Fuel Prices to go through the roof !

netwhizkid

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As a result of the Hurricane in the Southern USA, which has knocked out about a quarter of the USA's refining capabilities Unleaded petrol is set to rise to €1.30 a litre or €5.90 for an imperial gallon, This is gone beyond the joke oil itself is roughly about $69 a barrel and as the American refineries are out they are now buying barge loads of European fuel which is going to hurt us in our pockets while they get away with $3 per US gallon which equates to 65¢ a litre, yes 65¢ a litre, that is what American motorists have to shell out for their petrol, despite the disaster being in their country. We as Europeans as usual feel the pinch when something disastrous happens over there, as we have being hearing for years, when our car/house/travel insurance goes up big time we were told it was because of 9/11. I suppose Katrina will be the excuse for ripping us off until at least 2010. This is time when leadership by people is needed and thus something has to be done. I suggest that if some other boards user could come up with a suitably worded few lines and post it here and for everyone that reads this to e-mail it to Brian Cowen as he is the minister for finance as ass thus has the power to drop or decrease excise duty on oil products, while we would not be expecting it to be dropped permanently, they could drop or decrease it marginally to ease the pain at the pump until this crisis is over. Inflation adjusted, Petrol prices are very close to historic levels set during the Arab oil embargo of 1973. This is ridiculous these sorts of prices are going to force those already grappling with rip-off insurance and huge vet and vat costs off the road. We as a society need to be able to afford fuel for our cars, public transport is basically non-existent and where it is, it is usually the biggest rip off going.

Don't let them get away with this,

As Eddie Hobbs would say,
if you don't stand up for yourselves who will.

dahamsta

Have you any proposals or suggestions or did you just pop in to rant?

adam

OfflerCrocGod

dahamsta wrote:

Have you any proposals or suggestions or did you just pop in to rant?

Invade Kuwait.

scuzzy

How about a nuclear-powered car?
The ATOMOBILE...

Wertz

Netwhizkid wrote:

while they get away with $3 per US gallon which equates to 65¢ a litre, yes 65¢ a litre, that is what American motorists have to shell out for their petrol,

Current average gas price in the US is $3.06 a gallon....there are 3.78 Ltr to the US gallon, so that's $0.81 per litre.
The US government imposes a per gallon sales tax (anywhere from 12 cent to 33 cent per gallon) that works out a lot less than the 21% VAT rate we have imposed on our fuel, not to mention import duty.
We pay the same wholesale rate here as they do in the 'States...if you want to blame something, then blame our government's and the EU's fiscal policies...

dudara

OfflerCrocGod wrote:

Invade Kuwait.

well, it would probably be cheaper than the next stop at the petrol station to fill up the tank!!

Petrol prices are something that are set by the global economy. I'm sure Mr. Texaco or Mr. Exxon are crying into their champagne glasses realising the error of their ways as they listen to your rant.

If you have to do something, push for non-petroleum solutions.

netwhizkid

dudara wrote:

If you have to do something, push for non-petroleum solutions.

non-petroleum is not a solution. Why should the likes of ireland adapt to a non oil-solution when the globe is guzzling oil at a rate of 90million barrels a day. We are being ripped of by rip-off fianna fail and their capitalist traitors the PDs. if they had their way they'd tax you for every drop of rain. It is another rip off. While i agree non-oil is the ideal solution it is simply not feasible. Just send a rant email to cowens mail and let him know how you wil be voting next time round.

dudara

Do you honestly think that the government is going to stop taxing petrol and other fuels? It's too lucrative a source of income, and more importantly is neccessary to fund all public sector activities and payments. Where would the shortfall to the exchequer then be sourced?

They'll bin the Groceries Order Act and bring in Café/Bar licenses before they'd do anything like that.

Victor

netwhizkid wrote:

non-petroleum is not a solution. Why should the likes of ireland adapt to a non oil-solution when the globe is guzzling oil at a rate of 90million barrels a day.

Because Ireland consumes more (a lot) than it produces (none).

Victor

netwhizkid wrote:

We as Europeans as usual feel the pinch when something disastrous happens over there,

You mean a crisis of international proportions?

Inflation adjusted, Petrol prices are very close to historic levels set during the Arab oil embargo of 1973.

The difference this time being that the exchequer is getting a big slice of the revenue, rather than the oil companies.

Inflation adjusted, you are earning a lot more than you did in 1973.

This is ridiculous these sorts of prices are going to force those already grappling with rip-off insurance and huge vet and vat costs off the road.

I don't own an animal, hence no "vet" costs.

The only people a cut in tax will really benfit are oil shareholders.

netwhizkid, do you work for an oil company?

netwhizkid

Victor wrote:

You mean a crisis of international proportions?
Yes a crisis of international proportions, which happens to be localised in America's deep south.

Inflation adjusted, you are earning a lot more than you did in 1973.

