Diesel prices reach record of over £1.80 a litre

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Chippy_Tea

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£8.10 a gallon ashock1

I feel sorry for people who have to use their car to get to work, kids to school etc public transport isn't always an option it certainly isn't round here, i am glad i no longer have to commute many miles a day.


UK diesel prices rose to a record of just over £1.80 a litre as efforts to stop importing fuel from Russia pushed up costs for retailers, the RAC said.
After the previous record of £1.79 was set in March following the Russian invasion of Ukraine, prices dipped but have risen again in recent weeks.
The RAC said petrol prices went up by nearly 3p a litre since the start of May and were £1.66 a litre on average.
It said if EU members agreed to ban Russian oil, prices could rise further.
The EU has been focusing for weeks on how to wean itself off Russian energy and has plans to phase out Russian crude oil over six months.
However, countries are split on how soon they wind down dependence - Hungary has rejected the proposal as unacceptable and the Czech and Slovak governments want a transition period.

The UK is not as dependent on Russian oil as the EU is, however, almost a fifth of all UK diesel consumption was provided by Russian imports in 2020.
The UK is also affected when global prices rise, despite its plans to stop Russian oil imports by the end of the year.
"Efforts to move away from importing Russian diesel have led to a tightening of supply and pushed up the price retailers pay for diesel," said RAC fuel spokesman Simon Williams.
"Unfortunately, drivers with diesel vehicles need to brace themselves for yet more pain at the pumps."

Cutting back
In recent weeks, fuel sales have fallen as drivers have cut back on the number of journeys they make due to higher pump prices
Petrol station operator Ascona Group, which owns 60 UK petrol stations, said the amount of fuel it sold had dropped by 200,000 litres a week compared to pre-pandemic levels.
Managing director Darren Briggs said customers were making £20 to £30 fuel purchases "last a little bit longer".
The Office for National Statistics revealed last week that the UK's economy shrank by 0.1% in March and said higher prices, including those at the petrol pumps, were "really beginning to bite".
The downturn came ahead of the impact of higher energy bills in April, which has sparked fears from analysts that the UK economy is at risk of a recession - defined as the economy getting smaller for two consecutive three-month periods - later this year.

 
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Thankfully due to my shift pattern I only have to fill up once a month even with a 30 min commute.

I do really feel for people who use a tank a week.

No answer to it unfortunately, just need to ride the storm the best you can.
 

Chippy_Tea

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The system feels broken.

Indeed it does, how can energy companies make so much money that they said themselves they don't know what to do with it yet people at the other end have to choose between heating their homes and feed the family.
 

the baron

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£78 today to fill my tank from just above the red line, would have been another £10 from empty.
Probably last me nearly 2 months unless we go on any days off to the coast
 

Class68driver

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My Kodiaq gets part exchanged this weekend, when I first got it I could fill the tank for about £50, now its well over £80. My new Enyaq has about a 300 mile range and will cost approx £8 to top up to maximum. I'm not going to miss spending nearly £200 per month on diesel. Plus I think the new motor looks pretty nice.
 

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Chippy_Tea

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Yes I'm very lucky to have a drive that could accommodate 4 cars so plenty of space here.

Nice, i would love an EV i know they are not popular with some members but for the distances i drive its a no brainer the problem for me is i don't have off street parking when they do eventually fit street chargers i may take the plunge.
 
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Clint

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A mate and I have just had 2 days fishing in Oxford. We were using his works van a newish Merc Sprinter long wheel base...probably cost us over £50 in fuel there and back and the dicking about driving round while there. We needed to get fuel to come home...£1.98.8 per litre...
 

Brew_DD2

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Nice, i would love an EV i know they are not popular with some members but for the distances i drive its a no brainer the problem for me is i don't have off street parking when they do eventually fit street chargers i may take the plunge.

I have one on order. Bigger monthly payments on it, but it will save me a lot of money over the course of its life. Wife has a plug-in hybrid and it's lovely to drive in pure electric mode.
 

winslade

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£8.10 a gallon ashock1

I feel sorry for people who have to use their car to get to work, kids to school etc public transport isn't always an option it certainly isn't round here, i am glad i no longer have to commute many miles a day.


