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Petrol Prices.

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parkie | 20:52 Thu 27th Sep 2012 | ChatterBank
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I worked out the cost of petrol per gallon today and on average it's over £6.
It appears bad enough when we look at prices per litre but even worse when we work it out in gallons.
And as for diesel!!
I try to walk everywhere but not always practical.
Anyone know the average annual cost of running a car these days?
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@132.9p/litre of petrol, the split is: 57.95p duty, 47.8 p for product (and out of this if UK crude, the Govt takes PRT (Petroleum Revenue Tax), 5p for the Retailer and 22.15p to VAT - so who is gaining?

Diesel @ 137.9p, 57.95p duty, 51.97p product (including PRT), 5p retailer and 22.98p VAT.
21:20 Thu 27th Sep 2012
I try not to use the car if I can help it - I have a huge diesel thing and just going into town costs a fortune. It's not practical to use the bus as I live in the sticks and couldn't get the all the shopping that I need home again. When I get into a better routine I will get the shopping delivered as it only costs £3.50 if you book your slot early enough. I do use the car to get the kids from school if it is hurling it down though (they're only little!).
Yesterday, I paid $1.24 per litre which is about 0.78 pounds. I can't be bothered doing the math to translate into a gallon:)
@132.9p/litre of petrol, the split is: 57.95p duty, 47.8 p for product (and out of this if UK crude, the Govt takes PRT (Petroleum Revenue Tax), 5p for the Retailer and 22.15p to VAT - so who is gaining?

Diesel @ 137.9p, 57.95p duty, 51.97p product (including PRT), 5p retailer and 22.98p VAT.
the ignominy is that they apply VAT to the Excise Duty, so increase the latter by 10p/litre, the net effect is a 12p increase......
mmmmm........ So petrol is cheaper than Kadarka ?


Even @ €1-49 a litre.... I now think I am being ripped!
Stewey, I've just filled up with diesel at £1.42 per litre ($2.30 at todays rate).

It's criminally expensive here. £80+ ($130) to fill up!!
When you think where petrol comes from and where wine comes from

It is a great bargain ... innit?
Petrol is [i expensive - and at a historic high on inflation adjusted figures.

But it's not [i] that ] far above the prevailing price for the last 50 years or so.

Adjusted to 2012 prices, the average price (except for a brief period in the early 1990s) has hovered around £1.00 - £1.15 per litre since just after the Suez crisis in the 1950s.

Which doesn't make me any happier, but does stop me whinging quite so much/often.
So about £48 of that went straight to Danny Alexander's and George Osborne's pockets.....nice thought, Massi - done your bit for deficit reduction today?
I pay 60p a litre for my diesel
Mass1961, I did the math and its 3.5pounds per gallon here..and we complain!
However, I'm going to ramble to the bar and save a few pennies...Cheers!
Anyone know anything about "hypermiling" ? - it's a possible solution.
Is that so Elvis? so how do you do it?
diesel £5 per gallon in France
the delta is driven by excise duties, jomifl
I buy it from a friend, 25 litre drum for £15
If you have a car and drastically reduce the mileage covered to save fuel, I guess The other costs like depreciation and averaging out the initial cost of the car over the years it is used, can become prohibitively high. Mine is a bit of a luxury as the mountain bike and bus passes cover local journeys.
I suppose it won't be long before we, here in the U.S. catch up with you. right now, here in the western U.S. (which is historically cheaper than most other areas of the U.S.) gasoline (your petrol) is averaging $3.89 a gallon. According to Google that's about 2.41 Pounds Sterling...
Don't know what it is in gallons but I got some petrol today and it was 137.9 from Tesco. I thought all the big supermarkets were cutting 3p off their prices?!

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