It will come down in price when people start not using there motors as much as they did ...then they get lack of revenue , they will lower it to get people back at the pumps . I have noticed clearly less people coming to the peak and dove dale . I went down to Cirencester recently and coming back driving through Stow on the wold was the quietest i have ever known on a sunny sunday on my way to Leamington spa on my search for old Thwaites dumper components then Coventry .
A lot of people don't realise that fuel duty helps to pay for lots of things we take for granted and that dividends from the oil companies go mainly to pension funds to pay your company pension. It doesn't all go into rich folks' pockets.
I certainly hope so mate, something has got to give. My fuel bill will be £100 / week in the next two weeks & its not going to change unless it comes down in price. It is getting quieter, we have noticed that too & Shipston on Stour last sunday was quiet. It has a knock on effect for all!
When people can’t afford the cost I suppose a fair few will Sorn their cars and not bother, Imagine if they all did on the same day that might wake them in government up
Certainly slowing down the traffic speeds as well , didn't feel like a mobile chicane driving out of That London to t'north even on the A roads. People seemed quite happy to sit at 55-60 for a change. Sent from my SM-G960F using Tapatalk
I’d happily take part in a National Strike. One day a week until the government take notice, literally grind the country to a halt. Every tradesman, shop worker, transport worker, teacher etc etc down tools say every Friday, every week. Until they stop taking the *******. Or failing that I think the whole country should decide to boycott a particular retailer for a whole month. Don’t buy a drop of fuel from any BP station for a month. By the end of that month they’ll have been hit with millions in losses, plus they’ll have a huge glut of fuel which they’ll have to sell off cheaply. That would completely distort the market and the others would have to reduce prices to compete. on the other hand there’s about 600ish MPs and about 70 million of us. Realistically how long could they hold out? The Houses of Parliament would be like the Alamo.
This is the breakdown courtesy of last Sunday's paper. Interesting to see how little retailers actually get.
You know what I heard some cheeky @@@@ from the treasury/government say the other day? When asked why they won’t cut fuel duty/vat they said they need to keep it because whilst we are all spending our money on high fuel costs, we aren’t buying other stuff so they are losing revenue from other sources. my answer to that is I’d rather give you the tax by spending in shops, and restaurants rather than fuel cos at least I’d be getting some enjoyment about it.
We all have to pay for all the free cash splashed around by the government for support during COVID. So taxes will be higher. This is what it looks like. It doesnt help that the our reaction to Russians made it worse at the same time. They werent expecting us to be bothered, as last time we ignored them. The more money we are spending on highly taxed items the better the government finances look. Next on the agenda will be the airlines going bankrupt so the air fares will sky rocket as we are left with an intergovernmental cartel of inefficient state airlines. And one final variant of COVID will make next winter a misery.
That's a false argument, it might keep your pension stable, but the cost of living rises faster so you still lose out.
Here's a strange thing. Average price of a barrel of crude oil so far this year is $101.37 and petrol is up near £2 a litre. Average price of a barrel crude oil in 2011 was $111.26 and petrol was £1.30 a litre. Something isn't quite adding up
