Petol prices - why no action this time?
07 November 2007 | 11:22 PM
#61
Scooby Regular
Joined: Jun 2000
Posts: 32,398
Likes: 1
From: Old Codgers Home
07 November 2007 | 11:26 PM
#62
Scooby Regular
Joined: Jun 2005
Posts: 8,222
Likes: 0
From: Type 25. Build No.34
07 November 2007 | 11:36 PM
#63
People will put up with it so long as they feel 'rich'. At the moment people will accept a few pence on fuel as long as their house goes up by £20k this year, and the next, and the year after (they wont do for much longer)
However, I think this is misdirected at the oil companies, the likes of BP would like to pump as much fuel as they can at the current price - its worth a fortune to them to sell it at record highs. Its opec who control supply, they set fixed limits on how many barrels a day may be delivered and revise this from time to time.
Ultimately its purely supply and demand, the oil markets are traded electronically these days to a worldwide marketplace and the current price simply reflect a growing demand with very little increase in supply.
That does not excuse what our government are/have been doing for years, at £1/litre 65.3p goes to the government. That would be acceptable to me if it was being put into alternative fuel research but it simply is not.
Instead of moaning about the fuel price I'd favour bullying the government into making grants available to private industry to research and develope alternative fuel.
We might even get an industry in the UK by doing this instead of having half of the country on the public payroll dreaming up new ways of wasting the private sectors money or on out of work benefits.
If push comes to shove its better in my opinion to run a hydrogen generation plant turning water into hydrogen off a nuclear power station than to carry on with this oil importing, it will cripple our economy if the price continues to rise.
However, I think this is misdirected at the oil companies, the likes of BP would like to pump as much fuel as they can at the current price - its worth a fortune to them to sell it at record highs. Its opec who control supply, they set fixed limits on how many barrels a day may be delivered and revise this from time to time.
Ultimately its purely supply and demand, the oil markets are traded electronically these days to a worldwide marketplace and the current price simply reflect a growing demand with very little increase in supply.
That does not excuse what our government are/have been doing for years, at £1/litre 65.3p goes to the government. That would be acceptable to me if it was being put into alternative fuel research but it simply is not.
Instead of moaning about the fuel price I'd favour bullying the government into making grants available to private industry to research and develope alternative fuel.
We might even get an industry in the UK by doing this instead of having half of the country on the public payroll dreaming up new ways of wasting the private sectors money or on out of work benefits.
If push comes to shove its better in my opinion to run a hydrogen generation plant turning water into hydrogen off a nuclear power station than to carry on with this oil importing, it will cripple our economy if the price continues to rise.
What p1sses me off is that if you look at alternative forms of transport (trains for example), you still get fleeced. It costs £13.20 a day for a zone 1-6 travel card in London. I can't buy a weekly one, because I work in the office some days and on-site other days. So I'm fooked either way
I want to see a breakdown on where the tax money goes. Do they p1ss it all up a wall, or is it spent on decent things? The former I think! They probably have it in a savings account ready for some money wasting scheme like ID cards.
07 November 2007 | 11:41 PM
#64
The government take taxes to pay for hospitals, the elderly, children and Education - they pay to defend us, to keep us safe and to stop the rule of the jungle being king .....
It all costs money, lets cut petrol tax by 10p a litre - and add 2% to the tax rate?
Where would you rather be taxed, if not through fuel?
It all costs money, lets cut petrol tax by 10p a litre - and add 2% to the tax rate?
Where would you rather be taxed, if not through fuel?
07 November 2007 | 11:48 PM
#65
Scooby Regular
Joined: Sep 2007
Posts: 53
Likes: 0
From: The Essex countryside
When you see daily increases in prices at the Supermarkets, they're profiteering! Do you really think they buy their petrol on a daily basis i.e. "oh dear £ per barrel went up x amount yesterday so we have to raise our price now?" They buy their petrol well in advance by hedging prices with the oil companies, at a guess, we're using petrol today that they bought at an agreed price 3 or even 6 months ago.
Yes, if the price of a barrel keeps rising then they will have to pay a higher price eventually but certainly not immediately.
M.
Yes, if the price of a barrel keeps rising then they will have to pay a higher price eventually but certainly not immediately.
M.
