Well, it’s official. The AA reports that the average price per litre of petrol within the UK is now 100.1p, the price of a litre of Diesel, a staggering 103.3p.
This is being caused by a combination effort. Firstly, Gordon Brown’s 2p/litre increase in tax pushed the price close to £1 followed by the Turkish intervention with the Kurds in Northern Iraq driving the price of a barrel of crude over $96.
The next pre-programmed increase in fuel tax in April from the former chancellor should see the UK fuel price pegged firmly in excess of £1/litre in perpetuity
Naturally, the huge and increasing cost of fuel has a knock-on effect and coupled with poor crops this year, the transportation costs of food are now showing up on the Supermarket Shelves. (Supermarket inflation reputedly running at 10-12% on groceries)
£1+ Fuel looks to be here to stay.
Tags: £1 litre, fuel price, uk
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Unleaded petrol in Australia is .650AD per litre. The present exchange rate is 2.44AD to £ 1.00. The reason for unleaded petrol prices in the U.K. being £ 1.00 per litre is because Gordon Brown and his successor are charging .65p per litre fuel taxation. We need to stop blaming the cost of a barrel of oil and focus upon who really is to blame for the cost.
I WISH WE COULD GET A GOVERNMENT TO SORT THIS COUNTRY OUT KICK THE QUEEN OUT WE DONT NEED HER SHE JUST TAKES UP SPACE IN A BUILDING THAT DOSENT BELONG TO HER AND MOANS THAT IT IS FALLING DOWN AROUND HER SHE SHOULD PAY FOR TO GET IT FIXED AND AS FOR THE GOVERNMENT HE SHOULD TRY TO REASON WITH OTHER COUNTRIES OR PUT OUR WAGES UP ONE OF THE TWO I AM SICK OF PUTTING THE TELEVISION ON AND THE NEWS ARE SAYING THE PRICE TO LIVE HAS GONE UP THERE ARE FAMILIES THAT I KNOW WHO CANNOT AFFORD ANY LUXIRIES WHATSO EVER AND THEY WORK FULL TIME JUST TO KEEP THE RENT AND THERE VITAL CAR RUNNING IT IS A DISGRACE DOSE ANYBODY ELSE THINK EMAIL ME BILLSTER6@HOTMAIL.COM
I think the Queen is excellent value for money as it only costs the equivalent of 10 days combat operations in Iraq to keep the entire Royal family and the estates for a year.
Giving consideration to the tourism revenues (why else would tourists visit this rainy island?) they’re probably one of the best economic investments we currently possess.