Fuel strike/go slow planned?

[ANGELFIRE1]

actually if you look at the figures the vast majority fo the increase in fuel costs over the last ten years is not an increase in tax!!! the fuel escalator was scrapped!

 

Fuel is going up because the price of crude oil per barrel is rising, simple as that, demand is high if they went on strike the oil companies wouldnt lose any sleep over lost money as it would be happily bought by someone else. simple supply and demand economics.

 

 

Bit of an odd post when TAX and VAT is around 70% of the cost of a gallon of fuel.

 

Angel.

[damageandy]

Bit of an odd post when TAX and VAT is around 70% of the cost of a gallon of fuel.

 

Angel.

 

when you look at the facts and figures over the last ten+ years the amount of tax on fuel has remained relatively stable, the reason fuel has gone up in price so much in this time is because the price of oil has increased so dramatically.

 

yes tax accounts for a hell of a lot of the price per litre, but its not why the price has risen so dramatically.

 

thought id make the point twice as you managed to miss it in the original post you quoted.

[MonkeyLover]

and considering all this fuss at the minute about fuel, isnt it funny how the bus services are increasing their prices, as obviously more people will need to use public transport

 

Probably because the buses need fuel! - it's a viscous circle.

[Uptowngirl]

actually if you look at the figures the vast majority fo the increase in fuel costs over the last ten years is not an increase in tax!!! the fuel escalator was scrapped!

 

Fuel is going up because the price of crude oil per barrel is rising, simple as that, demand is high if they went on strike the oil companies wouldnt lose any sleep over lost money as it would be happily bought by someone else. simple supply and demand economics.

 

Having recently driven across the continent by car I can tell you that petrol in the UK is some of the cheapest in Europe.