Ducati Sporting Club UK > General > Idle Chat > Fighting escalating petrol prices

[TP]

excuse my ignorance - pmsl?

[madmav]

****ing my self laughing (PMSL)

[TP]

ahhh ... I guess I ruined that a bit - slow bugger that I am!!!!

[Mark]

HOW ABOUT, AS dUCATI RIDERS JUST USE SHELL, SPONSOR OF DUCATI?

opps caps lock! :P

Don't use BP or Esso as norm or supermarket fuel, as Shell happens to be the closer fuel station, though on road when the light comes on, next station.

I thought best was not to buy fuel on a certain day?

[Ray]

Who rakes in the most cash from Petrol & Diesel.

The government.

They rake in more from the rise in the price of crude through fuel tax and the tax on the tax, VAT, well over 70% of the price of fuel is tax. They will rake in far more from the current rises in fuel prices than they would by sticking a few pence more tax on.


Roll on the next fuel protest.

Ray.

[antonye]

Fuel duty amounts to 73% of unleaded petrol. That's 73%!!!

73p out of every £1 you spend on petrol goes to the government!

It's nice to see that they're pouring all that cash back into keeping the roads in good order!

[Jools]

Tell you what, it would be tough trying to influence 3 Hundred Million people to lower fuel prices, but if you're plan is to change the behaviour of a large mass of people you only need to reach about 100 million of them.

That's over half of the US electorate. Get that monkey Bush out of the White House, get back to some sensible US domestic and foreign policy that conserves fuel at home and creates more stability in the middle east and voila! The world oil price becomes more stable.

Then use you vote (not many people do nowadays it seems) to threaten any party out of office if they intend to continue squeezing the last drop of tax out of every litre.

Ooooops, a little bit of politics creeping in there!

Unfortunately, the fact remains that oil is a diminishing resource and oil fields that were not even viable 10 years ago are now being exploited. I was listening to a program on the radio just yesterday about a company who have found some oil in Rajistan, they estimate something like 10 million barrels. Since OPEC upped their production to 2 million barrels a day, the new find is less than a weeks worth, but that is what oil companies are having to do now, chase down the last oil deposits in the world, and the oil pockets they do find are in increasingly hostile terrain or deeper water and therefore the base price has to go up. Add a gas guzzling, tax greedy chancellor to that and as far as fuel prices go (to coin a phrase from a pathetic 80's pop song)... the only way is up, baby.

[antonye]

The price of fuel in the UK has nothing to do with who is in power in the US, nor the output from OPEC.

The US only pay 27% fuel duty which means that their 30p per litre price is only 8p tax!
If you changed this to our 73% taxing system instead ... you get the same base price for a litre of petrol before tax!

Don't forget that this excludes the proposed 2p per litre tax hike on petrol in September ... which means an equivalent 58% rise in fuel duty AND 15% rise in VAT on the price.
(source: AA)

It is in the interest of the Chancellor to keep prices high as this means even more money for the government to spend on red tape, taxis to work and subsidising the drinks in the Westminister bar.

Ooops! Little bit of alternative politics there!

[Edited on 4-6-2004 by antonye]

[Neil Murray]

Originally posted by dave w
The missus got this e mail at work today and wanted to share it with all you peeps on here...

It is worth a try anyhow !

PETROL PRICES......

We are going to hit close to 89p a litre by the summer.

Want petrol prices to come down? We need to take some intelligent, united action.



<snip>

Which is precisely what you are not advocating.

Let's see, now.... you're asking everyone to spawn spam, and your grasp of the economics of the oil industry and fuel retailing are shakier than a 916 with a misfire.

Nice one.

[MarkyMark76]

Originally posted by Neil Murray

Which is precisely what you are not advocating.

Let's see, now.... you're asking everyone to spawn spam, and your grasp of the economics of the oil industry and fuel retailing are shakier than a 916 with a misfire.

Nice one.

That's a bit bloody patronising. Can you explain where the flaw lies and how it really works then?? Ta/