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Car Prices

Minivanman
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Re: Car Prices

What 'many' would that be?

Not the majority I'd wager even for those being leased or whatever. 

rEUnite
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Re: Car Prices


@Minivanman wrote:

Anybody remember that car share wheeze. What happened to that idea which... well never happened.


On the contrary. It did happen and is still happening. Admittedly it seems to have been limited to London and some other larger centres of population, but I guess that’s understandable. Looks like there are six main car share companies, and some are certainly beginning to focus on electric cars:

https://www.nextgreencar.com/car-clubs/

 

RobPN
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Re: Car Prices

According to this interesting (IMO) article, for some, and affecting maybe all of us, things are going to get worse before they get, err, worse.

(ESC key trick required)

Stranded fossil states are the next traumatic chapter of the great energy shift

Minivanman
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Re: Car Prices

@RobPN 

Interesting link (and thanks for the ESC key trick reminder) - as the article  quotes, 'the world still looks more or less as it always was, so it is hard for people to believe that tomorrow is going to be completely different. But things are moving incredible speed'. but to be honest I for one will not be sorry to tell those middle east countries exactly where they can shove their oil which in case anybody is wondering, also includes a camel.

Hard if not impossible for some to imagine a world without not only petrol and diesel cars, but hopefully one with a lot less of them when we finally go all electric.

The times really are a changin, and fast.

 

  

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Re: Car Prices

So oil producing countries will have to lower the price, so what does that mean for prices at the pump ?

VileReynard
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Re: Car Prices

It still means trouble for Brexit.

Oil is priced in US dollars and the £/$ exchange rate has made oil more expensive for UK than it needs be.

Of course most of the price of petrol is duty so the price of oil doesn't matter if you are only interested in the price of petrol.

"In The Beginning Was The Word, And The Word Was Aardvark."

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Re: Car Prices

@VileReynard 

Got that.....but I guess the oil will be worth less dollars, even more so as America also has oil fields will that in turn me cheaper fuel here along with other oil based products ?

VileReynard
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Re: Car Prices

If you have dollar assets, these will be worth more (in £'s).

If you are using £'s to buy $'s then it will cost you more due to the poor exchange rate.

This will apply to all oil based products.

"In The Beginning Was The Word, And The Word Was Aardvark."

Minivanman
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Re: Car Prices

We might be turning away from oil to drive our cars but I think we are still a long way from turning away from oil based products. Even so transport uses by far the lions share of oil at around 70% and around 10% for jet fuel. 

If transport don't need it then they'll not be able to give the oil away - and even if they did give it away, in a few short years time you'd have nowhere to use it other than for industry and non-energy uses. 

One years production of oil worldwide amounting to 100 million barrels.... still not sold to the man at the back! 

First they came for the coal mines in Britain, then they came for the oil wells in Saudi Arabia. 

 

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Re: Car Prices

And yet coal prices have shot up to meet demand for people with "wood" burning stoves, and they decide to throw coal on them instead...

rEUnite
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Re: Car Prices


@Minivanman wrote:

If transport don't need it then they'll not be able to give the oil away - and even if they did give it away, in a few short years time you'd have nowhere to use it other than for industry and non-energy uses. 


Those ‘industry and non-energy uses’ are potentially huge, especially with the development of Crude Oil to Chemicals within the chemical industry. 

https://chemweek.com/CW/Document/107708/Crude-oiltochemicals-A-game-changer-for-the-chemical-industr...

(No need to share any ways of avoiding payment to read this)

Minivanman
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Re: Car Prices

@twocvbloke 

Not sure why coal prices would go up if demand is higher unless there is a shortage of the stuff. As for putting coal on a wood burner well that's OK as an option I suppose, but around here there is no shortage of wood and even less so later now they have started cutting down more ash trees because of that parasite.

Not all wood burners are able to burn coal and unfortunately or not, mine is one of them. 

Do you have a source about rising coal prices.... not that I'll be buying some anytime soon. 😃

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Re: Car Prices


@Minivanman wrote:

Not sure why coal prices would go up if demand is higher unless there is a shortage of the stuff.


 

Stuff happened between the 70s and 90s where coal mines shut cos being a labouring type was bad for conservative business, so less coal mines, less coal, less coal, more uptake on gas & electric heating, less demand for coal, some time passes & mines dwindle to hardly anything, upsurge in people using stoves for home heating, suddenly there's not enough coal, demand goes up, price goes up, simple economics really... 🤣

 

As for sources, please refer to your local coal merchant for more information, suffice to say, 4x sacks of the stuff back in 2012 was almost £40 to throw in the open coal fire in the previous house, not cheap in the slightest (and utterly useless for heating cos most of the heat went up the spout!!)...

VileReynard
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Re: Car Prices


@twocvbloke wrote:

As for sources, please refer to your local coal merchant for more information, suffice to say, 4x sacks of the stuff back in 2012 was almost £40 to throw in the open coal fire in the previous house, not cheap in the slightest (and utterly useless for heating cos most of the heat went up the spout!!)...


Coal currently 75$/ton - that's about £57/tonne 😀

https://tradingeconomics.com/commodity/coal 

Not sure what the minimum quantity is though...

"In The Beginning Was The Word, And The Word Was Aardvark."

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Re: Car Prices

@VileReynard 

So if it's £57 a Ton and there are 20 cwt to a ton a bag of coal is less than £ 3.......

Perhaps we should all be burning coal......

Can't remember how long a bag of coal lasts assuming you keep the fire going during waking hours....add bonus for some was hot water if you had a back boiler.