Windfall tax is already happening. Think gas prices are what have really made them the big profits though rather than oil.
Fuel price discussion thread (was ‘chaos’)
- Thread starter watercooledman
- Start date
I’ll believe it when I see it. I don’t care where they are ripping us off and on which branch of their revenue stream, they are profiteering and it needs to stop.
Where are you getting that information?
oilprice.com says otherwise:
Are we looking at different things? That's brent crude, I think.
You know they don't set the prices, it's all decided on the open market and we are competing with massive demand from China and others. Yes they are making massive profits, yes a windfall tax has been put in motion.
lol - complain to the saudis , who are selling it to the chinese (or the golfers who are supporting that) , or ask boris why Iran didn't open the taps.
e: I suppose we could increase the price of the munitions we sell saudis .. a manufacturing surcharge.
I don’t care. Their profit margin has increased from stupid levels to ridiculous. Tax them the level of increase and give the proceeds to us in rebates. They already make way too much money.
Soldato
- Joined
- 16 Aug 2009
- Posts
- 8,102
Wasn't so many years ago when it hit £1 a litre and people were aghast about that! I remember when a local filling station hit that and it was reported on the Jeremy Vine show!
People have largely been pacified now. Wealth is being transferred from poor to rich at ever increasing levels. The truth is you can’t do anything to stop it.
I don’t have to pay for fuel my boss does, so my boss has given us all a pay rise to help with inflation because he’s a stand up guy. So what he’s been doing is working out how much extra fuel is costing us, how much pay rises is costing us ect then working out how much more we have to charge our customers to cover it. I imagine that is what everyone else is doing. The knock on effect is huge.
This. I put a detailed proposal together listing all the increased costs since the beginning of the year to a client, line by line which then totalled an increase in 14.8% which he accepted. Inflation is soon going to hit 15% in this country.
It's crazy. Last Friday I paid 168.9 for unleaded at my local Tesco. Passed by today and had to do a double take when I saw 184.9.
Username checks out anyway.
Just received an email from our fuel supplier at work saying they are expecting diesel to be 10p per litre more from the 12th June so suggest everybody fills up this week while its "cheap".
Doubt you will be able find many patrol stations sub £2 next week.
Doubt you will be able find many patrol stations sub £2 next week.
I just got the same email, though I just checked our last bill dated 31st and it was at 1.76 thenJust received an email from our fuel supplier at work saying they are expecting diesel to be 10p per litre more from the 12th June so suggest everybody fills up this week while its "cheap".
Doubt you will be able find many patrol stations sub £2 next week.
Also remember that the oil market and petrol/diesel market is done in USD.
Our currency has tanked against the USD recently (around $1.20 to the £) so its a double hit of oil increase globally and then UK buying it at a weaker exchange rate than, say, 6 months ago.
Our currency has tanked against the USD recently (around $1.20 to the £) so its a double hit of oil increase globally and then UK buying it at a weaker exchange rate than, say, 6 months ago.