Saturday, January 12, 2013

Quentin Willson with Robert Halfon MPJust when we thought that we had fuel prices under control, oil analysts now tell us to expect a barrel of crude to rise by at least $10 in 2013. Better than expected Chinese economic data, a terrorist attack on a pipeline in Yemen and our old friends in OPEC cutting back supply have moved prices up by nearly $2 this week. If the expected ten bucks rise does happen that could translate to another 10p a litre at our pumps and push diesel over the dreaded £1.50 mark again. Grim news, and reason for the government to give us a blanket cut in fuel duty this year. And I don't mean a rural subsidy for remote communities - I don't believe that's at all workable - but a solid 5p a litre cut for everybody to stimulate growth in 2013.

 

We need to resign ourselves to the fact that this year is going to see significant rises in the cost of oil and we need to protect our economy from the debilitating consequences. So far the government has done well and listened carefully to FairFuelUK's arguments, but the spectre of unaffordable road fuel in the UK hasn't gone away, nor will it anytime soon. Without our campaigning diesel would be £1.52 right now and the economy would be bleeding jobs and contracting fast. Our relentless pressure has saved the UK economy £5.5 billion in needless fuel duty rises and put money into everybody's pockets. In 2013 FairFuelUK, and our tireless MP Robert Halfon (pictured with me), will be lobbying for a cut in duty, further investigations into pump prices by the OFT and an examination of oil market speculation. 


So stay with us, keep visiting the site and get as many friends as you can to sign up.


Happy New Year

Quentin




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[ posted by David Britten, 12.01.13 12:08 ]

One solution is to resurrect the alternative fuel options so long buried by oil companies. Once the need for oil attenuates, the price will come down. The other alternative is to allow inflation to escalate to the point that oil producers begin to lose out, as happened in the 70s.

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[ posted by Del, 12.01.13 13:42 ]

The only way we will ever get through to the government is doing the same as Spain and France when they protest. Stop all traffic even haulage and emergency services. Not the best thing to do but it will get through. Not good for our haulage we alway suffer. What happened to the great in great Britton?

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[ posted by mick lutton, 12.01.13 14:32 ]

the pressure needs to be kept on with this government

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[ posted by LionChris, 12.01.13 15:37 ]

Here we go again!! So called "analysts" talking up the market, so they can speculate on the result. I wonder how many of them have spread betting accounts!! At least half the problem with the fuel market (as with many others, eg LIBOR) is the way it is rigged by speculators and futures traders. I hope that the inquiries under way might shed some light on this, but I think I'd do better looking out of the window for flying pigs!!
Keep up the good work, Quentin and friends. We can never allow uor guard to drop.

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[ posted by Terry Brinklow, 12.01.13 17:49 ]

Please Keep up the pressure on the govenment for all our sakes.

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[ posted by Emma Freeman, 15.01.13 09:31 ]

Looking back at your blog it's about this time last year that rumours about Iran and other issues were going to increase the price of fuel.

You guy's have been doing a great job with the Fuel Duty, but we also need to see how we can reduce increase due to speculation. You only have to look at 2008 when fuel prices were creeping higher & higher, for them to drop suddenly with the economic crash to see that speculators have been making profits on this for years and it needs to stop.

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[ posted by Arthur Marsh, 13.03.13 13:00 ]

A further campaign needs to be run to equalise the price of fuel, there is no logical reason why diesel should be priced higher than petrol if anything it should be lower. The only reason is the extra profits that are being made because the diesel vehicle is by far the most prevalent. This is an ongoing scandal and the reasoning behind it is that because diesel vehicles are more economical than petrol, diesel motorists are more likely to say ah well it is dearer but at least I am getting more miles to the gallon. The differential doesn't exist across Europe why are we accepting it here. It has been further added to by the 'clever' decision by Andy Scarfe, the Asda fuel price director, to reduce Asda pump prices by 3p for petrol and 2p for diesel, further increasing the Asda differential. Will that differential reduce again when prices inevitably start to increase again. Yes the market is working well for the businesses involved, but it is high time this disgusting sham of a differential was seen for what it is, obscene profiteering, and seen off.

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