OPEC Graph
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I guess there's no better business these days than a country... How do I open one? :)
To hell with circumstances; I create opportunities.
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Who gets what[^] I see the UK population and being stung by our own government.
Ah yes, but much as they try to deny it, their health service has to paid for. In Ireland, we solved this problem by not having a health service. Not that petrol is cheap here though ...
Regards Ray "Je Suis Mort De Rire" Blogging @ Keratoconus Watch 'Cos the righteous truth is, there ain't nothing worse than some fool lying on some Third World beach wearing spandex, psychedelic trousers, smoking damn dope pretending he gettin' consciousness expansion. I want consciousness expansion, I go to my local tabernacle an' I sing with the brothers and sisters -- Alabama 3
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We knew this already, there are so many pointless petitions to lower the taxes. The government are too reliant on this tax now. My most recent fill-up was £50 on my little hatchback... and it wasn't that empty... and it didn't even click off automatically, I just gave up at £50.
He who makes a beast out of himself gets rid of the pain of being a man
then again with current oil prices they'll be making way more in VAT and corporation tax from the sale. Fuel duty is only part of the money the government gets from the sale of fuel.
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Who gets what[^] I see the UK population and being stung by our own government.
norm .net wrote:
I see the UK population and being stung by our own government.
That graph is well out of date if it is suggesting $1.25 per litre of petrol at the pumps. I filled up at the weekend and paid £1.15 (over $2.00) per litre. It now costs me £10 ($20) more to fill the tank than it did a year ago. The cost of fuel is totally absurd. About a year or two ago the difference in price between a litre of deisel and petrol was about a penny or two. Now the gap is much wider! No wonder haulage companies are being hit hard. No wonder inflation is beginning to spiral out of control if it costs vastly more to transport it to the shops.
Recent blog posts: * Introduction to LINQ to XML (Part 1) - (Part 2) - (part 3) My website | Blog
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norm .net wrote:
I see the UK population and being stung by our own government.
That graph is well out of date if it is suggesting $1.25 per litre of petrol at the pumps. I filled up at the weekend and paid £1.15 (over $2.00) per litre. It now costs me £10 ($20) more to fill the tank than it did a year ago. The cost of fuel is totally absurd. About a year or two ago the difference in price between a litre of deisel and petrol was about a penny or two. Now the gap is much wider! No wonder haulage companies are being hit hard. No wonder inflation is beginning to spiral out of control if it costs vastly more to transport it to the shops.
Recent blog posts: * Introduction to LINQ to XML (Part 1) - (Part 2) - (part 3) My website | Blog
Probably OPEC can't keep up with updating the graph because the price of Oil is increasing every second. The Oil bubble is about to burst, soon I hope.
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norm .net wrote:
I see the UK population and being stung by our own government.
That graph is well out of date if it is suggesting $1.25 per litre of petrol at the pumps. I filled up at the weekend and paid £1.15 (over $2.00) per litre. It now costs me £10 ($20) more to fill the tank than it did a year ago. The cost of fuel is totally absurd. About a year or two ago the difference in price between a litre of deisel and petrol was about a penny or two. Now the gap is much wider! No wonder haulage companies are being hit hard. No wonder inflation is beginning to spiral out of control if it costs vastly more to transport it to the shops.
Recent blog posts: * Introduction to LINQ to XML (Part 1) - (Part 2) - (part 3) My website | Blog
People will just start driving off of forecourts without paying if it continues. If enough people do it the law will be powerless to stop them and then maybe, just maybe, Fatty B and Capt. Darling will take a hint. Although on Radio 4 this morning a spokesman said the Government is "listening". Well, that's alright then :)
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People will just start driving off of forecourts without paying if it continues. If enough people do it the law will be powerless to stop them and then maybe, just maybe, Fatty B and Capt. Darling will take a hint. Although on Radio 4 this morning a spokesman said the Government is "listening". Well, that's alright then :)
martin_hughes wrote:
Fatty B and Capt. Darling
:laugh: Their days are numbered, I bet Blair his laughing his socks off.
martin_hughes wrote:
Although on Radio 4 this morning a spokesman said the Government is "listening".
Yeah with a pair of Ear Defenders on.
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norm .net wrote:
I see the UK population and being stung by our own government.
That graph is well out of date if it is suggesting $1.25 per litre of petrol at the pumps. I filled up at the weekend and paid £1.15 (over $2.00) per litre. It now costs me £10 ($20) more to fill the tank than it did a year ago. The cost of fuel is totally absurd. About a year or two ago the difference in price between a litre of deisel and petrol was about a penny or two. Now the gap is much wider! No wonder haulage companies are being hit hard. No wonder inflation is beginning to spiral out of control if it costs vastly more to transport it to the shops.
Recent blog posts: * Introduction to LINQ to XML (Part 1) - (Part 2) - (part 3) My website | Blog
Colin Angus Mackay wrote:
The cost of fuel is totally absurd. About a year or two ago the difference in price between a litre of deisel and petrol was about a penny or two. Now the gap is much wider!
