NY
2022-08-23 09:16:29 UTC
I'm old enough to remember when diesel was about half the price of
petrol, back in the days when only taxis and a few Mercedes cars (and
obviously lorries) used it.
That changed when the fuel duty of diesel was raised to the same amount
as for petrol.
But even then, diesel was usually a few pence per litre cheaper than
petrol. It has steadily increased (relative to petrol) since then, and
has been a few pence more than petrol for a long time. The difference
has increased dramatically as a result of the recent silly season for
fuel prices, but I imagine the disparity will gradually lessen as prices
start to return to their previous level.
But what governs the cost of diesel relative to petrol? Is the cost of
production more, less or the same for both? Is diesel more expensive
because less is made, as people change back to petrol cars (eg
petrol-electric hybrids)? Does the price vary depending on the time of
year, because more central heating oil is made in winter, and diesel and
CH oil are a similar fraction of crude oil? Does a unit volume of crude
oil yield roughly the same amount of petrol and diesel?
I wonder how long it will be before a diesel car is actually more
expensive to run than a petrol one, because the extra per-litre cost of
the fuel outweighs the much better mpg of diesel.
petrol, back in the days when only taxis and a few Mercedes cars (and
obviously lorries) used it.
That changed when the fuel duty of diesel was raised to the same amount
as for petrol.
But even then, diesel was usually a few pence per litre cheaper than
petrol. It has steadily increased (relative to petrol) since then, and
has been a few pence more than petrol for a long time. The difference
has increased dramatically as a result of the recent silly season for
fuel prices, but I imagine the disparity will gradually lessen as prices
start to return to their previous level.
But what governs the cost of diesel relative to petrol? Is the cost of
production more, less or the same for both? Is diesel more expensive
because less is made, as people change back to petrol cars (eg
petrol-electric hybrids)? Does the price vary depending on the time of
year, because more central heating oil is made in winter, and diesel and
CH oil are a similar fraction of crude oil? Does a unit volume of crude
oil yield roughly the same amount of petrol and diesel?
I wonder how long it will be before a diesel car is actually more
expensive to run than a petrol one, because the extra per-litre cost of
the fuel outweighs the much better mpg of diesel.