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Sunday, 7th September 2008

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UK petrol up to 20% more than Europe for eight years



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Published Date: 07 August 2008
BRITONS pay up to 20 percent more for a litre of petrol than some of their major European counterparts, a survey has revealed.
Soaring prices this summer, when a litre of petrol rose to 119 pence, sparked protests and forced the government to postpone a rise in fuel duty planned for October.

But Britons have consistently paid more for their petrol during the past eigh
t years, though the difference is narrowing, uSwitch.com said.

Petrol, based on July prices, is cheapest in Spain, where a litre is just 96 pence. Germany and Italy charge 3 pence (2 per cent) less than the UK, though eight years ago the difference was 19 pence (23 per cent) and 14 pence (18 per cent). France charges 114 pence.

British motorists spend the most money at the pumps – £1,753 a year each – and pay the most for their diesel – 133 pence a litre compared with the cheapest in Spain at 100 pence.

Calls were made last month for a windfall tax on the earnings of oil giants after they were accused of profiteering. The companies rebuffed calls, saying retail pump prices are the result of high levels of duty in Britain and elsewhere in Europe.

About 70 pence (59 percent) of the cost of a litre of petrol on British garage forecourts goes towards the Treasury's coffers. Without the tax, a litre would cost about 50 pence, uSwitch.com said.

But it is not the highest level of tax levied – Germany (62 per cent) and France (61 per cent) are higher. The average fuel tax across Europe is 57 per cent.

The UK is taxed most on diesel though, at 72 pence compared with 39 pence in Spain and 55 pence in France and Italy.







The full article contains 303 words and appears in The Scotsman newspaper.
Page 1 of 1

  • Last Updated: 07 August 2008 12:27 AM
  • Source: The Scotsman
  • Location: Edinburgh
 
1

Boy Wonder,

07/08/2008 07:35:21
Brits = Island = captive tax-payers! On the continent, you can escape higher taxation by moving around. But on an island like ours ... you have little choice unless you're rich!
2

The Daleks,

Longmen 07/08/2008 08:09:49
They don't call it "Rip Off Britain" for nothing.

Yet, like so many other things, the British sheeple allow themselves to be pushed around and abused.

Will they ever wake up, or will they go the way of the dodo?
3

The Former Mr. Angry,

Perth 07/08/2008 09:23:55
Notice that, now the oil prices have dropped to around $118 per barrel the pump prices are predictably sticky at the older high levels.

And thee's been little mention of gas prices which are reputedly linked to oil prices... On the day that 35% hike was announced the price of oil was already descending. Naturally the energy companies would rather that we don't make a fuss and just pay up.

Take revenge - insulate better, buy less, switch down radiators you don't need to have on. Market forces will prevail and in the UK this is the only way to force this oligarchy of providers to sit up and take notice. And although it might be extreme maybe a day or two per week wearing the extra jumper and switching the heating down or off could send a strong message!
4

Unimpressed one,

07/08/2008 10:12:32
And where's the EU on this? So much for an organisation whose main remit was to ensure fair trade across the member states!
5

JayDeeTee,

07/08/2008 12:50:37
We are a bunch of weeds in this country. It would not happen in France and the likes because there would be mass rioting in the streets. Of course, no other country pays as much tax in the price of fuel as we do, to keep an army of fat useless gits in Whitehall and all the hangers on.
6

Allan(handofgod137),

07/08/2008 14:10:54
I'll say it again, scrap vat on all fuel.
7

Mcsnagpile,

07/08/2008 19:07:10
Improve our world carbon footprint by closing the oil fields.
This will have the additional effect of reducing the price of oil as all major non-oil producers pay less than us. The USA imports more than half of its oil while we (the UK) produce most of our own. So obviously producing too much oil has the effect of increasing prices.
Of course Norway has an national oil investment fund which is amongst the largest in the world---we dinnae.
An explanation would be handy.

 

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