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**Pete** · 04-09-2010, 05:36

I noticed this article

MISERY FOR MOTORISTS AS PETROL HITS £6 A GALLON

http://www.dailyexpress.co.uk/posts/view/168128

Hard to get a handle on the story as they mix liter with gallon but it appears "...But some forecourts are already charging 131.9p a litre – just a penny short of the £6 gallon...."

The article also mixes taxes and fuel duty but near as I can figure out after the fuel duty goes up from 57.19p to 57.95p the fuel duty alone will be 44% of the pump price.

Around here State/Federal Tax is about 15% of pump price.

Another reason to not support the VAT tax. Once enacted at a low rate it can be changed at the needs of politicians.

04-09-2010, 05:36	#1
Pete Quiet Professional Join Date: Feb 2005 Location: Fayetteville Posts: 13,080	Fuel prices in England I noticed this article MISERY FOR MOTORISTS AS PETROL HITS £6 A GALLON http://www.dailyexpress.co.uk/posts/view/168128 Hard to get a handle on the story as they mix liter with gallon but it appears "...But some forecourts are already charging 131.9p a litre – just a penny short of the £6 gallon...." The article also mixes taxes and fuel duty but near as I can figure out after the fuel duty goes up from 57.19p to 57.95p the fuel duty alone will be 44% of the pump price. Around here State/Federal Tax is about 15% of pump price. Another reason to not support the VAT tax. Once enacted at a low rate it can be changed at the needs of politicians.
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