woodster
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| posted on 12/12/07 at 10:03 AM |
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Italian fuel strike
How things are different when you have the balls to stand up for what you believe is an injustice
http://today.reuters.com/news/articleinvesting.aspx?type=bondsNews&storyID=2007-12-11T212511Z_01_L11885125_RTRIDST_0_ITALY-STRIKE-UPDATE-3-PIX-TV
.XML
http://www.bloomberg.com/apps/news?pid=20601087&sid=ahH9hlPp3WaE&refer=home
[Edited on 12/12/07 by woodster]
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Duncan_P
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| posted on 12/12/07 at 10:15 AM |
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Yep and there fuel is cheaper than ours
(figures from nov in euro's)
Italy
unleaded-1.330
diesel 1.28
GB
unleaded -1.425
diesel 1.466
Prices are just getting silly at the moment someone i was speaking to the other day saw diesel at nearly £1.20 last week! All of this when crude
prices are starting to fall again 
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Jubal
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| posted on 12/12/07 at 10:16 AM |
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Whilst I have some sympathy for their plight it is diluted by the damage they are doing to ordinary people who just want to go about their business.
There's no justification whatsoever for disrupting everyone.
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Duncan_P
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| posted on 12/12/07 at 10:25 AM |
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I do partially agree but there are also factors caused by higher fuel prices (relative to the rest of europe) that do and will effect 'ordinary
people' above and beyond the initial cost to themselves for fueling their cars. Such as higher food costs, more foreign trucks, people being
put out of business.
Im not saying what they are doing is the correct answer, but im not sure that doing nothing is either.
One thing that i am sure on is that trying to use anti terror laws and threatening to use the military to break up protests as Brown is here is not
that way forward.
quote:
Originally posted by Jubal
Whilst I have some sympathy for their plight it is diluted by the damage they are doing to ordinary people who just want to go about their business.
There's no justification whatsoever for disrupting everyone.
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woodster
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| posted on 12/12/07 at 10:30 AM |
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when do we complain... when its £5..£6..£7... a gallon or do we just say nothing or do we let someone else complain and protest and stand by and do
nothing to support them
[Edited on 12/12/07 by woodster]
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woodster
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| posted on 12/12/07 at 12:10 PM |
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seems to be spreading across europe
http://edition.cnn.com/2000/WORLD/europe/09/11/europe.fuel/index.html
[Edited on 12/12/07 by woodster]..... or it did in 2000 will histroy repeat its self
[Edited on 12/12/07 by woodster]
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Hammerhead
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| posted on 12/12/07 at 12:59 PM |
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There is a huge discussion on pistonheads about this very topic.
The main gripe seems to be that duty is set at 56p per litre (ish don't flame meif i'm wrong) but VAT is charged on the cost of the actual
fuel AND the duty.
So we are being taxed on a tax. If the price of oil goes up the government benefit from the increase in the VAT they take. The duty stays the same.
It's a little strange that prices have continued to rise as crude has apparently lowered in price. It seems that the psychological ceiling of £1
per litre has been exceeded and now the sky is the limit.
BP made 1.89 Billion profit last year by the way.
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bonzoronnie
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 posted on 12/12/07 at 03:24 PM |
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Petrol duty
quote:
Originally posted by Hammerhead
There is a huge discussion on pistonheads about this very topic.
The main gripe seems to be that duty is set at 56p per litre (ish don't flame meif i'm wrong) but VAT is charged on the cost of the actual
fuel AND the duty.
So we are being taxed on a tax. If the price of oil goes up the government benefit from the increase in the VAT they take. The duty stays the same.
It's a little strange that prices have continued to rise as crude has apparently lowered in price. It seems that the psychological ceiling of £1
per litre has been exceeded and now the sky is the limit.
BP made 1.89 Billion profit last year by the way.
Very well put.
The £1 per litre has allways been the grand scheme of things.
It is unlikely we'll ever see it drop bellow that level again.
Ronnie 
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