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UK Petrol: Possible Pump Price Set To Pass One Pound (Plus) Per Gallon ... Soon ...
Ouch!
Boy, oh boy!
Is This Old Brit glad he doesn't do any driving these days.
Cor blimey, O'Riley!
Oy, vey!
By the bejeebers!
Jesus H. - and Holy shit!
Get a load of this, guys & gals.
Petrol prices could surge to near record highs from next week after the government's 2p rise in fuel duty is introduced from midnight on Sunday.By the way, for the benefit of our American buddies, at today's exchange rates One GB Pound equates (as near as doesn't damned well make any difference), to TWO US Dollars.
The 2p increase could push up the average price of unleaded petrol to about 98p, while diesel could exceed £1 if the cost is passed
on to motorists.
The increase, in line with inflation, was first announced in Gordon Brown's 2007 Budget when he was chancellor.
The duty rise comes amid soaring oil prices and high borrowing costs.
The Budget also outlined another rise of 2p a litre next April and a further increase of 1.84p in April 2009.
Yep, you read that right. Can all you old (and young), Yanks imagine having to shell out $2.00 per litre for gas?
Eh? What?
Wha ... wha ... wh ... why ... bloody wars have started over (lots less than), something like this.
Eh?
Right?
Best brace yourself and fasten the seat belt before reading the rest of this report.
Labels: gas, Gordon Brown, oil, Petrol, price rises
posted by Richard at Sunday, September 30, 2007
5 Comments:
HOW much? Good God, anyone would think it was wartime.
Oh, wait a minute .............
Wartime equals profiteering time for fat cats. They're almost fighting each other to get in line to screw the ordinary person.
In the interest of accuracy, I should point out that Americans currently pay between $2.50 and $3.50, and more in Hawaii. That's still a lot less than $2.00 per liter.
Argh. Silly me. I've rectified my stupid error and now replaced gallon with litre. Thanks, Gordo. Glad somone's keeping an eye on me. ;^)
It's extra hard for Americans to relate to prices for gas (petrol) in Britain because there are two factors most of us don't have memorized: (1)relationship between a gallon and a litre; (2) exchange rate between British pound and the U.S. Dollar.
Probably the most useful way to show the increase is in terms of percent rise.
Even then it is rough because Britain and the U.S. add on different relative taxes. We used to believe that Britain's fuel had greater levels of add-on taxes, but I don't know if that is still true (if it ever was).
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