Price of Fuel
With regard to the 2p fuel tax and the conservative proposals can I have some thoughts on this.
Let's say that people are paying over 110p for their fuel. It is even more but this is an example. So, that is the price when petrol is about $150 per barrel. So, when the price of a barrel falls to, let's say $100 per barrel and the price at the pump should be for arguments sake, 75p per barrel.
So, surely the government should put on taxes so that the price at the pump will be 110p per barrel. We seem to be 'willing' to pay 110p so in order to maintain the efforts to reduce petrol consumption we should pay this price, it will raise taxes but that is surely better than contributing to the profits of the petrol companies.
Oh, and please don't call me stupid for this idea because I think you will find it will be government policy before the blink of an eye, and you read it here first.
Let's say that people are paying over 110p for their fuel. It is even more but this is an example. So, that is the price when petrol is about $150 per barrel. So, when the price of a barrel falls to, let's say $100 per barrel and the price at the pump should be for arguments sake, 75p per barrel.
So, surely the government should put on taxes so that the price at the pump will be 110p per barrel. We seem to be 'willing' to pay 110p so in order to maintain the efforts to reduce petrol consumption we should pay this price, it will raise taxes but that is surely better than contributing to the profits of the petrol companies.
Oh, and please don't call me stupid for this idea because I think you will find it will be government policy before the blink of an eye, and you read it here first.
posted by Catch22 at 4:08 AM
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