Price of fuel...

[dxmedia]

I've been thinking about the price of fuel this morning. It was 60p a liter when I started driving. Filling up today i payed 120p I didn't think it was that bad concidering it's 14 years later, so I dug out some inflation figures for the UK, which also came across a nice calculator.

http://safalra.com/other/historical-uk-inflation-price-conversion/

Just on inflation alone, nothing to do with the oil issues surrounding the gulf war or the oil companies holiding back production a few years ago, the environmental issues, the cost of drilling for shale... we would be 90p a litre now.

Only in the past month or two has the price gone up 10p a liter or so.

IMO, fuel prices are about where they should be from the prices we were paying in the middle of the 90's.

I know that the cost of many things surrounding driving have gone down (car's, insurance, spares) in that period and some have stayed about the same (tax - give or take), so really I don't feel that I'm being persecuted for driving at all.  I do know that my sallary has increased during that period, and as a % of a cost of living, the money i spend of keeping a car on the road has dropped!

I'm going to be the only one who thinks this aren't I?

[Saffy]

I'm going to be the only one who thinks this aren't I?

where's the forums *BURN THE HERETIC* emoticon ?

[dxmedia]

??

[Saffy]

??

Appears to be enjoying being tickled by the stick way too much - suppose it a distraction from the melting.

[Lumbering Jack]

What amazed me the other day was I could buy Diesel on the Isle of Skye cheaper than I can buy it in town here - 300 and odd miles further south with a much denser population 

[MuddyMike]

I've been thinking about the price of fuel this morning. It was 60p a liter when I started driving.

It was five bob a gallon when I bought my first tankfull.

So, who will be first to reply with how much a liter five bob a gallon works out to?

Mike

[dxmedia]

I've just done it from a 1968 price.

£3.60 a liter in todays money !!

[Manicminer]

£1.24/L here

[tim_aka_tim]

46p/litre here (at todays exchnge rate), which is outrageous cus it was half that 9 months ago.

[john656]

1.21 for diesel

[mass199]

Whilst the weather is warm i'm going going back on the veg oil.

[V8MoneyPit]

I've been thinking about the price of fuel this morning. It was 60p a liter when I started driving.

It was five bob a gallon when I bought my first tankfull.

So, who will be first to reply with how much a liter five bob a gallon works out to?

Mike

5.5p per litre. Am I really so sad I actually sat down and worked it out??  :lol:

[dxmedia]

I've been thinking about the price of fuel this morning. It was 60p a liter when I started driving.

It was five bob a gallon when I bought my first tankfull.

So, who will be first to reply with how much a liter five bob a gallon works out to?

Mike

5.5p per litre. Am I really so sad I actually sat down and worked it out??  :lol:

27p a litre converted to modern money though isn't it?

[V8MoneyPit]

I've been thinking about the price of fuel this morning. It was 60p a liter when I started driving.

It was five bob a gallon when I bought my first tankfull.

So, who will be first to reply with how much a liter five bob a gallon works out to?

Mike

5.5p per litre. Am I really so sad I actually sat down and worked it out??  :lol:

27p a litre converted to modern money though isn't it?

No. Bob was a Shilling which became 5p. 25p/4.54=5.5p per litre.

[dxmedia]

But there was also 240 pennies in the old poud, which would need converting over to the decimal pound.

[V8MoneyPit]

 :lol: :lol:

So what this tells us is that depending on how you use the figures, different results can be obtained. I wonder if the government have thought of this???  :roll: :lol:

[dxmedia]

Was speaking to a guy yeasturday who was saying that in '68 a tank of fuel for his car cost about 1/2 his weekly wages. There wasn't many cars around in the 60's which had 80 > 100L fuel tanks either.


Kind puts it into perspective a little IMO.

[V8MoneyPit]

I bought a 4.2 XJ6 when I was about 18. I remember filling both tanks when I first bought it and having the shock of my life when it got to £60 IIRC. Now it cost me that to fill the relatively tiny tank in the 90.

