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Originally Posted by papa smurf
might i just add that stock piling fuel at home is a recipe for disaster.!
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Indeed, although in my case only if one of the containers splits and spills veg oil on the carpet, then it could be fatal!
I remember hearing about a bloke who stored gallons and gallons in his garage, and one day he was working in there when the lot went up.
Unfortunately, I would imagine there are many people out there who have stockpiled petrol (are there actually restrictions on diesel stockpiles? I couldn't find any when I looked during the first blockades, when it was cheaper to go to france on the ferry and fill up than the local petrol station!) simply because they know they'd not be able to afford the current prices.
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Originally Posted by frogstamper
Of course the price of petrol is way high, its gone from $14 a barrel in 2000 to over $130 a barrel now, if Brown were to take 25p off the price of a litre that would mean cuts of millions to the public purse, which in turn means who's going to suffer, the police, hospitals, defence or our kid's education. He no doubt would love to get in everybody's good books by slashing tax on petrol, but his all to aware its a lot more complicated than that.
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Think about it, they set the taxation level to return enough revenues to the treasury as is needed for the year. The price of fuel has gone above expectations, therefore the amount of tax returned is greater than what was budgetted for.
What people are asking for is that extra tax to be returned by reducing the rate of duty.
So it's not taking money that was expected away from the treasury, but extra cash they didn't expect.
The problem is, that extra money is needed because the government have screwed up so much.