Sunday, November 23, 2008

PETROL V DIESEL


Tesco petrol station 23-11-08
Originally uploaded by PhylB
What the hell is going on with the relative prices of petrol and diesel at the moment? I don't get it. I have owned a diesel car since 2000 and have been more than pissed off that the price per litre in the UK is generally 2p more on average than petrol - pissed off because I know that most other European countries charge diesel at about 75% the price of petrol but 2p isn't going to break the bank. When the prices shot through the ceiling earlier this year to £1-30, petrol followed on close behind peaking in Silverburn Tesco around £1-27, so how come now the price is going in the other direction diesel is being left way behind. The price difference of 16p a litre is outrageous. It really doesn't reflect what is happening to the price of oil on the stock markets. Can anyone explain what's going on, please?

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