Family & Relationships0 min ago
Petrol and Diesel prices
I noticed at the filling station today that diesel is now 15p litre dearer than petrol.
Does anyone know the reason for this change? A short while back diesel was between 5p and 8p a litre cheaper than petrol.
Did I miss a tax hike on diesel?
Does anyone know the reason for this change? A short while back diesel was between 5p and 8p a litre cheaper than petrol.
Did I miss a tax hike on diesel?
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Diesel prices are rising as crude oil has hit record highs above $134 a barrel, due to supply fears and an investor shift towards commodities
http://news.bbc.co.uk/1/hi/business/7411962.st m
A lot of what you pay at the pump is actually tax. Fuel duty around 60p and VAT on top of it all at 17.5%. So assuming a price of �1.13 per litre, less VAT is about 96p less fuel duty is 36p. This is the true price of fuel including production, transport and forecourt profit.
Diesel prices are rising as crude oil has hit record highs above $134 a barrel, due to supply fears and an investor shift towards commodities
http://news.bbc.co.uk/1/hi/business/7411962.st m
A lot of what you pay at the pump is actually tax. Fuel duty around 60p and VAT on top of it all at 17.5%. So assuming a price of �1.13 per litre, less VAT is about 96p less fuel duty is 36p. This is the true price of fuel including production, transport and forecourt profit.