Quote:
Originally Posted by Lee
I dont like paying inflated prices for oil etc and it is the government who are shafting us. Oil has not increase by 30% since christmas but the price at the pump has  |
Yet in that time the government hasn't put up the fuel duty at all, so that points the blame in the direction of the fuel companies and especially the fuel speculators - so why is everyone screaming at the government about the rising cost of fuel? No one seems to be shouting about the government doing something about the rising cost of groceries.
We are paying around the same amount of tax on fuel as they do in Germany, Finland, Belgium, but not as much as Sweden.
Quote:
Originally Posted by Alfonzo
The vast majority of the price of petrol is TAX. That is the governments depmartment, not the oil companies. So the government is where efforts would have to be focused, perhaps banning Futures Trading on petroleum.
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Currently 53.65 pence of a litre of unleaded is fuel duty, so currently less than half the price we pay. Usually the vat is added to that to give a much higher figure to throw at the government but we pay vat on most things, no one moans about paying 17.5% vat on TVs, DVDs, the car you put the fuel in, etc. so although over half WAS duty thanks to the oil companies (and OPEC can't/won't supply the demand) duty is no longer over half what we pay at the pump.
Why does this country always scream at the government to do something instead of doing something themselves? If you don't like the cost of fuel get a more economical car.
I had a job which meant a 300 mile per week journey and a big sports coupe that was lucky to manage 25 mpg. I did the sensible thing and swapped it for a little diesel that did 60mpg instead. Now I'm working nearer home I've swapped it for something with a big engine again as I can afford to run it. It's not economical but if fuel prices keep on going up I'll swap it for something cheaper to run, not sit and moan about how expensive it is.
And voting out Labour won't help, it was the Tories before them that pushed duty up so high in the first place. If labour hadn't abandoned the tories fuel escalator policy we would be paying at least another 20p per litre.