dawny1970 Posted May 5, 2011 Share Posted May 5, 2011 the price of oil per barrel has dropped over $15 per barrel in the last couple of days (over 13%), lets see how quickly the price of petrol drops:loopy: Link to comment Share on other sites More sharing options...
patrick38 Posted May 5, 2011 Share Posted May 5, 2011 petrol will never go under 1.30 again because of greedy fat cats Link to comment Share on other sites More sharing options...
Mangoes Posted May 5, 2011 Share Posted May 5, 2011 the price of oil per barrel has dropped over $15 per barrel in the last couple of days (over 13%), lets see how quickly the price of petrol drops:loopy: Over 70% of the cost of fuel is tax and duty. Oil is still comparitavely cheap. Petrol prices in US are far cheaper than ours. We are just being ripped off by this government whose Etonian merchant banker boys caused the recession in the first place! Link to comment Share on other sites More sharing options...
dawny1970 Posted May 5, 2011 Author Share Posted May 5, 2011 well if it drops, then the tax and vat will also drop pro rata as well, lets see what happens because its £1.36 per litre at the moment, and thats just crazy!! Link to comment Share on other sites More sharing options...
Treatment Posted May 6, 2011 Share Posted May 6, 2011 Petrol went up another 1p/litre around here today. Link to comment Share on other sites More sharing options...
DaFoot Posted May 6, 2011 Share Posted May 6, 2011 Over 70% of the cost of fuel is tax and duty. Oil is still comparitavely cheap. Petrol prices in US are far cheaper than ours. We are just being ripped off by this government whose Etonian merchant banker boys caused the recession in the first place! How much have this government increased fuel duties compared to previous government? Link to comment Share on other sites More sharing options...
truman Posted May 6, 2011 Share Posted May 6, 2011 Over 70% of the cost of fuel is tax and duty. Oil is still comparitavely cheap. Petrol prices in US are far cheaper than ours. We are just being ripped off by this government whose Etonian merchant banker boys caused the recession in the first place! Oh I must have missed all the fuel duty and tax cuts that Labour made... Link to comment Share on other sites More sharing options...
WeX Posted May 6, 2011 Share Posted May 6, 2011 Over 70% of the cost of fuel is tax and duty. Oil is still comparitavely cheap. Petrol prices in US are far cheaper than ours. We are just being ripped off by this government whose Etonian merchant banker boys caused the recession in the first place! can you please list a few of them please or are you trying to connect eton with greedy bankers for obvious reasons? Link to comment Share on other sites More sharing options...
danny11 Posted May 6, 2011 Share Posted May 6, 2011 the oil company has only 50p a litre to pay with as the rest is tax and vat, For that 50p its paying for the crude, refine it then transport to petrol station, 13% of 50 is a 6.5p, crude price will only a tiny part of the fuel price Link to comment Share on other sites More sharing options...
Treatment Posted May 6, 2011 Share Posted May 6, 2011 the oil company has only 50p a litre to pay with as the rest is tax and vat, For that 50p its paying for the crude, refine it then transport to petrol station, 13% of 50 is a 6.5p, crude price will only a tiny part of the fuel price . . .and now we have a comment from our Beijing correspondent . . . Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.