I suppose you're saying that diesel is more expensive, right? I mean, that's the trend lately... My question is... How can diesel, which is cheaper to produce, be more expensive than petrol?
To hell with circumstances; I create opportunities.
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Third, when some country offers to bring your democracy, you find a hole to hide in. :D
We are a big screwed up dysfunctional psychotic happy family - some more screwed up, others more happy, but everybody's psychotic joint venture definition of CP
blog: TDD - the Aha! | Linkify!| FoldWithUs! | sighist -
People will just start driving off of forecourts without paying if it continues. If enough people do it the law will be powerless to stop them and then maybe, just maybe, Fatty B and Capt. Darling will take a hint. Although on Radio 4 this morning a spokesman said the Government is "listening". Well, that's alright then :)
martin_hughes wrote:
People will just start driving off of forecourts without paying if it continues
People are apparently already trying. According to the news, some places have started putting spikes down to stop people getting away with it. Think I'll stick to my bicycle...
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Third, when some country offers to bring your democracy, you find a hole to hide in. :D
We are a big screwed up dysfunctional psychotic happy family - some more screwed up, others more happy, but everybody's psychotic joint venture definition of CP
blog: TDD - the Aha! | Linkify!| FoldWithUs! | sighist -
People will just start driving off of forecourts without paying if it continues. If enough people do it the law will be powerless to stop them and then maybe, just maybe, Fatty B and Capt. Darling will take a hint. Although on Radio 4 this morning a spokesman said the Government is "listening". Well, that's alright then :)
martin_hughes wrote:
Although on Radio 4 this morning a spokesman said the Government is "listening".
Well, it's easier than doing.
Deja View - the feeling that you've seen this post before.
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martin_hughes wrote:
Although on Radio 4 this morning a spokesman said the Government is "listening".
Well, it's easier than doing.
Deja View - the feeling that you've seen this post before.
Yeah, but they even manage to cock the listening up :)
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We knew this already, there are so many pointless petitions to lower the taxes. The government are too reliant on this tax now. My most recent fill-up was £50 on my little hatchback... and it wasn't that empty... and it didn't even click off automatically, I just gave up at £50.
He who makes a beast out of himself gets rid of the pain of being a man
My last fill up was over £80 for 70litres of diesel. The saving grace for me was that I then did 500 miles @ 60miles to the gallon and will claim that back at 40p/mile - so I'll claim £200 back and still have enough fuel for a couple of weeks of normal commuting! I'm aware the mix of units might confuse some, but in the UK we drive "miles", buy "litres" and compare fuel efficiency in "miles per gallon" :wtf:
Regards, Ray
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norm .net wrote:
I see the UK population and being stung by our own government.
That graph is well out of date if it is suggesting $1.25 per litre of petrol at the pumps. I filled up at the weekend and paid £1.15 (over $2.00) per litre. It now costs me £10 ($20) more to fill the tank than it did a year ago. The cost of fuel is totally absurd. About a year or two ago the difference in price between a litre of deisel and petrol was about a penny or two. Now the gap is much wider! No wonder haulage companies are being hit hard. No wonder inflation is beginning to spiral out of control if it costs vastly more to transport it to the shops.
Recent blog posts: * Introduction to LINQ to XML (Part 1) - (Part 2) - (part 3) My website | Blog
Fuel tax is currently 50.35p per litre on Ultra-Low Sulphur Petrol. That means the government is taking 43.8% of the price as fuel duty. In addition there's 17.5% VAT, so the majority of the price is still tax. However, the VAT is proportional to the overall price - as crude prices rise the VAT rises in proportion. The large fuel duty actually acts as a dampener in percentage terms: a doubling of crude prices has had a much smaller effect overall. The duty is there to act as an economic discouragement to excessive consumption (this doesn't, unfortunately, stop a lot of people). I've started a petition (waiting for confirmation) on the PM's website asking the government to intervene in and regulate the London ICE Exchange oil futures market. Long-term oil contracts between companies, and transfers between production and refining divisions of the same company, are priced in terms of the oil futures prices on ICE and New York's NYMEX. These markets are supposed to represent open trading, for the small amount of oil that isn't going straight to refineries. However, it's possible to redeem the contract for cash at the end of the period, at the current index price, rather than for oil. (Source[^].) Because NYMEX is regulated, the US West Texas Intermediate blend is also traded on ICE. NYMEX is lightly-regulated: the regulator, the Commodity Futures Trading Commission permits the speculator to only put 6% of the value of the contract in up-front, a gearing ratio of 16:1. Currently that's about $8. If the price rises only 2%, by $2.56 on a barrel at $128, the investor makes a 32% return. ICE is unregulated. Source[^]. From a personal perspective, my Ford Focus was beginning to show its age, at seven years - it recently needed a new coil pack which may have been related to an unexpected deep puddle on a very wet day - so I decided to trade it in. I've bought a Toyota Prius. With sensible driving it's showing around 59mpg Imperial on its own graph, although I've not yet calculated the real consumption for the last tank. The previous tank came out at 55mpg.
