Petrol to hit 120p a litre, as motorists 'mugged' by oil companies - Telegraph
Time to get rid of the Merc.
Time to get rid of the Merc.
N7OGP
Active Member
What people need to is boycott one brand for a whole week, all over the world
JumboBeef
Active Member
- Joined
- Feb 20, 2009
- Messages
- 577
- Car
- W124 E220 Estate Auto
Petrol to hit 120p a litre, as motorists 'mugged' by oil companies - Telegraph
Time to get rid of the Merc.
I've already seen £1.22 around here
Thank God I'm on LPG
(filled up today at 57ppl).
Interesting that £1/L seems like a long time ago, where there was talk of revolution.
Now here were are at £1.20. Was there a loss of apatite, or is human nature just lazy?
Does anyone want to by my 2004 Smart ForTwo, capable of 70mpg. Must surely be worth £5k in this market?
Now here were are at £1.20. Was there a loss of apatite, or is human nature just lazy?
Does anyone want to by my 2004 Smart ForTwo, capable of 70mpg. Must surely be worth £5k in this market?
James Rothwell
Active Member
- Joined
- Feb 8, 2009
- Messages
- 905
- Location
- Dubai - UAE
- Car
- S500L (W220) PREV- S600L (W140),3x E320, E280, E240, S500, 450SLC, E300D Wagon
My local stations are £1.18 or £1.22 at the moment.
Per barrel oil is only $80 when it was $150 a barrel we where paying £1.30 what the hell will pump prices go up to if it goes back up to $150 per barrel again!
Per barrel oil is only $80 when it was $150 a barrel we where paying £1.30 what the hell will pump prices go up to if it goes back up to $150 per barrel again!
N7OGP
Active Member
we are only getting $1.50 to the £1, last year it was $2.00 to the £1
5.4 litre V8 = 
Sp!ke
Administrator
The problem is also compounded by bankers investing in oil futures and having large amounts of super tankers moored offshore for months fully loaded up with oil while waiting for the prices to rise before cashing in.
James Rothwell
Active Member
- Joined
- Feb 8, 2009
- Messages
- 905
- Location
- Dubai - UAE
- Car
- S500L (W220) PREV- S600L (W140),3x E320, E280, E240, S500, 450SLC, E300D Wagon
Does that really happen??
mattc
MB Enthusiast
The wholesale price of oil has increased dramatically as refineries have actually been closed. Presumably so the oil companies can charge more.
N70GP in post No.2 has the right answer as money is the only thing these rapacious bar stewards want.
N70GP in post No.2 has the right answer as money is the only thing these rapacious bar stewards want.
Sp!ke
Administrator
It is a daily mail link so not exactly the best for backing up ones post but until I find a better on this'll have to do.
Petrol prices: Oil tankers loitering off British coast as they lie in wait for price hikes | Mail Online
Here's another from FT.com
http://uk.finance.yahoo.com/news/ta...es-prices-rocket-ftimes-70e1355865bb.html?x=0
But dont worry, Britain needs these bankers.
Last edited:
You can boycott an oil company if you want, but how do you single one out when they're all doing the same thing? Not buying from one gives money to the others unless you literally give up the pumps for a week.
If you break down the prices assuming £1.20 per litre:
47.94p Fuel
54.19p Fuel Duty
17.8p VAT
I think that filling stations should put up signs outside that tell you exactly how much of the stated PPL goes to the gov't and how much goes to the oil company - I think it would surprise some people.
If you break down the prices assuming £1.20 per litre:
47.94p Fuel
54.19p Fuel Duty
17.8p VAT
I think that filling stations should put up signs outside that tell you exactly how much of the stated PPL goes to the gov't and how much goes to the oil company - I think it would surprise some people.
60% of the cost of fuel is TAX.
Baron_Samedi
MB Enthusiast
Got to pay for the recession some how....
What amazes me is that oil is somewhere near $80 a barrel and petrol prices are closing in on the price we paid when oil cost close to $150 a barrel.
Now I know sterling has suffered but not this much, surely?
What amazes me is that oil is somewhere near $80 a barrel and petrol prices are closing in on the price we paid when oil cost close to $150 a barrel.
Now I know sterling has suffered but not this much, surely?
- Joined
- May 28, 2004
- Messages
- 1,792
- Location
- Essex
- Car
- 1984 500SL, 2007 E320 CDI Sport Estate, 1995 SL320 R129
No we were not.....last March/April it was $1.48 when I went on holiday. The April before it was $2.00 to the £1.00
Yep - it's been a while since it was $2=£1
When I was in Miami in September it was about $1.6ish to the £1, it's since got worse.
Will
