Friday, July 8, 2011
Sourced from From the Metro.co.uk
 
The motoring organisation said 1billion fewer litres of fuel were sold in the first three months of this year compared with the same period before the financial crisis in 2008.


‘Our study shows the real impact of record pump prices,' said AA president Edmund King. ‘The full impact of higher VAT, unbridled market speculation and a weaker pound on fuel prices and drivers' ability to afford them have been laid bare.'


Compared with the same period in 2008, service stations saw a 15.2 per cent dip in petrol sales and a six per cent fall in diesel in the three months to March.


That equates to a £637.8million hit to the treasury in lost taxes.
Last month, a litre of unleaded petrol stood at a record high of 136.1p, diesel 139.9p and super unleaded at 143.4p.


To fill up a 50l tank of fuel with ordinary unleaded petrol now costs £68.
An estimated 1.3million motorists have given up driving in the past year because of rising costs.


But with the average annual fuel bill now £1,720



Please donate to help the fight for lower fuel prices and a better deal for drivers


Share this Post:    

ADD YOUR OWN COMMENTS BELOW THIS POST. THEY ARE VERY WELCOME


[ posted by Jim King, 08.07.11 17:12 ]

I dont remember saying that, must have been sleep talking again.

but like i have stated earlier, if you want to gain money by taxing fuel, then tax it at a Far far lower level than it is now.

10 p a litre tax or less

this will gain money overall, C'est pas sorcier

reply


[ posted by Colin Smith, 11.07.11 23:26 ]

I've got a question for your MP to ask at PMQ's:

How is the UK supposed to be competitive with the rest of the world if our workers can't afford to get to work, our hauliers can't afford to deliver orders, manufacturers can't afford their materials because the price of fuel has pushed up the transportation costs, and shops can't sell any goods anyway because shoppers can't afford to visit the shops or afford the price increases from the transportation costs.

I'm not an economist, but it's plainly simple to see that the current inflationary pressures are being driven by the high fuel and transportation costs being passed onto consumers, rather than the usual pressures which rise from the markets.

If Cameron & the government were truly serious about reviving the economy, cutting the costs of fuel and allowing both consumers and businesses room to breath would be a good start.

We now have people in real deep poverty and unable to even feed themselves and their families due to the high prices...

It's time's like this I remember an old saying ... "Any civilisation is just 3 meals away from revolution"...

Cameron and the government should do something about this now before the growing minority of people who believe in direct action are no longer a minority and this prophecy becomes a reality.

You can't eat money, and I don't relish the prospect of going shopping with bricks, which is where the UK as a civilisation is currently headed...

reply


[ posted by Rob Slack, 13.08.11 10:14 ]

How do you know the reduction if fuel consumption was due to prices and not the general economic situation? YOU DON'T. It is liklely, almost certain, some...perhaps most...was a lagging response to things that had happened earlier.

Oil imports are substantial. We have external debt because we import more than we export. Reduced oil consumption will help reduce the external deficit and so too the level of debt.

Using fuel is an expense. reducing consumption reduces an expense.

Most of the pump price of fuel is tax. If the government collects less taxes from fuel sales it MUST: increase other taxes, reduce spending or borrow (or a combination).

It is reasonable to discuss fuel costs; they are high. It is not sensible for people to rant without consideration of full facts, as "Jim King, July 08, 2011 18:12" has....twaddle, Jim, pure twaddle.At least in the short run fuel demand is very price inelastic.

And Colin Smith, July 12, 2011 0:26: "....How is the UK supposed to be competitive with the rest of the world if our workers can't afford to get to work, our hauliers can't afford to deliver orders, manufacturers can't afford their materials because the price of fuel has pushed up the transportation costs, and shops can't sell any goods anyway because shoppers can't afford to visit the shops or afford the price increases from the transportation costs. ...." Pure twaddle. The economy is growing, exports are growing. (Slowly in both cases, but GROWING).

