The cost of filling up our cars is getting beyond a joke - fuel prices are rising at a ridiculous rate of knots with no end in sight.
Do you realize in the UK we are paying the treasury 70p in every £1.00 in fuel tax? and they want more!
Gordon Brown could reduce fuel prices by 9p but he chooses not to do so, he seems to be happy letting us all suffer with the soaring fuel prices.
Greedy Gordon Brown really bends us all over an oil barrel pulls down our pants and does you know what!!!!
Now I don't know about anyone else but I have certainly had enough of being ripped off and taken for a mug by Gordon. The price of petrol and diesel is soaring with no end in sight and is here to stay.
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High Fuel Prices Here To Stay
Yahoo News 27th May 2008
Gordon Brown has warned that high oil prices are here to stay as Downing Street played down speculation over a U-turn on road and fuel taxes.
The Prime Minister said that while he wanted to help the "hardest hit" families, the problem of global demand outstripping supply was "long-term".
"Of course in the current situation we are trying to do things that will help those families who are hardest hit," Mr Brown said.
"This is not just a national problem. It is a global problem of supply and demand, not just in the short term but the medium term and the long term."
The comments, at a meeting with industry leaders in Scotland, came as the Government unveiled moves to boost North Sea oil production by up to 70,000 barrels a day. Business Secretary John Hutton said it was vital Britain made maximum use of its resources to ease pressure on the economy However, there was still confusion over how ministers would respond to anger among the public and Labour backbenchers over the planned rises in road and fuel taxes.
In the wake of strong hints from Cabinet ministers on Tuesday, Number 10 played down suggestions there could be a U-turn over the 2p hike in fuel duty and controversial reforms to road tax. "Of course we understand the concerns consumers face, but we also need to take into account the need to ensure stability, to fund public services and to promote efficiency," the Prime Minister's spokesman said. "All that John Hutton and Jack Straw were saying yesterday was nothing more than of course the Government understands the concerns that consumers face."
Daily Mail Tuesday April 29th 2008
By Ray Massey
Petrol ‘will soar to £1.50 a litre’
SOARING petrol prices are set to hit £1.50 a litre by the autumn, analysts warned last night.
Although drivers will feel the pain for months to come, Shell and BP are preparing today to announce profits of up to £6billion for the first three months of this year.
The contrasting fortunes between motorists and oil firms coincides with the average price of unleaded breaking through the landmark £5-a-gallon barrier (£1.10 a litre) this morning. MPs accused oil companies of ‘profiteering’.
The painful price rises have been spurred by the 48-hour Grangemouth refinery strike by 1,200 workers over pensions, due to end this morning, which ministers claim ‘has cost the UK dear’.
Militant fuel protesters have vowed to bring chaos to Central London today with a protest involving up to 500 lorries. Yesterday, the cost of crude oil hit a record of nearly $120 a barrel as Chakib Khelil, OPEC President and Algeria’s energy minister, revealed he does not rule out oil prices reaching $200 a barrel.
Against this volatile background, fuel experts are predicting petrol will hit £1.50 a litre by September — £6.82 a gallon. That could soar even higher when the Government — which takes 70p of every £1 spent at the pumps in tax — adds a controversial 2p tax hike in October.
Already, millions of motorists are paying far more than the average, with one filling station — Nick’s Tyres garage in Brentwood, Essex — reportedly charging £120.9p. Shell is expected later today to reveal record first quarter profits of £3.47billion — up nearly 5 per cent on last year. BP is expected to announce a 32 per cent rise in profits for the first three months of this year to a two-year high of £2.66biIllon.
Analysts predict they could make record annual profits of more than £34bilhon if oil prices remain at current levels. Broker Richard Griffiths, at Evolution Securities, says BP can expect an extra operating profit of £200million for every $1 rise in crude prices.
Sarah Teather, the Liberal Democrats’ business spokesman, said: 'Oil companies should not be profiteering while so many are struggling to make ends meet. ‘Consumers are already facing huge price hikes in food and utility bills. Now petrol prices seem to be rising while oil companies’ profits are going sky-high.
Mike Presneill, who is organising the fuel protest in London, said: 'Our industry is the lifeblood of the UK economy. ‘fuel is rising on a daily basis. It is now at levels that are bankrupting hundreds of small and medium-sized haulage companies.
Daily Mail April 2008
£5-a-gallon 'climate change' SCAM
GLOBAL warming will be ‘put on hold’ for the next ten years. according to scientists, The truth is that the Earth has actually been cooling for the past few years.
But that won’t stop the eco-nazis. Nor will it prevent politicians using dodgy climate change hysteria to keep increasing taxes.
Thanks to ‘climate change, thousands of people in Britain are lumbered with a car which is worth less than its annual road tax.
This is as a result of Gordon’s glove-puppet backdating higher duty on so-called gas guzzlers’ without actually telling anyone.
Like most of Labour’s nastier stealth taxes, it was smuggled in under the radar, tucked away in the small print.
Consequently, motorists who own fairly mundane family cars registered after March 2001 are getting clobbered. Some vehicles have slumped in value by up to 70 per cent.
Who wants to pay £500 road tax on a car which might be worth half that amount this time next year?
Of course, this won’t affect the Prime Minister or the Chancellor. Gordon doesn’t even hold a driving licence. Not for them the ‘carbon footprint’ surcharge, or the London congestion charge. Another 50p or even £1 a litre on petrol doesn’t concern them since they won’t have to pay it.
Parking tickets and speeding fines aren't their problem either.
They have chauffeurs and police escorts to ferry them around and drop them at the front door.
They won’t find themselves cruising endlessly searching for a space,
or panicking in the doctor’s surgery that their meter is about to run out and they’ll get back to the car to find it ticketed, clamped or towed away.
They wont be among the one in three drivers caught-each year by a camera or a traffic warden.
Labour has spent the past 11 years relentlessly criminalising motorists and syphoning money out of our petrol tanks to fill its own coffers.
Why should any member of Opec heed a plea from a British Prime Minister to increase production or lower prices when 70p of every £1 taken at the pumps goes straight to the Treasury?
The higher the price of a barrel of oil, the more the Government rakes in. Gordon Brown could afford to cut the price of petrol today by 9p a litre, but he won’t.
Maybe he’ll agree to suspend the planned 2p rise in duty as part- of his next ‘relaunch.
Then we’ll all be expected to be pathetically grateful.
More likely he’ll hide behind the ‘climate change’ argument and
insist he’s taxing us for the sake of the polar bears, As usual, it is ordinary people who bear the brunt, Simon Cowell wont be giving up his Roller any day soon because it costs £100 to fill his tank.
Big bangers in the hedge fund markets won’t junk their Ferraris if the congestion charge hits £26 a day. Bling-bling footballers aren't going to give up the keys to their Porsche Cayennes because road tax has risen to £500 a year.
Hardest hit will be less well - off families with older, larger cars.
What is a middle-income father-of- four with a 2001 Renault Espace supposed to do when the road fund bill lands and it costs half his disposable income to fill up with unleaded?
Like the doubling of council tax. the scrapping of the 10p income tax band, new rubbish taxes and dustbin fines, it always comes down on top of those who can least afford it — the people this Government is supposed to ‘care’ about.
I dont know about global warming, but the sooner Labour is put on hold for at least ten years, the better.