Petrol Prices rising steadily since New Year

[Webmaster]

The last quarter of 2008 saw a massive decrease in fuel price with unleaded dropping from its peak of 118p a litre down to almost 85p a litre at the start of the new year.

However over the last month prices have been slowly creeping up again, with prices now at 88p per litre and looking as if they will breach 90p again. Perhaps £1 will be on the card again soon?




Petrol prices have benefited from the huge drop in oil prices, where they peaked at $147 a barrel and then collapsed down to $35 a barrel.  Since then oil has been making a bit of a come back (with OPEC starting to cut production) and prices have crept back up to $47 a barrel.

Where do you think prices will go next? Have you found your fuel bill increasing again in the last few weeks? What do you think we should do about it?

[methods]

Why do the British put up with this nonsense? Prices of petrol, cigarettes, alcohol, transport, food, all absolutely ludicrous. Even Germany and France are significantly cheaper; the U.S about 50% the prices in Britain; or Asia about 25%. No exaggeration! On top of that you have vicious income taxes, capital gains tax, and 20% VAT. Amazing. In Singapore maximum tax is 20% on income, 5% GST, no tax on foreign income, no tax on earned interest, no capital gains tax. In Hong Kong even better, and in Dubai better still. 55 million of you sit around taking it on the jaw from a bunch of nincompoops and rogues, and there are sunnier climes, believe me!