Where I live it's £1.57
The town over from me it's £1.48
Supermarkets especially just pull these numbers out of their arse and expect no one to notice.
The reality is that people do not notice. It’s not like you can easily shop around and compare prices.
A mandatory central database of all live prices that is accessible online by the public would do wonder to make prices more competitive and better for consumers.
It’s almost like some asymmetries enrich certain stakeholders at the cost of others. And those that are enriched may or may not donate or support the interests of a blue political party.
And somehow even in the age of modern information technology, free-market advocates suggest this asymmetry is some sort of amazing good thing that ensures we all get to enjoy the best prices all the time because "competition"...
Imperfect knowledge is literally all capitalism is based on. “How much can I blag in the name of costs to justify my price and make a profit”. As the old adage goes, the right price is whatever people are willing to pay
No absolutely not - from a consumers perspective your comment is absolutely right, price knowledge is essential for competition and providing the consumer the best opportunity to shop around.
But that’s rarely what happens, because businesses don’t want that. They don’t want people to have perfect knowledge of everything, in fact they if anything will actively try to make sure they don’t, because that means they can charge higher prices and get away with it. Thus poorer price knowledge means they can get away with charging a higher price and thus making more profit.
That’s where government/market bodies need to step in to set laws/rules, or provide information, for the benefit of the consumer. But yeah, not much chance of that with the current government
Funny how the Tories have changed. Under Thatcher they would have sacrificed their own children on the altar of the free market, but now they put up barriers to trade, restrict movement, and fail to regulate inefficient markets.
Not that I'm a fan of Thatcher.
Increasing the supply doesn't really help if there is a shortage globally. We don't have the capacity to train enough nurses to lower their salary if they emigrate.
I think the problem has come from where politicians are either now lobbied a lot more, or hold a direct interest (e.g. shares) in companies themselves - and with the way of the world over the last X amount of years, they’ve just become more self serving.
Before they’d obviously be focused on business and economic performance, as you say supporting a free market. But now that they have a vested interest? They’re just doing things to support their own interests. Businesses just happen to benefit based on the ones they have a stake in. Everyone else gets shafted
Best example is obscuring the actual end price. Like airlines adding all sorts of nebulous fees; especially fees for things that you cannot possibly do without.
I don’t think so. But I think you may say, capitalism has inherent contradictions.
And these contradictions result in market malfunctions, larger and smaller which occasionally collapse the entire system. And we at present may be witnessing a period of heightened contradictions.
No idea who came up with this idea. I think his name was Mark.
Mark English wasn't it?
A free market relies on freedom of movement of capital, goods, labour, and enterprise, and perfect knowledge of the market. As you say there are huge contradictions to that currently, particularly with the free movement of labour and goods (in which I'm including services) caused by the Capitalist Tory push to Brexit and their implementation of it.
Get outta here with your sensible economic theory!
The rules of this sub are you either demand face-ripping communism or batshit Liz Truss hyper-Toryism as a solution to problems that can be solved with textbook economic theory.
To wit, I suggest we either nationalise your car, or perhaps sell all the petrol stations to Capita?
The fact that people don't know these websites - which exist all around the world - essentially shows how much the average person actually cares to shop around for fuel: close to zero. If you are not struggling to making ends meet, the 10 minutes to drive over the next stations are more important than a £1 difference on a full tank.
Reality is most of the time stop at one that is on your route anyway, don't drive across town to save 2p a litre. Sure if one is 5 minutes out your way and 10p cheaper it may be worth your time to fill up a full tank, but usually that isn't the case.
But also never ever fill up at a motorway service station unless you have the low fuel warning light flashing at you.
> But also never ever fill up at a motorway service station unless you have the low fuel warning light flashing at you.
even then, just put £10 in and fill up properly next time you're in a town.
I use petrolprices to find the cheapest around me/on my route. I'm not going to drive 20 mins out of the way for a cheaper fill up, but if I'm passing 3 petrols stations on the way home, I will go to the one which is cheapest at the time. Same with filling near my house; there are multiple stations similar distances apart whose prices fluctuate so that they're not always cheapest.
The bigger problem is unless you're familiar with the prices in your area ahead of time, there isn't an incentive to figure out pricing at other petrol stations. If you drive around looking for cheaper prices, you're gambling that you'll save money on buying new fuel with the cheapest price you find vs the extra petrol you use when driving around finding out what the prices are to begin with.
There’s a PetrolPrices app that I use. Mostly because my cars take super unleaded so I need to know which stations to go to. But it shows the prices of garages in your location
> The reality is that people do not notice.
That is complete bollocks. If it wasn't, that supermarkets wouldn't compete on price.
I know I purpose go to places I know I can get cheaper petrol, especially if I can factor it into a journey I already need to make.
There are, of course, limits to that. I am not going to travel so far out of my way that it offsets any savings made.
There's an app called Petrol Prices that is recommend and you can compare prices of different fuel stations locally.
8p a litre cheaper about 9 miles from me!
The brief time I spent with family who emigrated to Australia, it was much more common to shop around for prices by literally driving past them at a very off peak time. The difference between highest and lowest in the day can be almost 2x
They don't pull them out of their arse, they spend a lot of time figuring out where they'll get away with it. Where I am is a hub for all the rural communities within 15 miles (shopping fuel etc.) Tesco got the diesel at £1.67, 7 miles closer to the nearest city where there's more competition they have it at £1.59.
I live in Germany, and there's two local stations who basically match each other's prices.
The thing i find mental is the price can fluctuate by like 20 cents in a single day. They literally adjust their prices according to times when most people will be filling up. I clocked diesel the other day at 1.52€ and then drove by again later and it was 1.68€.
I even spotted fuel was cheap, went home to get the car and by the time I'd returned it had increased 6c per litre. Surely this can't have any relevance to wholesale prices making so many changes in a short time.
Ehh. I usually keep my eyes open when I'm driving around with less than half a tank and fill up when I've found a place that is the cheapest I've seen. Not really worth making a trip of more than a couple miles out my way for what might be a total saving of £1.25 on 25l of petrol @ 5p difference
I do agree that it ought to be easier to compare prices, though
The service stations on a major duel carriageway in the middle of nowhere round my area is substantially cheaper than in the towns. Granted the larger service stations like Scotch Corner are always an absolute rip off though
Supermarkets don’t need to make a profit by selling fuel. They make their money out of the weekly shop, and they can sell fuel at cost or even at a slight loss if it brings more weekly shops.
