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Who do you blame for the high fuel prices? |
Petrol Retailers |
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0% |
[ 0 ] |
Government |
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73% |
[ 11 ] |
OPEC (Organization of the Petroleum Exporting Countries) |
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6% |
[ 1 ] |
Oil Companies/Giants |
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20% |
[ 3 ] |
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Total Votes : 15 |
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Chris B Lifetime member
Joined: 17 Oct 2005 Posts: 3537 Location: Chorley, Lancashire
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Posted: Wed May 21, 2008 20:46 Post subject: Google Ads keep this community free to join! |
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siweb *******
Joined: 18 Apr 2004 Posts: 1590
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Posted: Wed May 21, 2008 20:59 Post subject: |
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and probably all of the above, but one stands out |
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markymoan *******
Joined: 25 Jun 2005 Posts: 16267 Location: Naughty Step
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Posted: Wed May 21, 2008 23:27 Post subject: |
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Difficult, the last 30% on fuel wasnt the gov,,, but we do pay way to much tax. _________________ |
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Chris B Lifetime member
Joined: 17 Oct 2005 Posts: 3537 Location: Chorley, Lancashire
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Posted: Wed May 21, 2008 23:34 Post subject: |
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True ... but on top of the last 30% is a percentage adder as tax - every time the oil price rises a few pence the overall cost rockets as the retailer needs to pay more tax that would be fuel duty on which we pay vat |
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TimBanham Lifetime member
Joined: 17 Oct 2006 Posts: 1258 Location: Newark, Nottinghamshire
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Posted: Thu May 22, 2008 7:35 Post subject: |
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I've gone for OPEC because although the govt does have a stupid amount of tax on fuel there is no reason that the price of crude needs to be where it is - OPEC are just refusing to increase production as this way it just lines their pockets. Funny when you think OPEC was created to actually stop this from happening _________________ 3.0TD LWB Citation |
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dxmedia *******
Joined: 04 Mar 2007 Posts: 4677 Location: Hope Valley
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Posted: Thu May 22, 2008 8:19 Post subject: |
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The reason oil prices are rising is not due to production, it's due to the banking issues in the US. People (talking backing investors) don't want their money in property any more, so they are buying up oil stocks - which is causing the price to rise. It's nothing to do with percieved oil shortatges or enviromental issues. _________________ For great insurance deals on 4x4s, imports and more, contact Adrian Flux :
01553 845 945 |
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mutlley *****
Joined: 09 Dec 2006 Posts: 553
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Posted: Thu May 22, 2008 20:43 Post subject: |
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move to Kuwait!
8p a litre......................
and did you know? last year they made so much money from oil, they ended up with to much money! so they paid off everyones debt in kuwait!
no im not joking.
and before we start banging on about the price of fuel! lets find out just how much money the goverment makes from it and what they do with it!
and the only people to blame or, ourselves. for letting it get like this. |
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the flower man *******
Joined: 04 Apr 2007 Posts: 1624 Location: north kent
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Posted: Fri May 23, 2008 1:29 Post subject: |
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the oil prices are baced on speculation in the market so far. the us have asked for an increace in oil production but this has been declined because the countrys that are producing the oil would be mad to do such a thing. if there is a shortage there is a higher value on the product .the market got wind of this and ofcourse, have forced the price up. $200 a barrel by xmas is not un realistic. $5 in a week @135 today. thats got to be 1.30-1.32 a litre wont see this till 3 or 4 days time . scary stuff . as mentioned above, the govenment is still getting 17.5% vat on the total price + the duty which is more than 60% so they are laughing as we are paying |
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Bigcolbee Lifetime member
Joined: 19 Aug 2007 Posts: 452 Location: Chorley
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Posted: Fri May 23, 2008 9:53 Post subject: |
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the flower man wrote: |
thats got to be 1.30-1.32 a litre wont see this till 3 or 4 days time |
Diesel's hit that in Chorley, noticed on the way back from dropping Hannah off from school this morning. _________________ LTM: 000136
Alright brain, you don't like me and i don't like you, so let's just do this thing and I'll go back to killing you with beer
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the flower man *******
Joined: 04 Apr 2007 Posts: 1624 Location: north kent
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Posted: Fri May 23, 2008 12:05 Post subject: |
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god thats quick havent checked my local petrol station yet but need derv for later to go to crawley |
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markymoan *******
Joined: 25 Jun 2005 Posts: 16267 Location: Naughty Step
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Posted: Fri May 23, 2008 13:05 Post subject: |
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Its time our glorious leaders capped the duty to X amount per litre rather than % _________________ |
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Philp *******
Joined: 12 Oct 2004 Posts: 3869 Location: Shropshire
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Posted: Fri May 23, 2008 13:37 Post subject: |
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Duty is a fixed amount per litre BUT you've got VAT on top of that and that is a percentage. Petrol retailers arenb't to blame as the forecourt makes something like 8p a litre, its the oil companies and opec screwing us over along with a weak dollar and investors heading to oil as the global economy looks shaky. _________________ Phil
96 or is it a 98 Isuzu Bighorn Lotus |
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Chris B Lifetime member
Joined: 17 Oct 2005 Posts: 3537 Location: Chorley, Lancashire
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markymoan *******
Joined: 25 Jun 2005 Posts: 16267 Location: Naughty Step
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Posted: Fri May 23, 2008 14:00 Post subject: |
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But we are still paying 17.5% on the fixed rate and the cost of the fuel. _________________ |
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Chris B Lifetime member
Joined: 17 Oct 2005 Posts: 3537 Location: Chorley, Lancashire
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Posted: Fri May 23, 2008 17:51 Post subject: |
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markymoan wrote: |
But we are still paying 17.5% on the fixed rate and the cost of the fuel. |
Plus car tax... which the 3.0 owners will be stung with up to £450 from next year |
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