UK diesel prices rose to a record of just over £1.80 a litre as efforts to stop importing fuel from Russia pushed up costs for retailers, the RAC said.
After the previous record of £1.79 was set in March following the Russian invasion of Ukraine, prices dipped but have risen again in recent weeks.
The RAC said petrol prices went up by nearly 3p a litre since the start of May and were £1.66 a litre on average.
It said if EU members agreed to ban Russian oil, prices could rise further.
The EU has been focusing for weeks on how to wean itself off Russian energy and has plans to phase out Russian crude oil over six months.
However, countries are split on how soon they wind down dependence - Hungary has rejected the proposal as unacceptable and the Czech and Slovak governments want a transition period.

The UK is not as dependent on Russian oil as the EU is, however, almost a fifth of all UK diesel consumption was provided by Russian imports in 2020.
The UK is also affected when global prices rise, despite its plans to stop Russian oil imports by the end of the year.
"Efforts to move away from importing Russian diesel have led to a tightening of supply and pushed up the price retailers pay for diesel," said RAC fuel spokesman Simon Williams.
"Unfortunately, drivers with diesel vehicles need to brace themselves for yet more pain at the pumps."

Cutting back
In recent weeks, fuel sales have fallen as drivers have cut back on the number of journeys they make due to higher pump prices
Petrol station operator Ascona Group, which owns 60 UK petrol stations, said the amount of fuel it sold had dropped by 200,000 litres a week compared to pre-pandemic levels.
Managing director Darren Briggs said customers were making £20 to £30 fuel purchases "last a little bit longer".
The Office for National Statistics revealed last week that the UK's economy shrank by 0.1% in March and said higher prices, including those at the petrol pumps, were "really beginning to bite".
The downturn came ahead of the impact of higher energy bills in April, which has sparked fears from analysts that the UK economy is at risk of a recession - defined as the economy getting smaller for two consecutive three-month periods - later this year.

£78 today to fill my tank from just above the red line, would have been another £10 from empty.
Probably last me nearly 2 months unless we go on any days off to the coast
Driving your car with a full tank of fuel is like driving around with a boot full of beer, only half fill mine now.
 

Cheyne_brewer

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Shell garage on the A46 north near Leicester is gouging £1.86 a litre for diesel. Makes Asda’s £1.73/l seem cheap! Currently costing about £64 a week in fuel for my weekly commutes of around 500 miles. Yet even the cheapest EV doesn’t make sense as it would take years to actually make savings taking purchase cost into account. Personal Leasing not an option - anything above 12k a year is punitively expensive, I do about 24k. Until EVs hit the second hand market (and battery lifetimes are improved) I can’t see take-up like they have in Norway, where incentive to swap and infrastructure support makes it practical and cost-effective.
 

Graz

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Also glad to be working from home at the moment though luckily only through an exemption due to a health issue. If it weren't for that I should be going in 3 days a week (40 mile round trip each time). Saving a fortune.

If I were back in the office I also run an old banger that's a 1.3L petrol so doesn't use a great deal of fuel. The other car though, a diesel Kia Sorento is less than economic and I'll be using it to see my Mum and brother this weekend (340 miles) and we're off to Norfolk with the caravan in a few weeks 😭
 
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Graz

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Just worked it out, would actually be slightly cheaper to make my weekend trip on the train, though only because I'm travelling alone. Not going to though 😆
 

Chippy_Tea

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even the cheapest EV doesn’t make sense as it would take years to actually make savings taking purchase cost into account

I imagine new EV owners will by on personal contract so will swap cars every three years so no worry about battery life.

For those thinking about buying second hand -
As well as the huge amount saved on petrol, EV servicing is a lot cheaper, there is a lot less to wear out so little chance of unexpected bills and road tax is zero also if you live in city no clean air tax.
Used EVs with 3/4 battery condition are now below £10,000.
 
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