JonMc

iTrader: (51)

Here we go again, oil prices down but petrol up to record highs. At least Dick Turpin wore a mask when he robbed road users

BBC News - Petrol prices set for record high, says AA

Lee247

Unbelievable. The motorist well will run dry soon, then what will they do

Jamie

£1.15 a litre here

mr_D

iTrader: (12)

£1.16 a litre for normal now. £1.20+ for 99

borderlinechris

iTrader: (5)

Lindsay Hoyle, Labour MP on the Commons business committee, told the Daily Telegraph: "Crude oil has gone up this year, but nothing like the rise in petrol prices. Motorists are being legally mugged at the forecourt by petrol companies."


you have to laugh dont you!! what about being mugged by mr darling/brown

Jamie

I hope the conservatives get in this time.

f1_fan

iTrader: (9)

The catch 22 here is that the cost of fuel is seriously going to hamper our chances of recovering economically which in turn will keep the pound low on the money markets which contributes to some of the reason petrol prices are so high and so on...

The government need to postpone or cancel the forthcoming duty increase (which as it is in the name of 'green issues' and not revenue generation they can do as the prices are aleady so high that people are thinking carefully about their use of fuel) and lobby the oil companies to get the price back down. They all made record profits last year so there is room for manouvre even using things like the exchange rate as an excuse.

What I am completely confused about however is why David Cameron is letting the fuel price issue slip by. If ever there was a vote winner this is it and yet he has utterly failed to even mention it let alone pedge to investiagte, lobby or whatever. I can therefore only assume that like Brown he is quite happy to see the country crippled and held to ransom by the oil companies and the associated taxation of fuel.

f1_fan

iTrader: (9)

Why? What have they said they will do about it?

Jamie

Not tax us so much on petrol!

Snazy

lol went thru services on the M1 on Saturday... £1.25.9 a litre for unleaded!

Kinni

On the plus side if you compare it to a litre of paint it's cheap.

I'm clutching straws for positives on this country...

f1_fan

iTrader: (9)

Where have they said that? Genuine question btw.

Snazy

Although it is reaching the point where it will be cheaper to run you car on Tesco's Value Vodka or something. Price per litre getting closer

Leslie

I noticed yesterday that it is even expensive in Plymouth which was always a source of cheaper petrol.

We are being ripped off bigtime!

Les

Jamie

It was on the bbc news few weeks ago Google it

f1_fan

iTrader: (9)

Already did and it ain't there on the BBC or anywhere else. In fact Cameron doesn't seem to have talked about petrol prices at all since the middle of last year from wat I can see.

More blind faith in the opposition methinks. Unless you can post us all a link of course.

urban

iTrader: (1)

We're getting royally fcuked by the government on taxes and there's not a thing we can do about it.

Jamie

I just found it you lazy git I hate politics search again

f1_fan

iTrader: (9)

EFA

Petem95

Looking forward to the extra 3p/litre tax due to be added in April

Thanks Brown!

Problem is the country is basically bankrupt, so they've got to get some money from somewhere. What gets me is how so much tax money is wasted - this country is still a free-for-all for anyone wanting to come and live on benefits and use NHS etc for free. THat just has to stop, and would save billions and billions.

EddScott

Weak currency coupled with a weak government equals higher and higher prices.

We need some more blockades and go slows - our country really isn't too far behind those struggling EU countries except our government can hide it better because we are not part of the Euro.

Still I'm looking for to payday because I can pay to have my Jeep converted to LPG - 57p. Cost is £1200 and should take about 3 years to pay me back. Can't see me ever selling my Jeep so its worth it.

PS - No new government is going to stop taking money from fuel. We either make a stand, choose alternative fuel or hand round the lube.

alcazar

iTrader: (2)

I prophesied that petrol companies would run away with prices when we allowed them to get it over £1 per litre.

Crude is at the same level as it was when we were paying £0,90 a litre, but prices are running away.

urban

iTrader: (1)

You may well have prophesied that, but was it written

Petem95

As mentioned earlier tho, this is mainly down to the pound being so weak against the dollar (due to our economy being so weak at the end of the day...)

Just imagine how much it's going to cost when crude oil hits $150/barrel again.....

f1_fan

iTrader: (9)

Part of the issue for sure, but the pound is not half the value it was in 2008 when prices were last at this level and oil was nearly $150 a barrel

It's partly the exchange rate, partly a bit of extra fuel duty and VAT and in no small way down to the oil companies seeing what they can get away with.

alcazar is right about the psychological barrier of £1 per litre

hodgy0_2

cloud cuckoo land I am afraid

petrol is a great way of collecting revenue, cheap and easy to collect as is VAT

I see both going up - whoever gets in

Ste RB5138

It wont be long till V-Power is £1.30+ a litre by the look of it

Once they have sorted out the shortage of it!

zs_phil

iTrader: (1)

might have to clone someones car in the future and get free petrol

seriously though people used to do that when petrol was 69p a litre imagine what its like nowadays and when it gets to 1.50p a litre for nul ,every car will be cloned

ScoobyWon't

Terminator X

iTrader: (7)

There must be a level at which people will stop using their cars all together or perhaps walk rather than car it somewhere? We could always use the subsidised yet fantastic public transport

TX.