Jump to content

Panic Buying At Petrol Stations?

Recommended Posts

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.

Share this post


Link to post
Share on other sites

It's all over now.  Time to move on.

Share this post


Link to post
Share on other sites
15 hours ago, West 77 said:

It's all over now.  Time to move on.

I called to Asda handsworth on fri, no probs. 

Share this post


Link to post
Share on other sites

I tend to use Sainsbury’s at Millhouses, filled up with diesel on Thursday, it was very quiet and cost £1.329 ltr.

Share this post


Link to post
Share on other sites

It looks like asda has joined the greedy fuel hike as well. It is £1.40 a litre now for petrol at drakehouse.

Share this post


Link to post
Share on other sites
21 hours ago, Kidorry said:

It looks like asda has joined the greedy fuel hike as well. It is £1.40 a litre now for petrol at drakehouse.

The price of a barrel of oil had doubled from a year ago meaning it's inevitable  the price of petrol will rise.  

Share this post


Link to post
Share on other sites

The consumer always pays at the pump irrespective of the market prices.If the oil companies have bought forward at advantageous prices then its extra profit.If not then any increase is paid for by the consumer.

This also applies to whatever their currency position is for a dollar related commodity.

Then of course prices rise rapidly but reduce very gradually when the market turns.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.