MSE News: AA – petrol hits record high

Former_MSE_Guy

This is the discussion thread for the following MSE News Story:

"The average price has risen from last week's record figure of 121.76p a litre to 122.14p, it was revealed today ..."

Read the full story:
AA: petrol hits record high

hubert_cumberdale

i wish i could get it for 1.22

im paying 1.29 but i dont think that really that bad
i challenge someone to get a litre of petrol out the ground and deliver it to me for £1.29

mrbadexample

hubert_cumberdale wrote: »

i wish i could get it for 1.22

im paying 1.29 but i dont think that really that bad
i challenge someone to get a litre of petrol out the ground and deliver it to me for £1.29

Well, people are doing it, and making an inordinate amount of profit doing so. How else do you think you get it?

hubert_cumberdale

thats not what really what i meant

i was implying theres not a lot to moan about as technically its cheap

if i gave you £1.29p you wouldnt be able to get me oil from the ground, refine it, package it, ship it etc so petrol is cheap as far as im concerned

Gene_Hunt_2

mrbadexample wrote: »

Well, people are doing it, and making an inordinate amount of profit doing so. How else do you think you get it?

The only inordinate amount of profit on petrol comes from taxes. The actulal garages only make a few pence per litre.

hubert_cumberdale

how ever if the tax wasnt on the petrol it would be on other stuff

at least on the petrol its a pay as you go tax rather than just wacking it on everyones salarys, water, electric etc

Gordon_Hose

Can't wait for the VAT increase.

Not.

iolanthe07

It is still 118.9p here in Plymouth.

oldagetraveller

Ah, the price increase has "been revealed" has it?
So we're being told what we already know by visiting to buy or passing petrol stations with big signs ouside displaying the prices?
Not exactly a "news" story is it?

Bloomberg

hubert_cumberdale wrote: »

i wish i could get it for 1.22

im paying 1.29 but i dont think that really that bad
i challenge someone to get a litre of petrol out the ground and deliver it to me for £1.29

The big oil companies have surmounted your challenge as they are willing to offer petrol on the forecourt for under 50p a litre. The lions share of what you are paying at the pump is tax.

esmerobbo

Bloomberg wrote: »

. The lions share of what you are paying at the pump is tax.

With another 2.5% next week.