Petrol Prices!
- Thread starter Sojourn
- Start date
Liverpool
I see they are at it again! Petrol is going up! Just seen the local news!
Will be £1.20 a litre for unleaded next week near me and the Government are putting up the tax on fuel again before the summer, and they are looking at putting up VAT to around 20%!! which will impact fuel again!!
Getting silly this!! Something has to give! Still around 49 pence a litre in the USA! :?
Will be £1.20 a litre for unleaded next week near me and the Government are putting up the tax on fuel again before the summer, and they are looking at putting up VAT to around 20%!! which will impact fuel again!!
Getting silly this!! Something has to give! Still around 49 pence a litre in the USA! :?
I just worked out the price I paid for Reg gas in Arizona last week and it was about 44pence/l ($2.69 USD / US gal) and I filled up my truck two days ago with Reg gas at 56 pence per/l ($0.94 CDN/litre) Our price is mostly taxes as well. It costs me around $70 to fill my truck at a quarter tank left.
How can they tax you that much ? It's rape and robbery IMO. :x
How can they tax you that much ? It's rape and robbery IMO. :x
The press are too busy worrying about who John Terry's been bonking. Petrol in the Uk is a cash cow for the Government. The green lobby are happy to see the prices rise as it pushes more and more people to buy 60 MPG diesels and hybrids. I'm thinking of converting the Z4M to run on vodka, it's cheap enough these days! 
Just fill up my van 80l £92.00 for a week getting to and from work :thumbsdown: it would only cost me £44.80 if i lived in the states thats £2300 a year extra the taxman in the uk gets out of memcbeee said:
been to herford cant find diesel for less than £1.15.9 per lIt seems that I pay about 60% of what it costs in the UK and those dastardly Americanos pay about 75% of what I pay. I pulled some info from the Shell Canada website.
Taken from Shell CA website:
Four costs go into Shell's pump price: crude oil, taxes, refiner margin, and marketing margin.
Gasoline prices go up and down over time and vary from place to place, so the price breakdown for a litre of gasoline also varies.
* 40 - 55 per cent is crude oil costs (the raw material for making gasoline and diesel fuel)
* 25 - 35 per cent is federal, provincial and municipal taxes and the GST (=VAT in the UK)
* 10 - 25 per cent is the refiner's margin (the difference between what it costs to buy crude oil and the price refined gasoline sells for in the wholesale market which, in turn, is influenced by supply and demand)
* 4 - 6 per cent is the marketing (or retail) margin that covers retail stations’ expenses and profits.
Source: Natural Resources Canada Fuel Focus Reports, 2007-2008
End Quote.
Now, bear in mind that sometimes the refiner IS the supplier and the distributor is the refiner and/or the supplier etc. In this case, Shell Ca, is all three so the percentage that goes to them is reasonably high. But, the Govt. here still bites off close to 40%.
We are all getting robbed by the Various levels of govt.
An interesting point to ponder: The USA came into being being because of a TAX on tea.
Taken from Shell CA website:
Four costs go into Shell's pump price: crude oil, taxes, refiner margin, and marketing margin.
Gasoline prices go up and down over time and vary from place to place, so the price breakdown for a litre of gasoline also varies.
* 40 - 55 per cent is crude oil costs (the raw material for making gasoline and diesel fuel)
* 25 - 35 per cent is federal, provincial and municipal taxes and the GST (=VAT in the UK)
* 10 - 25 per cent is the refiner's margin (the difference between what it costs to buy crude oil and the price refined gasoline sells for in the wholesale market which, in turn, is influenced by supply and demand)
* 4 - 6 per cent is the marketing (or retail) margin that covers retail stations’ expenses and profits.
Source: Natural Resources Canada Fuel Focus Reports, 2007-2008
End Quote.
Now, bear in mind that sometimes the refiner IS the supplier and the distributor is the refiner and/or the supplier etc. In this case, Shell Ca, is all three so the percentage that goes to them is reasonably high. But, the Govt. here still bites off close to 40%.