I doubt if Eddie Hobbs would agree, don't forget all the stealth taxes we pay, and the government have the cheek to "consider carbon taxes" like i don't mind taxes on carbon as long as the polluter pays IE. heavy industry. Not singles mums with a 1litre 1995 Nissan micra because it is these and the likes of myself that will end up paying.

I don't own an animal, hence no "vet" costs.

The only people a cut in tax will really benefit are oil shareholders.

netwhizkid, do you work for an oil company?

google toolbar has solved my sloppy typing problems, as for the oil company thing take a look here towards the end pages. I don't work for them but i do owe the oil industry some gratitude.

Wertz

netwhizkid wrote:

I doubt if Eddie Hobbs would agree, don't forget all the stealth taxes we pay, and the government have the cheek to "consider carbon taxes" like i don't mind taxes on carbon as long as the polluter pays IE. heavy industry. Not singles mums with a 1litre 1995 Nissan micra because it is these and the likes of myself that will end up paying.


google toolbar has solved my sloppy typing problems, as for the oil company thing take a look here towards the end pages. I don't work for them but i do owe the oil industry some gratitude.

The governement consider carbon taxes because we're obligated by Europe and the our signing up to Kyoto, to implement disincentives to polution. They also consider them as an anti-congestion measure.
You satrt laying higher proprotionate tax on industry, they more than likely pull the plug and up sticks to some country that won't tax them...therefore loosing jobs and tax revenues already generated by their presence.

I'm sounding like I'm a fianna fáil apologist...I don't mean to.

Where are the incentives for cleaner fuel/energy in this pitiful nation? Where are the incentives for farmers to grow bio-fuels like oilseed rape and elephant grass? Where are our windfarms? Where's our bio-diesel powered public transport system?
Instead they play happy families with the like of Shell and StatOil who wnat to bring yet more fossil fuel to the surface, and wreck our landscape in the process.
This thing in louisiana has woken a lot of us up to just how dependent on fossil oil we really are...in fact that might be one good thing to come out of it, if it provides iniative to finally start looking at future energy alternatives...

Tazz T

Petrol prices are not coming down. Fuel prices in general, including what you pay for heating are not coming down. They're going up and they're going up bigtime as world demand for oil increases.

The only way to counteract this is to start investing in other forms of fuel. Cork County Council already power its entire fleet on renewable vegetable oil (if they buy it in Lidl it's probably cheaper than petrol) But we need to look at other forms of energy to safeguard ourselves in the future.

The govt should be making this a big priority.

Wertz

Tazz T wrote:

The only way to counteract this is to start investing in other forms of fuel. Cork County Council already power its entire fleet on renewable vegetable oil (if they buy it in Lidl it's probably cheaper than petrol) But we need to look at other forms of energy to safeguard ourselves in the future.

It's entire fleet of what, if you don't mind me asking?

The govt should be making this a big priority.

They're far too busy prioritising how to spend the extra VAT revenues generated by the surge in fuel oil prices...

dahamsta

Wertz wrote:

It's entire fleet of what, if you don't mind me asking?

Killer attack submarines.

Tazz T

I dunno about their killer attack submarines. I think they run on a combination of poteen and turf.

But their fleet of VEHICLES runs on veg oil.

ambro25

[Starship Troopers-style propaganda voice]
I'm doing my bit - I've just bought an electric scooter. Are you?
[/Starship Troopers-style propaganda voice]

[Mastercard advert-style narration]
_ Not using my car to commute = very much less petrol usage (about a 40-45 litres fill a week saved)
_ Using an electric scooter to commute = no petrol usage whatsoever (save for producing the electricity)
_Not using bus to commute = (infinitesimal effect, but still...) less petrol in the bus
_cutting out an hour a day or so of being stuck in traffic jams to travel 6 miles return = priceless
[/Mastercard advert-style narration]

At the rate petrol's going these days, I reckon the thing will have paid for itself, including the insurance, in about 4 to 5 months.

daveirl

This post has been deleted.

OfflerCrocGod

dahamsta wrote:

Killer attack submarines.

It's Hunter-Killer submarines by the way; the Corkians are adamant about their nomenclature.

dahamsta

OfflerCrocGod wrote:

It's Hunter-Killer submarines by the way; the Corkians are adamant about their nomenclature.

Gah, I knew when I was writing that it sounded wrong. Miltary ain't my thing.

netwhizkid

netwhizkid wrote:

Originally Posted by Victor
You mean a crisis of international proportions?
Yes a crisis of international proportions, which happens to be localised in America's deep south.

What i meant to post was,

Victor wrote:

You mean a crisis of international proportions?

Yes a crisis of international proportions, which happens to be localised in America's deep south.

I got a little confuddled with all the quote tag's i inserted in that post. I would have edited that particular post but i can't seemingly edit it. Is it only possible to edit a post before some one replies ?

Victor

netwhizkid wrote:

I would have edited that particular post but i can't seemingly edit it. Is it only possible to edit a post before some one replies ?

There is a 48 hour time limit for editing posts.