Soldato
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119.2 in Central Liverpool this afternoon.
petrol prices
- Thread starter steveo
- Start date
![[TW]Fox](/data/man-of-honor/2009.png){kind=avatar}
not much worse than an M5 though, your dream car
If I had an M5 I wouldnt whinge about fuel prices. Infact, I drive everywhere now at 20mpg and not once have I complained about fuel prices - it was my choice to buy a car that drinks petrol, if its that much of a problem I can trade it in for a Panda diesel.
Do you really think that profit is from fuel?
Give up Simon, ignoring all petrol price threads on various forums is the best thing to do if you've got even half a clue how things actually work.
I'm tired of explaining how:
a) Oil companies do not make huge profits on retail fuel
b) Oil companies do not chose the price their raw crude is sold for
c) Duty is not a percentage, it's fixed, only VAT is a percentage so no we wont see £1.50 a litre by Autumn if the oil price remains below $150.
Instead its just BLAH BLAH BLAH OMG OIL COMPANY CROOKS OMG END OF THE WORLD BLAH.
Personally I see a shift in culture back to the radical concept of living near where you work. Far too many seem to drive 200 miles a day for jobs which don't even pay that much. This was unheard of even 20 years ago.
I'm tired of explaining how:
a) Oil companies do not make huge profits on retail fuel
b) Oil companies do not chose the price their raw crude is sold for
c) Duty is not a percentage, it's fixed, only VAT is a percentage so no we wont see £1.50 a litre by Autumn if the oil price remains below $150.
Instead its just BLAH BLAH BLAH OMG OIL COMPANY CROOKS OMG END OF THE WORLD BLAH.
Personally I see a shift in culture back to the radical concept of living near where you work. Far too many seem to drive 200 miles a day for jobs which don't even pay that much. This was unheard of even 20 years ago.
Thats because you didn't take into account purchasing power parity. In the uk you earn more so your not paying 2x as much compared to an american. You can't use the exchange rate to compare prices accross different countries.
Although partially true both my parents earn the same or more then what they did in England and pay less tax.
Soldato
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- 3 Jun 2005
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I am seriously thinking of LPG. Considering I put £90+ of petrol a week in I could re-coup the fitting cost rather quickly. LPG is still trading around 50p a litre around here.
Associate
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[TW]Fox;11598666 said:
If i had any particular vices, or a mortgage to pay i would certainly re-evaluate my choice, as i would be broke rather quickly! But as i'm lucky enough to live at home and pay no rent, i can afford to keep it for now. Luckily i only live ~5-10 miles from my work place.
Just depends how much driving i do in between! I dont understand people complaining a huge amount though, £1 - £1.10 is only a 10% increase, and seeing as most people seem to drive sensible cars, they dont need to fill up that often anyway.
I'm not condoning "10% is fine, i wont mind if it raises by 20%", but its not a huge problem, i cant remember the quote from top gear now, regarding petrol - but Jeremy talked through the process of oil becoming petrol, and before tax / vat, its amazing they can get it to us for what it costs.
[TW]Fox;11598742 said:
Well said. It's really odd how people can get so worked up about something whilst remaining so ignorant. People who are concerned about fuel prices should take the time to understand how it works rather than just blurting out their outrage.
Thats because you didn't take into account purchasing power parity. In the uk you earn more so your not paying 2x as much compared to an american. You can't use the exchange rate to compare prices accross different countries.
How do people in the UK earn more?
GDP per capita...
US $46,000
UK $35,300
https://www.cia.gov/library/publications/the-world-factbook/rankorder/2004rank.html
Fuel IS very significantly cheaper for Americans whichever way you measure it. This is because the fuel duty there is much lower.
Perhaps if you didn't live with your parents, you wouldn't just shrug off cost of living increases of 10%+ across the board.
I've given up driving my car for anything other than seeing customers. I bought a commuter-hack bike and that is now my primary transport. It's not that I can't afford the fuel, I just have better things to spend my money on.
I may change to visitng customers on the bike too as because the 40ppm rate hasn't changed, it actually costs me money to visit clients in my car now.
I may change to visitng customers on the bike too as because the 40ppm rate hasn't changed, it actually costs me money to visit clients in my car now.
how much is it for a conversion these days i remember it been like £2000 few years ago
The average wage in the uk is £25k, the average wage in the us is less than $50k, therefore if you are comparing by exchange rate like he was, brits earn more.
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Soldato
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Cheapest I have seen is just under a grand.
Soldato
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Yes, but the yanks get to keep more of their money than we do.
And then pay out for services we get for free, suce as medical.