spirraling fuel cost

[dogwood]

At the beginning of the week £1.22 now in blyth £1.31.9
that is  £5.999 a gallon
the gov't are getting a extra 20p a gallon off us just this week
if things continue thats me out of the off road equation        

[diggerdog36]

Im waiting to see what the protests do, there is some news in the Lynn News today, but I didnt read it, at most I think he'll scrap this 2p increase due in October.

[Yoshi]

Well there was talk on the news today about sommat to do with 2 new pipelines opening up in the north sea to increase the ammount of oil pumped in order to try and bring the price down.

[EbonynIvory]

Well there was talk on the news today about sommat to do with 2 new pipelines opening up in the north sea to increase the ammount of oil pumped in order to try and bring the price down.

Oh come on! do you really think that the prices will go down even if these two pipe lines open. Lets face it - people in Government are and always will do alright and their pile of money will always increase (something to do with their £100 000 annual wage) while people like us will watch our piles of money (if you have one) get smaller and smaller and find the the pound is worth less and less.

These prices are here to stay (I wish/hope I'm wrong) and the Government is hell bent on ruining the economy. Ironically, they want this country to go over to a service industry but they are pricing out the foreign market! Not very good business sense!!

[Manicminer]

The price of your house has doubled in the last 10 years, your wages have doubled in the last 10 years.

Up to a month ago fuel was also about double what it was 10 years ago.

[denviks]

the way i see it is.....( might be twisted reality but works in my mind )

lots of people are saying that the government cannot drop the amount of duty of the price of fuel we pay as the government would need to get the money back some how ...

ok , i think this

which would be cheaper............ giving us some of that duty back or the 2 million + people who will soon be on the socail as its cheaper for them to do that going to work??


simple economics ???

some thing has to give soon 

[Yoshi]

The other thing here is that if fuel duty was reduced, the government wouldnt lose money.  As it is they are recieving increased revenue even if they say they arent benefiting from the high prices.  17.5% isnt a set figure like the actual fuel duty is, so as the price of the petrol rises, they obviously make more as they get a percentage of the sale price!

[Wireless]

The fuel escalator was in fact introduced by the last Tory Government in 1993, it should have been the first thing that the new Government should have capped off in 1997, but it didn't, it saw the revenue and couldn't bring itself to cap it as it wanted to spend the money on the infrastructure (whether they spent it well is open to debate), and the sodding thing ran on until the Fuel Protests in 2000.  Then they left it at that level of taxation = 75%.

I'm afraid the fuel escalator will be the nail in the coffin of this government, what a well made time bomb the Tories made, one that was so lucrative the new Government couldn't let it go, and one so reactive to increased World demand for fuel to push up prices, and put the Tories back in power.  Brilliant strategy, but do you still want the evil <Edited> who dreamt it up in the first place to regain power?

You can bet that the cost of living, and fuel prices will not be reduced, whoever is in power.

To my mind, the Government should take a leaf out of their own books and cap the fuel escalator at the level it was in 2001, and then reduce it every year to it's 1993 % value, it's only fair.

They can always put a tax escalator onto things I don't use, like tobacco, Coco Pops, bobble hats, and leki poles, to prevent erosion to Snowdon.

[EbonynIvory]

The price of your house has doubled in the last 10 years, your wages have doubled in the last 10 years.

Up to a month ago fuel was also about double what it was 10 years ago.

House prices and wages might have doubled in the last ten years but how much has the cost of living gone up by? As for house prices - there are alot of people who can afford the mortage but can't get one?!?!?

[Disco Matt]

Tax the bobblies!  :lol: :dance:

[Tommo]

Well there was talk on the news today about sommat to do with 2 new pipelines opening up in the north sea to increase the ammount of oil pumped in order to try and bring the price down.

Oh come on! do you really think that the prices will go down even if these two pipe lines open. Lets face it - people in Government are and always will do alright and their pile of money will always increase (something to do with their £100 000 annual wage) while people like us will watch our piles of money (if you have one) get smaller and smaller and find the the pound is worth less and less.

These prices are here to stay (I wish/hope I'm wrong) and the Government is hell bent on ruining the economy. Ironically, they want this country to go over to a service industry but they are pricing out the foreign market! Not very good business sense!!

if oil prices come down even slightly then the price will crash, because its the speculators pushing the price up all the time, if theres a small dip all investors will sell their oil and its the good ole economic chain reaction again isnt it.

[hrh_dave]

What would the difference be if he did put the 2p increase on..... its going up by that every week..... OPEC cronies wont do diddely squat about increasing production...... And his little trip up here to Scotland this week was nothing more than a media fest..... There is nout the oil companies can do...... Its all just down to what OPEC chooses to release on a daily basis.......


Rant over Im going back to my tooth ache and painkillers..........

[redhand]

The price of your house has doubled in the last 10 years,

So has the price of every one elses. So if you sell your house unless your seriously downsizing then you will not gain one penny from the sale off your house regardless of how much you paid for it originally.

your wages have doubled in the last 10 years.

So has the price of everything else. your wages are worth less now than they were 10 years ago. If you take all the indirect taxation into account then what you could buy for £10, 10 years ago will cost you approx £14 now.

Up to a month ago fuel was also about double what it was 10 years ago.

If you compare the cost of living, fuel cost, mortgage costs etc as a percentage of your monthly income. I think you'll find that a far larger percentage is required to cover these costs than it was 10 years ago.

[discowoman]

, your wages have doubled in the last 10 years.

REALLY  :shock:
hmm must tell the bank manager then, cos I know Hubbies wages havent doubled in the last 10 years - £60 extra a week, went from £190 up to £250 a week....glad hes out of it now - and Im about to start after a 16 year break to bring up kids  :dance:

[Wireless]

Just curious, but what exactly does the moderator have against bar stewards, a responsible position of employment?

[EbonynIvory]

Just curious, but what exactly does the moderator have against bar stewards, a responsible position of employment?

?? Have I missed something?

[Paul]

Just curious, but what exactly does the moderator have against bar stewards, a responsible position of employment?

I think you'll find that had you typed what you meant in that post the word filter would of picked it up and changed it  ;)

People miss typing words and adding the odd * here and there create work for others..

[bilge rat]

dont know weather i have this right but i thought that petrol required more refining than deisel so ho come deisel is about 10p a litre more. years ago when they started building deisel cars for the fleet market like the normal aspirated peugeot and fords im sure deisel was cheaper .now people switch to deisel because they are more fuell eficient and not far behind on power they up the price . i know its all down to revenue but surely they cant be able to justify it ?. heard browns interveiw on tv about the price of oil being high asking the oil companys to produce more to bring the price of crude down . but how can he get away with it everyone knows the main problem in this country about fuell is the tax and more tax. arent we the highest taxed country in europe on fuell tax ?.  thing is when iff or will it ever change  [-o<