fuel prices on the rise again ;(

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Soldato
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http://www.bbc.co.uk/news/uk-scotland-10931293





doesnt really bear thinking about :(


as some of you know i'm a taxi driver and on average(going by receipts sitting in my desk my own taxi will burn its way through approx £300 quid of diesel in a week



now to put that into perspective thats £15600 of fuel a year !!!!! eek


now if ths above scare story is to be believed and derv jumps up 8% my fuel bill would go up to £16800 a year :( this makes me rather miffed. now as you can imagine if prices were to somehow fall to 96p a litre i would be £2700 a year better off that is a staggering difference


sorry for the rant guys but i have to say that thanks to various pressures including a down turn in trade changes to council licensing and the never ending rise in fuel i forsee me going out of business in the not too distant future :( yes i know everyone on this forum will be feeling the hurt of fuel prices but when those fuel increses start crippling your business its enough to make you want to scream.

my livelehood is going down the swanny and theres not a damn thing i can do about it :(
 
prices rise.. prices fall.. same thing has been going for ages for fuel.. so i don't see how can anyone be surprised by this..
 
grudas said:
prices rise.. prices fall.. same thing has been going for ages for fuel.. so i don't see how can anyone be surprised by this..
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if only they would fall (as mentioned above) i'd settle for 1995 levels
 
Price round my way has fallen from 116/117.9p to 113.9p since I started driving at the end of April.

Kills me when I see fuel prices outside of Portsmouth, I can go to my mums in Horsham and you wont find below 120.9p.
 
hovering around 116.9 in Glasgow local shell was 115.9 but has shut to have new tanks installed :(
 
As a taxi driver the price rises will effect eveyone. Either raise your prices and accept a lose of business in the sort term on wait it out until your competition goes bust and you can increase profits in a less competetive market. Either way the standard fare will rise after a few months.
 
alas not we're tied with our fares for 3 years. and as for raising once that period expires do that and the competition would murder us. bear in mind theres a lot of taxis in Glasgow that dont need to make a profit as a taxi (lots of underworld elements and such like involved in this business unfortunately :(
 
Interesting crude oil is currently $81, the lowest point its been at any point in the last 12 months is $58 so it isnt hugely more expensive. The pound is also near 6 month highs against the dollar. So, really, the main reason why fuel remains high and is going higher is..


... tax. Thats right, several duty increases since last year and most of the 8% rise is accountbale to yet more duty rises in October and the VAT increase in January.
 
petrol prices website has a lovely breakdown on the cost of a litre


if unleaded costs 119.9p a litre

57.19p goes in duty
39.85p for the actual fuel
17.86p in vat
and approx 5p a litre goes the retailer


what annoys me though is that you get charged vat on the whole cost not just on the fuel cost
ie we are paying a tax on a tax (vat on fuel duty) if this was changed so we only pay vat on the fuel itself prices we would instantly see a 10p/litre drop in fuel prices
 
Let's face it. How often do people compare taxi prices before getting in one and going on the journey? I'd imagine the bulk of a day's work would be casual transports and not pre-booked jobs with intent.
 
Pudney@work said:
Let's face it. How often do people compare taxi prices before getting in one and going on the journey? I'd imagine the bulk of a day's work would be casual transports and not pre-booked jobs with intent.
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Local, most people will know the cheapest ones...

I always go with Aqua cabs in Portsmouth, cheapest by far.

Pick one up on the street and it will cost you twice as much.
 
Lets face it getting a taxi is a luxury, whats the average taxi journey? Walk it, cycle it is easy outside of public transport hours and even in public transport hours, you cant have it both ways charging £10+ for a 4 mile journey at night yet lose money in the day.

Its only going to get worse, petrol rises, wage of your customers stays the same.
 
i'm one of the lucky ones, all i have invested is a couple of manky skodas and a vectra which i could recoup a good percentage on selling on

its the hackney boys with the 50 grand plates and 30 grand cabs i feel sorry for,

thats a lot of tie in especially in a market thats shrinking that no one would want to buy into mate of mine recently moved the hackneys(last year) and invested north of 70 grand to put a motor on the road. he's in the same boat as me but is up to his eyes in debt as well :( when i think of it like that maybe i'm not that bad :) i can walk away and go stack shelves in tesco if worst comes to worst
 
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