Just seen it at 184.9 a litre.... That's £8.30 something a gallon.!!
I don't want this to get political but when will this stop.?
I don't want this to get political but when will this stop.?
Bloody hell where was that.?Just seen a 199 for diesel...
The OPEC countries have recently agreed to increase production but the current rise in refined oil products such as petrol & diesel is largely due to stock markets speculating on shortages due to the dependance on Russian oil & refined oil products. Europe's refineries are working full blast so there shouldn't be any real shortages but as long as we allow traders to decide the prices of commodities, it's unlikely prices will be going down while there is instability in the market.
- The oil supplying companies open the taps a little to increase supply and so reducing cost
Prices and wages are an interesting study
Over the last 50 years, most prices have gone up around 10 times; but fuel has gone up 20 times the 1972 price (8p/L to 180p/L).
Average earnings have only gone up 6 times - so, on average, people are worse off now than 50 years ago in the UK.
However, that's not surprising, because in that time many other countries have increased their competitiveness - wealth can neither be created nor destroyed; it merely changes hands
Yep, a pint of milk was 5p - it's now about 50p; a dozen eggs was about 20p - it's now £2 (bought direct from the farm). Some stuff is a little more, other stuff a little less. Average house price though has gone up dramatically.