Fuel up/down again

That's a pretty funny site delivered straight through your letterbox no hassle.


http://www.petroldirect.com/legal.htm said:
We do not actually hold any trademarks. This is a parody site, not an actual trading corporation and as such any similarities in names and trademarks are covered by "fair use" provisions of intellectual property laws. Vin Diesel is a very entertaining actor, not a biofuel. There actually is company called Petrel Resources plc which is in no way related to our so-called biofuel. We are also not related to PetroDirect, a US company.
 
How nice of them to drop it a few pence. Sadly since I posted my calculations earlier Brent Crude has fallen further and I estimate it should now be 7-8p cheaper than the current average rather than the 5p before.
 
[TW]Fox;21873027 said:
How nice of them to drop it a few pence. Sadly since I posted my calculations earlier Brent Crude has fallen further and I estimate it should now be 7-8p cheaper than the current average rather than the 5p before.

Agree, the same Tesco station I get Momentum from has dropped standard unleaded from £1.38 to £1.37. Might get another -1p from the latest crude oil price drop.
 
So who is this extra money going to? Surely there is enough competition out there for fuel providers to be fighting to give the cheapest fuel. So I can only assume this is the government not sharing the cheaper costs with us?
 
Excuse the silly question but why is the government absolutely incapable of lowering duty and tax on fuel? Is it greed or is there a genuine increased requirement for such a high taxation from this particular area?
 
So who is this extra money going to? Surely there is enough competition out there for fuel providers to be fighting to give the cheapest fuel. So I can only assume this is the government not sharing the cheaper costs with us?

The government have not increased fuel duty within the last 12 months so no, it isn't the government not sharing the cheaper costs with us. The government doesn't produce fuel. It does take an enormous amount off us through duty and VAT but these rates of these have not changed*

*Though they will in August :rolleyes:

Excuse the silly question but why is the government absolutely incapable of lowering duty and tax on fuel? Is it greed or is there a genuine increased requirement for such a high taxation from this particular area?

They are obviously not incapable of reducing duty on fuel - they did it last year infact, but it does rather confuse me why the correct answer to soaring energy costs in this years budget was to confirm a 4p increase in fuel costs as from August.
 
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