07 November 2007 | 11:56 PM
#66
Scooby Regular
Joined: Jun 2000
Posts: 32,398
Likes: 1
From: Old Codgers Home
08 November 2007 | 12:09 AM
#68
Scooby Regular
Joined: Jun 2005
Posts: 8,222
Likes: 0
From: Type 25. Build No.34
08 November 2007 | 12:10 AM
#69
Scooby Regular
Joined: Jun 2000
Posts: 32,398
Likes: 1
From: Old Codgers Home
08 November 2007 | 12:16 AM
#70
Scooby Regular
Joined: Sep 2003
Posts: 850
Likes: 0
From: poole
PIPELINE CARD.
I got an E Mail off Ben last week to say that the "Latest Petrol Company" to renage on a Fuel Discount Card had shafted them.
It is widely expressed on here that the Petrol Discount Card Scheme that works in Europe is a Scam etc/Con/ whatever.
If we could get enough people to sign up ( if you think it's a scam don't do it) could this actually work?
Until I have evidence to prove it is a scam, I think Ben should get our support.
I think they have over 400,000 people signed up to this & the Oil Comanies have said, get a million & you could have a deal.
What do you think, Deal Or No Deal???
Regards
Alan MaC
I got an E Mail off Ben last week to say that the "Latest Petrol Company" to renage on a Fuel Discount Card had shafted them.
It is widely expressed on here that the Petrol Discount Card Scheme that works in Europe is a Scam etc/Con/ whatever.
If we could get enough people to sign up ( if you think it's a scam don't do it) could this actually work?
Until I have evidence to prove it is a scam, I think Ben should get our support.
I think they have over 400,000 people signed up to this & the Oil Comanies have said, get a million & you could have a deal.
What do you think, Deal Or No Deal???
Regards
Alan MaC
08 November 2007 | 12:20 AM
#71
Scooby Regular
Joined: Jun 2000
Posts: 32,398
Likes: 1
From: Old Codgers Home
PIPELINE Card was always an e-mail harvesting excersise .... 50p a name, made him quite wealthy!
I never signed up as it's complete and utter bollox - world prices are world prices, end of.
I never signed up as it's complete and utter bollox - world prices are world prices, end of.
08 November 2007 | 12:21 AM
#72
Labour Party Watch: Election that never was cost Labour £1m
Martin2005 - If they can't manage their own money, why would they be any better with ours?
08 November 2007 | 12:23 AM
#73
Scooby Regular
Joined: Jun 2000
Posts: 32,398
Likes: 1
From: Old Codgers Home
Why would you care if they wasted 10 pence out of their very own bank account?
They have managed the countries accounts amazingly well since 1997, I have no reason to doubt them now. Look at how wealthy we all are now!
They have managed the countries accounts amazingly well since 1997, I have no reason to doubt them now. Look at how wealthy we all are now!
08 November 2007 | 12:27 AM
#74
Scooby Regular
Joined: Jun 2005
Posts: 8,222
Likes: 0
From: Type 25. Build No.34
Guardian
Labour Party Watch: Election that never was cost Labour £1m
Martin2005 - If they can't manage their own money, why would they be any better with ours?
Labour Party Watch: Election that never was cost Labour £1m
Martin2005 - If they can't manage their own money, why would they be any better with ours?
08 November 2007 | 12:30 AM
#75
Scooby Regular
Joined: May 2003
Posts: 2,703
Likes: 0
The exchange rate has absolutely no relevance to the current price of oil over the same period...
Exchange Rates Graph (British Pound, American Dollar)
British Pound to U.S. Dollar Exchange Rate - Yahoo! Finance
Exchange Rates Graph (British Pound, American Dollar)
British Pound to U.S. Dollar Exchange Rate - Yahoo! Finance
08 November 2007 | 12:44 AM
#76
08 November 2007 | 12:48 AM
#77
Thanks for that Pete! I pay circa £2200 on fuel per year using money already taxed & of that £2200, about £1400 is yet more tax!
TX.
TX.
08 November 2007 | 12:50 AM
#79
08 November 2007 | 08:19 AM
#80
08 November 2007 | 08:45 AM
#81
Scooby Regular
Joined: Mar 2006
Posts: 1,770
Likes: 0
From: Worcs
After I signed up for Pipeline Card.
No extra spams e mails.
If he does pull it off & we can get a discount on Super, great, still beleive innocent till proved guilty, not like what happened to that por Brazillian on the tube!
Regards.
Alan MaC
PS if you think it's ********* Unsubscribe at any time.
No extra spams e mails.
If he does pull it off & we can get a discount on Super, great, still beleive innocent till proved guilty, not like what happened to that por Brazillian on the tube!
Regards.
Alan MaC
PS if you think it's ********* Unsubscribe at any time.
