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Panic Buying At Petrol Stations?

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4 hours ago, altus said:

The whole world is moving away from fossil fuels. If it was going to be cheaper to import ethanol from somewhere else, everybody would do it and so lead to production/supply problems (and an inevitable cost increase). You can't divorce production issues from whether E100 is a suitable replacement for petrochemicals.

Ethanol is not a 'fossil' fuel, though, if it's extracted from recently-grown vegetable matter!

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We grow plenty of stuff here that can be fermented to produce Ethanol.  We used to have E85 available at the pump here, but it along with LPG was never properly encouraged for vehicle use.

 

Instead Diesel was the way forward, and look how that went.

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Guest sibon
21 hours ago, Jeffrey Shaw said:

Ethanol is not a 'fossil' fuel, though, if it's extracted from recently-grown vegetable matter!

You seem to be stubbornly misunderstanding the reason why we can’t run all cars on ethanol.

 

Its very simple. To grow enough sugar/maize/potatoes to produce enough ethanol would seriously impact food production. That’s morally unacceptable in a world that still struggles to feed everyone.
 

Ethanol isn’t extracted from sugar cane either. It is made using sugar cane. Different.

Edited by sibon

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A litre of petrol sold at UK forecourts has reached its highest level since September 2012, at 140.22p on average, according to RAC data.

Those petrol station owners will make making a good profit?

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1 hour ago, El Cid said:

A litre of petrol sold at UK forecourts has reached its highest level since September 2012, at 140.22p on average, according to RAC data.

Those petrol station owners will make making a good profit?

Bear in mind, you pay vat on fuel duty. A tax on a tax. Shocking.

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7 hours ago, El Cid said:

A litre of petrol sold at UK forecourts has reached its highest level since September 2012, at 140.22p on average, according to RAC data.

Those petrol station owners will make making a good profit?

Slight problem with that question - what is the wholesale price compared to September 2012?

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1 hour ago, RollingJ said:

Slight problem with that question - what is the wholesale price compared to September 2012?

Sept 2012 around between $100/120 barrel.

Today round $85 barrel.

Pound has dropped in value against dollar around 20 pence since then.

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6 minutes ago, dutch said:

Sept 2012 around between $100/120 barrel.

Today round $85 barrel.

Pound has dropped in value against dollar around 20 pence since then.

Cheers @dutch- any chance of a link to the data?

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The panic buying of fuel, as well as the food and toilet roll panic buying of 2019, is why I'm not a socialist. People are scum.

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