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Are we being double whammed on fuel prices?

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  • Thanks for your input everyone. As expected, this is a popular subject and it was interesting to see the prices variances across the country. I was in Aylesbury the other day and it was £1.32 per litre.

    Thanks for the link too which clearly shows that the government are taking a significant chunk out of my pocket everytime I fill up, especially as they are adding VAT onto the fuel duty!!!!

    What I was actually trying to establish with the double whammy suggestion is whether the fuel companies are creaming more profit as well. I'm not convinced that as the crude oil prices come down that the fuel comes down at the same rate as the fuel prices seem to have been going up and up yet the crude prices have been fluctuating. The same rip off scam that the gas and electric companies use.

    As for what we can do... As far as the government duty is concerned, I'm not sure... It seems successive governments like this cash cow so short of a revolution I'm not sure. If the companies however are ripping us off then it's pretty simple. Everyone buy their fuel off one supplier. That means that the others will have to react to the loss of business by dropping prices. Use this as a strategy often enough and it'll keep the prices in check without people have to go to the extremes of blockades, protests and run the risk associated. This capitalist free market economy is pretty good when you know how it works and what the collective can do when we all work together.
  • Lum
    Lum Posts: 6,460 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    Kind of hard to boycott a supplier when the oil companies work so close together. Eg BP petrol in the North West is actually made by Shell.


    Cost me 90 quid to fill up the Mondeo earlier this week. 90 bloody quid! I remember 10 years ago when my dad bought a gas guzzling 4.3 litre Jag and moaned about it costing that much to fill the enormous tank.
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