benkei Posted November 21, 2008 Share Posted November 21, 2008 Just seen that Morrisons have dropped their petrol prices to 89.9p a litre. HUGE drop in price!! You think other's will follow?? Link to comment Share on other sites More sharing options...
j80leo Posted November 21, 2008 Share Posted November 21, 2008 Thats good news super will be a bit lower aswell Link to comment Share on other sites More sharing options...
Supragal Posted November 21, 2008 Share Posted November 21, 2008 Asda did it first, Morrisons have matched them... so hopefully the ball will start rolling this way!! We have neither store within a reasonable distance Link to comment Share on other sites More sharing options...
supra_aero Posted November 21, 2008 Share Posted November 21, 2008 wow - good news indeed Link to comment Share on other sites More sharing options...
stevie_b Posted November 21, 2008 Share Posted November 21, 2008 Not as huge as the drop in crude oil prices though. I know there's more to the pump prices than a barrel of crude, but someone's still coining it in. Crude peaked at approx $140/barrel IIRC. It's now around $50/barrel. Link to comment Share on other sites More sharing options...
Tricky-Ricky Posted November 21, 2008 Share Posted November 21, 2008 At this rate i'm going to map my Supra to run on low octane petrol;) Link to comment Share on other sites More sharing options...
bigcol Posted November 21, 2008 Share Posted November 21, 2008 asda was 90.9p this morning:d Link to comment Share on other sites More sharing options...
charlton Posted November 21, 2008 Share Posted November 21, 2008 Tesco near my work is still 92.9 Link to comment Share on other sites More sharing options...
Wez Posted November 21, 2008 Share Posted November 21, 2008 Petrol still 95p near me Link to comment Share on other sites More sharing options...
peter richards Posted November 21, 2008 Share Posted November 21, 2008 good news but funny how the decrease is very slow compared to each increase in a barrel which was almost instant Link to comment Share on other sites More sharing options...
Babe Posted November 21, 2008 Share Posted November 21, 2008 96.9p in Tesco last night... at least it ain't £1.22 any more - that was a killer:(! Link to comment Share on other sites More sharing options...
Whitesupraboy2 Posted November 21, 2008 Share Posted November 21, 2008 Not as huge as the drop in crude oil prices though. I know there's more to the pump prices than a barrel of crude, but someone's still coining it in. Crude peaked at approx $140/barrel IIRC. It's now around $50/barrel. You also need to remember the dollar was at $2 for a £1 and its now a lot less. however your still right they are raking it in! Link to comment Share on other sites More sharing options...
carl0s Posted November 21, 2008 Share Posted November 21, 2008 I'm still paying 108p for my diesel Why do they always refer to the UL price when probably more cars use diesel Link to comment Share on other sites More sharing options...
stevie_b Posted November 21, 2008 Share Posted November 21, 2008 You also need to remember the dollar was at $2 for a £1 and its now a lot less. however your still right they are raking it in! Ah yes, I'd forgotten about that. Link to comment Share on other sites More sharing options...
CJ Posted November 21, 2008 Share Posted November 21, 2008 The prices have dropped considerably here too. In the summer months we hit a high of about 1.33 Euro. Today we are paying about 0.94 (about 0.80p) which sounds OK but when you consider the average earnings are way lower than Britain it is still very expensive. The strange thing is, in Britain I always thought that we paid a huge amount of tax in the cost per litre. If that is the case, then we must be paying similar amounts of tax here too then. Link to comment Share on other sites More sharing options...
The Restorer Posted November 21, 2008 Share Posted November 21, 2008 Thats good news super will be a bit lower aswell Do Morrisons do a Super? Link to comment Share on other sites More sharing options...
RiceRocket Posted November 21, 2008 Share Posted November 21, 2008 Do Morrisons do a Super? Yep but it's sub-standard. Link to comment Share on other sites More sharing options...
benkei Posted November 21, 2008 Author Share Posted November 21, 2008 I have been informed that my local Shell Garage is now at 90p too! V-Power is about a pound a litre! Might go fill up on the weekend... Link to comment Share on other sites More sharing options...
Kranz Posted November 21, 2008 Share Posted November 21, 2008 Errrr, anyone know the price of ..... Diseasel?? Link to comment Share on other sites More sharing options...
carl0s Posted November 21, 2008 Share Posted November 21, 2008 Errrr, anyone know the price of ..... Diseasel?? Yeah.. cheapest around here is 1.05 Link to comment Share on other sites More sharing options...
3LL Posted November 21, 2008 Share Posted November 21, 2008 As taken fm Pistonheads..... EXPERTS PREDICT 83P FUEL BY CHRISTMAS Morrisons is first to push prices below 90p a litre Petrol prices could drop by over 10p a litre by Christmas, it has been reported. Due to a drop is the price of crude oil to below $50 a barrel experts now predict that forecourt prices will be considerably lower next month. Average pump prices yesterday were 94.53p a litre for unleaded and 108.66p for diesel. Supermarket chain Morrisons is now planning to drop its prices below 90p. From this morning unleaded will cost 89.9p at its forecourts and this is likely to force other retailers to slash their prices. Brendan McLoughlin, the founder of PetrolPrices.com, said: ‘Our calculations suggest that the price of unleaded could fall to 82.9p a litre by Christmas, but don’t underestimate the influence the value of the pound has. ‘Compared to August, the pound has dropped by around 25 per cent against the dollar. If it strengthens we’ll get better value for money when buying oil and pump prices could drop below 75p a litre.’ Ps, tesco in Hull last night when I put £40 in was at 90.9p per ltr.. Link to comment Share on other sites More sharing options...
RiceRocket Posted November 21, 2008 Share Posted November 21, 2008 ....and pump prices could drop below 75p a litre. That would be surreal, paying less for petrol than when I graduated to UK roads in the driver's seat I don't think it'll happen though because OPEC are/will be reducing oil production to compensate Link to comment Share on other sites More sharing options...
b_have Posted November 21, 2008 Share Posted November 21, 2008 I don't think it'll happen though because OPEC are/will be reducing oil production to compensate Not sure they will cut production, their oil revenue has fallen so much they may even increase production. Link to comment Share on other sites More sharing options...
supra_aero Posted November 22, 2008 Share Posted November 22, 2008 Tesco was 89p today! High octance one is 94p - very pleased Link to comment Share on other sites More sharing options...
Alex Posted November 22, 2008 Share Posted November 22, 2008 The prices have dropped considerably here too. In the summer months we hit a high of about 1.33 Euro. Today we are paying about 0.94 (about 0.80p) which sounds OK but when you consider the average earnings are way lower than Britain it is still very expensive. The strange thing is, in Britain I always thought that we paid a huge amount of tax in the cost per litre. If that is the case, then we must be paying similar amounts of tax here too then. Getting petrol to Kos is more expensive. In the UK we have the petroleum industry doing its refining etc in house if you like. So the distribution costs are lower. UK petrol is actually the cheaper £ for £ than most others in Europe, it's the tax and duty that make it more expensive... Link to comment Share on other sites More sharing options...
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