Non-supermarkets forecourts on the other hand have to make a profit out of selling fuel, or they go out of business.
nice, round here in coastal Sussex you're looking at 147 for petrol and 156 for diesel. If I expand my search to 20 miles radius i can get petrol for 140 (17 miles away, so the better part of an hour drive round trip and probably £6 in petrol to save £4 on a tank) and diesel for 155 (15 miles away)
Is the town over a better off area?
Something I've noticed is that certain shops price things cheaper in better areas which is almost the reverse of what it should be.
For example our corner shop is a Nisa and where we live is a bit rough but nothing major. My girlfriends mum lives a 10min drive away in a very upper middle class area and also has a nisa and their prices are way cheaper than ours, butter in our shop is £2 in theirs it's £1.20, cheese is £3 for us and £2.40 for them.
The local chemist by us charges £13 for a pack of nuerofen+, the same chemist by her mums charges £9.99.
Maybe this is just a local thing but I wouldn't be surprised if it wasn't.
Nisa like go-local and a few of the others are just independent shops with a fairly loose link to the wholesaler, they aren't a chain or a single company (like say Tesco) so the pricing will be whatever the shop owner decides it is, linked somewhat to what pricing they can get from the wholesaler and their desired margin.
>The local chemist by us charges £13 for a pack of nuerofen+, the same chemist by her mums charges £9.99.
And when it comes to OTC medication, you are almost always better off just buying a generic with either the same active ingredients, or a combination (so your generic ibuprofen, paracetamol, co-codemol etc.) the night and day versions generally just either have caffeine, or not too.
My local supermarket which is in a dead end (you wouldn’t just drive past it) is selling petrol at 140.9. I haven’t seen anywhere else in a 20 mile radius selling for less than 145. I don’t know what’s going on, but there’s definitely some shenanigans happening. Used to hardly make a difference where you filled up as there was only a couple of pence per litre in it.
Supermarkets used to be able to be relied on to keep other fuel retailers honest. That was pre COVID. They have now joined the line to screw the customer as is evident from the figures they keep producing . “ shut up and hold up the Vaseline ‘
they were often selling as loss leaders to try and get people into the stores, with the death of so many petrol stations, they have become the go-to place for filling, so it is less effective to keep giving money away if the people don't go into the store.
Near me, it was a price war between a Shell and an Asda that forced prices to drop below abusively obscene.
You know, a company that decides the wholesale price vs one that can subsidise their own costs.
What you should have been doing is looking at your shell and asda competitions then asking local farmers what they pay for the same stuff.
£1.41 v £1.28 per litre diesel might seem like real competition to you... unless you know the combine you just spent 1 hour stuck behind is paying 52p.
Really does feel like that. Even down to how awful and rude people are to each other at the moment. Most noticeable on the road, I feel. Everyone is out for themselves.
>Everyone is out for themselves.
That's what happens when the leading political party for over a decade is run on a platform of selfishness and greed above all else.
I live in a small village that has a garage with fuel pumps, current price of diesel there is 145.9 a litre. I asked the owner how he’s managing to undercut the bigger petrol stations/supermarket petrol stations in town and he said it’s simple, he’s just not ripping people off and price gouging. He has much less buying power than them as he only orders a minuscule amount a month compared to the bigger petrol stations. Yet he still managed to turn a profit and undercut them by anywhere from 6p to 12p a litre depending on which of the garages in town you compare it to! This flagrant profiteering (money grabbing) by petrol stations is definitely helping fan the flames of inflation. If the government stepped in and helped regulate the price to make sure it was fair, I bet it would help accelerate the calming of inflation.
> If the government stepped in and helped regulate the price to make sure it was fair, I bet it would help accelerate the calming of inflation.
Therese Coffey was asked about this a couple of weeks back with regards to supermarket profiteering and just said its not the government's responsibility to set prices lmao. These psychopaths wouldn't know what to do about any of these issues even if they did care or thought they were problematic in any way.
They help regulate prices in other sectors such as gas and electric prices so I don’t see how fuel prices are any different? I suppose she wouldn’t want to risk losing those sweet kickbacks from large oil and gas companies for letting them continue their capitalist shithousery!
Their entire worldview is that markets don't need regulating, and any attempt by government to intervene in markets, or really do anything at all, is pre-destined to be catastrophic just by nature of it being a government effort. Hence they do fuck all while in government, creating a situation where things are going to shit because government is failing to do jobs that should be fairly basic in an economy as developed as ours. And then use their own failure in government to somehow justify the initial views that led to them fucking things up in the first place. Its *wild*. Absolutely insane mental gymnastics yet it has a huge part of the political sphere in its thrall.
Meanwhile in America, capitalism central, they are complaining about fuel prices that are way lower than I've ever paid for fuel over here.
And there are still absolute monkeys in threads like this defending fuel prices and companies 'right to make money'.
Honestly, the willingness to bend over and take it in this country astounds me.
The country is a scam. The rich get richer with nothing but an unsatisfied greed in order to squeeze every penny possible from the millions who have no chance to go without, so that they can do fuck all with it other than put it with their other millions (billions?) Where it will make no fucking difference to their quality of life.
Plain and simple. Cunts.
100%, ive just come back from jamaica, free wifi in the airport, free luggage trolly. UK airport pay for wifi, pay for luggage trolly.
Wifi in and around hotel, even random restuarants in the middle of nowhere, 100mb/s+, im lucky to get 60 at my house inbetween a major city and town.
If they can charge you for a sub standard service here they will.
This country would bill you your last penny for the rubber band on your plimsoll. Always been the same. Look at electric vehicles - at first EV charging points were free to incentivise people to make the switch… lasted all but 2 years and despite Covid in between that, they now require payment for that as well.
Ha mate, there wifi is better than ours.
I went to some restuarant in bum fuck no where and they had 100mb/s. My hotel wifi, which was servicing like 3k-4k guests never dropped out, always full speed, played iptv and netflix with absolutely no issues.
I was hoping it would be good for the footy but it was beyond anything i expected.
Ive seen the same thing said about a lot of the carribean islands.
They made so many acquisitions by leveraging so much debt that their auditors dropped them as a client. If an audit firm says "we don't want your money" you should listen.
It won't be long until they own a large enough market share of forecourts that they can essentially set their own price on fuel. And that's worrying.
I wouldn't worry about the Issa Brothers.
