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Petrol in the UK
This thread has 5 replies. Displaying all posts.
Post 1 made on Tuesday September 13, 2005 at 14:57
Mr Griffiths
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It is absolutely digusting how Gordon Brown(our chancellor) tells the nation that the oil companies are making so much money that they should reduce their prices to ease the price of petrol at the pumps.

As a litre is now effectively a pound, the percentages are clear for everyone to see:

Out of one litre of fuel

65p goes directly to the Government as duty and VAT, for doing nothing and supplying nothing.

23p pays for the product and includes the oil company's profit margin.

12p delivery costs and the retailer's take, to include some sort of profit margin.

We all know that most petrol stations are unable to exist on the sales of petrol alone, they survive by selling drinks, sweets, food etc.

23p for the petrol itself seems very reasonable to me.

Yet 65p for doing absolutely rock all seems eminently unreasonable to me.

RANT!!
Gordon Brown, YOU are the greedy, theiving pregnant goldfish NOT the oil companies. Stop lying to people and start doing something about reducing the price of petrol, you fat, stupid, lazy, git.

Oh by the way many say he will take over from Tony Blair as the Prime minister ...I can't wait.
Post 2 made on Wednesday September 14, 2005 at 02:49
djy
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Post 3 made on Wednesday September 14, 2005 at 08:36
e pereira
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Bob its cheaper to stay drinking your beer mate leave the petrol to the rich.
Always looking on the bright side of life
Post 4 made on Wednesday September 14, 2005 at 10:05
Anthony
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I know that is what the gas companies are hitting (hey it is not us, it is the taxes) they are doing the same thing here. The problem is that when it goes up 10 cents a litre over night it is not the taxes. Have they changed that much over the last year? What is VAT?ON 35P (petrol + distribution) that is most likely something like 5p I am guessing (if it is anything like here) the other 60p out of 65p has not changed in years.

PS think of it this way, if most of the price is taxes and most of it is fixed and the oil companies are getting 35p on the pound, what does it mean when the price changes by 10p in a week, day or month to oil companies?


That is why I am PO at the oil companies here. I know they will say what is a few cents difference, but the fact is that it is not a few cents but many percentage points. I think gas companies have realised they have us by the balls and can do anything they want. Disaster in the south US? bring up the prices, war in the middle east? raise the prices, peace somewhere else raise the prices.....


What I also find funny is that the minute a small raise in crude is in the news, the prices at the pump jump (and even more then the crude) but when they announce a drop it takes several days for it to change
...
Post 5 made on Thursday September 15, 2005 at 01:34
pilgram
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It does seem that alot of the oil company execs are taking advantage of every opportunety to 'invest' in an early, well funded, retirement!

If you own a supply of fuel that you purchased at $1 a gallon and the potential replacement cost could go up in the future because of a few disasters,and you raise the price to coincide with a potential 'future' price, is that price 'gouging', or supply and demand?
Every day is a good day.......some are just better than others!

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Post 6 made on Friday September 16, 2005 at 19:53
djy
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Not someone to argue with, methinks.


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