Price of Czar Putin to my pocket

[tc4332]

We can blame Pudding Putin for the increase in fuel prices but if we only get 3% of our fuel from Russia why did Shell charge me £184 per litre last night.
Stated in the commons just now Shell had £15 Billion profit last year, need I say more.
Just a disgruntled Old Fogey from Wigan who served a few years for my country now paying through the nose for it.
End of political rant.
Apologies for spouting off in the wrong place, at least I woke up this morning breathing.

[MikkiJayne]

It is price gouging in the extreme, using the invasion as an excuse to rip people off.

On Sunday I saw the following prices for diesel:

Shell Crediton - 1.69
Tesco Crediton (literally next door) - 1.55
Texaco Penryn lower - 1.56
Texaco Penryn upper (1 mile away) - 1.77!
A30 Temple Services - 1.46

Its total BS, and yet people are still paying the higher prices. Shell is as busy as normal. I followed a van who drove past Penryn lower and pulled in to Penryn upper instead

[David's8]

Yes, its amazing how the instant the price of crude goes up, the price of the stock already refined and in the garage forecourt tanks goes up.

[tintin]

Unless I'm mistaken, a number of Shell stations are franchises, so are often owned and managed by "independent businessmen" who are pretty much invisible when it comes to taking the flak/being accountable for excessive prices, so can rip off drivers at will...

In my view, the best option - which I've done for years anyway, to be honest - is to buy from Tesco: they're usual cheaper by some margin (more so at the moment...), and their "price premium" for high RON fuel has always been smaller than Shell's.

[steamship]

Originally Posted by MikkiJayne

It is price gouging in the extreme, using the invasion as an excuse to rip people off.

Exactly. People making billions at the detriment to everyone else. Reminds me of all the PPE contracts.

The West impose sanctions on Russia, so they don't get their Starbucks and McDonalds. Meanwhile, the cost of living for people in the West go stratospheric!

Have you seen the cost of home heating oil? Had to buy recently as run out. Cost then was £539 for 900 litres. Exactly three weeks later and it's now £1,079.

Thinking of putting a few 20 litre tubs on eBay.

[strummagnet]

As I see it almost a third of non supermarket stations are independent or franchise under BP, Shell etc. Yes they can price at will but still need to be seen as competitive as the corporate stations, though catchment area can play a part as well. That being said the margin between wholesale and forecourt prices is usually very little, some 3-5p per ltr. Each forecourt being it's own cost centre needs to make a profit and most of this comes from the sandwiches and sweets we love to nibble when filling up.

The revenue from what is in the tanks needs to cover the next wholesale delivery. Consider an unleaded tank serving a group of pumps holds approx 22000 ltrs. Change in wholesale costs is potentially going to wipe out any margin the forecourt is currently generating. The more you are going to need to replenish the greater the additional cost and the greater pressure on margin, therefore the desire is to cover costs from what you have left. Hence variations seen from the 'same' branded fuel stations.

I think in these times with the oxygen thief Putin up to his antics most people are pragmatic about costs going up, for now.

That all being said there are always independents taking advantage. War is good for business...

[Sit down, Waldo]

Just passed local Esso where we normally fill up. Unleaded 166.9, diesel 172.9. Prices for the higher quality versions aren't advertised until you pull up to the pump, typically another 10-12p per litre. That puts a tank for the D2 in the £160 region & works out close to 40p a mile.

[MikkiJayne]

Originally Posted by steamship

Have you seen the cost of home heating oil? Had to buy recently as run out. Cost then was £539 for 900 litres. Exactly three weeks later and it's now £1,079.

Luckily I ordered the day before the invasion

[The_Laird]

Originally Posted by MikkiJayne

Luckily I ordered the day before the invasion

Don’t you mean ‘special military operation’

[Ronin]

When I took a fuel card from my employer a few months ago i really dreaded the £200 a month cost in tax... As I was contributing around £25 of my own money per tank at 14p per mile... Now it would be like £30-35 per tank and I fill up 4 times a week... Crazy times.