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General Chat Thread, Fuel prices - brace yourselves in General; Originally Posted by Jamo Something along the lines of 0% would be great for me All in favour of Jamo's ...
  1. #31
    danrhodes's Avatar
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    Quote Originally Posted by Jamo View Post

    Something along the lines of 0% would be great for me
    All in favour of Jamo's idea of having 0% Tax on fuel say "aye".


    AYE!!!

  2. #32

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    Quote Originally Posted by Pottsey View Post
    Peak oil could be a day or two before it runs out. It could be in 100 or 1000 years. Peak oil is just the max amount that can be extracted at once. In theory you can extract the peak amount right up till almost none is left.
    No, that is pretty much exactly what it isnt. You dont just extract the maximum until it suddenly runs out, its impossible. Theres a maximum extraction point which then starts to decrease. The rate on a graph usually ends up as a bell curve

  3. #33

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    Quote Originally Posted by danrhodes View Post
    All in favour of Jamo's idea of having 0% Tax on fuel say "aye".


    AYE!!!
    All in favour of using that 0% tax to fund a £0 salary for IT Staff say "aye"

    - perhaps not such a big rush to throw away the money that pays our wages :-)

  4. #34

    JJonas's Avatar
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    Peak oil is where the demand equals the maximum level of extraction. At that point all those countries who have oil will probably start to restrict supply to other countries that dont. Then the price per barrel will really start to go up.

  5. #35
    Fuzzz's Avatar
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    Here in the Netherlands we pay €1.50 (that's 1.36 GBP) per litre of petrol...

  6. #36

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    Ive never understood why they don't just use a percentage tax on fuel
    Correct me if I am wrong but wouldn't it equal the same? A fixed tax rate in pence or a fixed tax percentage should give the same results.

  7. #37
    Jamo's Avatar
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    Quote Originally Posted by Michael View Post
    Correct me if I am wrong but wouldn't it equal the same? A fixed tax rate in pence or a fixed tax percentage should give the same results.
    Yeah but it would stop people from being angry at the gov'ment for saying they are 'increasing' fuel duty. You see im doing them a favour. Apart from the 0% part.

    I vote get rid of VLE's and the 0%.... so the figures might not quite add up but hey its my first policy for the upcoming election.....

  8. #38

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    Didn't Dahling increase duty on fuel to offset the decrease in VAT a year and a half ago? Strange how he chose NOT to decrease it again when VAT went back up

    So when he "postpones" (not that there is an election coming or anything like that) the 3p duty rise in April we are already effectively paying for it now (and have been for a few months)!

    mb

  9. #39
    ICT_GUY's Avatar
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    Fuel prices will go up a lot over the next ten years, The age of cheap transport and heavy cars has almost past.

    Probably.

  10. #40
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    Quote Originally Posted by sidewinder View Post
    Doesnt make it a myth, just means, as you say, we dont know when it will be. Thats not a reason to ignore it
    No, the myth is; we've reached it, or due to reach it in the next year or so. Like we both agree here, no one can be certain about this at all, or when this is going to happen.

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    ahuxham's Avatar
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    Quote Originally Posted by Pottsey View Post
    sidewinder said “Doesnt make it a myth, just means, as you say, we dont know when it will be. Thats not a reason to ignore it”
    Peak oil could be a day or two before it runs out. It could be in 100 or 1000 years. Peak oil is just the max amount that can be extracted at once. In theory you can extract the peak amount right up till almost none is left.
    Actually Peak Oil is the following definition:

    Where demand out-weighs supply. I.e. We're using more than we can pull out the ground

  12. #42

    maniac's Avatar
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    I spend £40 a week just getting to work, it's crazy.

    Mind you, go back about 10 years and I remember paying about 69p a litre, so within 10 years we've seen about an 75% increase.

    The oil industry fix the prices, as soon as there's excess oil in the system, they slow down supplies to artificially increase prices. Anyone remember the massive decrease around the time the credit crunch kicked in, less demand and there was suddenly too much so they slowed supply and slowly the price krept back up - crafty.

    Mike.

  13. #43

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    Quote Originally Posted by dgsmith View Post
    Petrol is set to go up to £1.20/litre,
    Set, to go up! It's already £1.20 a litre here at my local BP.

  14. #44

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    Quote Originally Posted by dgsmith View Post
    It isn't set to go down any time soon according to this BBC news article.

    Petrol is set to go up to £1.20/litre, yet I quote, "the current oil price of about $80 a barrel is far below the $147 a barrel-high seen in the summer of 2008, the last time petrol prices neared £1.20 a litre."

    Makes me think my lucky stars our local forecore is now the cheapest in the country at 111.9, which itself is still far more than we should be paying, apparantly!
    Whereabouts is that forecourt - I'm up that way in a few days & could do with a cheap(ish) fill up!

  15. #45

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    And to think we had protests when it hit 76p.

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