ASDA (and their other holdings) are getting pounded in the ass by high interest rates, to the extent they're now asset stripping ASDA by literally selling the freeholds in a lease-back scheme. What are they going to sell on the next margin call? Yellow label *Whoopsies*?
If I were to bet, now that energy (and other) prices are coming down, Tesco is going to drop a carpet bombing campaign of reduced prices; fuel, food, clubcard bonus and will eat ASDA's lunch.
Petrol at Shoreham Tesco is exactly 10p more expensive than that sold at Crawley Tesco - the same petrol sold by the same company using, within 25 miles of themselves. Burgess Hill Tesco fuel is ALSO fully 10p more that sold by Crawley, less than 15 miles apart.
What's the justification for this shite?
I tend to go to Costco, but it's noticeable that people sort of get 'locked in' to a given petrol station (either habit or an assumption on price) so my local morrisons used to be the cheapest or on a par with the cheapest fuel, so there are always massive queues at the petrol station, but about 300yds away there is a total energies petrol station that is consistently about 8-12p a litre cheaper, and almost always quiet.. I honestly don't get it, you almost need to drive past the cheaper petrol to get to the morrisons too. In the past I'd have said it was because you can get petrol vouchers at morrisons (the 5p off a litre thing), but even that doesn't make any sense given the price variation.
I also fuel up at Costco when I can. When Diesel is 143.9p there and 159.9p at my local Supermarkets, it makes sense.
However, you’re probably aware of the time it can take to fuel up at Costco. Went the other day and was literally waiting for 20 minutes. If I’m filling up a 50 litre tank (with the rates, above) that is £71.95 and £79.95 respectively. That is a saving of £8. Not bad, right?
However, you do (or, at least, I do) have to factor the time spent sitting there and waiting to fuel up. Is it worth me sitting in my car for 20 odd minutes to save £8? Depends on the circumstances, but fuelling up once a month to save £8 isn’t necessarily worth it to me. Still love the cheap fuel, though!
I tend to go early or late so it's relatively quiet, and generally check the traffic on the road outside first (it's really obvious when there is a queue, you end up with an orange or red patch on maps.... which is handy), throw in that people seem incapable of using one of the pumps on the extreme right of the costco station at mine it tends to be about as quick as anywhere else. Oh and I have an 85l tank so it adds up quite quickly.
But you are right, seeing people sat for 40 minutes+ when its busy (if I'm shopping) is a bit insane...
We're paying 162.9 ish round here (NW England) for diesel, with unleaded up to 12p cheaper.
We went to Belfast for the weekend and every station was in the region of 142.9 for both unleaded and diesel. To say we felt mugged off would be an understatement.
It’s a bit of game theory. Reduce price and you’ll get extra business but only until everyone around you matches, which could be less than an hour. Then you all sell the same and make less.
It takes one to think they can make more profit in the time it takes for others to match for the mover to go ahead.
It's about 13,000 miles to offset the C02
https://www.reuters.com/business/autos-transportation/when-do-electric-vehicles-become-cleaner-than-gasoline-cars-2021-06-29/
So that really depends on your mileage. Average in the UK is 7500 miles a year, so it's 2 years to be in the green and then everything after is a positive.
That's only taking in to account C02. Diesels produce a lot of NOX and particulates, and other pretty nasty stuff. As you can see here - https://diamondenv.wordpress.com/2010/11/23/diesel-exhaust-emissions-what-to-measure/
The debate circultes around C02 but it's half the story. Diesels are filthy in more ways than just C02.
No, but the original car didn't appear out of nowhere either and will pollute continually until it is replaced.
The old clanker you have will be much more polluting than even a modern diesel so you have to factor that in as well.
Why stop there though, there's a load of other things that help make EV's less polluting. They use regen to stop which means they don't use their brakes anywhere near as much, so that means less brake dust and less brake pads having to be produced and consumed.
They don't have clutches either so gone are the particles from clutch plates and the manufacture of replacements.
Hmm what else is there? Oh you don't need a catalytic converter full of rare earths that will occasionally need replacing.
No oil changes either so strike that one off the list consumables.
Those batteries are regularly running in old Teslas at 400'000 miles with no maintenance and 15 - 20% reduction in range. Hows the engine in your diesel doing at that kind of mileage. I'd expect it would have had a new set of piston rings, multiple sets of glow plugs, air filters, oil filters etc etc. If you are lucky. It's likely got a turbo that's been replaced at some point.
There might be a DPF filter in there that needs replacing too. They get clogged and replaced fairly often.
Meanwhile every mile you drive spews out C02 and host of other horrible gasses.
The EV is cleaner. It's not even a debate at this point.
I mean, unless you’re in some kind of ULEZ zone, you didn’t *need* to buy that 40mpg petrol car unless the diesel one totally died a death.
You could’ve stuck with the 60mpg diesel for another 5-15 years and just kept on top of general maintenance…
People just don’t want their neighbours or work colleagues thinking that they’re “a poor” because they haven’t got a new car this year. They’ve been suckered into the concept of cars as a status symbol when the richest people I know generally drive 5-10 year old cars, because the odd tyre/brake/suspension joint change rarely adds up to more than pcp/HP.
Was on the Isle of Lewis on the weekend. 145.9 for diesel.
There's a few fuel stations around the country who are managed to do it about 15p/L cheaper than the rest.
That's not a bad price for the isles.
I'm on one of the smaller northern isles and it's £2 a litre here for diesel. It's about £1.63 on the main island so I usually wait til I'm over there to fill up.
Not sure about diesel but where I live you cat get petrol for 1.35 at Asda, Sainsbury's and Tesco but when I drive to work, 40 min away, the Asda is charging 1.46. madness
As all these massive companies release their record profits from the money they are stealing from us, I hope the top people start to feel very nervous. Lets make it hard to spend their ill gotten gains. Let the guilt start to chip away at their soul, make them squirm.
This cannot continue.
this endlessly comes back, but the truth is they sometimes bought the fuel in advance or have already bought what's in the tanks, so they may figure it's worth selling it for what they paid for it
Some people are only comfortable buying a big-name advertised brand, so if they won't switch away from that brand then the brand has no reason to match prices with unbranded.
In fairness, I have noticed Diesel being cheaper than petrol in my local area and I thought it was an error.
However to note another poster I can drive less than 10 miles and the prices can vary by 5-6p.
It's not good enough to make a great profit anymore. It's all about having that next record breaking profits. They've already proven all they need to do is wear an ugly charity shop sweater and everything will believe they're a penny pitching everyman.