08 November 2007 | 09:31 AM
#82
The government take taxes to pay for hospitals, the elderly, children and Education - they pay to defend us, to keep us safe and to stop the rule of the jungle being king .....
It all costs money, lets cut petrol tax by 10p a litre - and add 2% to the tax rate?
Where would you rather be taxed, if not through fuel?
It all costs money, lets cut petrol tax by 10p a litre - and add 2% to the tax rate?
Where would you rather be taxed, if not through fuel?
08 November 2007 | 09:53 AM
#83
Scooby Regular
Joined: Jun 2000
Posts: 32,398
Likes: 1
From: Old Codgers Home
I think you may find that hitting drivers IS practically hitting EVERYONE!
The point I am trying to make is that we have choices - we can choose whether to drive a 20mpg Gas Guzzler or we can choose to drive a small diesel. We can even choose to NOT drive at all - hence pay NO fuel duty!!
That is the very same thing as saying we can choose to pay the taxes you are all moaning about ...... you may not like it, but thats how it is. Want to pay less tax? Drive an economical car!
Want to race about in a fast car, pay for it through high fuel costs.
Choices, we all have then, don't moan when you get that choice wrong.
The point I am trying to make is that we have choices - we can choose whether to drive a 20mpg Gas Guzzler or we can choose to drive a small diesel. We can even choose to NOT drive at all - hence pay NO fuel duty!!
That is the very same thing as saying we can choose to pay the taxes you are all moaning about ...... you may not like it, but thats how it is. Want to pay less tax? Drive an economical car!
Want to race about in a fast car, pay for it through high fuel costs.
Choices, we all have then, don't moan when you get that choice wrong.
08 November 2007 | 09:53 AM
#84
Scooby Regular
Joined: Aug 1999
Posts: 939
Likes: 1
From: Isle of Sheppey, Kent - FSTi/TTR V6 DSG
Do you really think they buy their petrol on a daily basis i.e. "oh dear £ per barrel went up x amount yesterday so we have to raise our price now?" They buy their petrol well in advance by hedging prices with the oil companies, at a guess, we're using petrol today that they bought at an agreed price 3 or even 6 months ago.
Yes, if the price of a barrel keeps rising then they will have to pay a higher price eventually but certainly not immediately.
M.
Yes, if the price of a barrel keeps rising then they will have to pay a higher price eventually but certainly not immediately.
M.
You don't know what your talking about....you clearly have no idea of the internal mechanism of the oil and gas industry.
08 November 2007 | 10:00 AM
#85
Dont have a problem in summer as i have 1000cc with 135bhp and 40mpg but i am not into paying 107.9 for a litre of fuel just to keep warm in winter.
I would'nt mind paying the tax on fuel if the roads were in good condition but they are really bad in my area as for public transport all the bus's seem to do in my eyes is cause more congestion
I would'nt mind paying the tax on fuel if the roads were in good condition but they are really bad in my area as for public transport all the bus's seem to do in my eyes is cause more congestion
08 November 2007 | 10:02 AM
#86
Scooby Regular
Joined: Aug 1999
Posts: 939
Likes: 1
From: Isle of Sheppey, Kent - FSTi/TTR V6 DSG
Cough.....
North Sea platforms "shut in" on storm fears.
ConocoPhillips will carefully move as many as 600 people from five platforms in the North Sea that stand in the path of 10-metre waves expected early Friday.
"It’s the last bit of Hurricane Noel," a ConocoPhillips spokesman told Scandoil.com Wednesday, referring to the hurricane that lashed Canadian offshore installations this week. The North Sea storm remnant was named Andrea.
"This is not a situation we feel to be dramatic," he added, suggesting the transfer of crews to "higher platforms" implied no panic. The Eldfisk Alpha, Bravo and Ekofisk Alpha, Bravo and Charlie platforms, together the work sites of some 1,400 people, will be cleared of personnel in three stages, with between 100 and 300 in each evacuee group. Production will also be shut in.
StatoilHydro too confirmed late Tuesday night that evacuations had started ahead of "Noel’s" arrival.
ConocoPhillips will carefully move as many as 600 people from five platforms in the North Sea that stand in the path of 10-metre waves expected early Friday.
"It’s the last bit of Hurricane Noel," a ConocoPhillips spokesman told Scandoil.com Wednesday, referring to the hurricane that lashed Canadian offshore installations this week. The North Sea storm remnant was named Andrea.
