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AuthorTopic: Morrisons bring Petrol below £1  (Read 6446 times)

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Offline Steve ray

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Re: Morrisons bring Petrol below £1
« Reply #30 on: October 22, 2008, 21:59:24 »
Below a quid!

Only a year ago unleaded must;ve only been around 90p/litre .......... and crude's down to around $70 per barrel.

It peaked earlier this year aroudn the $147 mark and the selling price was 120p/litre for unleaded and 134p/litre for DERV. Still think we're getting a good deal?
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Offline craig_midz

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Re: Morrisons bring Petrol below £1
« Reply #31 on: October 23, 2008, 00:10:13 »
morrisons in wednesbury 96.9 petrol an 103.9 for diesal  :D makes u happy when u can afford to do a bit more mileage with the v8 singin
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Offline Gordo

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Re: Morrisons bring Petrol below £1
« Reply #32 on: October 23, 2008, 10:40:03 »
I saw ULSP on sale at 97.9ppl at a Shell in Peterborough this morning.

Diesel is still over a pound a litre though  :|

There's very little profit in road fuels. For every £10 you buy, around £8.50 is tax. The remaining £1.50 is the VAT (yes, we pay tax on a tax), and covers distribution costs, staff costs etc. and only a penny or two is profit.

The oil company's profits don't come from road fuels, but the other products oil can be made in to like plastic, chemicals etc.
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Offline UKJeeper

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Re: Morrisons bring Petrol below £1
« Reply #33 on: October 23, 2008, 12:28:29 »
Quote from: V8MoneyPit on October 17, 2008, 13:10:52
Quote from: andyb on October 17, 2008, 11:51:49
Quote from: AndyN on October 17, 2008, 01:14:01
keep dropping prices back to 67p a litre as when i passed my test please!
You make me feel old! :) When I passed my test it was still priced in gallons.....£1.99 a gallon anyone? I also remember thinking that fuel was expensive when 4* hit £2.10 a gallon.


You and me both, mate  :lol: There's nothing like a comment like "Do you remember the old classics like Fat Boy Slim, Right Here, Right Now" to make you feel well past it :shock:  :lol:



Cost about £1.90 when i passed my test. 1985.  :shock:
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Offline discowoman

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Re: Morrisons bring Petrol below £1
« Reply #34 on: October 23, 2008, 20:26:26 »
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Offline Quaker

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Re: Morrisons bring Petrol below £1
« Reply #35 on: October 25, 2008, 20:49:24 »
£94.9 tonight at Asda in Darlington woo hoo :dance: :dance: :dance:
Long may it continue
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Offline EbonynIvory

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Re: Morrisons bring Petrol below £1
« Reply #36 on: October 26, 2008, 13:18:14 »
It won't continue as the oil producers are not making enough profit (by their standards) with the price of oil per drum dropping. So they have decided to reduce the amount of oil produced resulting in a raise for demand , therefore, pushing the prices up again. Sorry to be the bringer of bad news. For those of you who can afford to, fill up while the prices are low.
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Offline EbonynIvory

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Re: Morrisons bring Petrol below £1
« Reply #37 on: October 28, 2008, 12:08:14 »
Mind you - I have just put £15 in the tank and it was really good to see the needle move!   :dance:
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Offline hobbit

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Re: Morrisons bring Petrol below £1
« Reply #38 on: October 28, 2008, 13:05:49 »
Quote from: EbonynIvory on October 26, 2008, 13:18:14
It won't continue as the oil producers are not making enough profit (by their standards) with the price of oil per drum dropping. So they have decided to reduce the amount of oil produced resulting in a raise for demand , therefore, pushing the prices up again. Sorry to be the bringer of bad news. For those of you who can afford to, fill up while the prices are low.

No but the providers are raking it in still, just heard on the news about BP's profits, bit like the power companies, all the brown stuff runs down hill and guess where we are?
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Offline EbonynIvory

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Re: Morrisons bring Petrol below £1
« Reply #39 on: October 29, 2008, 20:38:50 »
Course they are still raking it in. What is an acceptable proffit margin to us will be vastly different to their idea I can tell you and we're all standing at the bottom of the hill. Time to take a deep breathe!
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mentalmoshio sophs V8i

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Re: Morrisons bring Petrol below £1
« Reply #40 on: November 03, 2008, 20:03:43 »
92.9 unleaded at swanage
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Offline baron von ledwidge

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Re: Morrisons bring Petrol below £1
« Reply #41 on: November 04, 2008, 02:30:37 »
Yea this is a scary debate it was about 80p when i passed ffor a litre, as for the future of fuels im reckoing hydrogen fuel cells, but then who really knows i guess biofuel is feasable but then i guess you dont know the diesel used to produced a litre of biodiesel lol
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Offline discowoman

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Re: Morrisons bring Petrol below £1
« Reply #42 on: November 06, 2008, 09:18:53 »
Quote from: Quaker on October 25, 2008, 20:49:24
£94.9 tonight at Asda in Darlington woo hoo :dance: :dance: :dance:
Long may it continue
:shock: How much a Litre



 :lol:
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Offline baron von ledwidge

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Re: Morrisons bring Petrol below £1
« Reply #43 on: November 10, 2008, 11:08:19 »
91.9 at the shell near st albans, but it seems this drop has slowed :(  fair point on the shops tho.
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Series iii 88"                Series 3 88"
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Offline bobtailed disco

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Re: Morrisons bring Petrol below £1
« Reply #44 on: November 10, 2008, 20:39:23 »
Down to 92 in Tesco's at dereham  :lol:
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