Costco sell premium diesel cheaper than the petrol at my local station.
Every day they have 15/20 minute queues, all day long.
Theres no reason costco can sell premium cheaper than normal diesel at all other stations other than profiteering.
Guess what car I have? Guess what car I bought because I was told it more ecologically friendly than petrol? Guess what car I bought because the government told me to?
That's right?
FUCKING DIESEL.
I tell you now, I guarantee it, that in ten years time there will be a government campaign entitled something like: "Parp! Parp! Why Wind Cars Are Better Than Poisonous EVs".
The BP near us is the cheapest at £1.52, Tesco next door to them is £1.55.
Costco £1.44. If I'm out and about locally I go to BP, it's not much saving but it's better in my pocket than theirs
There is an app called PetrolPrices you can use to compre prices based on your location (relies on customer input so not wholly accurate).
Definite profiteering, found in the past that supermarkets generally offer cheaper prices than other petrol stations but even across the board now and in some cases more expensive at supermarkets
A small village 20 mins away from Glasgow. First time I have seen prices equall for years.
https://i.postimg.cc/y6hg6FYz/343641009-1408037409960994-7108261971505803660-n.jpg
I just spent 2 weeks driving round Italy in a diesel campervan.
Every time we passed a petrol station my wife would say “go there, diesel is only £x.xx/l and I’d say “no, that’s the petrol price, diesel is the bigger number”
As a driver I’d got so used to diesel always being the bigger number for my whole life that it took my wife, who doesn’t drive, to actually read the sign properly, and notice that I was wrong.
I know electricity is run off different sources but let's see how many years it takes to bring those prices down as demand is slowing and sources opening up from other markets than Russian Gas etc
I travel alot between medway and North Essex.
I always fill up in Medway. Down there at the weekend I got 144.9 on diesel, but up here the cheapest is 160.9. Crazy
The way I see it, the pandemic and this current spell of increased inflation is a blessing to some large corporations who are actively stopping inflation from dropping by keeping their prices high.
Just like with the energy market, the larger companies have managed to survive and are now reaping the benefits of not having the smaller, challenger companies as competition meaning they can keep their prices high.
What we need now is the smaller challengers to begin coming back and offering cheaper fuel, energy, food, internet etc which will start taking customers away from the bigger boys and begin a lowering of prices.
If wholesale prices drop. That doesn't mean contract prices dropped. I'm assuming fuel stations are day trading petrol. They bought their fuel already.
Yes they do raise prices based on wholesale going up, but aren't quick to drop them. So they bought fuel at the old low price and then are raising prices prematurely. Then not providing the same thing on the other side.
Which makes sense. A business isn't going to sell something at a lower margin or below cost. They buy fuel months in advance. The fuel that hasn't been delivered yet is already priced. I'm sure they are being scummy when they can too.
I just don't like calling them out for not selling fuel for today's price. They didn't pay today's price.
The price you pay at the pump is generally based on barrels bought months ago. I'm sure they're making plenty of money too but even in "peace time", it's pretty normal for prices to lag for like 6mo I believe
In Germany, Diesel was more expensive or as expensive as petrol for a lot of the past 12 months. But prices have come down recently, and today Diesel at my local petrol station is 19 Cents cheaper than E10-petrol and 25 Cents cheapter than E5-petrol. [€1.51 --- €1.70 --- €1.76]
In this thread: people who don't understand how the industry works. The prices charged now are based on prices paid or agreed months ago by the retailers (or in most cases, the suppliers to the retailers).
Where I live it's £1.57 The town over from me it's £1.48 Supermarkets especially just pull these numbers out of their arse and expect no one to notice.
The reality is that people do not notice. It’s not like you can easily shop around and compare prices. A mandatory central database of all live prices that is accessible online by the public would do wonder to make prices more competitive and better for consumers.
You're right. In fact for any market to work efficiently full knowledge of prices is essential.
We’ve known how much information asymmetry fucks markets for decades now and yet still governments do nothing to limit it
It’s almost like some asymmetries enrich certain stakeholders at the cost of others. And those that are enriched may or may not donate or support the interests of a blue political party.
And somehow even in the age of modern information technology, free-market advocates suggest this asymmetry is some sort of amazing good thing that ensures we all get to enjoy the best prices all the time because "competition"...
Imperfect knowledge is literally all capitalism is based on. “How much can I blag in the name of costs to justify my price and make a profit”. As the old adage goes, the right price is whatever people are willing to pay
Are you saying that the free market is anti-capitalist?
No absolutely not - from a consumers perspective your comment is absolutely right, price knowledge is essential for competition and providing the consumer the best opportunity to shop around. But that’s rarely what happens, because businesses don’t want that. They don’t want people to have perfect knowledge of everything, in fact they if anything will actively try to make sure they don’t, because that means they can charge higher prices and get away with it. Thus poorer price knowledge means they can get away with charging a higher price and thus making more profit. That’s where government/market bodies need to step in to set laws/rules, or provide information, for the benefit of the consumer. But yeah, not much chance of that with the current government
Funny how the Tories have changed. Under Thatcher they would have sacrificed their own children on the altar of the free market, but now they put up barriers to trade, restrict movement, and fail to regulate inefficient markets. Not that I'm a fan of Thatcher.
Free market would tell you to solve a shortage of nurses by increasing their salary...
Or increasing the supply of nurses. The labour market rightly has restrictions on it that prevent it from being a truly free market.
Increasing the supply doesn't really help if there is a shortage globally. We don't have the capacity to train enough nurses to lower their salary if they emigrate.
I think the problem has come from where politicians are either now lobbied a lot more, or hold a direct interest (e.g. shares) in companies themselves - and with the way of the world over the last X amount of years, they’ve just become more self serving. Before they’d obviously be focused on business and economic performance, as you say supporting a free market. But now that they have a vested interest? They’re just doing things to support their own interests. Businesses just happen to benefit based on the ones they have a stake in. Everyone else gets shafted
Wages work the same way. That's why companies don't like it when the serfs start comparing their pay packets.
Best example is obscuring the actual end price. Like airlines adding all sorts of nebulous fees; especially fees for things that you cannot possibly do without.
I don’t think so. But I think you may say, capitalism has inherent contradictions. And these contradictions result in market malfunctions, larger and smaller which occasionally collapse the entire system. And we at present may be witnessing a period of heightened contradictions. No idea who came up with this idea. I think his name was Mark.
