Petrol prices - all gone quiet
 

I had this from petrolprices.com in my mail. moaning about 2p when the prices have been going up all the time anyway.

Re: Petrol prices - all gone quiet
 

The Chinese are sucking in more and more oil... prices will keep going up until there's none left....

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Speculators/Futurers Traders are also doing their bit to drive the Price of crude oil up to high levels, while production continues to be relatively flat.... Again, the greedy barstewards who helped cause the global banking crisis are ensuring that joe public continues to get screwed in the wallet/purse....

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They're not just moaning about any old 2p it's the fact that when vat went back up they didn't take the 2p back off that they had put on to compensate the vat going down to 15%, petrol has been going up due to oil prices, this is just to do with tax, 99% on the country would rather have this 2p taken back off

Re: Petrol prices - all gone quiet
 

I know what it's about. my point was we'll moan about 2p but we won't moan about the ever increasing prices that's been going on even since the VAT was reduced for a year.

there's a garage by me that puts 2p on petrol every evening rush hour till the next day where it goes back down again by 2p.

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I have signed it, however I suspect nothing will ever happen.

Have any of these petitions ended up with a positive result?

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I've never heard of a good result from one. I've always been of the feeling that you could have one that's been signed by every person in the country and it would still get ignored.

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The only petition that will do any good, is the one thats used to beat our polititions to death with. ;)

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over 80% of the fuel price is tax anyway, we sell crude to the US who sell petrol FAR cheaper than we do. The price we are paying is ludicrous.

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You wouldn't be suggesting that these petitions are simply a way of giving the masses the impression that their opinions are actually considered and therefore they needn't take any other action, while actually completely ignoring them, are you?

(I voted anyway)

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Hmmmm.... I think you'll find that the duty on fuel is somewhat less that 80%. If memory serves, drivers are currently paying in the region of 57.7 p/L. Though as of the new financial year the rise in fuel duty will be calculated at *inflation + 2.5%*.

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You must be joking - one of No10's permanently powered up industrial shredders is devoted permanently to the task of turning these things into so much compost...

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Actually there was 1 downing st petition that did have some effect. Dont you all remember the roadpricing sceme that got all the papers upin arms a couple of years ago.

though im sure the planns havent been scrapped compleatly just put on hold till they can quietly run a new trial....

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http://www.thisismoney.co.uk/bargain..._page_id=53949

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Someone has to pay all these MPs expenses and increased salaries!

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Just wait for prices to soar once this recession is over. Last time we were discussing energy prices, the underlying causes were increased demand in China/India and (the rest of the) developing world. The crisis has put a damper on this, but if/when the economy picks up, energy prices will go up again.

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Not to mention their cast iron, gilt edged pensions. Then of course there's all that money for the EU.... it's got to come from somewhere....

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What I don't understand is EVERY OTHER COUNTRY pay far less for petrol than us, and they take measures to ensure they stay low, the real issue is us in the UK will sit here on a forum and complain and nothing will get done, these barstools MP will keep doing this, when will it end, a massive stand would help but will never be done.

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Just wait for the EU Green Fuel Tax.... it's being hushed in the UK due to the upcoming election...

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Not exactly true, at least according to the AA, they do a monthly report on the price of petrol,

February 2010

http://www.theaa.com/onlinenews/alla...bruary2010.pdf

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The poor Yanks have to pay 44.78 Pence a litre, how will they cope?

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An interesting document, it makes me wonder how much the other countries are being stiffed with fuel taxes in comparison to us in the UK.

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The price of a barrel of oil is cheaper now than it was back in 2008 when petrol per liter was at its highest, and yet the price at the pump is going to be higher. It's predicted to hit £1.20 a liter in the next day or so. Someone, somewhere is making a ludicres amount of money from this?

Drivers in the UK are a soft touch! It could probably rise to over £2 a liter, and still the public would sit back and take it. What would it have to take for people to get off their arse and protest I wonder? I know, take Coronation Street, Eastenders and the rest of the trash that's spewed out of the idiot box, off the air, now that would cause a riot! ;)

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I gave up driving when petrol reached £1 a gallon, currently I can order a Local Link minicab to take me up to 2.5 miles for 60p or £1.10 return..... I actually have one booked for 7.30 this morning. :p:

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Well why don't you lead the revolution then?

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One of the 'reasons' for the price at the pump being as high as two years ago despite the price of oil being a lot less is due to the weakened exchange rate. This chart shows how sterling has changed over the past five years

http://www.advfn.com/p.php?pid=qkchart&symbol=FX^GBPUSD

I imagine that if interest rates had remained higher then the drop in sterling would not have been so steep.

Another factor to consider is we use petrol in our cars (sometimes diesel and LPG) and not oil. Therefore maybe the price of gasoline is the one to watch on the markets.

As a forewarning current expectations are that there will be a 3p increase in the duty on the 1st April

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There is no other reason for the prices being so high except 'greed'. You just watch in a couple of months or so - Petrolium Companies announcing record profits in their Billions.

