We are all getting robbed at the pumps!, does anyone care?.

[Antracer]

I dont need to explain myself it's pretty obvious whats going on yet no one has done a thing about it.

THIEVING GOVERNMENT

I believe an organised protest is in order.

[TwigtheWonderkid]

Well you need to explain to me, I haven't got a clue what you're on about.

[TheAngryDog]

Antracer said:

I dont need to explain myself it's pretty obvious whats going on yet no one has done a thing about it.

THIEVING GOVERNMENT

I believe an organised protest is in order.

Seriously?

[Antracer]

45% drop in oil price, less than 20% at the pumps.

filling their greedy pockets thats what.

[Jonathan27]

That would only be a valid argument if you were buying oil!

[SuperVM]

Antracer said:

45% drop in oil price, less than 20% at the pumps.

filling their greedy pockets thats what.

I don't think crude oil even constitutes 50% of the price of the petrol we buy.

[Watchman]

Where would you suggest the tax be collected from instead?

[trashbat]

For many reasons, the pump price is not directly proportional to the price of a barrel oil, and nor should anyone expect it to be.

[Johnnytheboy]

Fuel duty is absolute, not relative.

I agree that it is taxed too highly but I don't think there's price-fixing going on.

And no fuel protest please, that was a royal PITA last time.

[Finlandia]

Watchman said:

Where would you suggest the tax be collected from instead?

Cyclists?

[Dave Hedgehog]

Antracer said:

45% drop in oil price, less than 20% at the pumps.

filling their greedy pockets thats what.

its a very small part of how the government robs normal working people blind

[Dr Jekyll]

SuperVM said:

Antracer said:

45% drop in oil price, less than 20% at the pumps.

filling their greedy pockets thats what.

I don't think crude oil even constitutes 50% of the price of the petrol we buy.

Less than 25%, because so much of the petrol price is tax. That is precisely the point.

[Dave Hedgehog]

The Crack Fox said:

Antracer said:

45% drop in oil price, less than 20% at the pumps.

filling their greedy pockets thats what.

If it bothers you, vote for someone who will change it, or drive something electric. It might come as a shock to you to know that the money doesn't go into the Governments "greedy pockets" but towards the not inconsiderable costs of running this fine country.

well someone has to pay for all those millions of immigrants that moved here for all the freebies

[R2T2]

It's also creeping back up again

[TooMany2cvs]

Watchman said:

Where would you suggest the tax be collected from instead?

This.

Look, OP, it's very simple. The price you pay at the pump includes VAT (20%) and fuel duty (58p/litre). Fuel duty has been held stationary since the last election. In case you hadn't noticed, the Gov't has been spending more than they've been receiving in that time, too, but have been trying to rectify that.

[Foliage]

Not is bullst again. Already a thread on this, please lock this one.

85% (or something like that) of petrol at the pump is tax that doesn't fluctuate, so do the maths.

Barrel price will probably shoot back up again soon, but again we will see what 5-10p price rise at the pump.

I do agree that we are being robbed and that the economy would benefit from the price of fuel going down BUT that aint gonna happen via tax.

[Motorrad]

What we need is a campaign. Say we boycott BP every third tuesday of a full moon or something. That'll learn them good.

[V8forweekends]

The Crack Fox said:

If it bothers you, vote for someone who will change it,

There isn't anyone

The Crack Fox said:

or drive something electric. It might come as a shock to you to know that the money doesn't go into the Governments "greedy pockets" but towards the not inconsiderable costs of running this fine country.

Actually, it's both. Whilst our taxes do some fabulous things, they are also continuing to pay for separate catering for the House of Lords rather than combine with the House Of Commons because the Lords were worried about the quality of Commons champagne.


ETA - I don't want another fuel protest, thanks.

[Mr2Mike]

Dr Jekyll said:

Less than 25%, because so much of the petrol price is tax. That is precisely the point.

That is not the point the OP was making. He naively expects forecourt prices to track crude oil prices proportionally, but this simply can't happen as the tax is a fixed cost, not to mention the overhead of refining the the stuff.

[IanCress]

Motorrad said:

What we need is a campaign. Say we boycott BP every third tuesday of a full moon or something. That'll learn them good.

Exactly. Small companies like BP don't have the cash flow to cover a days worth of lost sales. They'll go under by Wednesday morning.