$44 per barrel - 4 year low

Dave_Snelson

Dave_Snelson

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16 Oct 2001
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Porthmadog / Port Leucate
www.makeyourowngarments.com
OK, so now we have oil at 1/3 of what it was 6 months ago, what's going with diesel - apart from the obvious...

Road price of petrol down (but not low enough) to 88.9p and diesel 103.9p. I don't buy diesel at the marina pumps, so for you guys that do, have you noticed the difference yet?
 
According to my figures when Oil was $37 a barrel petrol was 81.8ppl and diesel 82.8ppl this was May 04. When oil was $51 a barrel petrol was 85.6ppl and diesel 89.7ppl. That was May 05.

I guess the difference is all down to how we have been stuffed with extra fuel duty in the intervening years. I don't think the exchange rate has anything to do with it as it is now around 1.42 and from memory back then it was always around 1.5.
 
I am expecting to pay the same for red with 60% duty next year as I paid for red with no duty this year.

I paid 76p in Yarnouth IOW pre duty increase and the cheapest so far in the solent post duty I understand is 78p. Once the 78p supply has gone it should now fall to 65p /forums/images/graemlins/smile.gif

I have herd of an increase in boat sales, Rob recently sold his boat within weeks for a higher than expected price.

Perhaps Gludy was right and Boat prices are directly affected by fuel prices even though very few use any in the summer never mind now.
 
How can gludy have been right? He predicted the demise of the mobo market due to rising fuel prices. What we have is falling fuel prices and the mobo market is still in decline. Some of us always said that the mobo market was driven more by the state of the economy than the price of fuel
 
I was one that argued till blue in the face that fuel cost was almost unrelated to boat prices.

The boat market fell 18 months ago as fuel cost increased as Gludy predicted.

Now fuel costs are lower the market is showing signs of improvement.(Robs quick sale).

I know we need more time to see, next spring will be the tell.

EDIT

I only suggested Gludy might be right (from early indicators), lets face it he was a clever person so his input should not be discounted completely.

My personal opinion is the boat market is more dependant on weather during school holidays.
If families enjoy their charter, own boat they want to buy a bigger boat.
How many of us get back after a rough wet trip and dont think about selling ?
 
Got to be honest here, I think that my realistic pricing was more of a factor than the supposed change in the market...

I carried out a market survey of available boats which were the same year and spec as mine and placed mine at a price which would draw the interest........

I was happy so was the buyer,and there was one unhapy chappy that was a day too late in raising the funds,very unhappy!
 
Spoil sport, if we cant argue over this , now what ?
Will some one start a Col reg thread or suggest the modern more manoeuvrable sail craft should give way to power thread /forums/images/graemlins/grin.gif
 
Yup, I think I peed at least one fellow forumite off!
seems he has the same boat up for sale for the last 12 month.

NOTE TO ELLESAR, pm your email details and I'll pass on the detail of the very disapointed prospect,you will need to adjust your price though.
 
[ QUOTE ]
Now fuel costs are lower the market is showing signs of improvement

[/ QUOTE ]

Let's hope so but I'm not confident. There'll be an extra 1 million peeps on the dole this time next year and the country will be in an even bigger mess than it is now
 
[ QUOTE ]
[ QUOTE ]
Now fuel costs are lower the market is showing signs of improvement

[/ QUOTE ]

Let's hope so but I'm not confident. There'll be an extra 1 million peeps on the dole this time next year and the country will be in an even bigger mess than it is now

[/ QUOTE ]



Do I understand, that because 1 person sold his boat quickly, by his own admission cheaply, that this is supposed to be a an indication that the market is picking up, if so I am afraid I do not understand the logic.
 
capsco, that was DAKA's proposition not mine. Of course, 1 quick sale doesn't indicate the health of the market. IMHO and as I said, I think it's going to be worse next year
 
[ QUOTE ]
DAKA's proposition

[/ QUOTE ]

Even thats a bit strong, it was just a suggested possibility , only mentioned as it was consistent with Gludy's prediction.
Which I strongly disagreed with, if it looks like I am wrong I am always quick to apologise......dont think I am wrong yet but the indicators are in Gludys favour.
 
Sold cheaply?
Not in my opinion at all.....
Given the market in current conditions I think it was very realistic, and sold at 4k more than a very well known broker suggested I might expect to get.
So there, nah nah nah nah nah.
 
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