Obscene petrol prices

codprawn · 27 April 2006, 12:01

http://news.bbc.co.uk/1/hi/business/4950680.stm

It is really starting to hurt now!!!

NOT off topic because most of our RIBS are outboard powered.

To think without tax it would be 38p per litre - I could quite happily live with that!!!

Time for more fuel protests I hope.....

mdt · 27 April 2006, 12:20

It is not totally with out hope look what the AA say "With a bit of thought and a lighter foot on the accelerator, a 10% reduction is achievable."

Mind you they do not say what sort of saving you can get with a lighter hand on the throttle?? Bet a RIB at displacement speed is nice and economical… oh that will be good fun on the bank holiday weekend.

The problem is we don’t protest properly need to take some hints of the French. Now there is a population that can protest.

Hugh Jardon · 27 April 2006, 12:35

and it is always very comforting to know that the oil companies are posting record profits...................something does not smell right

Tim M · 27 April 2006, 12:59

Filled up my car yesterday on the A3: 99.9p a litre!!! (for diesel). Same at all the filling stations on that road.

Might start diluting the diesel with a few litres of veg oil.....

ADS · 27 April 2006, 13:58

Quote:

Originally Posted by Tim M

Filled up my car yesterday on the A3: 99.9p a litre!!! (for diesel). Same at all the filling stations on that road.

Might start diluting the diesel with a few litres of veg oil.....

And thats running an economical Astra Diesel, can't wait till you start running that 115 Tim

Sorry couldn't resist!

fjarvis · 27 April 2006, 14:20

Does seem a bit unfair that as a pleasure boat user you can get duty-free diesel (50p/litre at my marina) but not duty-free petrol

DJL · 27 April 2006, 14:20

Glad my Diesel gets 50mpg - makes up for what the boat uses..

Simon B · 27 April 2006, 14:35

So thats about $6:80 per U.S. gallon, any of you U.S. chaps out there? How much is it a gallon so we can see what that is er litre.

Now obviously oil companies are making record profits but most of the price here is tax but you never hear the government telling you how much there Q1 profits from fule have been.

DJL · 27 April 2006, 14:39

Quote:

Originally Posted by Simon B

So thats about $6:80 per U.S. gallon, any of you U.S. chaps out there? How much is it a gallon so we can see what that is er litre.

Less that $4 a gallon (Was watching Fox News for a laugh the other day) - so less than 60p/l.

codprawn · 27 April 2006, 15:36

Quote:

Originally Posted by Hugh Jardon

and it is always very comforting to know that the oil companies are posting record profits...................something does not smell right

The oil companies deserve it though - they have to find the stuff - get it out of the ground - refine it - distribute it - and they also have to pay tax = then petrol stations have to make a profit.

Even if petrol was FREE we would still be paying 69p per litre - and that is NOT counting the taxes on the oil companies - remove ALL taxes and even with the high oil price petrol would be about 28p per litre!!!

slimtim · 27 April 2006, 15:36

Daniel, you got a new car as well?!!

It was usually less than $3 a gallon in new york when I went a couple of weeks ago! Most of their trucks have an engine the size of a house regardless of the job the truck has to do.

codprawn · 27 April 2006, 15:36

Current price unleaded in Dubai - 28p per litre!!!

Hugh Jardon · 27 April 2006, 15:44

Quote:

Originally Posted by codprawn

The oil companies deserve it though - they have to find the stuff - get it out of the ground - refine it - distribute it - and they also have to pay tax = then petrol stations have to make a profit.

Even if petrol was FREE we would still be paying 69p per litre - and that is NOT counting the taxes on the oil companies - remove ALL taxes and even with the high oil price petrol would be about 28p per litre!!!

fech off!.........the oil companies say......oil is a high price because of demand and supply, petrol has to be expensive because of high oil prices.......so we the consumers have to pay more.........so how is it that oil companies are posting profits higher than ever, they are getting toooo greedy, they should reduce their profits and lower the price to a level that gives them a reasonalby acceptable profit and keep it at that....

DJL · 27 April 2006, 15:59

Quote:

Originally Posted by slimtim

Daniel, you got a new car as well?!!

Was parked in Southampton a few weeks back while out for a curry. Some idiot came round the corner in his BMW 3 series and wrote off my car and a couple of others - apparently trying to avoid a cyclist. So now I have a nice new 55 plate 2.0l diesel Focus Ghia

codprawn · 27 April 2006, 16:09

Quote:

Originally Posted by Hugh Jardon

fech off!.........the oil companies say......oil is a high price because of demand and supply, petrol has to be expensive because of high oil prices.......so we the consumers have to pay more.........so how is it that oil companies are posting profits higher than ever, they are getting toooo greedy, they should reduce their profits and lower the price to a level that gives them a reasonalby acceptable profit and keep it at that....

Right assume the oil companies are a charity - they give it to us FREE - we STILL pay 70p per litre!!!

Are you sure it is the oil companies ripping us off???

Tim M · 27 April 2006, 16:42

That's still 30p a litre less than we're paying at the moment. I'd be happy with that!

gavin · 27 April 2006, 16:59

Crusading in Middle East, and Sabre Rattling, and fueling 2 wars thats why we are paying tro the nose

Scary Des · 27 April 2006, 19:03

Codders have you ever put any fuel in your boat

codprawn · 27 April 2006, 19:05

Quote:

Originally Posted by gavin

Crusading in Middle East, and Sabre Rattling, and fueling 2 wars thats why we are paying tro the nose

Couldn't agree more - oil WAS $14 a barrel before Bush and Blair started their nonsense - now it's over $70,

And who is suffering the most? The USA and Britain - nice one Mr Bush - the Iranians and the Russians are loving it - an extra $25 billion in revenue EACH - wonder what they will do with the money......

Alan · 27 April 2006, 19:05

Quote:

Originally Posted by gavin

Crusading in Middle East, and Sabre Rattling, and fueling 2 wars thats why we are paying tro the nose

And because the exponential growth in the Chinese and Indian economies, particularly in the ability of a middle class to buy and run a car is dramatically driving demand.

Anyone who doesnt think that high fuel prices are here to stay is living in cloud cuckoo land IMHO. The oil companies (Exxon Mobil CEO just got a $432m payoff) and the govt (taxation kerchinng!) will see to it even if George Dubbayah's foreign policies dont.

Sail. Its the future..........

Petrol here is C$1.20 a litre. Converted to GBP thats about 60p which sounds cheap. As a % of income, which is a more universal indicator of the cost of fuel in different economies I think its getting up there with UK cost. (Incomes in straight C$ to GBP terms are lower here.) At least Europe has widely available economic car engines. North America is still wedded to its V6 and V8 petrol engines. Only diesel passenger car is VW Golf/Jetta/Passat TDI. Only Diesel 4x4 is Jeep Liberty (Cherokee) CRD. Next size diesel up is your full size trucks (F150, Ram2500 etc) with monster 6.0L diesels!)