Petrol prices...whose shafting who?

BennyD

BennyD

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Pointless question Frank; they are shafting us and always have been. As you say, when oil prices go up petrol prices go up as a direct result. When oil prices fall a whole lot of factors come into play to keep the prices high. W4nkers.
 
Woody

Woody

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Intersting article on the news this morning. Crude oil dropped 18% while petrol has dropped just 1.8%, Tax is 60% and govt plan on putting it up 8p a ltr next year.

Awesome.
 
Maser Sod

Maser Sod

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And yet the govt want to bring us out of recession - but we can't even afford to drive to the shops to spend the money we don't have!

Still, I'll take expensive fuel over the 'Luxury Tax' which countries like the Netherlands have - just imagine having to pay 25% extra for a nice car because it is deemed a 'luxury'!
 
Parisien

Parisien

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Not a luxury tax Pat...merely a socialist way of showing societies dis-approval of those well off enough to spend their hard earned money on a high end car.

Wheres the "luxury tax" on jewelery, cosmetic surgery, Jimmy Choo shoes...etc....discriminatory and self serving.......


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marcos

marcos

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How dare oil companies make a profit!

They've got something you want, you choose to buy it. Of course everyone needs it but if you want to save, get an 80mpg diesel thing. We all drive uneconomical cars and have made a choice... Yes I'd like fuel to be under a pound but not going to happen ever again :(

But I'm not buying an 80mpg diesel, my choice :)
 
Parisien

Parisien

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Lewis......the oil companies are the good guys..........its the blood sucking governments who shaft us.....

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Parisien

Parisien

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We don't however much like cartels, too few businesses in the market place....need competition and regulation.........60% tax on every litre aint fair....


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NickP

NickP

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Trouble is, the high fuel price impacts the price of everything else since it is needed to deliver the goods, so 1p on a litre ripples all the way down to a pack of bog roll, I say tax something else, put fags up to £20 a pack, legalise and tax dope.. etc or at least offer an alternative like cheap rail travel?
 
lozcb

lozcb

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marcos said:
How dare oil companies make a profit!

They've got something you want, you choose to buy it. Of course everyone needs it but if you want to save, get an 80mpg diesel thing. We all drive uneconomical cars and have made a choice... Yes I'd like fuel to be under a pound but not going to happen ever again :(

But I'm not buying an 80mpg diesel, my choice :)
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Expected post Lewis, we understand your vested interest, might it be the case your boss reads the forum aswell hahha brownie point well earned mate , tho i do tend to agree with you , dont blame anyone for making a profit , its what we all want to do , but there is an awful lot hypocrosy somewhere when in the Arab states, south america , and some african states the base price is a quarter of what it is here , the transportation costs aren't that high , bulk shipping used to be my field so i understand the costs involved ............... all too often its claimed that a large amount of the profits are ploughed back into R & D and exploration ,in the larger companies thats really not the case in my experience , there's an awful lot of profits hidden and money wasted and spent unecessarily and its the poor western society that has to pay for it

But your right in that we all have a choice whether to drive guzzlers or bumble bees


regards loz
 
Andyk

Andyk

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Not that I was adverising................On the subject of ASDA one of my drivers went up to Bruntingthorpe today to represent the South West in our driver of the year competition .....He only went and bloody won.......I am so pleased.....He gets a top of the range brand new lorry to use for a year....No one else is allowed to touch it......
 
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Maser Sod

Maser Sod

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The oil companies generally make monster profits, and with tax on our petrol at 60% it's not difficult to see why we are at 1.35 a litre.

To say everyone's entitled to make a profit is a bit simplistic, that's the basic premise of capitalism but you need governments to rein in oligopolistic or monopolistic practices, plus cartel behaviour, otherwise things can get out of hand.

I don't care too much about petrol prices from a personal perspective - the company I am contracting to pay all of mine - but the inflated prices are hitting delivery costs and your regular joe, and keeps us in a horrible stagflation scenario.
 
Parisien

Parisien

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lozcb said:
I know Andy , i filled up at the MK one this morning 131.9 i think


regards loz
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...take it your using the Tescos 5 p off vouchers Loz........can use 3 at a time............:)........132 minus 15 = 117 a litre.......and there was Lewis saying we weren't going back to 120p a litre....ever.....;).....:)



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lozcb

lozcb

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Parisien said:
...take it your using the Tescos 5 p off vouchers Loz........can use 3 at a time............:)........132 minus 15 = 117 a litre.......and there was Lewis saying we weren't going back to 120p a litre....ever.....;).....:)



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Dont rub it in Frank , last week spent £145 in Tesco , when i asked for the petrol vouchers it was too late , checkout girl said its only with certain products coke and sommet else , and spends of over £50 well i hadn't bought eitjher product so dipped out , so buggggerit

After paying 136/7 in recent weeks months , then to pay 132 feels good anyway but hmmm 120 sounds alot better


regards loz


regards loz
 
Maser Sod

Maser Sod

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In Oct 07, oil cost just under 85 dollars a barrel, and petrol was 98p a litre.

Oil currently costs 85.30 dollars a barrel, and petrol is around 135p a litre.

Ergo, somebody is screwing us. The end.
 
Maser Sod

Maser Sod

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I was in Portugal, last time there were blockades of the oil depots. Otherwise I would have been there supporting the cause, honest!

I wonder what the crude oil and petrol prices were then, with inflation taken into account - pretty sure things are worse now, relatively speaking?
 
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