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Fuel Protests?

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Who do you blame for the high fuel prices?
Petrol Retailers
0%
 0%  [ 0 ]
Government
73%
 73%  [ 11 ]
OPEC (Organization of the Petroleum Exporting Countries)
6%
 6%  [ 1 ]
Oil Companies/Giants
20%
 20%  [ 3 ]
Total Votes : 15

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Chris B
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PostPosted: Wed May 21, 2008 20:46    Post subject: Fuel Protests? Reply with quote

http://news.sky.com/skynews/article/0,,30400-1316645,00.html

Sure do hope they go ahead.... its about time the country stood up to the band of robbers government and their rediculous tax on fuel †Evil or Very MadEvil or Very MadEvil or Very Mad
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siweb
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PostPosted: Wed May 21, 2008 20:59    Post subject: Reply with quote

Cool

and probably all of the above, but one stands out Wink
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markymoan
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PostPosted: Wed May 21, 2008 23:27    Post subject: Reply with quote

Difficult, the last 30% on fuel wasnt the gov,,, but we do pay way to much tax.
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Chris B
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PostPosted: Wed May 21, 2008 23:34    Post subject: Reply with quote

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  Evil or Very Mad  Evil or Very Mad   that would be fuel duty on which we pay vat  Evil or Very Mad  Evil or Very Mad  Evil or Very Mad
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TimBanham
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PostPosted: Thu May 22, 2008 7:35    Post subject: Reply with quote

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
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dxmedia
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PostPosted: Thu May 22, 2008 8:19    Post subject: Reply with quote

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.
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mutlley
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PostPosted: Thu May 22, 2008 20:43    Post subject: Reply with quote

move to Kuwait!


8p a litre...................... Shocked



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
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PostPosted: Fri May 23, 2008 1:29    Post subject: Reply with quote

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 Shocked wont see this till 3 or 4 days time . scary stuff Shocked . 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 Twisted Evil
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Bigcolbee
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PostPosted: Fri May 23, 2008 9:53    Post subject: Reply with quote

the flower man wrote:
thats got to be 1.30-1.32 a litre Shocked 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. Evil or Very Mad
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the flower man
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PostPosted: Fri May 23, 2008 12:05    Post subject: Reply with quote

god thats quick Shocked havent checked my local petrol station yet but need derv for later to go to crawley
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markymoan
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PostPosted: Fri May 23, 2008 13:05    Post subject: Reply with quote

Its time our glorious leaders capped the duty to X amount per litre rather than %  Evil or Very Mad
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Philp
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PostPosted: Fri May 23, 2008 13:37    Post subject: Reply with quote

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.
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Chris B
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PostPosted: Fri May 23, 2008 13:49    Post subject: Reply with quote

I stand corrected... the Duty is a fixed amount as Phil says.

http://en.wikipedia.org/wiki/Hydrocarbon_oil_duty

Still doesnt make it right ... the government are still taking the country for mugs.
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markymoan
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PostPosted: Fri May 23, 2008 14:00    Post subject: Reply with quote

But we are still paying 17.5% on the fixed rate and the cost of the fuel.
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Chris B
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PostPosted: Fri May 23, 2008 17:51    Post subject: Reply with quote

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  Evil or Very Mad  Evil or Very Mad
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