From: "Biofuels" <[EMAIL PROTECTED]> Subject: Re: petrodiesel price in uk
UK barrel is 205 liters - 45 UK not US gallons. *terry, a 'barrel' is a universal quantity of oil (petroleum), like when your read 'production in saudi arabia dropped by 500,000 barrels a day'. it has always been, and still is : 42 us gallons / 39.47 uk gallons / 0.159 m^3. *the 'barrel' you refer to, which i would call 'drum', used to be 54 us gallons (0.204 m^3), but now is generally filled with 55 us gallons (0.208 m^3) Petrodiesel is not crude oil *quite agree. the point i tried to make was that a barrel of oil has 159 liters. and that at 0.18 pence a liter you mention, that would mean 28.62 pounds per barrel. which is darn close to the spot price for oil. meaning that whoever refined the oil, stored it, and transported it to its final destination must be very, very good and efficient, much more so than exxon, shell, and the lot. 18p per liter is the price a garage (filling station) has to pay the supplier, before he (or she) adds around 4p profit, making it 22p. Add 45.82p fuel tax equals a rounded 68p. Multiply that by 17.5% VAT (a tax on a tax) equals 79.9p which is the average price you pay at the pump in the UK at the present. *which again coincides with my statement to the effect that in the uk petrodiesel at the pump was close to one u$s a liter (roughly 80 pence). *and if you compare this (80 pence) to the rapeseed oil price you quoted (was it 26 pence ?), i would say that svo compares favorably with petrodiesel in the uk. that i know off, rapeseed oil does not pay 45.82 pence fuel tax, and therein lies the tremendous advantage it has price wise vs. petrodiesel's 80 pence at the pump. Then there is the cost of the straight oil conversion to add on, amortized over the life of the vehicle. You do the sums. *i'd say that for an average 10000 km/yr driver, using a 12 km/liter vehicle, and assuming a 40 pence per liter cost for rapeseed svo (because of vat, etc), the conversion would pay for itself in less than 18 months, and show a profit from there on of some 300 pounds/yr, assuming, that is, that petrodiesel does not increase in price, as it has had a tendency to do over the last 60 years or so. should petrodiesel go up, the profit for the car owner would be proportional to the petrodiesel price increase. *now, if besides this you were to add a alky/water mister to your diesel engine, and thus drop fuel use by at least 15 %, while at the same time de-coking your injectors and ring grooves, you might say that switching to svo isn't such a bad idea after all.... *and regarding environmental advantages........(:-D) cheers, dick. Biofuel at Journey to Forever: http://journeytoforever.org/biofuel.html To unsubscribe, send an email to: [EMAIL PROTECTED] Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/