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Manx petrol amongst cheapest in British Isles


AcousticallyChallenged

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UK OFT about to start an investigation, I saw yesterday.

Forecourts are making the same margin as previously. Refiners and wholesalers er, aren't, apparently...

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2 hours ago, Cambon said:

Here is a thought. At the beginning of the year, petrol was about 1.45 a litre. It is now 1.84 a litre. 39 P more. The duty break takes 6p off, so in reality the difference is 45P. At the beginning of the year unleaded wholesale price was $2.45. Yesterday's close was $3.45, for 3.8 litres. That is about 20P a litre difference, not 45P. 

Just saying! 

Well £ has fallen 11/12% since start of year & as oil is in $ that adds to higher prices , also costs of refining, transport etc much higher 

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On 7/9/2022 at 7:09 PM, Banker said:

Well £ has fallen 11/12% since start of year & as oil is in $ that adds to higher prices , also costs of refining, transport etc much higher 

I used current exrates in my calcs. 

$3.25 this a.m. 

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5 minutes ago, Cambon said:

Just been away. Gone up a bit more here, where it is falling daily in uk. BP 1.79 in Ambleside yesterday. 

It won’t fall on the island, not for a while. The fuel retailers have total protection from IOMG and CM Cannan, and remember folks, the private sector do all the heavy lifting. 

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7 hours ago, 2112 said:

It won’t fall on the island, not for a while. The fuel retailers have total protection from IOMG and CM Cannan, and remember folks, the private sector do all the heavy lifting. 

They also have massive tanks that hold gallons and gallons of fuel bought at high prices but really tiny tanks for the lower price purchases

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