Why Rip Us Off At A Time Like This Mr. Brown. Oil Has Halved In Price..
 

In may this year I spent some time in the USA and laughed at the people groaning that petrol was nearly $4. per GALLON. I soon made them feel better when I told them what we were paying since the rise in the price of crude oil. NOW THAT THE PRICE OF CRUDE HAS HALVED, WHY HAS THE COST DROPPED BY JUST A FEW PENNIES. The oil companies are anouncing record profits and is their any wonder.

Get this though I am in the USA now and the cost of fuel has halved overnight to $1.91. pere gallon. We are told the best way out of a recession is to get people spending not to make it impossible to live a normal life, as the cost of fuel is doing for a lot of people, The car industry is laying off workers they cant sell new cars and the cost of road haulage is now a joke. Come on GORDON BROWN and your LITTLE DARLING> CUT THE COST OF FUEL TO ALLOW PEOPLE TO LIVE AND USE THEIR CARS. Let the haulage people get on with the excellent work they do. AND lets get the country moving again. We are sick of being RIPPED OFF>

Re: Why Rip Us Off At A Time Like This Mr. Brown. Oil Has Halved In Price..
 

How much has the price of gas dropped in England? In Kingston, from a high of $1.35 a litre to about 74.5 cents ... which is only reasonable, given the drop in price of a barrel of crude.

Re: Why Rip Us Off At A Time Like This Mr. Brown. Oil Has Halved In Price..
 

The price decrease is less obvious here... because we have to pay massive taxation on the fuel. :/

Re: Why Rip Us Off At A Time Like This Mr. Brown. Oil Has Halved In Price..
 

whilst i am never happy with "taxation" i'm reasonably happy with the price at the pumps now.

Re: Why Rip Us Off At A Time Like This Mr. Brown. Oil Has Halved In Price..
 

I'm not. I think we are still being ripped off!

Re: Why Rip Us Off At A Time Like This Mr. Brown. Oil Has Halved In Price..
 

As I don't drive now the price at the pump doesn't affect me in that way, but it does affect other essentials, such as food and especially gas and Leckie, but asking messages Brown and Darling to cut fuel tax will always fall on stony ground, they don't pay for their own petrol anyway

Re: Why Rip Us Off At A Time Like This Mr. Brown. Oil Has Halved In Price..
 

yeh but unless ive been living in "La La Land, british fuel prices have ALWAYS been higher than other countries (due to high taxation) did the opposition do this in the last recession? so to me, much as i dislike high taxes, it makes no difference who is in power, it will always be so, also think its pathetic trying to score cheap political points oer summat that happens whatever party is in. but if that floats yer boats carry on saddos.:rolleyes:

Re: Why Rip Us Off At A Time Like This Mr. Brown. Oil Has Halved In Price..
 

Can't see that anyone is trying to score political pionts here, but sorry to have to say mate, that anyone who is happy with the price of fuel in the UK, with the effect it is having on the Industrial side as well as the man on thr street, is most definately living in CLOUD CUCKOO LAND,

Re: Why Rip Us Off At A Time Like This Mr. Brown. Oil Has Halved In Price..
 

aint happy with the price, but accept thats the way it is here whoever is in power, so no good bitching about it, thats life, hope weathers better oer yon mate, its crap here.:D

Re: Why Rip Us Off At A Time Like This Mr. Brown. Oil Has Halved In Price..
 

the oil companies put the price of petrol up when they had to pay more .... so now they are paying less why cant they lower the price .... the taxation on petrol is the same it was before it went up so why ask the government to lower the tax ... its the petrol companies that set the price

Re: Why Rip Us Off At A Time Like This Mr. Brown. Oil Has Halved In Price..
 

i know that, n i'm in CLOUD CUCKOO LAND.:D

Re: Why Rip Us Off At A Time Like This Mr. Brown. Oil Has Halved In Price..
 

my piont exactly shilleleagh.