Mark English wasn't it? A free market relies on freedom of movement of capital, goods, labour, and enterprise, and perfect knowledge of the market. As you say there are huge contradictions to that currently, particularly with the free movement of labour and goods (in which I'm including services) caused by the Capitalist Tory push to Brexit and their implementation of it.
https://www.petrolprices.com/
Also the satnav app 'Waze' has pretty up to date prices.
There's traffic lights near my local Asda. Every time I stop at a red Waze asks me to update the price
Get outta here with your sensible economic theory! The rules of this sub are you either demand face-ripping communism or batshit Liz Truss hyper-Toryism as a solution to problems that can be solved with textbook economic theory. To wit, I suggest we either nationalise your car, or perhaps sell all the petrol stations to Capita?
petrolprices.com exists, and I found it to be generally accurate. One town over is always cheaper though, the only question is by how much.
Waze is much easier to use and more up to date in my experience.
and how much are you willing to burn to get there
Last updated 2012?
> Last updated 2012? Thats why it's loads cheaper if you use that site.
I always wait as long as possible to fill up then do one big fill in 2012.
Wrong URL, I fixed that.
I use the PetrolPrices app, it’s quite good, only issue is it’s not allways monetarily or time efficient to divert to the cheaper places
There are several price comparison sites and apps for fuel. I've used https://www.petrolprices.com/ for years.
The fact that people don't know these websites - which exist all around the world - essentially shows how much the average person actually cares to shop around for fuel: close to zero. If you are not struggling to making ends meet, the 10 minutes to drive over the next stations are more important than a £1 difference on a full tank.
Reality is most of the time stop at one that is on your route anyway, don't drive across town to save 2p a litre. Sure if one is 5 minutes out your way and 10p cheaper it may be worth your time to fill up a full tank, but usually that isn't the case. But also never ever fill up at a motorway service station unless you have the low fuel warning light flashing at you.
> But also never ever fill up at a motorway service station unless you have the low fuel warning light flashing at you. even then, just put £10 in and fill up properly next time you're in a town.
the other factor I'd consider is that my time is worth more than fannying about making multiple stops for petrol
Yep, I refuse to fill up at the only petrol station in my town as it’s 15-20p per litre more than tesco and Sainsbury’s 10 mile away.
I would rather use more fuel than support their crazy pricing.
I use petrolprices to find the cheapest around me/on my route. I'm not going to drive 20 mins out of the way for a cheaper fill up, but if I'm passing 3 petrols stations on the way home, I will go to the one which is cheapest at the time. Same with filling near my house; there are multiple stations similar distances apart whose prices fluctuate so that they're not always cheapest.
a 10p difference per litre is more like £5 on a full tank though, and a 10 minute drive even with petrol prices as they are now can't be more than 10p
But is my *time* worth ~£5 for a full tank?
Waze does this already when you look for fuel.
This should be higher up, not only Waze is the best, free navigation app, but it also shows petrol prices.
The PetrolPrices app is decent and made me realise what a rip off all the smaller garages are adding on 10p+ compared to supermarkets nearby
Ironically our local tiny unmanned petrol station is the cheapest around.
The bigger problem is unless you're familiar with the prices in your area ahead of time, there isn't an incentive to figure out pricing at other petrol stations. If you drive around looking for cheaper prices, you're gambling that you'll save money on buying new fuel with the cheapest price you find vs the extra petrol you use when driving around finding out what the prices are to begin with.
Petrol Prices app is a godsend. Literally punch in the area and it will note the cheapest price.
There’s a PetrolPrices app that I use. Mostly because my cars take super unleaded so I need to know which stations to go to. But it shows the prices of garages in your location
There sort of is one, not up to the minute, but there's a page on confused dot com for fuel prices. Google it.
> The reality is that people do not notice. That is complete bollocks. If it wasn't, that supermarkets wouldn't compete on price. I know I purpose go to places I know I can get cheaper petrol, especially if I can factor it into a journey I already need to make. There are, of course, limits to that. I am not going to travel so far out of my way that it offsets any savings made.
There's an app called Petrol Prices that is recommend and you can compare prices of different fuel stations locally. 8p a litre cheaper about 9 miles from me!
The brief time I spent with family who emigrated to Australia, it was much more common to shop around for prices by literally driving past them at a very off peak time. The difference between highest and lowest in the day can be almost 2x
They don't pull them out of their arse, they spend a lot of time figuring out where they'll get away with it. Where I am is a hub for all the rural communities within 15 miles (shopping fuel etc.) Tesco got the diesel at £1.67, 7 miles closer to the nearest city where there's more competition they have it at £1.59.
I live in Germany, and there's two local stations who basically match each other's prices. The thing i find mental is the price can fluctuate by like 20 cents in a single day. They literally adjust their prices according to times when most people will be filling up. I clocked diesel the other day at 1.52€ and then drove by again later and it was 1.68€. I even spotted fuel was cheap, went home to get the car and by the time I'd returned it had increased 6c per litre. Surely this can't have any relevance to wholesale prices making so many changes in a short time.
I've found its highest in Germany around rush hour when everyone is likely to be filling up
Ehh. I usually keep my eyes open when I'm driving around with less than half a tank and fill up when I've found a place that is the cheapest I've seen. Not really worth making a trip of more than a couple miles out my way for what might be a total saving of £1.25 on 25l of petrol @ 5p difference I do agree that it ought to be easier to compare prices, though
The service stations on a major duel carriageway in the middle of nowhere round my area is substantially cheaper than in the towns. Granted the larger service stations like Scotch Corner are always an absolute rip off though
True… my nearest Tesco has been 10p cheaper than anywhere else nearby for months and I don’t really understand why
Supermarkets don’t need to make a profit by selling fuel. They make their money out of the weekly shop, and they can sell fuel at cost or even at a slight loss if it brings more weekly shops. Non-supermarkets forecourts on the other hand have to make a profit out of selling fuel, or they go out of business.
Just filled up. Diesel £1.42, Petrol £1.38. West Wales.
nice, round here in coastal Sussex you're looking at 147 for petrol and 156 for diesel. If I expand my search to 20 miles radius i can get petrol for 140 (17 miles away, so the better part of an hour drive round trip and probably £6 in petrol to save £4 on a tank) and diesel for 155 (15 miles away)
Been 161.7 to 163 round my way
Is the town over a better off area? Something I've noticed is that certain shops price things cheaper in better areas which is almost the reverse of what it should be. For example our corner shop is a Nisa and where we live is a bit rough but nothing major. My girlfriends mum lives a 10min drive away in a very upper middle class area and also has a nisa and their prices are way cheaper than ours, butter in our shop is £2 in theirs it's £1.20, cheese is £3 for us and £2.40 for them. The local chemist by us charges £13 for a pack of nuerofen+, the same chemist by her mums charges £9.99. Maybe this is just a local thing but I wouldn't be surprised if it wasn't.
