Fuel Prices

This is where my head starts to spin a bit...France, apparently has 3 months supply of oil within the country...so WTF are they doing increasing prices massively within days of the middle east shenanigans.....

I should imagine that’s (in part at least) the government’s strategic reserve, not the amount held by Total etc etc. Similarly, some part might well have been brought forward, ie. for delivery in May, June and July, which all counts to a three month reserve…. Assuming it turns up.

All governments don’t mind a bit of a fuel price hike, as it produces an increased tax revenue. They can turn their eye away from the inflationary aspect it brings.
 
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This is where my head starts to spin a bit...France, apparently has 3 months supply of oil within the country...so WTF are they doing increasing prices massively within days of the middle east shenanigans.....
Don't worry, France paid Iran a $2m toll to get a tanker through the straight so should be delivered to France in a few weeks (y) (y)
 
Could depend who owns the oil reserves, plus what kind of oil ? Also many countries including France rely on fuel imports rather than refining it themselves so are reliant on fuel production and demand elsewhere. It's noticeable that the price of diesel in France has rocketed past that of petrol by quite a margin which also might highlight refinery issues?
I have never seen diesel more expensive than petrol in Portugal! It is now, bit of a mind fuck for all and as a result traffic that was already sparse, is even more so!
It is all crooked though, the whole dam lot of it.
 
A mate just sent me this , refuelling in Holland today !

View attachment 493239

A tad expensive !!

If you can be arsed , the 1-2-3 Fuel app is quite good , giving you instant prices at petrol stations in France , Germany, Spain, Portugal and Italy .

Used it on and off for a good while .

Might be worth a look whilst prices are a tad erratic.
That's all in foreign so I have no idea what it means
 
My usual local garage £158.99, down 1p since Monday.
Saying that a little garage near Lytham yesterday was £152.99
 


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