Can someone who is cleverer than me please explain to me why with the price of a barrel of crude oil at the same levels as 2 years ago we are paying about 40p more per litre than 2 years ago, it can't be all tax! 2005 Zambezi TDV6 - Gone but not forgotten
2009 Alaska TDV8 - Gone and much missed.



WINNER - 2009 �Idler Of The Year� Award
Runner Up - 2009 �Just Doing What It�s Designed To Do� Award


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Very Annoyed wrote:

… it can't be all tax!

according to the table on this page:

http://www.candidmoney.com/articles/article186.aspx

since january 2009:
• a barrel of oil has doubled in price
• excise duty has gone up from about 52p to about 59p a litre
• VAT has gone up from 15% to 20%

one conclusion seems to be that the oil companies are milking it.

although the government still takes about 80p of a £1.30 litre of fuel.

http://www.petrolprices.com/price-of-petrol.html

so blame the government but buy shares in oil companies.

Why do all other EU countries charge less for diesel compared to unleaded? I was under the impression that diesel was in greater demand nowadays and hence the fact it costs more than unleaded - doesn't seem to be the case in France, Germany, Holland etc. Another rip off? 2005 Zambezi TDV6 - Gone but not forgotten
2009 Alaska TDV8 - Gone and much missed.



WINNER - 2009 �Idler Of The Year� Award
Runner Up - 2009 �Just Doing What It�s Designed To Do� Award


DO NOT CLICK HERE!

If you look for logical answers in the way our country operates you will hurt your head

My head hurts! 2005 Zambezi TDV6 - Gone but not forgotten
2009 Alaska TDV8 - Gone and much missed.



WINNER - 2009 �Idler Of The Year� Award
Runner Up - 2009 �Just Doing What It�s Designed To Do� Award


DO NOT CLICK HERE!

Very Annoyed wrote:

Can someone who is cleverer than me please explain to me why with the price of a barrel of crude oil at the same levels as 2 years ago we are paying about 40p more per litre than 2 years ago, it can't be all tax!

As I see it the actual cost of the fuel is not too relevant. Its mainly TAX.
In fact not only do we have to pay fuel tax but we also have to pay VAT on the fuel tax. So we are taxed for paying tax. Criminal.

It is mainly tax.

Who gets what? http://www.petrolprices.com/price-of-petrol.html

Oil goes up prices go up, you get used to paying it, the oil companies know that, oil goes down, they fluctuate a few pence to keep you relatively sweet, oil goes back up they hike it and so on......

Diesel always used to be cheaper here until the rise in diesel popularity - demand went up, they saw the opportunity and price went with demand - most other things in life go down with increased demand and production .... except fuel

And the worst of it is that it's predicted to increase pump prices to £8 per Gallon for unleaded
That's £1.76 per litre!!!..... Oh joy  2013 Discovery HSE Luxury - 3.0 SDV6 - Santorini Black
2013 Evoque 5 Door Pure Tech SD4 - Orkney Grey with Panoramic Roof (Mrs E's new baby)

GONE - RRS - 3.0 TDV6 HSE - Santorini (2010)
GONE - RRS - 2.7 TDV6 HSE - Java Black (2007)
GONE - Porsche Boxster S - 3.2 - Black

With regards Diesel being cheaper...............not in all places, the prices have now sneaked up.........
http://www.drive-alive.co.uk/fuel_prices_europe.html

We have had years of being robbed through car use etc, only now are people thinking oh F k.............if we had all stood together 10 years ago to get rid of the ridiculous escalator and forced the Dick Turpin taxes down instead of being spineless as the British are in this situations, then fuel would be below £1 per litre still............

All the emphasis to get Osbourne to scrap the 1p hike due in April is beyond belief..............if we were talking 20p then all good and well, its all too little and very much too late.

Its time to wake up to £1.50+ litre fuel, it will never be cheap again.  L322 Big Daddy SUPERCHARGED 5.0 Autobiography - Here & Now!

5 series for the miles

RRS S/C factory built HST - Gone

45 others have been and gone!

Remember the 1p hike due is On top of the inflation rise so will be 4p or 5p!! Born free, taxed to death.

DSL wrote:

Remember the 1p hike due is On top of the inflation rise so will be 4p or 5p!! Born free, taxed to death.

Good point, oh how we forget about these things  L322 Big Daddy SUPERCHARGED 5.0 Autobiography - Here & Now!

5 series for the miles

RRS S/C factory built HST - Gone

45 others have been and gone!

Glad to cheer y'all up!

im not sure those figures can be correct. In Dubai we pay about 29p a litre, thats a lot less than what there saying the oil companies get , unless the rest of the cost is shipping ??

So glad i done live in th UK anymore  2006 RRS Supercharged
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Larini exhaust System
ECU remap
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