Is the price of fuel (petrol & diesel) rising as much and as fast in France as it is here in the UK? I`m in the fortunate position not to have to fill up every week but at the pumps this morning the price of diesel has gone up 4p in the last 3 weeks bringing it to £1.24 per litre with petrol 10p cheaper. I know that the world price of oil is rising but the cynic in me, seeing the price rise by 1p per week for the last six months or so, can`nt help but think that someone somewhere is making a killing out of joe public.
P.S. I was so busy effing and blinding to myself about the cost whilst filling the car up that I managed to fill it up with petrol,(it`s a diesel car!!) so the 10p per litre I saved on petrol has cost me best part of £350 to get back on the road!
€1.34 at e. leclerc this morning, €1.38 at intermarche.
ams
Italy: €1.39 (taxes 55.8%)UK: €1.40 (taxes 67%)France: €1.40 (taxes 59.6%)Germany: €1.44 (taxes 61.3%)
It's even scarier when you recall that at the back end of 2007 diesel was still under €1 and a £1 bought you €1.50, the equivalent of £0.66/lt.
Now, @ €1.35 and with £1 worth only €1.25, for those reliant on an income converted from £ (i.e. most of us), that's a real term hike of around 65%
powerdesal wrote:Given that a barrel of crude yields more diesel than petrol, hence diesel having lower refining costs per litre, why is diesel in UK more expensive at the pump than petrol?
I won't argue the processes however if a barrel of crude costs $125 to buy then that cost has to be recouped, plus profit of course.
Would it not therefore follow that, even if Hydrocracking does produce more diesel per barrel, that is not neccessarily a reason for it to cost less. The reverse could in fact be argued that as it represents a greater proportion of the initial $125 it should cost more !
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