From Der Spiegel - an article about apparent shenanigans regarding the price of gasoline in Germany entitled, "Big Oil's Strategy For Jacking Up Gas Prices - Confusion at the Pumps"
Well it could be worse and your in the UK where a (Imperial) Gallon will set you back $9.99 (£6.30), based on 4.5ltrs at $2.22 (£1.40), now you will need a
Well it could be worse and your in the UK where a (Imperial) Gallon will set you back $9.99 (£6.30), based on 4.5ltrs at $2.22 (£1.40), now you will need a
Regards
Well Andy, at 3.7 for a US gallon or your 4.5 it would seem we are talking about pennies differences. Regardless, my Yankee countrymen have little to complain about with their cheap gasoline.
__________________ "Ask not what your country can do for you"
Well Andy, at 3.7 for a US gallon or your 4.5 it would seem we are talking about pennies differences. Regardless, my Yankee countrymen have little to complain about with their cheap gasoline.
Indeed, it would seem like Christmas every time I went for some gasoline. Heck, I could fill up again without getting a loan first.
It's now 70 quid to fill up my tank....
This may well really be Camerons achilles hee as it effects everyone especailly through transportation costs of goods. Theres not much he can do about oil prices but most of this is tax and he can do something about that...
Theres not much he can do about oil prices but most of this is tax and he can do something about that...
If he reduces petrol taxes he has to:
a: put up other taxes to compensate, or
b: cut spending further when the largest spending cuts we have had in modern times are already being implemented, or
c: borrow more money in a climate where European countries are having tremendous difficulties selling government bonds and ratings agencies have warned Britain has no remaining leeway in its efforts to reduce debt.
In other words there isn't much he can do about the tax on fuel. The government needs every penny it can get its hands on at the moment.
b: cut spending further when the largest spending cuts we have had in modern times are already being implemented, or
c: borrow more money in a climate where European countries are having tremendous difficulties selling government bonds and ratings agencies have warned Britain has no remaining leeway in its efforts to reduce debt.
In other words there isn't much he can do about the tax on fuel. The government needs every penny it can get its hands on at the moment.
I disagree and you know my views on dealing with the defecit. The rising price of fuel means they are taking in more tax than they otherwise would have had. The cumulative effect of high fuel prices is increasing prices for everyone else so VAT intake will be increasing aswell. However there is a point where prices being too high will cut peoples spending lowering the tax take (see the laffer curve) while their popularity will fall because of it. ie Too higher fuel prices will ultimately effect the economy via lack of spending and inflation. a) They can afford to lose some tax income they wouldn't necesarily have got and b) They need to be seen to take off some pressure or suffer the electoral consequeces. At the very least the 3p rise in the summer should be stopped...
Well it could be worse and your in the UK where a (Imperial) Gallon will set you back $9.99 (£6.30), based on 4.5ltrs at $2.22 (£1.40), now you will need a
Regards
Quote:
God, give me $5 gasoline.
Answer to the math quiz is $8.40
I paid $3.65 (U.S.$) at the pump early this week.
Well, it's nice to finally get some pleasure for shelling out so much cash on Gasoline.
But how many of you rely on autos and fuel prices to live well?
I paid $3.65 (U.S.$) at the pump early this week.
Well, it's nice to finally get some pleasure for shelling out so much cash on Gasoline.
But how many of you rely on autos and fuel prices to live well?
3.65. LOL Yes please.
For some it is is a 50% increase in petrol bills over the last 18 months. Thats a lot for some in terms of disposable income. But a 50% increase in transportation costs for businesses and hauliers is definitley a problem. Hauliers have been going under...
$3.65!!!!!!!!!!!!!!!! Merry Christmas, Happy Birthday, Happy Halloween and all those other nice days we get gifts. Yesterday it was 1.75 Euro per liter here. Half of that price is taxes of one sort or another.
__________________ "Ask not what your country can do for you"
I believe that Osborne does have wiggle room concerning the Tax on fuel, and that a small cut will give people a positive psychological nudge.
Though on the whole I tend to agree with Hop concerning cold hard facts n figures, economics are also tightly meshed in the less easily measured psychology of the consumer. The Government needs to reassure the popn all the time that this pain is bringing positive longterm benefits and results. At present I feel that whatever message they have is being lost in non stories-such as the pasty debacle. The increase in personnel allowances was lost amongst a pension debate etc.
Though Labour aren't gaining ground or trust on the whole, there running good interference that is negating the Coalitions
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