Thread: must be wednesday because....

The ACCC or fuel watch or whatever they want to call themselves are the biggest waste of time ever. Always mouthing they will take them to task but never do. $70 US a barrel, about time we cut off the food supply to these damn Arabs and see how they like it or charge them $2000 for a lamb.
Oil should not be more than $40 a barrel max, just good old greed and to blame the world market is crap, they could still sell it at a cheaper price.
Then there is our federal government ripping us off blind with 2 taxes (1 tax and 1 excise) which is a huge component. Would not mind if it went back into roads etc not political fundraising dinners.
$300 to fuel the two cars up this month and not even any real long trips, glad I did fuel up and take advantage of a 20c docket before it went up today.
Rant over.

I bought 115 litres of unlead at Coolangatta on Sunday for 113 cpl. But an hour south, where I live, the best price was 132 cpl. Nuts!

GQ

at least the 2 taxes are cheap here... i think the cost of petrol in the UK is made up out of 86% tax and the rest from petrol cost / overheads etc etc..

to Quote....

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Since 1993 taxation rates on oil production has increased 50% with Corporation tax and additional levies of 12.5% on top, with VAT is charged at 17.5% on top of that.

Petrol Retailers Assoc. stated that competition in UK was more competitive than Europe and many retailers are making less than 2% litre with 164 forecourts closed since 13 September due to the excessive level of taxation, supply prices and the effect of government intervention.

Level of taxation on fuel in 1979 was 49%, it is now 86% on leaded and 85% on unleaded and vehicle tax with insurance costs have risen 40% in the same period.

It was also pointed out that the increase in the price of fuel has had no effect on reducing consumption or car ownership; both have risen.

UK diesel is the highest priced in Europe (almost double that in France and Germany).

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still friggin irritating that they dont have to justify a 13.5% increase in cost of fuel just because its wednesday!

Thanks

Steve

Originally Posted by 5teve

at least the 2 taxes are cheap here... i think the cost of petrol in the UK is made up out of 86% tax and the rest from petrol cost / overheads etc etc..

to Quote....

-------------------------------------------------------------
Since 1993 taxation rates on oil production has increased 50% with Corporation tax and additional levies of 12.5% on top, with VAT is charged at 17.5% on top of that.

Petrol Retailers Assoc. stated that competition in UK was more competitive than Europe and many retailers are making less than 2% litre with 164 forecourts closed since 13 September due to the excessive level of taxation, supply prices and the effect of government intervention.

Level of taxation on fuel in 1979 was 49%, it is now 86% on leaded and 85% on unleaded and vehicle tax with insurance costs have risen 40% in the same period.

It was also pointed out that the increase in the price of fuel has had no effect on reducing consumption or car ownership; both have risen.

UK diesel is the highest priced in Europe (almost double that in France and Germany).

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still friggin irritating that they dont have to justify a 13.5% increase in cost of fuel just because its wednesday!

Thanks

Steve

Surprising they don't win the football more often, then.

Cheers
Simon

In the Uk fuel is knocking on the door of $2.50 a ltr.
A disco 2 Diesel will cost you $220 + to fill up

And before you lot say that they don't drive as far as Aus . The average Miles done a year in the uk is 12,000 mile (20,000k's) Same as here

And what about "World Parity Pricing" that Malcome Fraser brought in to cut fuel consumption because as everyone knows, WE RAN OUT OF OIL IN THE 90's

thats something that makes me chuckle..

some of the guys i work with.. they wont live any further out of the city than 10k's as its too far to drive to work, but then they will think nothing of driving for 8 hours to monkey mia or the like.. i think in the UK i could Just manage to drive for 8 hours without falling in the sea

Just had an email from missus too calling them robbing buggers

Thanks

Steve

It was a buck 40 here leading up to the long weekend, then it drop to low thirties, thats where it has been ever since, i paid $1.36.9 for diesel on monday, cost me smack on $100 to fill it with about 70L or a bit more