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Fuel prices MEGATHREAD


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Believe it or not there is a way to get stupid fuel prices down. All we need to do is boycott the two major oil companies ie BP and ESSO, fill up anywhere but these two and just watch what happens. These two giants will have no alternative than to reduce prices.

 

Yu don't know what your talking about

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As Tuffy says. It's the tax that causes the high price.

 

Petrol @ 126.9/litre =

 

Product: 46.8p

Duty/Tax: 81.1p

 

So on the product cost that's essentially 173% TAX

 

Diesel @ 131.9/litre =

 

Product: 50.97p

Duty/Tax: 80.9p

 

So that's 158% tax on the cost of the fuel.

 

Also remember that the VAT is applied AFTER they apply the fuel duty, so you're paying VAT on the duty cost aswell, essentially taxing a tax.

 

Again, using the figures above, if we apply VAT to the fuel cost ONLY:

 

Petrol @ 126.9/litre would drop to 115.9 (-11p/litre)

Diesel @ 131.9/litre would drop to 120.9 (-11p/litre)

 

As for boycotting the bigger brands it wouldn't work at all. Even thought supermarkets use smaller companies, it's the major companies that supply the oil so oil prices would just rocket instead.

 

For your information, supermarket suppliers:

 

Tesco - Mostly Greenergy - some stores are Esso based on a business alliance.

Morrisons - Greenergy

Asda - Harvest Fuels

Sainsburys - Some sources say it's Greenergy however most point to BP as the supply

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upinwath has a good idea which has been championed by people before but unfortunately no petrol company is going to purposefully **** off the government like this.

 

The government have a sweet deal, they put a ridiculous amount of tax on petrol and encourage the general public to believe that it's the greedy oil companies.

 

Boycotting oil companies is a useless and misinformed idea

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