Petroleum Prices Set Records in 2011
Nice article about a trend that's getting surprisingly little press attention.
Nice article about a trend that's getting surprisingly little press attention.
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Petroleum Prices Set Records in 2011
- Thread starter Robert.Boston
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- Energy Environment Policy
Mycroft
Life happens
And over here too: http://www.speedlimit.org.uk/petrolprices.html
I extrapolated for the typical life of a car...
I extrapolated for the typical life of a car...
SByer
'08 #383
Updated with some new data to take it back to 1980 (I could actually now go back to 1907 but it would take all weekend). Hopefully this answers the questions.
Retail Price Index is one measure of inflation or buying power in the UK.
As you can see, until 2000 the cost of petrol effectively fell in real terms but has since climbed steeply.
Retail Price Index is one measure of inflation or buying power in the UK.
As you can see, until 2000 the cost of petrol effectively fell in real terms but has since climbed steeply.
Mycroft
Life happens
Peak oil, peak oil! :scared: We'll be able to say that we saw it here first.
Seriously though, with China and India rapidly moving from the 3rd world into the 1st world with their billions of population, petrol price has nowhere to go but straight up!
The EV (and solar power) future's so bright, I've got to wear shades!
Yeah this started as an excercise to see how much the Ampera might save over its life (assuming things like job location stays the same, etc). These are my circumstances:
For comparison I did the same with a Prius MPG:
The 9% for electricity inflation has been pretty constant for a decade.
So with UK petrol prices, I don't know why Vauxhall (or others) aren't making a bigger deal out of the possible savings. This would be a big selling point for GM across Europe.
| Current motorway MPG | 32 | |||
| Commuting miles per annum | 14136 | |||
| Gallons used per annum | 441.75 | |||
| kWh to fill EV battery | 11.8 | |||
| Miles of EV range | 35 | |||
| kWh per mile | 0.337 | |||
| Annual electricity inflation | 9% | |||
| Year | Cost (p/l) | Cost (£/G) | Cost p.a. | EV cost |
| 2012 | 130 | £ 5.91 | £ 2,611 | £ 262 |
| 2013 | 130 | £ 5.91 | £ 2,611 | £ 286 |
| 2014 | 140 | £ 6.36 | £ 2,811 | £ 311 |
| 2015 | 146 | £ 6.64 | £ 2,932 | £ 339 |
| 2016 | 155 | £ 7.05 | £ 3,113 | £ 370 |
| 2017 | 164 | £ 7.46 | £ 3,293 | £ 403 |
| 2018 | 173 | £ 7.86 | £ 3,474 | £ 440 |
| 2019 | 182 | £ 8.27 | £ 3,655 | £ 479 |
| 2020 | 192 | £ 8.73 | £ 3,856 | £ 522 |
| 2021 | 202 | £ 9.18 | £ 4,056 | £ 569 |
| 2022 | 213 | £ 9.68 | £ 4,277 | £ 621 |
| 2023 | 223 | £ 10.14 | £ 4,478 | £ 676 |
| 2024 | 235 | £ 10.68 | £ 4,719 | £ 737 |
| 2025 | 248 | £ 11.27 | £ 4,980 | £ 804 |
| £50,865 | £ 6,820 | |||
| Saving | £44,045 |
For comparison I did the same with a Prius MPG:
| Current motorway MPG | 60 | |||
| Commuting miles per annum | 14136 | |||
| Gallons used per annum | 235.6 | |||
| kWh to fill EV battery | 11.8 | |||
| Miles of EV range | 35 | |||
| kWh per mile | 0.337 | |||
| Annual electricity inflation | 9% | |||
| Year | Cost (p/l) | Cost (£/G) | Cost p.a. | EV cost |
| 2012 | 130 | £ 5.91 | £ 1,392 | £ 262 |
| 2013 | 130 | £ 5.91 | £ 1,392 | £ 286 |
| 2014 | 140 | £ 6.36 | £ 1,499 | £ 311 |
| 2015 | 146 | £ 6.64 | £ 1,564 | £ 339 |
| 2016 | 155 | £ 7.05 | £ 1,660 | £ 370 |
| 2017 | 164 | £ 7.46 | £ 1,756 | £ 403 |
| 2018 | 173 | £ 7.86 | £ 1,853 | £ 440 |
| 2019 | 182 | £ 8.27 | £ 1,949 | £ 479 |
| 2020 | 192 | £ 8.73 | £ 2,056 | £ 522 |
| 2021 | 202 | £ 9.18 | £ 2,163 | £ 569 |
| 2022 | 213 | £ 9.68 | £ 2,281 | £ 621 |
| 2023 | 223 | £ 10.14 | £ 2,388 | £ 676 |
| 2024 | 235 | £ 10.68 | £ 2,517 | £ 737 |
| 2025 | 248 | £ 11.27 | £ 2,656 | £ 804 |
| £27,128 | £ 6,820 | |||
| Saving | £20,308 |
The 9% for electricity inflation has been pretty constant for a decade.
So with UK petrol prices, I don't know why Vauxhall (or others) aren't making a bigger deal out of the possible savings. This would be a big selling point for GM across Europe.
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