Sorry, it's off topic, well slightly. I worry about the winter as we have oil central heating and you have no idea how much that has gone up
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