alanmayes
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Posts: 1437
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« on: Monday, August 9, 2010, 14:05:12 » |
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Petrol Prices Set to Soar
4p-a-litre increase by August bank holiday
8% rise predicted by Jan 2011
Record-breaking 125.9 per litre expected
Record High Forecast
The Retail Motor Industry, which represents around two-thirds of the UK's petrol stations, said petrol prices could rocket to an all-time high of 125.9p-a-litre next year.
The perfect storm for prices
The planned increases in fuel duty in October and January, and the 2.5% VAT increase in January are to blame for the long-term increase in prices, while the rise in the cost of crude oil and fluctuating exchange rates could result in a 4p increase in fuel by September.
Brian Madderson, RMI Chairman Petrol, said: 'A crude oil price increase will feed through the supply chain and could result in prices going up by as much as 4p-a-litre in the next three weeks.
'We also need to remember that the new Government did not cancel Labour's Budget commitment to raising fuel duty by 1p-a-litre from October 1 and a further 0.76p from January 1, with both having VAT added.
'Then we have the coalition's emergency Budget proposal to increase VAT to 20% from January 4, so the outlook remains extremely difficult for motorists and retailers alike. We could see new record pump prices within six months.'
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"It's not delusions of grandeur sir,it's intolerance of mediocrity and minimal performances."
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BANGKOK RED
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« Reply #1 on: Monday, August 9, 2010, 14:13:38 » |
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Funny that. I'm writing an article on electric cars as we speak.
The Tesla roadster is the way to go, it goes like shit of a stick.
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Batch
Not a Batch
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Posts: 57831
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« Reply #2 on: Monday, August 9, 2010, 14:14:37 » |
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Electric cars are poop if you want to travel long* distance though.
*over 100 miles.
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BANGKOK RED
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« Reply #3 on: Monday, August 9, 2010, 14:24:14 » |
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* 245 miles for the uber fast (0-60 in 3.7 seconds) Tesla
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Peter Venkman
Past glories motivate us when times are bleak.
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Posts: 64783
Perfection is not attainable
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« Reply #4 on: Monday, August 9, 2010, 14:24:49 » |
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* 245 miles for the uber fast (0-60 in 3.7 seconds) Tesla
Now thats good! |
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From the station at Colchester
To the cells of Warrington
From the services at Leicester
To the slums of Northampton
We travel over England
And one day Europe too
Cos we all follow the Swindon
We're the famous Town End crew.
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BANGKOK RED
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« Reply #5 on: Monday, August 9, 2010, 14:26:05 » |
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Now thats good!
At 100k USD, you would hope so. |
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pvsmark
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Posts: 81
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« Reply #6 on: Monday, August 9, 2010, 14:39:10 » |
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Handles like a sack of crap though
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Peter Venkman
Past glories motivate us when times are bleak.
Offline
Posts: 64783
Perfection is not attainable
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« Reply #7 on: Monday, August 9, 2010, 15:39:00 » |
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Handles like a sack of crap though
Dunno, never seen one let alone driven one. |
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From the station at Colchester
To the cells of Warrington
From the services at Leicester
To the slums of Northampton
We travel over England
And one day Europe too
Cos we all follow the Swindon
We're the famous Town End crew.
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A Gent Orange
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« Reply #8 on: Monday, August 9, 2010, 16:06:28 » |
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I think the key bit missing from that press release is the bit about 'we expect petrol prices to rise significantly because there won't be any fucking oil by 2020 and those bastard plants and animals just aren't dying, decomposing and fossilising quickl enough to keep us in gasoline.'
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4D
That was definately my last game, honest
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Posts: 23532
I can't bear it 🙄
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« Reply #9 on: Monday, August 9, 2010, 17:37:00 » |
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Petrol Prices Set to Soar
4p-a-litre increase by August bank holiday
8% rise predicted by Jan 2011
Record-breaking 125.9 per litre expected
Blimey, when I started driving it was about £1.25 a gallon (four star) |
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Talk Talk
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« Reply #10 on: Monday, August 9, 2010, 22:42:46 » |
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FFS what effect is this 'warning' supposed to have? Should I suddenly put a 5,000 gallon petrol storage tank in my garden and fill it up with cheap unleaded? Perhaps I should emigrate to Kuwait?
Fucking bollocks, we have no options whatever the price does.
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donkey
Cheers!
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Posts: 7103
He headed a football.
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« Reply #11 on: Tuesday, August 10, 2010, 14:00:19 » |
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I think the key bit missing from that press release is the bit about 'we expect petrol prices to rise significantly because there won't be any fucking oil by 2020 and those bastard plants and animals just aren't dying, decomposing and fossilising quickl enough to keep us in gasoline.'
To be honest why not keep the prices down and use it all up quickly. That should focus a few minds on whatever needs to be done for the future. |
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donkey tells the truth
I headed the ball. eeeeeeeeeeeeeee-aaaaaaaawwwwwww |
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