Re: Why Rip Us Off At A Time Like This Mr. Brown. Oil Has Halved In Price..
 

i must be missin summat here.:confused: whilst we know fuel prices in the uk are high because of taxation, ya seemed to be on Browns case, yet agree with jen that its the petrol companies, beam me up scotty.:D

Re: Why Rip Us Off At A Time Like This Mr. Brown. Oil Has Halved In Price..
 

I'll try again for the last time.For every £1 spent on petrol 20p is shared between-The garage owner-The employee-the council-the gas,electric and water boards-the PRS-The tanker driver-the haulage firm-the refinery etc.
The other 80p goes to the government.:bangh8::bangh8:

Re: Why Rip Us Off At A Time Like This Mr. Brown. Oil Has Halved In Price..
 

It's actually 74.8p to the government and 25.2p shared among the people who make and sell it for Asda (based on Asda's current price of 92.9p/litre). The proportion varies depending on the price, but the cheaper it gets, the more it benefits the government as opposed to the manufacturer & retailer.

Any supplier who sells it for more than 92.9p per litre is giving less per pound spent to the government.

The price needs to come down to 85.5p per litre before the government is picking up 80p in the pound.

When it peaked at £1.30 a litre, the government's take was 75p per litre, or 57.7p in the pound.

Re: Why Rip Us Off At A Time Like This Mr. Brown. Oil Has Halved In Price..
 

I don't have a political bone in my body! I just know that petrol is so expensive in this country that lots of people, me included, can not use my car as often as I would like to because of the cost.
Green issues are a different issue, and I try not to use my car because of that too, but dont want to go off topic.

Re: Why Rip Us Off At A Time Like This Mr. Brown. Oil Has Halved In Price..
 

Near enough.

Re: Why Rip Us Off At A Time Like This Mr. Brown. Oil Has Halved In Price..
 

Keep up cashy Taxation is a percentage of the cost price... THEREFORE... Higher COST... more TAX>>>

Re: Why Rip Us Off At A Time Like This Mr. Brown. Oil Has Halved In Price..
 

Right so now it is lower cost, does that not equal less tax:confused:

Re: Why Rip Us Off At A Time Like This Mr. Brown. Oil Has Halved In Price..
 

The duty remains the same,but as we pay VAT on duty in this country the VAT receipts will be less.
Seems we have to pay Tax on Duty:jimbo:

Re: Why Rip Us Off At A Time Like This Mr. Brown. Oil Has Halved In Price..
 

VAT is yes but the fuel duty is fixed at a price per litre. If the price goes up the Government get more in VAT but the same in fuel duty per litre

Re: Why Rip Us Off At A Time Like This Mr. Brown. Oil Has Halved In Price..
 

Don't think were getting through.:bangh8:

Re: Why Rip Us Off At A Time Like This Mr. Brown. Oil Has Halved In Price..
 

Fuel is one of the few things where tax is not a percentage of the cost. That's the point Neil & Benipete want to make.

Fuel duty is a fixed amount per litre. Of the rest, the manufacture is probably a fairly constant cost. The crude oil varies in price, but as that's a fairly small component of the pump price, variations in the price of crude do not have a like-for-like effect on the pump cost.

Then there's VAT on the lot, but there's VAT on pretty much everything.

Re: Why Rip Us Off At A Time Like This Mr. Brown. Oil Has Halved In Price..
 

Does anyone know the ratio between crude oil and petrol?

I.E. 1 Gall of crude = x Gall. of petrol. Seems to be a closely guarded secret along with all the other bi-products.:confused::confused:

Re: Why Rip Us Off At A Time Like This Mr. Brown. Oil Has Halved In Price..
 

from Gasoline - Wikipedia, the free encyclopedia

Re: Why Rip Us Off At A Time Like This Mr. Brown. Oil Has Halved In Price..
 

i'm gonna sell tickets fer this un,:D thats keeping up aint it Fireman?

Re: Why Rip Us Off At A Time Like This Mr. Brown. Oil Has Halved In Price..
 

Filled up my car today and it was 91p a litre - few months ago it was £1.10 at least.