- Thread starter DAPPH
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Wonder where we will be in the spring then.... I bought just enough oil at 76ppl to get through to then and leave me with a reserve if prices plummeted for some reason. Just interesting that as we get to the colder months when prices traditionally shoot up, they seem to be coming down slightly. Shame pump diesel isnt doing the same. We are stuck at 185.9ppl round here with a brief period where it dropped as low as 172.9 (and once upon a time I cursed seeing anything over 130ppl.... if only!!)
8ob
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prepman
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20p/ltr seems like another lifetime, pre-war? 2 years ago
DAPPH
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Read earlier today that global oil prices have fallen due to people not using it . The Arab states want your money ASAP so at the end of November they will have a summit to set the production quotas and base prices to their advantage once again..
Get the oil while you can perhaps ?
Russia is rumoured to have asked Arab states in cahoots with them for a review this week .... a fortnight earlier than planned so they can also jump on the band wagon and sell Russian oil at a higher price to their " friends ".
As they too are desperate for any revenue for some reason.
Get the oil while you can perhaps ?
Russia is rumoured to have asked Arab states in cahoots with them for a review this week .... a fortnight earlier than planned so they can also jump on the band wagon and sell Russian oil at a higher price to their " friends ".
As they too are desperate for any revenue for some reason.
DAPPH
as dyslexik as I'm daft
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We are a totally captive customer base Fizzy with very little choice of supplier, so they hammer whatever they can get us to pay.It could just be down to the fact that the local suppliers have bigger tanks and are slower to react to market forces - and as they have a pretty captive market with not much competition they can make far more money by reaction slower.
With the price difference I could afford to ship some empty IBCs to Darford - get them filled and shipped back here - nuts
Due to their negotiated contracts to supply small suppliers , costs will be far higher from the refineries than the big boys who buy millions & millions of litres of fuel every month off them . These big boys only have to hint to a refinery group that they will buy elsewhere and all kind of sweetner prices will be forth coming PDQ.
addjunkie
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Possibly but OPEC countries are not the big influence they used to be due to the now large number of other producersRead earlier today that global oil prices have fallen due to people not using it . The Arab states want your money ASAP so at th end of November they will have a summit to set the production quotas and base prices to their advantage once again..
Get the oil while you can prerhaps ?
Russia is rumoured to have asked Arab states in cahoots with them for a review this week a fortnight earlier than planned so they can also jump on the band wagon and sell Russian oil at a higher price to their " friends ".
addjunkie
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I use Carrs Billington Hexham, they deliver for boiler juice.
Gareth J
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With the cost of electric now, do they still stack up? IIRC, pre Ukraine, GSHP used to outcompete oil and almost, but not quite, gas. I've not done the maths but now I suspect it might be the other way around now.
With all energy at the costs it is now though, insulation has never looked such a good investment!
Kayos
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In a way I'm lucky, I can get PV and the heat pump installed cheaper than most
I also spoke to a chap who is part of BEIS, the government is actively working to decouple electricity prices from gas prices, however (not getting political) the free market means it is expected to take 2-3 years
8ob
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Thats the drum I would beat, energy costs will never return to where they were. Ticks the most boxes on climate change and plugs the wallet drain.
Bob
Gareth J
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Not quite sure how to interpret this. Are you saying that, unless you can get an installation cheaper than market rates, then, no, they aren't competitive?
I've not used any oil on my house since the Rayburn went in. Its free wood keeping me warm now!
Interestingly, boiler juice prices today are pretty much the cheapest i have seen all year here. 73.9ppl which is cheaper than my September fill up. Still not cheap though. The mild weather and people not buying will be helping i expect.
Interestingly, boiler juice prices today are pretty much the cheapest i have seen all year here. 73.9ppl which is cheaper than my September fill up. Still not cheap though. The mild weather and people not buying will be helping i expect.
