Petrol Prices

[kiwikrasher]

Their petrol is RON plus RON? The two ronnies ?

RON + MON

[D6]

I know really. Just purposely misreading.

[kiwikrasher]

I know really. Just purposely misreading.

We'll see, I'm normally so used to you being so damn serious all the time

[Tricky]

saw petrol at £1.10 today round my way.

[D41]

Your regular is not the same as ours it has a lower octane. We stopped using tractor engines in the 50s

No it doesn't ....we simply use a different system of gauging octane ratings.....you use MON, we use AKI, because we're better than you.

Different doesn't mean better, and in fact it's almost like the US couldn't make up their mind on wether to use RON or MON so the went "feck it, lets take an average" because AKI (Anti Knock Index) is RON+MON/2

I guess having a Cert IV in Petrochemical Processing Technology has finally come in handy

And I want oil to go back up, protects my job. Plus the shares the company gave me earlier in the year as a retention bonus have tanked!

Yeah.....I dunno why they changed it?? We used to use the RON rating......Cali petrol is all watered down with ethanol these days.....might have something to do with that, to try and keep the octane rating artificially high.

[Kwacky]

Holy thread resurrection.

Just seen petrol at two stations for £1.00.9

[D41]

Is that good or bad as far as normal prices go?

[Kwacky]

It went up to about £1.29 a litre a few weeks back

[Blade]

Holy thread resurrection.

Just seen petrol at two stations for £1.00.9

Have they watered it down or something

[duke63]

Over supply and no demand. I bet its down below £1 a litre in a few weeks time.

[Kwacky]

There was an oil price row last month, so the Saudis literally flooded the market.

[Blade]

There was an oil price row last month, so the Saudis literally flooded the market.

Opec nations have agreed a cut in Mays production so might swing back soon. Oil price has risen on the back of the news. Still low, just not as low as a day or two ago.

Was some bargain shares to snap up last week

[duke63]

I think it was Russia that flooded the market.

Putin takes any opportunity to **** the western economies.

[Kwacky]

Was it Russia? My mistake.

[Blade]

It was both Kwacky

[kiwikrasher]

jesus you guys are getting rorted for fuel! The Aussie dollar is half that of the pound and at the height of the oil prices we weren't paying $2 a litre.

Here is a snapshot of my local service station prices. You can get E10 as low as 0.87c closer to the city

petrol prices.png (18.06 KiB) Viewed 2570 times

[Kwacky]

We pay tax at 58p a litre

[kiwikrasher]

We pay tax at 58p a litre

Ours is 38% tax

[Kwacky]

OPEC have announced an agreement to reduce oil production by 10%

[Rossgo]

Crazy, where was this last year through summer when we were all out on bikes and working to full capacity etc lol. I dont mind these prices carrying on lol

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