Nearly 90 Pence A Litre

Yeah I know, having been in the US (and it applies to most foreign shores) by comparison the UK is massively expensive. One chap I know in California told me that if their government tried to tax the way ours does that public hanging would make a swift comeback…for politicians! 😆

The point I was making that due to the increases in fuel costs and the increases on tax that just a few pence a litre has risen our costs on just two vans by such a huge amount. Our pal Gordon has another 2p a litre rise planned for September which will put further strain on the costs and will, in many cases, tip the cost per litre over 90p a litre. What’s worse is that I’m getting reports from some areas that it’s already over £1 a litre in some rural areas, including some of my area so I can hardly say I’m ecstatic about it.

K.

Re: Nearly 90 Pence A Litre

See the front page for the latest and I am watching this shall we say. 😉

A summary of the morning sentiment from the nationals;

“Anger grew last night over the rocketing price of petrol as some garages pushed prices over £1 a litre,” says The Mirror. “The Road Haulage Association was planning demonstrations around the country.”
“Yesterday, in the UK, crude oil reached its highest price per barrel since its 1990 peak, while in the US it reached a record high,” says the ITV news website. “Crude in the US peaked at 42.33 US dollars per barrel (£22) – up more than 6{e5d1b7155a01ef1f3b9c9968eaba33524ee81600d00d4be2b4d93ac2e58cec2d}. In the UK prices closed at 39.08 US dollars per barrel (£21) – a 6.83{e5d1b7155a01ef1f3b9c9968eaba33524ee81600d00d4be2b4d93ac2e58cec2d} increase. In October 1990 UK crude hit a record 40.95 US dollars (£21.75) per barrel.”
Panic on the markets was prompted by the weekend’s bloody al-Qaeda attack on Western oil workers in Saudi Arabia. Since then, chancellor Gordon Brown hass been “hitting the phones”, according to The Times, as he attempts to talk to OPEC’s 13 oil ministers before their meeting tomorrow in Beirut. He will be warning them that no one will benefit if oil prices end up damaging the global economy and is calling for them to lift production quotas.
Meanwhile, The Telegraph has tracked down the most expensive unleaded petrol in mainland Britain to Bispham Van Hire, near Blackpool, where it cost £1.09p per litre yesterday. On the Scilly Isles, punters were forced to pay £1.12p. The UK average is currently 85p.

The Times: Petrol price fears prompt plea to Opec The Guardian: Oil price soars to new high The Guardian: Even Opec cannot stem this surge The Telegraph: Petrol soars to £1 a litre amid fears of oil terrorism The Telegraph: Oil drama is no crisis The Telegraph: The most expensive petrol in Britain The Mirror: GREEDY PETROL BOSSES PUMP UP PRICES The Sun: £1.12 for litre of unleaded
ITN: Oil could soar even more
The Scotsman: Fuel tax warning to Brown as oil price hits new US high The Evening Standard: ‘No tax cuts to curb fuel prices’

There is already talk of protests being organised on the 9th and 10th of June to distrupt the local elections and this has come froma pretty good source.

K.