We are all getting robbed by the Various levels of govt.
An interesting point to ponder: The USA came into being being because of a TAX on tea.
They add fuel duty, THEN add VAT on top. Tax on tax, nice.
Iirc, motorists pay around £400,000,000,000 in total to the government each year.
Motoring infrastructure receives around £40,000,000,000 back.
So basically, the motorist subsidise 10x what they get back. Pretty bad considering this winter North Yorkshire council are considering a winter levy on Council Tax to subsidise the extra spend needed (£8 million ontop of the £2 million) to repair the roads/pot holes.
Motorists pay (I think) for the NHS four times over...
What frustrates me is that if tomorrow we all walked to work, or took the bus, there would be SUCH a hole in the public finances then everything else would cost more to compensate. Income tax up, VAT up, bus tax, train tax no doubt. Yet the motorist is always portrayed as the enemy, or evil... I suppose that allows them to then charge high taxes and no one complains because they are evil motorists anyway haha.
However you view it, it's not really fair. I'd prefer to pay higher income tax etc, than pay alot of motoring. Our road infrastructure ins't a luxury, it's an essential resource of a developed industraialised nation, one that is being undermined, under funded and demonised.
Labour, they want us to be like communist China 100 years ago
Dave
Iirc, motorists pay around £400,000,000,000 in total to the government each year.
Motoring infrastructure receives around £40,000,000,000 back.
So basically, the motorist subsidise 10x what they get back. Pretty bad considering this winter North Yorkshire council are considering a winter levy on Council Tax to subsidise the extra spend needed (£8 million ontop of the £2 million) to repair the roads/pot holes.
Motorists pay (I think) for the NHS four times over...
What frustrates me is that if tomorrow we all walked to work, or took the bus, there would be SUCH a hole in the public finances then everything else would cost more to compensate. Income tax up, VAT up, bus tax, train tax no doubt. Yet the motorist is always portrayed as the enemy, or evil... I suppose that allows them to then charge high taxes and no one complains because they are evil motorists anyway haha.
However you view it, it's not really fair. I'd prefer to pay higher income tax etc, than pay alot of motoring. Our road infrastructure ins't a luxury, it's an essential resource of a developed industraialised nation, one that is being undermined, under funded and demonised.
Labour, they want us to be like communist China 100 years ago
Dave
The way things are going we're sooooo tempted to follow that example and bugger off out of the UK. Canada or Australia are our first choices due to my wife not needing to retrain like she would in the States (emergency medic). Not that we've given this any thought or anythingmcbeee said:
I bought my Z4 on 22nd Dec 2008: fuel price then (standard unleaded) was 85.9p/litre. Now, less than 14 months later, fuel price is 108.9p/litre. Cost per mile (in fuel only) since buying my Z4 has increased from 12.33p/mile to 17.10p/mile for last tankful, and that's for the same mpg...
F**k it, I wanna move to Australia and buy a great dirty big V8
Quote; F**k it, I wanna move to Australia and buy a great dirty big V8
Wait a bit for the worlds economy to improve some .....
Australia is a lot warmer than Canada, but it's full of Australians. 
I think they have more sporty cars as well.
But if you want a dirty big V8 we have loads, great gas guzzling 6 and 7 liter engines. I have the smallest V8 available in my pickup, It's only 300hp and about 4.8l or so.
Arizona. .....Hot, desert.,...no snow ...much like Australia without the kangaroos.
Wait a bit for the worlds economy to improve some .....
Australia is a lot warmer than Canada,
but it's full of Australians. I think they have more sporty cars as well.
But if you want a dirty big V8 we have loads, great gas guzzling 6 and 7 liter engines. I have the smallest V8 available in my pickup, It's only 300hp and about 4.8l or so.
Arizona. .....Hot, desert.,...no snow ...much like Australia without the kangaroos.