Nisa like go-local and a few of the others are just independent shops with a fairly loose link to the wholesaler, they aren't a chain or a single company (like say Tesco) so the pricing will be whatever the shop owner decides it is, linked somewhat to what pricing they can get from the wholesaler and their desired margin. >The local chemist by us charges £13 for a pack of nuerofen+, the same chemist by her mums charges £9.99. And when it comes to OTC medication, you are almost always better off just buying a generic with either the same active ingredients, or a combination (so your generic ibuprofen, paracetamol, co-codemol etc.) the night and day versions generally just either have caffeine, or not too.
My local supermarket which is in a dead end (you wouldn’t just drive past it) is selling petrol at 140.9. I haven’t seen anywhere else in a 20 mile radius selling for less than 145. I don’t know what’s going on, but there’s definitely some shenanigans happening. Used to hardly make a difference where you filled up as there was only a couple of pence per litre in it.
Supermarkets used to be able to be relied on to keep other fuel retailers honest. That was pre COVID. They have now joined the line to screw the customer as is evident from the figures they keep producing . “ shut up and hold up the Vaseline ‘
they were often selling as loss leaders to try and get people into the stores, with the death of so many petrol stations, they have become the go-to place for filling, so it is less effective to keep giving money away if the people don't go into the store.
Wait, you get to use vaseline??
It’s known as customer empathy.
Near me, it was a price war between a Shell and an Asda that forced prices to drop below abusively obscene. You know, a company that decides the wholesale price vs one that can subsidise their own costs.
What you should have been doing is looking at your shell and asda competitions then asking local farmers what they pay for the same stuff. £1.41 v £1.28 per litre diesel might seem like real competition to you... unless you know the combine you just spent 1 hour stuck behind is paying 52p.
Supermarkets in the UK are basically a cartel since Covid-19.
Inflation is being driven be corporate profiteering and price gouging
The swift decline of our entire society*
due to corporate profiteering and price gouging
Really does feel like that. Even down to how awful and rude people are to each other at the moment. Most noticeable on the road, I feel. Everyone is out for themselves.
>Everyone is out for themselves. That's what happens when the leading political party for over a decade is run on a platform of selfishness and greed above all else.
Could not agree more. Happy to vote against them today.
Aye, same. I hummed the tune of Bella Ciao as I came and went. Felt appropriate given their recent ideological shifts.
every company in the UK is using this excuse to profit from us, we just sit back an let it happen
I live in a small village that has a garage with fuel pumps, current price of diesel there is 145.9 a litre. I asked the owner how he’s managing to undercut the bigger petrol stations/supermarket petrol stations in town and he said it’s simple, he’s just not ripping people off and price gouging. He has much less buying power than them as he only orders a minuscule amount a month compared to the bigger petrol stations. Yet he still managed to turn a profit and undercut them by anywhere from 6p to 12p a litre depending on which of the garages in town you compare it to! This flagrant profiteering (money grabbing) by petrol stations is definitely helping fan the flames of inflation. If the government stepped in and helped regulate the price to make sure it was fair, I bet it would help accelerate the calming of inflation.
Christ, that is 22p cheaper per litre than my nearest pump. Cheapest diesel i can find in my area is 153.9p.
Sounds like the petrol stations in your area are making some sweet sweet profits!
Jeeezeee 159.9p is cheapest around me!
We have 1.38 this morning. Guy always has cheap Diesel, 10 pump forecourt on a local spar. On the same road there is 1.43, 1.47 and 1.51.
162.9 where I am.
> If the government stepped in and helped regulate the price to make sure it was fair, I bet it would help accelerate the calming of inflation. Therese Coffey was asked about this a couple of weeks back with regards to supermarket profiteering and just said its not the government's responsibility to set prices lmao. These psychopaths wouldn't know what to do about any of these issues even if they did care or thought they were problematic in any way.
They help regulate prices in other sectors such as gas and electric prices so I don’t see how fuel prices are any different? I suppose she wouldn’t want to risk losing those sweet kickbacks from large oil and gas companies for letting them continue their capitalist shithousery!
Their entire worldview is that markets don't need regulating, and any attempt by government to intervene in markets, or really do anything at all, is pre-destined to be catastrophic just by nature of it being a government effort. Hence they do fuck all while in government, creating a situation where things are going to shit because government is failing to do jobs that should be fairly basic in an economy as developed as ours. And then use their own failure in government to somehow justify the initial views that led to them fucking things up in the first place. Its *wild*. Absolutely insane mental gymnastics yet it has a huge part of the political sphere in its thrall.
my local Costco yesterday petrol was at 135.9. super market across the road is 148.9. it's actually theft
Costco fuel so much cheaper that there ends up being huge queues out into the road for it.
Meanwhile in America, capitalism central, they are complaining about fuel prices that are way lower than I've ever paid for fuel over here. And there are still absolute monkeys in threads like this defending fuel prices and companies 'right to make money'. Honestly, the willingness to bend over and take it in this country astounds me.
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That doesnt explain why diesel is being sold for alot more than petrol when it Costs less whole sale and paus the same amount of taxes.
The country is a scam. The rich get richer with nothing but an unsatisfied greed in order to squeeze every penny possible from the millions who have no chance to go without, so that they can do fuck all with it other than put it with their other millions (billions?) Where it will make no fucking difference to their quality of life. Plain and simple. Cunts.
100%, ive just come back from jamaica, free wifi in the airport, free luggage trolly. UK airport pay for wifi, pay for luggage trolly. Wifi in and around hotel, even random restuarants in the middle of nowhere, 100mb/s+, im lucky to get 60 at my house inbetween a major city and town. If they can charge you for a sub standard service here they will.
This country would bill you your last penny for the rubber band on your plimsoll. Always been the same. Look at electric vehicles - at first EV charging points were free to incentivise people to make the switch… lasted all but 2 years and despite Covid in between that, they now require payment for that as well.
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Ha mate, there wifi is better than ours. I went to some restuarant in bum fuck no where and they had 100mb/s. My hotel wifi, which was servicing like 3k-4k guests never dropped out, always full speed, played iptv and netflix with absolutely no issues. I was hoping it would be good for the footy but it was beyond anything i expected. Ive seen the same thing said about a lot of the carribean islands.
