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Where do you think fuel prices will be in a year

Discussion in 'General car Chat' started by obi_waynne, 15 June 2017.

  1. obi_waynne

    obi_waynne Administrator Staff Member Moderator

    Messages:
    40,692
    From:
    Deal, Kent UK
    Car:
    A3 2.0 TDI
    What are your thoughts on the fuel prices? What will it be like in a years time?

    I think we should see it coming down as more efficient vehicles come on the roads, and the pound will improve against the dollar taking down the barrel of oil cost in real terms.
     
  2. Lunchmoney

    Lunchmoney Torque Master

    Messages:
    868
    From:
    Poole
    Car:
    '98 JDM Impreza STI
    Fuel prices (in my area for Tesco Momentum99) is currently £1.229.
    At this time in 2016 it was £1.119 a litre.
    2015 £1.115
    2014 £1.349!!

    Yeah I keep a thing...

    So with my mighty stats I predict 2018 it will be £1.20 ish
     
    obi_waynne likes this.
  3. obi_waynne

    obi_waynne Administrator Staff Member Moderator

    Messages:
    40,692
    From:
    Deal, Kent UK
    Car:
    A3 2.0 TDI
    I love the scientific approach to your answer. :)
     
    Lunchmoney likes this.
  4. KAR120C

    KAR120C Full member

    Messages:
    13
    From:
    Chippenham, Wiltshire
    Car:
    Caterham 7 Vx C20XE
    Unleaded currently £1.15 at Morrisons in Chippenham I believe.
     
  5. obi_waynne

    obi_waynne Administrator Staff Member Moderator

    Messages:
    40,692
    From:
    Deal, Kent UK
    Car:
    A3 2.0 TDI
    We always seem to pay 5p more for fuel down here in the South or 10p or more if you are using a motorway service station.
     
  6. Lunchmoney

    Lunchmoney Torque Master

    Messages:
    868
    From:
    Poole
    Car:
    '98 JDM Impreza STI
    It's 6 months later, let's have a look at things for mid Dec :)

    Again this is Tesco Momentum99 fuel, the only fuel I use, and mostly filling up at the same station near me in Bournemouth, though there are one or two from travels around the UK.
    Dec 2014 £1.109
    Dec 2015 £1.049
    Dec 2016 £1.199
    Dec 2017 £1.229

    So much variation over the course of the year.
    Here's an average:
    2014 £1.276
    2015 £1.132
    2016 £1.145
    2017 £1.177 (caveat - I've still got 2 receipts to add into my spreadsheet, but I cant see the numbers changing that much. They are at home, I'm at work, spreadsheet on a cloud drive; I'll add them in later and if it changes I'll amend the post.)
     
  7. TCJBOLDIE

    TCJBOLDIE Torque King

    Messages:
    4,186
    From:
    Brisbane
    Car:
    JB Starion
    We need to remember the oil producers have all of us over a barrel.:)
     
  8. Aerial Andy944

    Aerial Andy944 The Torque Meister

    Messages:
    1,687
    From:
    Sunny South Somerset UK
    Car:
    VW Golf GT TDi 200
    Fuel goes up, then down a bit, then back up. They've been pumping out the same old story for years :rolleyes: (that's all I have, not had much sleep B))
     
  9. Lunchmoney

    Lunchmoney Torque Master

    Messages:
    868
    From:
    Poole
    Car:
    '98 JDM Impreza STI
    Fuel prices in the news this morning!
    14 May 2013 M99 fuel was £1.369
    May 2014 £1.329
    May 2015 £1.114 A massive drop
    May 2016 £1.109 this year was in the news for being the lowest in recent year. Woo, a ha'penny cheaper! :lol:
    May 2017 £1.209
    May 2018 £1.279
     
  10. TCJBOLDIE

    TCJBOLDIE Torque King

    Messages:
    4,186
    From:
    Brisbane
    Car:
    JB Starion
    The prices over here in Oz bear no relation to the barrel prices. IMO the fuel companies are charging what they think they can get away with.:mad:
    I have seen prices vary by more than 10 cents per litre from the same brand depending on their location.
     
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