MSE News: Petrol prices rise beyond 140p again

mad_despot

The oil price has dropped lately, but so has the pound against the US dollar, which is what oil is priced in :doh:.

bbc.co.uk/news/business/market_data/currency/11/12/three_month.stm

motorguy

fortgrange wrote: »

The price has been so high for so long I'm surprised these things even make the news anymore.

The government is skint, fuel is one of the easiest ways of raising revenue. If the whole nation changed their car tomorrow for one that was twice as economical, the price of petrol would double overnight!!

And thats whats been happening over the last number of years - cars have been becoming more economical so fuel tax revenue is actually DOWN

redux

motorguy wrote: »

And thats whats been happening over the last number of years - cars have been becoming more economical so fuel tax revenue is actually DOWN

Cars are not becoming more economical at anything like the rate the published mpg figures suggest.

Apparently manufacturers have been using non-homologated modifications while testing, such as extra streamlining, taping up bodywork gaps, disconnecting the alternator (which would be ironic on a stop-start car as the battery will go flat even faster) and running non-treaded (bald or slick) tyres at high pressures to cut rolling resistance

So the shortfall between claimed consumption and the real world has increased from 7 or 8 per cent to about 23 per cent

The main reason revenue is down is people are buying a lot less

Crabman

Gra76 wrote: »

I'd quite happily see the same demonstrations that we had when it was approaching £1 a litre.

Instead we're just bending over and accepting the inevitability that it'll rise and rise. I'm flushing between £300 and £400 a month down the toilet on fuel at the moment (and then there's the wifes car on top of that as well).

When it hits £2 a litre (in a few years the way it's going) will we still be happy about it?

The sheeple will be happy - it'll be something to moan about on facebook/twitter.

Bearing in mind that the OFT thinks the UK petrol [STRIKE]cartel[/STRIKE] market is working "well" nothing will change.

Randy

I was watching a repeat of Jonathan Creek from 1999 last night, a woman went into a petrol station and it was 69p a litre :eek:

andygb

Randy wrote: »

I was watching a repeat of Jonathan Creek from 1999 last night, a woman went into a petrol station and it was 69p a litre :eek:

Petrol prices are around £2.00 a gallon (that is 44p a litre:eek:) in California at the moment

http://www.californiagasprices.com/

We are being shafted, left right and centre in the UK.

forgotmyname

£2.73 +

A US galon is less than a UK one. 3.78 litres

60p a litre. Under half what we pay.

jaydeeuk1

andygb wrote: »

Petrol prices are around £2.00 a gallon (that is 44p a litre:eek:) in California at the moment

http://www.californiagasprices.com/

We are being shafted, left right and centre in the UK.

Probably explains why california is going bankrupt then.

Also the UK gives for free what America doesn't, like NHS which isn't cheap, esp with all these health tourists, and I doubt their benefit system pays as well as ours. On BBC some poor woman is complaining that she'll only receive £500 a week tax free. Thats more than my wife bought home when she worked full time as a teacher, and now she's working part time, is still more than our annual salaries combined.

So, yes we are being shafted, just not by the people you think.