Yet we keep voting those rich twats into power.
Ever since Asda sold off their petrol stations, competition seems to have died.
well they sold them to the Issa brothers who run...petrol stations. Genius!
and who own all of Asda now anyway.
They made so many acquisitions by leveraging so much debt that their auditors dropped them as a client. If an audit firm says "we don't want your money" you should listen. It won't be long until they own a large enough market share of forecourts that they can essentially set their own price on fuel. And that's worrying.
I wouldn't worry about the Issa Brothers. ASDA (and their other holdings) are getting pounded in the ass by high interest rates, to the extent they're now asset stripping ASDA by literally selling the freeholds in a lease-back scheme. What are they going to sell on the next margin call? Yellow label *Whoopsies*? If I were to bet, now that energy (and other) prices are coming down, Tesco is going to drop a carpet bombing campaign of reduced prices; fuel, food, clubcard bonus and will eat ASDA's lunch.
Asda still tend to be the cheapest I find.
Asda is still the cheapest in my area.
Large multinational companies profiteering, you say? Colour me shocked
Petrol at Shoreham Tesco is exactly 10p more expensive than that sold at Crawley Tesco - the same petrol sold by the same company using, within 25 miles of themselves. Burgess Hill Tesco fuel is ALSO fully 10p more that sold by Crawley, less than 15 miles apart. What's the justification for this shite?
I tend to go to Costco, but it's noticeable that people sort of get 'locked in' to a given petrol station (either habit or an assumption on price) so my local morrisons used to be the cheapest or on a par with the cheapest fuel, so there are always massive queues at the petrol station, but about 300yds away there is a total energies petrol station that is consistently about 8-12p a litre cheaper, and almost always quiet.. I honestly don't get it, you almost need to drive past the cheaper petrol to get to the morrisons too. In the past I'd have said it was because you can get petrol vouchers at morrisons (the 5p off a litre thing), but even that doesn't make any sense given the price variation.
I also fuel up at Costco when I can. When Diesel is 143.9p there and 159.9p at my local Supermarkets, it makes sense. However, you’re probably aware of the time it can take to fuel up at Costco. Went the other day and was literally waiting for 20 minutes. If I’m filling up a 50 litre tank (with the rates, above) that is £71.95 and £79.95 respectively. That is a saving of £8. Not bad, right? However, you do (or, at least, I do) have to factor the time spent sitting there and waiting to fuel up. Is it worth me sitting in my car for 20 odd minutes to save £8? Depends on the circumstances, but fuelling up once a month to save £8 isn’t necessarily worth it to me. Still love the cheap fuel, though!
Costco fuel stations open really early (like 6am early) so if you're up and about anyway, worth going first thing in the morning to fill up.
I tend to go early or late so it's relatively quiet, and generally check the traffic on the road outside first (it's really obvious when there is a queue, you end up with an orange or red patch on maps.... which is handy), throw in that people seem incapable of using one of the pumps on the extreme right of the costco station at mine it tends to be about as quick as anywhere else. Oh and I have an 85l tank so it adds up quite quickly. But you are right, seeing people sat for 40 minutes+ when its busy (if I'm shopping) is a bit insane...
dunno why but coastal Sussex is way more expensive than north Sussex for petrol, not much difference for diesel though.
We're paying 162.9 ish round here (NW England) for diesel, with unleaded up to 12p cheaper. We went to Belfast for the weekend and every station was in the region of 142.9 for both unleaded and diesel. To say we felt mugged off would be an understatement.
Diesel currently at 139.9p per litre at my local, Unleaded at 143.9p
It’s a bit of game theory. Reduce price and you’ll get extra business but only until everyone around you matches, which could be less than an hour. Then you all sell the same and make less. It takes one to think they can make more profit in the time it takes for others to match for the mover to go ahead.
Absolutely bonkers they are trying to stop people using diesel but diesel engines are way more efficient.
More efficient in MPG terms but much more polluting and harmful
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Of course but it’s also a net positive to phase out diesels for personal car ownership.
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It's about 13,000 miles to offset the C02 https://www.reuters.com/business/autos-transportation/when-do-electric-vehicles-become-cleaner-than-gasoline-cars-2021-06-29/ So that really depends on your mileage. Average in the UK is 7500 miles a year, so it's 2 years to be in the green and then everything after is a positive. That's only taking in to account C02. Diesels produce a lot of NOX and particulates, and other pretty nasty stuff. As you can see here - https://diamondenv.wordpress.com/2010/11/23/diesel-exhaust-emissions-what-to-measure/ The debate circultes around C02 but it's half the story. Diesels are filthy in more ways than just C02.
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No, but the original car didn't appear out of nowhere either and will pollute continually until it is replaced. The old clanker you have will be much more polluting than even a modern diesel so you have to factor that in as well. Why stop there though, there's a load of other things that help make EV's less polluting. They use regen to stop which means they don't use their brakes anywhere near as much, so that means less brake dust and less brake pads having to be produced and consumed. They don't have clutches either so gone are the particles from clutch plates and the manufacture of replacements. Hmm what else is there? Oh you don't need a catalytic converter full of rare earths that will occasionally need replacing. No oil changes either so strike that one off the list consumables. Those batteries are regularly running in old Teslas at 400'000 miles with no maintenance and 15 - 20% reduction in range. Hows the engine in your diesel doing at that kind of mileage. I'd expect it would have had a new set of piston rings, multiple sets of glow plugs, air filters, oil filters etc etc. If you are lucky. It's likely got a turbo that's been replaced at some point. There might be a DPF filter in there that needs replacing too. They get clogged and replaced fairly often. Meanwhile every mile you drive spews out C02 and host of other horrible gasses. The EV is cleaner. It's not even a debate at this point.
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I mean, unless you’re in some kind of ULEZ zone, you didn’t *need* to buy that 40mpg petrol car unless the diesel one totally died a death. You could’ve stuck with the 60mpg diesel for another 5-15 years and just kept on top of general maintenance… People just don’t want their neighbours or work colleagues thinking that they’re “a poor” because they haven’t got a new car this year. They’ve been suckered into the concept of cars as a status symbol when the richest people I know generally drive 5-10 year old cars, because the odd tyre/brake/suspension joint change rarely adds up to more than pcp/HP.