DoEvents: Generating unexpected recursion since 1991
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Colin Angus Mackay wrote:
The cost of fuel is totally absurd. About a year or two ago the difference in price between a litre of deisel and petrol was about a penny or two. Now the gap is much wider!
I suppose you're saying that diesel is more expensive, right? I mean, that's the trend lately... My question is... How can diesel, which is cheaper to produce, be more expensive than petrol?
To hell with circumstances; I create opportunities.
http://www.petrolprices.com/why-diesel-costs-more-than-petrol.html[^]
DoEvents: Generating unexpected recursion since 1991
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People will just start driving off of forecourts without paying if it continues. If enough people do it the law will be powerless to stop them and then maybe, just maybe, Fatty B and Capt. Darling will take a hint. Although on Radio 4 this morning a spokesman said the Government is "listening". Well, that's alright then :)
martin_hughes wrote:
maybe, just maybe, Fatty B and Capt. Darling will take a hint.
No they won't. I heard that if someone drives off the forecourt without paying then it is the petrol station owner (and remember most are franchises) pays. They pay for the lost fuel, the pay the VAT and they pay the fuel duty. If people just drive off forecourts all that will happen is that petrol station owners will go out of business and that will just hit the consumer.
Recent blog posts: * Introduction to LINQ to XML (Part 1) - (Part 2) - (part 3) My website | Blog
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Fuel tax is currently 50.35p per litre on Ultra-Low Sulphur Petrol. That means the government is taking 43.8% of the price as fuel duty. In addition there's 17.5% VAT, so the majority of the price is still tax. However, the VAT is proportional to the overall price - as crude prices rise the VAT rises in proportion. The large fuel duty actually acts as a dampener in percentage terms: a doubling of crude prices has had a much smaller effect overall. The duty is there to act as an economic discouragement to excessive consumption (this doesn't, unfortunately, stop a lot of people). I've started a petition (waiting for confirmation) on the PM's website asking the government to intervene in and regulate the London ICE Exchange oil futures market. Long-term oil contracts between companies, and transfers between production and refining divisions of the same company, are priced in terms of the oil futures prices on ICE and New York's NYMEX. These markets are supposed to represent open trading, for the small amount of oil that isn't going straight to refineries. However, it's possible to redeem the contract for cash at the end of the period, at the current index price, rather than for oil. (Source[^].) Because NYMEX is regulated, the US West Texas Intermediate blend is also traded on ICE. NYMEX is lightly-regulated: the regulator, the Commodity Futures Trading Commission permits the speculator to only put 6% of the value of the contract in up-front, a gearing ratio of 16:1. Currently that's about $8. If the price rises only 2%, by $2.56 on a barrel at $128, the investor makes a 32% return. ICE is unregulated. Source[^]. From a personal perspective, my Ford Focus was beginning to show its age, at seven years - it recently needed a new coil pack which may have been related to an unexpected deep puddle on a very wet day - so I decided to trade it in. I've bought a Toyota Prius. With sensible driving it's showing around 59mpg Imperial on its own graph, although I've not yet calculated the real consumption for the last tank. The previous tank came out at 55mpg.
DoEvents: Generating unexpected recursion since 1991
Mike Dimmick wrote:
I've bought a Toyota Prius. With sensible driving it's showing around 59mpg Imperial on its own graph, although I've not yet calculated the real consumption for the last tank. The previous tank came out at 55mpg.
Nice. The best I've managed out of my wee Toyota Yaris is 54.5 MPG with some careful driving and a tank of super-unleaded (99 octane) fuel. My parents have switched to the more expensive deisel because they get more milage out of it and it works out slightly cheaper per mile.
Recent blog posts: * Introduction to LINQ to XML (Part 1) - (Part 2) - (part 3) My website | Blog
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No, it was wit, humor, a joke even.
"Why don't you tie a kerosene-soaked rag around your ankles so the ants won't climb up and eat your candy ass..." - Dale Earnhardt, 1997
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"...the staggering layers of obscenity in your statement make it a work of art on so many levels." - Jason Jystad, 10/26/2001 -
martin_hughes wrote:
maybe, just maybe, Fatty B and Capt. Darling will take a hint.
No they won't. I heard that if someone drives off the forecourt without paying then it is the petrol station owner (and remember most are franchises) pays. They pay for the lost fuel, the pay the VAT and they pay the fuel duty. If people just drive off forecourts all that will happen is that petrol station owners will go out of business and that will just hit the consumer.
Recent blog posts: * Introduction to LINQ to XML (Part 1) - (Part 2) - (part 3) My website | Blog
Colin Angus Mackay wrote:
the pay the VAT and they pay the fuel duty
Paying tax on nicked fuel? Only in Britain!
