 |
|
|
|
||||||||
| Questions and Answers Feel free to ask any questions about Accrington and the surrounding area and hopefully one of our members can help you out. |
|
Welcome to Accrington Web! We are a discussion forum dedicated to the towns of Accrington, Oswaldtwistle and the surrounding areas, sometimes referred to as Hyndburn! We are a friendly bunch please feel free to browse or read on for more info. You are currently viewing our site as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, photos, play in the community arcade and use our blog section. Registration is fast, simple and absolutely free, so please, join our community today! |
 |
|
|
LinkBack | Thread Tools |
16-10-2008, 21:42
|
#1 |
|
God Member
 
Join Date: May 2007
Location: Back in Lancashire
Posts: 3,558
Liked: 7 times
Rep Power: 0
|
Price of Petrol?
The price of crude oil per barrel has come 50%.
Has the petrol in the UK come down by the same amount? If not....why not?
__________________
Supporting Barcelona 2012/2013 Blackburn Rovers Supporter Since 1950
|
|
|
| Accrington Web | |
|
|
|
|
16-10-2008, 21:56
|
#2 |
|
Full Member
Join Date: May 2007
Location: Bash
Posts: 345
Liked: 0 times
Rep Power: 52
|
Re: Price of Petrol?
I paid 98.9 per litre today in Burnley
 not complaining here |
|
|
|
|
16-10-2008, 22:02
|
#3 | |
|
God Member
Join Date: May 2007
Location: Back in Lancashire
Posts: 3,558
Liked: 7 times
Rep Power: 0
|
Re: Price of Petrol?
Quote:
__________________
Supporting Barcelona 2012/2013 Blackburn Rovers Supporter Since 1950
|
|
|
|
|
|
16-10-2008, 22:32
|
#4 |
|
Senior Member
Join Date: May 2008
Location: Great Harwood
Posts: 941
Liked: 153 times
Rep Power: 13074
|
Re: Price of Petrol?
Isn't fuel taxed by volume rather than pro rata? So halving the price of the ingredients won't halve the price at the pump.
|
|
|
|
|
16-10-2008, 22:39
|
#5 | |
|
Full Member
Join Date: May 2007
Location: Bash
Posts: 345
Liked: 0 times
Rep Power: 52
|
Re: Price of Petrol?
Quote:
|
|
|
|
|
|
16-10-2008, 22:40
|
#6 | |
|
Senior Member
 
Join Date: Mar 2007
Posts: 1,931
Liked: 0 times
Rep Power: 2594
|
Re: Price of Petrol?
Quote:
A few months ago when the price of oil went through the roof, the gas price increased and therefore our household energy bills. Reason being they said was that the gas price was globally linked to the oil price for some reason I fail to understand. Has the price of our household gas supplies dropped inline with failing oil prices? Has it chuff. 
__________________
Semper in stercore versor, solum altitudo mutat |
|
|
|
|
|
16-10-2008, 23:32
|
#7 |
|
God Member
Join Date: Nov 2005
Location: Manchester
Posts: 6,522
Liked: 367 times
Rep Power: 3484
|
Re: Price of Petrol?
Most of the price is tax.
|
|
|
|
|
17-10-2008, 06:51
|
#8 |
|
God Member
Join Date: Jul 2007
Location: Accrington
Posts: 2,539
Liked: 2 times
Rep Power: 900
|
Re: Price of Petrol?
It was on the news today that Mr Brown and co have warned the profiteering fuel companies (including gas and electric) to curb the prices, or else! Which is a bit hypocritical seeing as 70% of petrol costs is tax!
__________________
www.fgcc.co  If time travel were possible, wouldn't somebody have been back or forward and told us by now? |
|
|
|
|
17-10-2008, 09:04
|
#9 | |
|
Administrator
  
Join Date: Mar 2005
Location: Oswaldtwistle
Posts: 17,105
Liked: 607 times
Rep Power: 290758
|
Re: Price of Petrol?
Quote:
Because fuel is not taxed as a percentage of the cost. It is taxed as pence per litre. Only the VAT goes up and down with price changes.
__________________
Site Forum Rules/ Site Disclaimer can be seen from this link |
|
|
|
|
|
17-10-2008, 09:54
|
#11 | |
|
God Member
Join Date: May 2007
Location: Back in Lancashire
Posts: 3,558
Liked: 7 times
Rep Power: 0
|
Re: Price of Petrol?
Quote:
Oil profits: 'It's tax that fuels petrol price' | Shell BP | | This is Money
__________________
Supporting Barcelona 2012/2013 Blackburn Rovers Supporter Since 1950
|
|
|
|
|
|
17-10-2008, 14:20
|
#12 |
|
Senior Member
Join Date: May 2008
Location: Great Harwood
Posts: 941
Liked: 153 times
Rep Power: 13074
|
Re: Price of Petrol?
55.65p Fuel duty
17.02p Crude Oil 12.35p Refining and transport 14.88p VAT 99.9p Total per litre - current price. Double the price of the "crude oil" component above, and factor in the resulting effect on VAT, and you get 119.9p which was its peak price. It's not tax that fuels the increase, that just affects the basic price. Fuel duty went up by 2p on 1st October, (2.35p when you include VAT) which does not explain the wild changes we've seen this year. Last edited by Studio25; 17-10-2008 at 14:22. |
|
|
|
|
17-10-2008, 14:56
|
#13 |
|
God Member
Join Date: May 2007
Location: Back in Lancashire
Posts: 3,558
Liked: 7 times
Rep Power: 0
|
Re: Price of Petrol?
Find the cheapest fuel in your area: Very useful link?
Free UK fuel prices. 9,762 petrol stations covered - PetrolPrices.com
__________________
Supporting Barcelona 2012/2013 Blackburn Rovers Supporter Since 1950
|
|
|
|
|
17-10-2008, 18:34
|
#14 | |
|
God Member
Join Date: Feb 2007
Location: Kingston, Ontario, Canada
Posts: 9,290
Liked: 2347 times
Rep Power: 58527
|
Re: Price of Petrol?
Quote:
 Of course, that's 96.6 cents Canadian  Now figure out the exchange, and eat your hearts out  |
|
|
|
|
|
18-10-2008, 00:55
|
#15 |
|
Senior Member
Join Date: May 2008
Location: Great Harwood
Posts: 941
Liked: 153 times
Rep Power: 13074
|
Re: Price of Petrol?
It's worth paying twice as much for petrol so we don't share borders with the USA...
 |
|
|
|
All times are GMT. The time now is 02:41.
