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Diesel to rise to

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Old 03-31-2008, 10:47 AM
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Default Diesel to rise to

http://www.whatcar.com/news-article.aspx?NA=231993

[QUOTE]Diesel prices could rise by up to 50% if proposals by the merchant shipping industry to switch to the fuel are approved.

That could push prices at the pump up to
Old 03-31-2008, 10:55 AM
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WTF, i'm going to buy some coal, and a cart will end up like steptoe and son
Old 03-31-2008, 10:57 AM
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Hmm, something tells me it won't quite happen like that. The article is suggesting it will happen overnight. I'd bet it will be phased, and thus supply could keep up.
Old 03-31-2008, 11:00 AM
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I'm sure the article is up to the usual standard of motoring journalism, but it is a lovely thought nevertheless.
Old 03-31-2008, 11:02 AM
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Get the sports cars in now lads. Our hobby is doomed in its current state.

Old 03-31-2008, 11:04 AM
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In 20 years time when this is fully implemented the price may well be 230p - I doubt that petrol will be much less.
Old 03-31-2008, 11:18 AM
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Originally Posted by lovegroova,Mar 31 2008, 06:47 PM
I'd laugh for days if this happened...
Why?

It means the price of a barrel of oil would (potentially) soar.

Petrol comes from these barrels of oil as well so both prices would rise.

Incidentally, why is diesel more expensive than petrol? I always thought that diesel was more "primitive", i.e. the oil needs less "work" done to it to make it into diesel than petrol which needs more "work", refining etc...
Old 03-31-2008, 12:51 PM
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Originally Posted by Dracoro,Mar 31 2008, 08:18 PM
Why?

It means the price of a barrel of oil would (potentially) soar.

Petrol comes from these barrels of oil as well so both prices would rise.

Incidentally, why is diesel more expensive than petrol? I always thought that diesel was more "primitive", i.e. the oil needs less "work" done to it to make it into diesel than petrol which needs more "work", refining etc...
You've almost answered your own question.

It's to do with supply and demand. There is only so much capacity for refining diesel. As demand has risen in recent years, the price has risen accordingly. If demand increases massively overnight with all merchant shipping using it, then the price will rise. This will affect diesel and not petrol. The fuel shipping currently uses is refined from the same crude, so the price of a barrel of crude won't increase but the price of specific fuels will.

I'd laugh cos I fecking hate diesels.
Old 03-31-2008, 01:07 PM
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my Dad just sold his canal boat. good timing since canal boat diesel was half the price of car diesel but very soon the benefit is being lifted and it will be car prices for canal boats too.. not that this will impact things but a trend..
Old 03-31-2008, 02:49 PM
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Originally Posted by lovegroova,Mar 31 2008, 06:47 PM
I'd laugh for days if this happened...
And the price of groceries goes through the roof because the trucks use diesel - what's funny about that?


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