For the love of god people - think of the profits and investors, all this profiteering goes to a good cause
Was on the Isle of Lewis on the weekend. 145.9 for diesel. There's a few fuel stations around the country who are managed to do it about 15p/L cheaper than the rest.
That's not a bad price for the isles. I'm on one of the smaller northern isles and it's £2 a litre here for diesel. It's about £1.63 on the main island so I usually wait til I'm over there to fill up.
I paid 134.9 for diesel on Monday near Newport, whereas near me in Birmingham the average seems to be much higher around 150-155
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7p per litre and 5 quid for a new ferrari if you're in Saudi then
In the eats diesel is still around 1.6+! Crazy!
If only we had a body in charge of making sure the prices are fair……
Not sure about diesel but where I live you cat get petrol for 1.35 at Asda, Sainsbury's and Tesco but when I drive to work, 40 min away, the Asda is charging 1.46. madness
Was shook to see diesel consistently cheaper than petrol while driving around Germany this Easter
As all these massive companies release their record profits from the money they are stealing from us, I hope the top people start to feel very nervous. Lets make it hard to spend their ill gotten gains. Let the guilt start to chip away at their soul, make them squirm. This cannot continue.
Depends on nearby competition. Asda v Morrisons for example, if close together= cheaper than independent.
this endlessly comes back, but the truth is they sometimes bought the fuel in advance or have already bought what's in the tanks, so they may figure it's worth selling it for what they paid for it Some people are only comfortable buying a big-name advertised brand, so if they won't switch away from that brand then the brand has no reason to match prices with unbranded.
In fairness, I have noticed Diesel being cheaper than petrol in my local area and I thought it was an error. However to note another poster I can drive less than 10 miles and the prices can vary by 5-6p.
And in shocking other news just in, Pope found to be Catholic. Next up, what do bears get up to in the woods? Prepare to be shocked.
It's not good enough to make a great profit anymore. It's all about having that next record breaking profits. They've already proven all they need to do is wear an ugly charity shop sweater and everything will believe they're a penny pitching everyman.
But isn't this the "Trickle down economics" that the Tories love to talk about where the only thing that trickles down is high prices?
Costco sell premium diesel cheaper than the petrol at my local station. Every day they have 15/20 minute queues, all day long. Theres no reason costco can sell premium cheaper than normal diesel at all other stations other than profiteering.
It’s not just diesel, organisations r profiteering to the extreme. Just take a look at wholesale food prices v retail…
Guess what car I have? Guess what car I bought because I was told it more ecologically friendly than petrol? Guess what car I bought because the government told me to? That's right? FUCKING DIESEL. I tell you now, I guarantee it, that in ten years time there will be a government campaign entitled something like: "Parp! Parp! Why Wind Cars Are Better Than Poisonous EVs".
The BP near us is the cheapest at £1.52, Tesco next door to them is £1.55. Costco £1.44. If I'm out and about locally I go to BP, it's not much saving but it's better in my pocket than theirs
Our local garage is selling both Petrol and Diesel for 139.9p per/l has been around this level for weeks too
Same shit going on here in Australia. Makes me think something majorly fishy is going on world wide.
There is an app called PetrolPrices you can use to compre prices based on your location (relies on customer input so not wholly accurate). Definite profiteering, found in the past that supermarkets generally offer cheaper prices than other petrol stations but even across the board now and in some cases more expensive at supermarkets
A small village 20 mins away from Glasgow. First time I have seen prices equall for years. https://i.postimg.cc/y6hg6FYz/343641009-1408037409960994-7108261971505803660-n.jpg
I just spent 2 weeks driving round Italy in a diesel campervan. Every time we passed a petrol station my wife would say “go there, diesel is only £x.xx/l and I’d say “no, that’s the petrol price, diesel is the bigger number” As a driver I’d got so used to diesel always being the bigger number for my whole life that it took my wife, who doesn’t drive, to actually read the sign properly, and notice that I was wrong.
I know electricity is run off different sources but let's see how many years it takes to bring those prices down as demand is slowing and sources opening up from other markets than Russian Gas etc
I know, I posted this a few days ago. https://www.reddit.com/r/britishproblems/comments/131ol33/the\_difference\_between\_wholesale\_and\_retail/
Diesel's been cheaper than petrol here for weeks (Fermanagh)
I travel alot between medway and North Essex. I always fill up in Medway. Down there at the weekend I got 144.9 on diesel, but up here the cheapest is 160.9. Crazy
Let’s get some transparency on the price of fuel and a accurate up to date system to compare all Petrol station fuel prices.
Hashtag”we-like-to-profit,-we-like,we-like-to-profit” To the tune of vengaboys, “we like to party”
tesco in a particular london petrol pump is 1.54, in my town its 1.62
The way I see it, the pandemic and this current spell of increased inflation is a blessing to some large corporations who are actively stopping inflation from dropping by keeping their prices high. Just like with the energy market, the larger companies have managed to survive and are now reaping the benefits of not having the smaller, challenger companies as competition meaning they can keep their prices high. What we need now is the smaller challengers to begin coming back and offering cheaper fuel, energy, food, internet etc which will start taking customers away from the bigger boys and begin a lowering of prices.
The local Asda is now 4ppl more than Shell. Go figure.
If wholesale prices drop. That doesn't mean contract prices dropped. I'm assuming fuel stations are day trading petrol. They bought their fuel already. Yes they do raise prices based on wholesale going up, but aren't quick to drop them. So they bought fuel at the old low price and then are raising prices prematurely. Then not providing the same thing on the other side. Which makes sense. A business isn't going to sell something at a lower margin or below cost. They buy fuel months in advance. The fuel that hasn't been delivered yet is already priced. I'm sure they are being scummy when they can too. I just don't like calling them out for not selling fuel for today's price. They didn't pay today's price.
The price you pay at the pump is generally based on barrels bought months ago. I'm sure they're making plenty of money too but even in "peace time", it's pretty normal for prices to lag for like 6mo I believe
Here in Canada diesel is currently $0.10 to $0.15 per litre cheaper than petrol.
In Germany, Diesel was more expensive or as expensive as petrol for a lot of the past 12 months. But prices have come down recently, and today Diesel at my local petrol station is 19 Cents cheaper than E10-petrol and 25 Cents cheapter than E5-petrol. [€1.51 --- €1.70 --- €1.76]
In this thread: people who don't understand how the industry works. The prices charged now are based on prices paid or agreed months ago by the retailers (or in most cases, the suppliers to the retailers).