Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

UK supermarkets cut fuel Prices

  • 22-07-2008 4:20am
    #1
    [Deleted User]
    Posts: 31,118 ✭✭✭✭


    http://news.bbc.co.uk/1/hi/business/7518516.stm

    Retailers Asda, Morrisons and Sainsbury's have all said they will lower the price of petrol, prompted by falling oil prices.
    Asda said it would cut the price of unleaded petrol and diesel by 3p per litre and soon after, Morrisons said it would cut both prices by 4p.
    Sainsbury's said petrol would be 5p cheaper, but only for customers who spend £50 or more. While oil prices rose at the start of the week, they have fallen recently.

    Surly this is just marketing as the [crude] oil price that we see in the headlines is for oil delivered to refinaries in a couple of months (I believe) time?

    If that's the case then prices will peak at the end of august! before falling back a bit but still higher than today.
    Is my theory correct???


Comments

  • #2
    Alun
    Registered Users, Registered Users 2 Posts: 21,499 ✭✭✭✭Alun


    Also a publicity stunt / lost leader excercise. Remember, they probably make vastly more money from the people who shop in their supermarkets before/after filling up than they ever will from petrol sales.


Advertisement