11 December 2007

Fuel price protests again?...


The price across the UK for unleaded fuel has finally topped the £1 a litre mark. It has been that for diesel for a few weeks now, and in some areas unleaded had already exceeded the £1 mark, but with the price for a barrel of oil reaching $97 unleaded has caught up.

£1 a litre - that's £4.54 a gallon (almost $9.50).

Out of that £1/litre VAT takes 14.9p, duty 50.4p, production and delivery about 31p and the retailer gets about 4p.

Seems like we might be seeing the masses actually rising up again. The latest 'pressure group' Transaction-2007 have announced protests for 15th December 2007. Why do I get the feeling that any attempts by them to blockade refineries will find their way blockaded by the boys in blue?

Hopefully this will remind the UK motorist once again that they are being ripped off at the pumps by this government.

More fuel us eh?.......

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