Petrol prices higher under Labour?

Neil79

Neil79

Neil79

Caporegime
Joined
8 Sep 2006
Posts
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On Ocuk
Since the tories came into power i've noticed much cheaper petrol prices , either that or i'm going mad :eek:. But it's now at £1.10 for unleaded !. I remember week after week under Labour it was £1.18 - 1.20 one garage was even £1.22

Hows it in your local area?
 
Isn't it more to do with the fact that it's currently summer and prices traditionally go down?
 
Gaygle said:
Isn't it more to do with the fact that it's currently summer and prices traditionally go down?
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i would have thought prices would have risen due to people using the car more for day trips which they would'nt really normaly do in the winter?

You can't really say since labour has been out of power we have cheaper petrol because it could just be the prices falling and rising again, if its sustains at a lower prices for long periouds of time then yes it would seem it was more expensive under labour but we cannot say this just yet.

what has ticked me off is a Texco petrol station i pass to get into work was showing £1.09 a litre last week, i decided i would'tn fill up at shell which i normaly do as its right next to my works and usualy the cheapest but as Texco was £1.09 and shell was £1.12 i think i thought i would get petrol on the way home.

On my way home at 10:20pm i pulled into the petrol station only to find they risen the prices back to £1.15, seems they like to drop and rise prices by a very noticeable difference during different times of day/week, to me this just takes the mick as you can't really see the sign unless you come off the dual carriage way and enter the slip road :mad:

so out of principle i went to tesco down the road for the same price of £1.15 but did'nt want to put money into the pockets of those who mess people around, plus i got clubcard points :D
 
WHAT!!! said:
i would have thought prices would have risen due to people using the car more for day trips which they would'nt really normaly do in the winter?
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There is also more slack in the supply system due to the US summer driving season.

This is nothing to do with the government, fuel prices fluctuate a lot anyway. I wouldn't read into this too much.
 
The only reason fuel prices have decreased over the last 6 months is because oil has retreated to 1 year lows and the dollar is a tad weaker. There is no other reason.

It is true, however, that since the fall from the highs of 2008, Labour repeatedly increased fuel duty.

There is yet another increase of 1p in October, then another increase when VAT goes up.
 
110.9 these days, cheapest for quite some time, can't complain. Has dropped steadily since con/dem got in but it isn't anything to do with them afaik.
 
Burnsy2023 said:
This isn't true. There are many more influencing factors to the price of oil. Probably too many to count and some very subtle.
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I wasn't talking about influencing factors to the price of oil, I was talking about influencing factors to the price of road fuel.

There are subtle things which influence road fuel prices but none of them make the difference that taxation, currency fluctuation and crude oil prices do. These are the three major influences in the price of road fuel.
 
I've only noticed a recent decline, and only small one.

For us to see a drop to ~85p again would require the £ to increase in value against the $ and to an extent the €. And an element of stability return to the supply. We will undoubtedly let Texans get rich with the Falklands oil, so the only effect that will have is to increase the supply a bit. Even if it's not much oil - being politically stable - we'll get it out fast.

Basically the coalition have very little they can directly do to reduce the price of fuel, the only thing would be to knock a lot of tax off, but we need the income to un-do what Labour did to the value of the £. Anyone who thinks we rode out the recession well is blind.
 
We wont see 85p a litre again because the duty increase is just too high. It's gone up almost 10p a litre in duty ALONE since we had 85p a litre 18-24 months ago. And that was with oil at a paltry $35...
 
You might as well say 'If the government decides to subsidise fuel' or 'if OPEC decide oil should be free' as they are both as likely.
 
I hope that when we're out of this so called mess that taxes will start to go back down?
 
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