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Good News On The Fuel Front.


Poppy

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11 hours ago, dnks34 said:

Does anyone else remember in recent months (in the last 12 or so) all the hype there was about fuel going back down to £1 a litre?

It lasted how long....i think i made the mistake of blinking. 

Am I allowed to mention a certain 'decision' which has affected the value of Sterling against the US Dollar, the currency which oil is priced in ?

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With that wonderful dollar commodity "crude" petrol, derv, tvo etc account for a very small amount of what it is used in.

When oil goes up so does resins, plastics, paint, pharmaceuticals, heating of food production facilities, cosmetics to name just a few and that is prior to the rise in distribution costs. A rise in oil pushes every thing up with it.

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