I take your point about wages though. Filling the Jag 28 or so years ago took a painful percentage of my wages. Now, filling a tank just hurts because I know most of it goes to a wasteful government.

[MuddyMike]

I've been thinking about the price of fuel this morning. It was 60p a liter when I started driving.

It was five bob a gallon when I bought my first tankfull.

So, who will be first to reply with how much a liter five bob a gallon works out to?

Mike

5.5p per litre. Am I really so sad I actually sat down and worked it out??  :lol:

Spot on. Five bob was indeed five shillings or 25 new pence per gallon. Divided by 4.54 (liters in a gallon) makes it 5.5p per liter.
A year later I paid nine pounds and ten shillings for a Morris traveler, and it came with 3 months tax and a years MOT!!!

Mike

[dxmedia]

over 240.... makes it about 20 odd p a litre....

[Saffy]

over 240.... makes it about 20 odd p a litre....

you can keep repeating it but none are listening to your 240 pennis in the pound heresy - be gone with you 

[V8MoneyPit]

over 240.... makes it about 20 odd p a litre....

you can keep repeating it but none are listening to your 240 pennis in the pound heresy - be gone with you 

Yeah, who is this dxmedia anyway?  :twisted: :lol:

[dxmedia]

pah to all your modern fangled metrics

[crazymac]

What amazed me the other day was I could buy Diesel on the Isle of Skye cheaper than I can buy it in town here - 300 and odd miles further south with a much denser population 

Thats actually quite simple! They get less deliveries, and they only up their price when the delivery arrives! (At least small communities do, the large towns cash in by upping the price no matter what they paid for the load!)

What you can get though is large hikes, £1.15 two weeks ago, new delivery arrives and it jumps to £1.20 whereas in the towns and cities the price will rise progressively day by day.

[dazzawhipple]

$1.35 per liter here .........Aus dollars

[lurch_917]

just to add to the pot why we are now paying over the odds for  fuel is the fact that it is mainly now 5-7% bio wich the producers get a enviromental tax cut for as they are making green fuel and this isnt being passed on just look at say bp proffit margin and then say were not being robbed

[dxmedia]

You've missed the point of this thread  :lol:

I was saying we're NOT paying over the odds for fuel.


I'll go back to building the bondfire and climb up it....

[Saffy]

You've missed the point of this thread  :lol:

I was saying we're NOT paying over the odds for fuel.


I'll go back to building the bondfire and climb up it....

... just burn already :lol:

[Mud_Medic]

DX Media.

There were 240 old pennies in a pound, but a shilling was 12 old pence. There were 20 shillings in a pound.

A pound is 100 new pence. 1/20 of this is 5p.

Until the mint changed the 5p and 10p coint and made them smaller, 1 shilling and 2 shilling coins were still in circulation as legal tender at 5p and 10p respectively.

So 5 bob (shilling) per gallon or 4.545 litres means it is just over 1 bob per litre or 1/20 of a pound.

That means it is a little over 5p per liter, or the 5.5p/litre   

QED


Ed

[dxmedia]

DX Media.

There were 240 old pennies in a pound, but a shilling was 12 old pence. There were 20 shillings in a pound.

A pound is 100 new pence. 1/20 of this is 5p.

Until the mint changed the 5p and 10p coint and made them smaller, 1 shilling and 2 shilling coins were still in circulation as legal tender at 5p and 10p respectively.

So 5 bob (shilling) per gallon or 4.545 litres means it is just over 1 bob per litre or 1/20 of a pound.

That means it is a little over 5p per liter, or the 5.5p/litre   

QED


Ed

Still makes no sence ;)

I'm from the generation of inches, cm, KM's, miles, pounds, OZ's, grams and Kilo's, hectares and acres...  Measure small, metric, then imperial, then back to metric, and back to imperial again....  One thing I couldn't never get my head around was old money.


When old money became new money, surely the prices of things was also altered to reflect. Say a loaf of bread cost 50p or 10 bob in old money, that would translate to 20p <> in new money?