"This is not a situation we feel to be dramatic," he added, suggesting the transfer of crews to "higher platforms" implied no panic. The Eldfisk Alpha, Bravo and Ekofisk Alpha, Bravo and Charlie platforms, together the work sites of some 1,400 people, will be cleared of personnel in three stages, with between 100 and 300 in each evacuee group. Production will also be shut in.
StatoilHydro too confirmed late Tuesday night that evacuations had started ahead of "Noel’s" arrival.
08 November 2007 | 11:28 AM
#87
Too true - In the past 18 months, the £ has risen from around $1.44 to $2.10 - ie it buys nearly 50% more. Since oil is priced in dollars, this equates to a drop of around a third in what we pay per barrel if we pay in £s - more than enough to offset the recent rise in world oil prices. This in turn means that we shouldn't be paying any more at all at the pumps, but of course, we are and somebody is literally raking it in.
I live and work in a very rural area; I try not to use my car for short journeys (I'll walk or cycle for journeys under a couple of miles). But my nearest big town and shops is 24 miles away. There's one bus a day from here to Hexham and half the time it doesn't turn up. People here absolutely HAVE to rely on cars for getting around. These recent fuel price increases are seriously impacting on some people's livelihoods around here. I'm fortunate in that I work from home a lot and earn a decent income. But I can fast see the day approaching when travelling around the UK becomes something only the rich can afford to do - just like it used to be 100 years ago
08 November 2007 | 11:49 AM
#88
Scooby Regular
Joined: Jun 2005
Posts: 8,222
Likes: 0
From: Type 25. Build No.34
Too true - In the past 18 months, the £ has risen from around $1.44 to $2.10 - ie it buys nearly 50% more. Since oil is priced in dollars, this equates to a drop of around a third in what we pay per barrel if we pay in £s - more than enough to offset the recent rise in world oil prices. This in turn means that we shouldn't be paying any more at all at the pumps, but of course, we are and somebody is literally raking it in.
I live and work in a very rural area; I try not to use my car for short journeys (I'll walk or cycle for journeys under a couple of miles). But my nearest big town and shops is 24 miles away. There's one bus a day from here to Hexham and half the time it doesn't turn up. People here absolutely HAVE to rely on cars for getting around. These recent fuel price increases are seriously impacting on some people's livelihoods around here. I'm fortunate in that I work from home a lot and earn a decent income. But I can fast see the day approaching when travelling around the UK becomes something only the rich can afford to do - just like it used to be 100 years ago
I live and work in a very rural area; I try not to use my car for short journeys (I'll walk or cycle for journeys under a couple of miles). But my nearest big town and shops is 24 miles away. There's one bus a day from here to Hexham and half the time it doesn't turn up. People here absolutely HAVE to rely on cars for getting around. These recent fuel price increases are seriously impacting on some people's livelihoods around here. I'm fortunate in that I work from home a lot and earn a decent income. But I can fast see the day approaching when travelling around the UK becomes something only the rich can afford to do - just like it used to be 100 years ago
Do the math, it's more expensive now than before, despite the exchange rate
08 November 2007 | 12:11 PM
#89
I think you may find that hitting drivers IS practically hitting EVERYONE!
The point I am trying to make is that we have choices - we can choose whether to drive a 20mpg Gas Guzzler or we can choose to drive a small diesel. We can even choose to NOT drive at all - hence pay NO fuel duty!!
That is the very same thing as saying we can choose to pay the taxes you are all moaning about ...... you may not like it, but thats how it is. Want to pay less tax? Drive an economical car!
Want to race about in a fast car, pay for it through high fuel costs.
Choices, we all have then, don't moan when you get that choice wrong.
The point I am trying to make is that we have choices - we can choose whether to drive a 20mpg Gas Guzzler or we can choose to drive a small diesel. We can even choose to NOT drive at all - hence pay NO fuel duty!!
That is the very same thing as saying we can choose to pay the taxes you are all moaning about ...... you may not like it, but thats how it is. Want to pay less tax? Drive an economical car!
Want to race about in a fast car, pay for it through high fuel costs.
Choices, we all have then, don't moan when you get that choice wrong.
Most of the time i can get decent fuel economy (high 20s) because i don't always feel the need to race my car (bit like yourself
)If i choose not to drive then i have to leave about 1 and a half hours before work start because of the poor public transport ,if it was better i would use it more often but no political party seems that bothered about improving it.
08 November 2007 | 12:22 PM
#90
Two years ago the average oil price was $50 per barrel - you do the maths
Last edited by lunar tick; 08 November 2007 at 12:24 PM.