So far as I can see, most of the support for this campaign is self interested blinkered and myopic; being presented as social concern. I hope it is because people are not very bright, rather than dishonest.

reply


[ posted by G Messent, 15.08.11 08:02 ]

Rob Slack

Get a grip on reality. You obviously have either far too much money, or no common sense. Take a look at the other comments on this site. You are in the minority.

Fuel tax (and many others) in this country are crippling us. If there is any growth in trade etc, it's purely down to hard work and enterprise on the part of the man in the street, not the politicians riding the gravy train on our backs.

Fuel tax is far too high. The many and varied knock on effects are far too numerous to mention here, but district nurses having to cut down on patient visits is enough for me by itself!

The answer is simple, other cutbacks, and before you ask "where exactly", I'll tell you.

Start worrying about the UK and UK citizens, not other countries and other nationals. We can't even support our own old age pensioners, the people that fought for this country all those years ago. The UK is a disgrace in the eyes of most UK citizens, and a laughing stock in the eyes of the rest of the world.

Trimming a few percent off budgets here and there is not enough, this country is in dire straits. If you are in any doubt about this, just look at the recent riots around the country. Obviously those involved have no excuse, but...... If ever an indicator of social unrest, unhappiness an frustration was needed, the government have just been given one. Take my word for it, we haven't seen the last of this behaviour!

This country has gone too far in trying to be all things to all people, and it has to stop. To be blunt, we cannot afford it. The answer is to stop trying to raise ever more in taxes, and to cut what we actually spend instead. How much more are you prepared to keep paying in taxes whilst getting less value for it? It has to stop!

Stop immigration, except for highly skilled and highly motivated individuals that will contribute to this country and it's coffers. Stop all NHS free treatment for non UK nationals. Stop the flood of Eastern European workers flocking to this country and taking the jobs of UK nationals. Stop all benefits for those habitual unemployed that spend their time riding the backs of those that work, etc, etc. I could go on but time is short.

How much longer do you want to be the overworked and overtaxed "Donkey", stumbling along, with your load ever increasing, before your legs give out, and your reward is the k*ackers yard?

I work as a professional, and earning quite a reasonable salary, 40% of which I already pay in tax. I can't even get a dental examination here in the UK without sticking my hand in my pocket for £50. The fitting of a crown recently cost me £600! Don't start me!

Increasing fuel tax is lunacy. Fuel price goes up, fuel sales and revenue for the government goes down (fact).
Hardship ensues for those reliant on transport. More people are stuck at home, cannot afford to take jobs due to travel costs, the list is endless. Again, and before you ask, I have evidence of all of the above! Even my own situation, which relies heavily on me being able to travel the country between airports, is now under review. If the price of fuel continues to climb, and the road tax penalty for larger/older cars (pure twaddle) continues to go up, I will be FORCED to quit my job. Another casualty who will not be contributing towards the coffers, but instead draining them

Wake

reply


[ posted by Jim King, 15.08.11 18:57 ]

In response to Rob Slack,

Hello Rob, I dont think in my entire life I have ever read such "twaddle" as your post.

Fuel demand is not price inelastic, or if it is then try to present your argument to the truck drivers i know, who are now unemployed. That's right on the dole claiming benefits, because the firm cant run the truck anymore. So the government lose the tax of the wagon road tax, the wagon fuel tax, and the income tax of the driver, instead they pay they driver dole money. People no longer use the car for leisure, only for work mileage, and once the price of getting to work outcosts the money they make they quit. stopping the income there too.

To be fair Rob its either you who is dishonest or as I would rather think you had been drinking before you posted.

reply


your name*

email address*

Add your own comments below this post. They are very welcome*
You may use these HTML tags:<p> <u> <i> <b> <strong> <del> <code> <hr> <em> <ul> <li> <ol> <span> <div>

verification code*
 



 
RECENT POSTS

 
OLDER POSTS