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Fuel prices


reaper6
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Absolutely nothing as none of us are going to risk loosing our SGC or everything we have worked for - we will just sit back and pay it no matter what - But I think one day it will come and it won't be pretty - not only about fuel prices but immigration and lawlessness.

 

Dave

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An Easy way to remember how badly you are getting screwed over is to work out the market price of oil.

 

a barrel of oil contains 159 litres of oil, and once that has been distilled into around 75 litres of petrol (the rest becomming other hydrocarbons such as keroscene, etc)

 

Remeber when we where paying £1.10 for 1 litre of petrol, but the market price was $30 (about £21 at that time) for one barrel of oil? (so 75 for about £21 - 35p, a litre, giving it a 200% mark-up).

 

 

The problem is the high fuel-prices are been kept high buy a handful of greedy speculation buyers - who's identities are proberbly a mystery otherwise they'd get lynched.

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I've managed to slip a disc really badly and haven't been into the "outside world" since the end of 2009. £1.16 is sounding bad to me so God knows what I'm going to find when I'm back out on the streets of Berkshire. And I suspect all the money I've saved by not driving for a few months will be eaten up by the cost of the gas to keep the house warm as the heating would normally be off in the day.

 

As the old bloke on the Fast Show used to say; "Bugga"

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Unfortunately they have got us by the short and curlies on fuel.....and they know it!!

 

Many things you can give up (tobacco, booze) but you will always need to get to work/go on holiday/heat your home etc and for that you need fuel.

 

However, I wouldn't be at all surprised to find out that the 'mystery speculators' keeping prices artificially high had the letters 'MP' after their names :good:

 

After all, how else is Gordon going to claw the public money he squandered back if not by taking it from the public? :hmm:

Edited by 955i
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Unfortunately they have got us by the short and curlies on fuel.....and they know it!!

 

Many things you can give up (tobacco, booze) but you will always need to get to work/go on holiday/heat your home etc and for that you need fuel.

 

However, I wouldn't be at all surprised to find out that the 'mystery speculators' keeping prices artificially high had the letters 'MP' after their names :good:

 

After all, how else is Gordon going to claw the public money he squandered back if not by taking it from the public? :hmm:

 

 

dont suppose this could be a mystery speculator could it?

 

KW

 

http://www.dailymail.co.uk/news/article-12...nergy-Corp.html

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An Easy way to remember how badly you are getting screwed over is to work out the market price of oil.

 

a barrel of oil contains 159 litres of oil, and once that has been distilled into around 75 litres of petrol (the rest becomming other hydrocarbons such as keroscene, etc)

 

Remeber when we where paying £1.10 for 1 litre of petrol, but the market price was $30 (about £21 at that time) for one barrel of oil? (so 75 for about £21 - 35p, a litre, giving it a 200% mark-up).

 

 

The problem is the high fuel-prices are been kept high buy a handful of greedy speculation buyers - who's identities are proberbly a mystery otherwise they'd get lynched.

 

 

Do you think it's free to get out of the ground though bleeh?......rig rates are around 400k a day at the moment!

 

The problem i have is the majority of the cost goes to the goverment!

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I run an Exec Car company at Heathrow and its really hurting now :good: Trouble is, we put our prices up and the clients look elsewhere, theres always someone else willing to do the job cheaper !! With 8 of my own cars on the road, you can imagine my monthly fuel bill :hmm:

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The actual cost of the fuel as opposed to the duty is the issue here surely. Perhaps if we stopped funding other areas of the economy we could look at reducing fuel duty. the thing that really annoys me though is that inflation will go up next month as a direct result of the increase in fuel costs which in turn are a direct result of government fuel duty increases. The politicians will then expect us to pull in our belts because there will be a rise in costs and perhaps even interest rates to off set this rise in inflation. So they tax us more and that in turn means we have to pay more for food etc and they will blame that on who ? Not themselves thats for sure. :rolleyes:

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As far as I can work out the so called green taxes in the UK produce about £ 35 billion a year of this I think fuel duty is about half, between 4 and 5 % of total tax revenues. I suspect that means that there is no real need for the fuel duty to be this high other than to promote 'green' activity. After all we are looking at a 6% reduction in tax revenues as a direct result of the last two years recession, So in recovery when the tax returns increase again halving fuel duty would be a comparatively painless thing to do.

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Trust me, some of the oil companies are crippled at the moment... that article is for shell (who incidently are paying off ALOT of people at the moment) the risk involved in survey, drilling and completing a well is massive....

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Pass me a tissue somebody..

 

 

Try saying that to the thousands that have lost thier jobs after 25 years and maybe you should try being in the position of escorting someone off location after they have been made redundant.

 

Companies are made of people....why is this any different to a builders, joiner firm going bust?

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