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http://news.sky.com/skynews/Home/UK-..._Fill_Our_Cars

Trousers down and bend over and brace.

Re: Petrol prices - all gone quiet
 

It will keep rising no point in the AA reporting this as we all know, the problem is they can say the price increase will make people use public transport, however public transport uses petrol, so if the price of petrol goes up cost to use public transport goes up, its a never ending circle, just wish I could walk to work, would be sooooo much easier and cheaper.

---------- Post added at 11:38 ---------- Previous post was at 11:37 ----------

Ok you want to join me.

Re: Petrol prices - all gone quiet
 

erm you do realise that both petrol and diesel is made from oil don't you?

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Of course I know that, but it has to be refined and the cost of doing so affects the price provided to the petrol stations. Oil could be $10 a barrel but if the refiners kept putting up their costs then the price of petrol would continue to rise.

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Well there are lots of factors that come in to play i guess, biggest one being out government taking about 70% of the price in tax and yet our roads are full of pot holes because councils keep spending the money on stupid arty statues in the middle of roundabouts

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:clap:

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they are put there to take your mind off the price of petrol and the potholes in the road ;)

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But every time I admire them, I find myself driving into a pothole!

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Potholes are joining up into relatively flat surface here... now it's the odd bit of original road surface people are complaining about... the bumps!

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Lmao!! :D

broadbandking, i will join you in the start of a revolution it's got to start somewhere :cool:

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ASDA are dropping theirs to 99.9p per litre, will Tesco and Sainsbury follow?

I don't care about BP, SHELL, TOTAL etc as I will never buy from a oil company again.

http://news.sky.com/skynews/Home/Bus...t_Be_Justified

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that's good news as a self employed van owner i was getting worried about the rises .Generaly i use morrison to fill up and they usually follow the other major supermarkets

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Local gas station had petrol AND diesel priced at £1.17 yesterday morning.

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and out of the 99.9p / liter for fuel, most of it is fuel duty and VAT. info here which is why I don't see how the government can say high prices is the fuel company's fault

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Have you seen the dateline for this story?

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Haha this was last year lol

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Up by 2p/litre today... diesel and petrol now at 115.9

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My bad :dunce:

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The annoying thing about this imo is that this country was self sufficient when it comes to oil production but are now a net importer. There was plenty of the stuff in the North sea (apparently there`s still bucket loads there) but due to the oil companies selling the majority of the easy to get stuff ages ago to America we no have to rely on others.

Our prices should be similar to other euro countries but is it :mad:

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Actually petrol in the UK is cheaper than in 7 out of 12 Euro countries surveyed here. Diesel on the other hand is most expensive in the UK. In most euro countries it is considerably cheaper than petrol, but not so in the UK.

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Daniel, you may have misread that - the price of unleaded in Euro cents (per litre) is only more expensive in Norway and Denmark (as NI is part of the UK), and we match Sweden.

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Errm, no. I was talking about the Euro zone (top table). Petrol is more expensive in France, Italy, Germany, Netherlands, Finland and Belgium. It's just a few p. (with the exception of Holland, where petrol is €1.5 per liter, but the UK is at a par with the major European economies. Places like Spain, Luxembourg and Austria are quite a bit cheaper. Diesel is a totally different story, with the UK being about 20% dearer than the rest.

Having said that. The pound is pretty much at an all-time low against the euro, so that does skew results.

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Well its going up and up and wont stop.

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Not being able to drive anymore, I can honestly say that I don't miss it one bit. All that stress and lack of money was just too much anyway.

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I've just filled up and didn't notice until I'd almost finished 'normal' unleaded is 115.9p per litre, whilst 'super' unleaded is only 110.9per litre - go figure :confused:

What's the difference? I'll fill up on that if i can in future :dozey:

Re: Petrol prices - all gone quiet
 

You must be mistaken. super is always about 8p more than normal unleaded.

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I thought that, so i double checked. Unless Tesco have cocked up again :dozey:

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The problem is within us as a nation, we are too happy to bend over and take the stick as far as it can be taken.
Apart from blockading oil refineries other avenues need looking at.
One could be a mass top up at selected petrol stations where by people only pay the true price of the petrol.
To simplify things lets say that the overall taxation on fuel is 20%
You fill up your tank and deduct the 20% from the final figure on the pump.
Or the alternative is we carry on digging deeper into our pockets and bending over further to accomodate every increase.
I work shifts, getting public transport at 4.30 in the morning is impossible.
So whether a litre of fuel is 50p per litre or £1.15 per litre I still only put a set amount in the tank to get to work and back and for the weekly shop.

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Here are a couple of links regarding fuel tax below.

This table shows the hidden tax on Petrol (ULSP 95 Octane) and Diesel (ULSD) fuel in the UK.

Here is a petition by the protest group Ban the Pumps campaigning to reduce the UK fuel tax.