JamesC Posted July 4, 2009 Share Posted July 4, 2009 Just wondering why the petrol is going up again? As far as i know the oil is still fairly cheap, and the exchange rate is a little better now, so whats the reason - apart from them being hungry? Quote Link to comment Share on other sites More sharing options...
RedM Posted July 4, 2009 Share Posted July 4, 2009 Everything else goes up. Why would fuel be any different? Quote Link to comment Share on other sites More sharing options...
Guest Budz86 Posted July 4, 2009 Share Posted July 4, 2009 Because they are money grabbing bast... Quote Link to comment Share on other sites More sharing options...
JamesC Posted July 4, 2009 Author Share Posted July 4, 2009 Everything else goes up. Why would fuel be any different? Not by that % over the course of a month or so. Quote Link to comment Share on other sites More sharing options...
RedM Posted July 4, 2009 Share Posted July 4, 2009 Because they are money grabbing bast... Are they or are you just miffed that you have to fill up an uneconomical car? Quote Link to comment Share on other sites More sharing options...
JamesC Posted July 4, 2009 Author Share Posted July 4, 2009 Are they or are you just miffed that you have to fill up an uneconomical car? I would say both Quote Link to comment Share on other sites More sharing options...
imi Posted July 4, 2009 Share Posted July 4, 2009 Well, they know that we can afford to pay 135p / ltr, so why not.... No as if we are going to strike / mass protests of anything. We are way too comfortable and they know it. Quote Link to comment Share on other sites More sharing options...
lexsum Posted July 4, 2009 Share Posted July 4, 2009 but the fuel strike showed we don't need it as much as they want us to - in the main most can get by without moving about in a car. Quote Link to comment Share on other sites More sharing options...
wrenlea Posted July 4, 2009 Share Posted July 4, 2009 Believe it or not part of the reason every summer is that the people in the USA all go on holiday and buy more fuel and hence the price goes up. A feature of the "global economy" is that that actually affects everywhere else. As it is only just July this is probably going to cause more rises in the next week or so, so I am not sure why the recent increases have happened. When vat went down in December the govt kindly increased duty to keep the price the same This December when vat goes back up the govt will reduce the duty to keep the price the same (surely !) Quote Link to comment Share on other sites More sharing options...
Guest Budz86 Posted July 4, 2009 Share Posted July 4, 2009 Are they or are you just miffed that you have to fill up an uneconomical car? To be honest engine size is irrelevant (sp?) because everyone is now paying more to fill up and the bottom line is the government is earning because of it. Quote Link to comment Share on other sites More sharing options...
stevie_b Posted July 4, 2009 Share Posted July 4, 2009 Crude oil is nowhere near as cheap as it was earlier this year. What is it now, $70/barrel? The low was $35 ish. The more the world economy recovers, the higher the price of oil (hence petrol) will edge up. Expanding economies need oil, contracting ones less so. When the Chinese economy recovers and consumers in the Western World re-gain their appetite for Chinese goods, that'll really push the price up. Quote Link to comment Share on other sites More sharing options...
Gaz6002 Posted July 4, 2009 Share Posted July 4, 2009 The oil market reacts approximately 6 months behind world events, and the drop in oil prices was only engineered to help people through the first months of the credit crunch. No-one ever said they were going to stay low. In fact, quite the opposite. Quote Link to comment Share on other sites More sharing options...
ufop Posted July 4, 2009 Share Posted July 4, 2009 it really doesnt make any sense the amount it has been going up recently I think the only reason the goverment doesnt care is because they make so much out of all the tax! the cost of petrol isnt too bad..... its all the tax which is the problem! (I think). Quote Link to comment Share on other sites More sharing options...
imi Posted July 4, 2009 Share Posted July 4, 2009 we are reasonably in line with what other europeans are paying...... Quote Link to comment Share on other sites More sharing options...
sams Posted July 4, 2009 Share Posted July 4, 2009 there was on the new one the oil tycoons in arab land has restricted the amount of oil leaving his well causeing more demand on all the other companys and driving the price up all round the world, he done it on purpose to make profit as the price will be high Quote Link to comment Share on other sites More sharing options...
imi Posted July 4, 2009 Share Posted July 4, 2009 there was on the new one the oil tycoons in arab land has restricted the amount of oil leaving his well causeing more demand on all the other companys and driving the price up all round the world, he done it on purpose to make profit as the price will be high Seriously doubt that, the Americans control most of the oil in the middle east anyway and if there are not in control then they are more than happy to flex their military muscle and bomb the crap out of the country in order to do so (Iraq being a recent example). Also did this with Afghanistan and now trying it on with Iran. The whole economy is a fix, it was a false economy to start with (bullshit stock markets), the so called crisis is basically a reality check. Quote Link to comment Share on other sites More sharing options...
sams Posted July 4, 2009 Share Posted July 4, 2009 sorry it was on the news i missed the "s" off, he some where near dubai Quote Link to comment Share on other sites More sharing options...
stevie_b Posted July 4, 2009 Share Posted July 4, 2009 there was on the new one the oil tycoons in arab land has restricted the amount of oil leaving his well causeing more demand on all the other companys and driving the price up all round the world, he done it on purpose to make profit as the price will be high That's exactly what OPEC do isn't it? They're a cartel whose purpose is to manipulate the price of oil by controlling how much is pumped out the ground. Quote Link to comment Share on other sites More sharing options...
Pete Posted July 5, 2009 Share Posted July 5, 2009 we are reasonably in line with what other europeans are paying...... I was surprised to see in Italy last week they're paying more than us. Quote Link to comment Share on other sites More sharing options...
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