Petrol prices...whose shafting who?

[Paul3200]

I think it's to do with currency exchange and the pound against the dollar. Other than that yes 60% of the pump price is tax, also known as being shafted. What will they do to keep revenue up if we all had electric cars which can be charged up at home ?

 

[Parisien]

But the pound has been quite good against the dollar for at least a year...........what gives?


P

 

[Parisien]

http://www.oanda.com/currency/historical-rates/

Shows about 2pence variation in last 12 mths.......we are being fed more bullsh!t!!!


P

 

[Maser Sod]

The rate now is round 1 dollar 40 ... about four years ago, it was also around 1 dollar 40.

And if the price goes up when the exchange rate goes 'bad', then shouldn't we also see it coming down when the pound sits more favourably?

I'm with Mr P on this one.

But hey, it's a capitalist world, and if we over-regulate then it could lead to recession and economic crisis - right?

 

[EnzoMC]

not sure if this has been raised, petition to sign to try being down Petrol cost (taxes), not sure how true but need 100k signtures to bring this up for discussion


http://epetitions.direct.gov.uk/petitions/347

 

[conaero]

Done, signed up, thanks Enzo (jr).

 

[NickP]

Signed the petition.

 

[Easyplan66]

one question,

if you owned the oil company what would you do.....
it is the tax on petrol that makes it expensive......

 

[ENZ525]

Signature added

 

[dem maser]

Its bad when filling up at 1.29 thinking its a bargain.....

 

[slimnrp]

If it's any consolation the twin 4.2 mercruiser mags on my boat get me around 1.3mpg at 25kts....I'm looking forward to 17 in the GS

 

[dem maser]

Its economical for you then hahahahaha

 

[slimnrp]

I guess it's similar with boats and fancy cars, it's the fuel you think about most but that's just a fraction of the running cost when you take stock of services, insurance, maintenance and depreciation. That gas is probably the least worse bit.

 

[Parisien]

If it's any consolation the twin 4.2 mercruiser mags on my boat get me around 1.3mpg at 25kts....I'm looking forward to 17 in the GS

Gee..................so do you tow a fuel tender behind you on any given trip??!!



P

 

[Parisien]

I guess it's similar with boats and fancy cars, it's the fuel you think about most but that's just a fraction of the running cost when you take stock of services, insurance, maintenance and depreciation. That gas is probably the least worse bit.

Yes indeed, but this part of the equation is a mostly tax gathering operation....can't escape it and its in your face every week!

P

 

[slimnrp]

Gee..................so do you tow a fuel tender behind you on any given trip??!!



P

2 x 400ltr tanks, easily enough range at half full to get from Falmoth to Gurnsey and fill up at .55p a litre. That makes you feel like you've won!

 

[lozcb]

If it's any consolation the twin 4.2 mercruiser mags on my boat get me around 1.3mpg at 25kts....I'm looking forward to 17 in the GS

Surely Slim the |Marine future lies with Turbo diesels especially over here , i had petrols taken out and twin volvo's turbo's put in my Princess a few years back , made the world of difference £££s wise filling up with very little difference in performance , especially if you do a spot of fishing occasionally , red diesel is sooooooooooooooooooooooo cheap


regards loz

 

[marcos]

Lewis......the oil companies are the good guys...
P

Hmm, don't know about that... oil price isn't really dictated by oil companies, it's a combination of what prices OPEC set and what the traders are doing! Oil is risky, gold is safe - price of gold is very high right now which means oil is low, but it's all artificial and at the mercy of the markets. Not a simple 'supply and demand' thing.

Anyay, I have a company to run

 

[Parisien]

...meant in the context of getting it out of the ground.......as regards the price then its in the hands of 3/4/5/6/ other groups who finally determine the at the pump price.....not the oil companies by themselves.


P