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Old 26-06-2012, 03:39 PM   #1
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Some good news for motorists

BBC News - Government cancels planned 3p fuel duty increase

Maybe they are beginning to get it...
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Old 26-06-2012, 03:42 PM   #2
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Yea right, government? Get it? Please
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Old 26-06-2012, 03:44 PM   #3
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Probably going up 5p instead.
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Old 26-06-2012, 03:45 PM   #4
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Fuel is coming down in price, thankfully this sees this continue. Price wise from last year, IIRC its the same now. Great
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Old 26-06-2012, 03:53 PM   #5
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Oil down in price today...a continuing trend.
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Old 26-06-2012, 03:59 PM   #6
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not often you get a good news day.

I wonder what will appear by stealth on tomorrows back pages?
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Old 26-06-2012, 04:00 PM   #7
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Shame the price at the pump doesn't reflect the drop in oil
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Old 26-06-2012, 04:05 PM   #8
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Shame the price at the pump doesn't reflect the drop in oil
Well, I was paying over £1.50 a litre earlier in the year...now its £1.34...
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Old 26-06-2012, 04:31 PM   #9
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Time for an AMG methinks
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Old 26-06-2012, 05:47 PM   #10
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Boilerjuice keep sending me emails, insisting NOW is the time to buy with record low prices - think I'll hold off until August.

Domestic heating oil was 64p in April and is now 52p.
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Old 26-06-2012, 06:04 PM   #11
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They'll find another way of getting the reduction in fuel duty revenue back, though.

Last edited by ringway; 26-06-2012 at 06:17 PM. Reason: Initial posting inappropriate in the present forum climate. No offence intended.
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Old 26-06-2012, 06:05 PM   #12
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Well, I was paying over £1.50 a litre earlier in the year...now its £1.34...
Its £1.27 in my local Asda . Still to high though.
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Old 26-06-2012, 06:08 PM   #13
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Every time I hear about oil prices shifting I remember an old Giles cartoon that was in the paper about the time of the 1973 Oil crisis, always makes me smile. It was a wonderful sketch picture of an Arab in a huge gas guzzler convertible tearing along a desert highway, passing a road sign saying 'World Oil Crisis - Min Speed 140mph'

I have never seen that cartoon ever again - but for that day in the paper. Strange how momentary things stay with you for life! If anyone has this cartoon in an old Giles annual of the era 1973 and fancies scanning it for me I would love to bag a copy of it, just for old times sake.

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Old 26-06-2012, 07:47 PM   #14
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i just want it to fall back to when it was £1.06 a liter
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Old 26-06-2012, 08:21 PM   #15
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They'll find another way of getting the reduction in fuel duty revenue back, though.
They've already had a chunk of it through the VAT on the higher pump price.

That said, as I understand it total tax revenues from motor fuels have been lower than anticipated so far this year as we haven't been buying so much of the stuff. Maybe that's due to the high price
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