MSE Leaders' Debate: Petrol Prices

Former_MSE_Wendy

This thread is specifically to discuss the Petrol Prices question in the guide:

Petrol Prices: MSE Leaders' Debate

To discuss or ask a question about the guide: click reply

Peten_2

It would be great if Mr Cameron's proposals, re. petrol prices, were to achieve anything. We all know from past experience that any movement in prices is always leapfrogged by the greedy oil producers and garage forecourts charging much more than any duty or vat increase. We need massive tax increases on oil companies exccessive profits, that cannot be passed on to the consumer.

housebug

In Canada and the U.S., a drop in wholesale prices has always meant a corresponding drop at the pumps. Why is this not the case in the U.K.?

Welshwoofs

This comment from Nick Clegg attracted my attention:

"There are many people in remote and rural areas, in particular, for whom a car is completely essential – and I want to see us take up an option we have under EU law to give a rebate to those people."

To me, this is the nub of the issue. It's all very well pricing people off the roads because you want them to use public transport IF those people live in a big town or city. Those of us in rural areas have no choice but to use our cars because public transport is often either non-existant or so infrequent that it cannot be used as the choice for commuting to work.

It's good to see one party recognise the fact that rural dwellers get the bad end of the deal over and over again.

poorbutrich

I wonder when Gordon Brown last visited a petrol station, filled up the tank and had to pay with his own cash? His answer shows just how out of touch with normal people he is.

TypeR

Oil Prices ARE NOT sky high.

The horric state of the pound is our problem!

As someone who doesn't spend more then they earn or only ever uses interest free finance, I'd like to interest rates rise - low rates are what pumped up the property market, brought the banks to their knees.

I won't vote for ANYONE who advocates 'keeping rates lower for longer'

Just look at the armageddon facing the United States at the moment, all because of 'accomodative rates'

Stick the rates up - watch the pound make gains on the dollar and watch petrol prices fall.

They treat us all like idiots, is it any wonder we're in this mess - I sincerely hope we get a hung parliament, I want to see an end to spend spend spend and I want I want I want culture in the UK

Get interest rates back to a decent level, I'm tired of bailing out the 'buy now, pay later/never' generation!

On Savings Accounts, two words - Quantitative Easing, quite simply - Theft from savers, it's as simple as that! Why do you need savers money when you can just fire up the printing presses?

On Mortgages : Brown, you complete and utter fool! Have you not learned ANYTHING from the last 3 years, your promise to "not let house prices get out of control" in which you subsequntly did JUST THAT contributed to the massive property bubble that brought down the banks and you advocate keeping rates low and property prices growing - this is the reason why you should be removed from your job, you are incompetent and quite frankly f****** dangerous!

You know what, I just can't post anymore on the drivel these men are coming out with - NONE of them represent my views or address my concerns - and that is why I will cast my vote in such a manor that I will contribute to the hung parliament these morons are so scared of.

God they infuriate me!

Hintza

Peten wrote: »

We need massive tax increases on oil companies exccessive profits, that cannot be passed on to the consumer.

That reply shows you are not really in touch with the global economy!

If we do as you propose how long will oil companies stay in the UK and if you tax them to highly that will affect future exploration etc.

DeskBob

My pay has not gone up for the last 3 years, the distance I have to travel hasn't shrunk, public transport is out of the question and yet I'm still expected to put up with increases in fuel duty "to save the planet".
The bank doesn't want to give me a mortgage even though I saved it from going bust with my taxes.
Putting my soap box away now before I go any further >:o(

I-LOV-MONEY

The biggest con recently was when the rate of VAT was reduced at the end of 2008, the Government added an extra fuel tax so that we wouldn't benefit from this reduction. When the rate of VAT was returned, the extra tax was kept on - surely this should have been taken off ?

Mr Cameron says he will maintain the level of the price of petrol. At what price? 120p ? I presume he will not remove any tax from the current price.

Weirdlittleman

The fact is the only way petrol prices will fall is the reduction of fuel duty, There is absolutely no chance any politician will do this.

Petrol prices will always be on an upwards spiral although they will fluctuate as the wholesale and currency rates do by a few pence.

Anyone who thinks protests, petitions or any politician will do anything at all about this is extremely naive.

It's also all well saying prices won't go up when it is at a record high of £1.20 (ish) as in time that will drop back a little bit as the wholesale and currency prices drop and still leave room for a few pence duty to be added to bring it back to £1.20

serafin13

One solution is to-
greatly reduce the fuel tax, and
charge a duty excess of £200 on a second car in a household,
£300 on a third car and so forth.

We need to use cycling, buses, and greater use of single family cars to REDUCE the number of vehicles on the road.