Associate
They’ll level out at about the current rate I think. Otherwise they’ll just restrict supply until it goes up again.
Fuel price discussion thread (was ‘chaos’)
- Thread starter watercooledman
- Start date
It's a risky thing to add more duties to fuel considering the already high cost, that's likely to hit working families the hardest. Best to target more taxation on things like EVs.
Don
15-20p a litre cheaper petrol makes it easy for Reeves to up tax on it. "Difficult decisions" yada yada.
With the dropping fuel prices, they will be even more tempted to increase the duty. I'd be very surprised if it doesn't go up 5 or 10p/litre in the budget.
Soldato
E10 around here in Dorset still in the 144 to 150 range
Problem is it's a double whammy when inevitably the prices go back up.
Soldato
ive been thinking the same too, its going up at least 5p
Ouch! In and around Peterborough even the expensive garages have all dropped to around £1.32 for e10! Hope the drop also comes down your way.
Associate
That’s a fair point about fuel duty. Another 2-3p on fuel duty would probably raise a fair bit but will cause a lot of wailing about ‘not raising taxes on working people’ etc
Then it is evil OPEC being greedy.
Soldato
It shocked me when we moved here in January - if you go to a supermarket station, you can save 3-5p, but prices around here are probably just with added tourist tax
Soldato
Indeed - it's been high for at least the last 3 years I reckon, basing that on filling up my last 3 motorcycles.... Almost certain the prices back in 2020/21 were in the 140-145 range, no more chucking 12 quid in to brim a tank, now it's 20 quid
Man of Honour
That small period during one if the lock downs where it was a quid a liter was a glorious time.
Don
Nah, it's climate crisis these days.
Soldato
No it was on the news the other day, the Saudis have given up on trying to force the price to $100 a barrel by restricting supply.