We are all getting robbed at the pumps!, does anyone care?.
Discussion
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.filling their greedy pockets thats what.
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. filling their greedy pockets thats what.
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.
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.
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.
The Crack Fox said:
If it bothers you, vote for someone who will change it,
There isn't anyoneThe 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.
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.Gassing Station | General Gassing | Top of Page | What's New | My Stuff