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Author Topic: Fuel Prices  (Read 1763 times)
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neil-yaj396
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« on: 02 March, 2011, 07:30:55 PM »

Anyone taking any bets on how much fuel will cost by mid summer? My money is on 1.50 per litre for unleaded petrol (more for the super I feed to the Beta!). All in all very bad news for the hobby we all love. I try to aim for two club events a year, but this might well be affected by how much petrol costs come summer. Fuel costs didn't even come into the equation up until a couple of years ago.
I think LMC events might be hit disproportionately because we are so polarized with plenty of action in the South, West, North East & Scotland but pretty much nothing elsewhere. I'm going to the GNW in a couple of weeks but even that is a fair old hike from West Yorkshire (though hats off to those of you coming from all corners).
Can't really see where this is going other than there being a proper world recession and oil prices taking another big dive? I particularly can't see the government cutting road fuel duty as some are asking for.
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1979 1300 Beta Coupe, 2014 Ypsilon 1.2 S Series Momo
peterbaker
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« Reply #1 on: 02 March, 2011, 08:19:03 PM »

It can go one of two ways and the future stabilisation in the price of oil depends on American and European combined intervention. If major suppliers, Saudi and Iran get drawn into the 'Berlin Wall' analogy currently taking place the West will suffer as oil supply is further threatened. To this can be added speculation where individuals invest in rising prices and store, then release on a falling market. In my view either America, with the help of the European Union step in and wave the big stick or stay away completely. Fuel at current prices could, in twelve months time seem cheap. Of course, if you are a green thinking person you will hope for 200 dollars a barrel, resulting in less car journeys, reduced Co2 etc and so on. Regarding LMC events, continued disruption may add 30/50 to a weekend in fuel, but other associated costs such as hotels charges may fall. Its not the end of the world.
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1961 Lancia Flavia 1.5 Berlina. 2005 Lancia Ypsilon. 1954 Daimler Conquest. 2003 MG ZT-T 135. 1998 SAAB 9-3 Conv.
sparehead3
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« Reply #2 on: 03 March, 2011, 12:32:18 PM »

At around 5miles / litre and 1.50 per litre it's easy to work things out. It means that (say) Brooklands (220 miles) is going to cost around 66 in fuel.

So my usual 'test' run of may cost around 6.

It's not the end of the world , but it is something to consider. However, I can always half the fuel bills by going with someone else Shocked)
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Steve Pilgrim
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lancialulu
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« Reply #3 on: 03 March, 2011, 01:07:22 PM »

This is very of the moment. I was thinking of buying a car in Devon but going all that way from Colchester has put me off!!!.

Tim
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peterbaker
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« Reply #4 on: 03 March, 2011, 02:53:57 PM »

I wanted to drive to Geneva, approx 1200 mile from home and back at 42mpg and approx 18 per hundred miles so 200 plus ferry etc. Flight from East Midland return 106, distance from home forty six miles and car parking for three days 13.99. Show entrance direct from airport terminal. Im flying! 
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1961 Lancia Flavia 1.5 Berlina. 2005 Lancia Ypsilon. 1954 Daimler Conquest. 2003 MG ZT-T 135. 1998 SAAB 9-3 Conv.
fay66
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« Reply #5 on: 03 March, 2011, 04:12:41 PM »

This is very of the moment. I was thinking of buying a car in Devon but going all that way from Colchester has put me off!!!.

Tim

Another one Shocked

Brian
8227 Cool
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thecolonel
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« Reply #6 on: 03 March, 2011, 07:43:32 PM »

I walked to the shops today and it's almost 500 yards.
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sparehead3
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« Reply #7 on: 04 March, 2011, 12:36:14 PM »

how far is a yard these days ?
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Steve Pilgrim
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1993 Delta HF integrale Evo II (Hammond's Icon - No.4)

http://www.lanciadb.co.uk/
thecolonel
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« Reply #8 on: 04 March, 2011, 01:29:27 PM »

approximately 36 inches in old money
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peterbaker
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« Reply #9 on: 04 March, 2011, 02:33:28 PM »

In 1961 the BBC entered a taxi on the Monte Carlo Rally as a publicity stunt. The meter was showing 42.13s.6d when they arrived in Monaco. As they started from Glasgow that seems good value, but I leave it to someone to divide the fare into two thousand four hundred kms. For more read 'La Mini au Rallye Monte Carlo 1959-1997.
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1961 Lancia Flavia 1.5 Berlina. 2005 Lancia Ypsilon. 1954 Daimler Conquest. 2003 MG ZT-T 135. 1998 SAAB 9-3 Conv.
fay66
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« Reply #10 on: 04 March, 2011, 03:19:59 PM »

approximately 36 inches in old money
exactly 36 inches in old money Grin

Brian
8227 Cool
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Own 1966 Fulvia 2C Berlina since 1997, back on road 11-1999.Known as "Fay"
1999 Suzuki Wagon R+ GL, now my daughters
2006 Renault Megane 1 5 Dci Sports Tourer
Dedra Technical Adviser
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