Prepare to feel annoyed! The Daily Mail has revealed that the cost of petrol in the UK is almost the lowest in the whole of Europe (second only to Estonia). However, once taxes are added on, petrol in the UK becomes the fifth most expensive in Europe, with only Greece, Holland, Italy and Malta paying more.
According to The Daily Mail report, the cost of petrol before tax in the UK is just 32.4 pence per litre. The majority of the difference between that figure and what you pay at the pump is due to VAT and fuel duty.
Surprisingly, there’s even been talk of fuel duty being raised in the wake of oil price reductions, but hopefully this won’t come to fruition in the run-up to an election. On the contrary, both The RAC and FairFuel UK are currently campaigning for a reduction in fuel duty in advance of the forthcoming UK budget.
The reality of what fuel really costs before taxes are added on make the government’s vocal calls for retailers to pass on oil price savings seem rather hypocritical. As Stephen Glaister, the RAC Foundation’s director rightly says, the person with the “biggest influence” on what we really pay is Chancellor George Osborne. It’s therefore no surprise that he attempts to deflect attention elsewhere.
How do they come to this conclusion oil has started to go down again but the pump prices as still the same showing the petrol companies profiteering from the road user fine the companies for making a lot of families struggle in bad times
With the oil price still dropping and an excess production of 1.6 million barrels a day removing any chance of a price rally. Why is the price of fuel in the UK creeping upwards?
Here in Plymouth we saw £1.11 a litre for diesel and now we see £1.15 a litre and the base product price has actually fallen!
Do they really believe we don’t notice these pennies here and there?
With the oil price still dropping and an excess production of 1.6 million barrels a day removing any chance of a price rally. Why is the price of fuel in the UK creeping upwards?
Here in Plymouth we saw £1.11 a litre for diesel and now we see £1.15 a litre and the base product price has actually fallen!
Do they really believe we don’t notice these pennies here and there?
I notice that despite oil prices coming down again the price of fuel is steadily (or stealthily) going up!
Commenters on here are right, oil price at an all time low and yet prices have just gone up again. Allowing for taxes, petrol should be between £0.96 to £1.00 per litre. Someone somewhere is making a BIG profit at our expense!!
The issue is the TAX and tax on tax that we are all paying.
This needs to be put on the petrol receipts and we know WHY the government don’t want that don’t we. Most would be appalled.
At the end of the day we let all this corruption, greed and fraud go on around us.
Power is in numbers. If we all stood up to them and said NO then things might just change for the better. Don’t be fooled into thinking ANYTHING they do is for our benefit. It’s to keep us sweet so they can continue to live in opulence whilst we all slave for them and struggle.
Maybe not for much longer.eh!
Haven’t you figured it out yet most big corporations are corrupt. PERIOD.
The investigative arms that are presumably there to protect our interests are funded by those who take us for a ride. LITERALLY.
Ofcom, Ofgem, whatever name they come up with. They are FUNDED by those they ‘investigate’. They always side with the corporation. It’s an illusion to make us THINK they are being investigated.
Oh and please don’t remove this post as you did last time or don’t you condone the TRUTH?
You action will tell.
How do they come to this conclusion oil has started to go down again but the pump prices as still the same showing the petrol companies profiteering from the road user fine the companies for making a lot of families struggle in bad times
With the oil price still dropping and an excess production of 1.6 million barrels a day removing any chance of a price rally. Why is the price of fuel in the UK creeping upwards?
Here in Plymouth we saw £1.11 a litre for diesel and now we see £1.15 a litre and the base product price has actually fallen!
Do they really believe we don’t notice these pennies here and there?
With the oil price still dropping and an excess production of 1.6 million barrels a day removing any chance of a price rally. Why is the price of fuel in the UK creeping upwards?
Here in Plymouth we saw £1.11 a litre for diesel and now we see £1.15 a litre and the base product price has actually fallen!
Do they really believe we don’t notice these pennies here and there?
I notice that despite oil prices coming down again the price of fuel is steadily (or stealthily) going up!
Commenters on here are right, oil price at an all time low and yet prices have just gone up again. Allowing for taxes, petrol should be between £0.96 to £1.00 per litre. Someone somewhere is making a BIG profit at our expense!!
The issue is the TAX and tax on tax that we are all paying.
This needs to be put on the petrol receipts and we know WHY the government don’t want that don’t we. Most would be appalled.
At the end of the day we let all this corruption, greed and fraud go on around us.
Power is in numbers. If we all stood up to them and said NO then things might just change for the better. Don’t be fooled into thinking ANYTHING they do is for our benefit. It’s to keep us sweet so they can continue to live in opulence whilst we all slave for them and struggle.
Maybe not for much longer.eh!
Haven’t you figured it out yet most big corporations are corrupt. PERIOD.
The investigative arms that are presumably there to protect our interests are funded by those who take us for a ride. LITERALLY.
Ofcom, Ofgem, whatever name they come up with. They are FUNDED by those they ‘investigate’. They always side with the corporation. It’s an illusion to make us THINK they are being investigated.
Oh and please don’t remove this post as you did last time or don’t you condone the TRUTH?
You action will tell.