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      12-31-2010, 11:33 AM   #1
Hotcoupe
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Fuel duty............

goes up tomorrow (0.76p) followed by the VAT increase on Tuesday.

It might pay to fill up today to avoid the 3.5p ish increase on a ltr come the 4th.
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      12-31-2010, 11:34 AM   #2
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If anyone wants to buy a tank to put it in just let me know.
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      12-31-2010, 11:49 AM   #3
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Hopefully it will sort out the shit Labour left us in.
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      12-31-2010, 11:56 AM   #4
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tbh i think they are all a bunch of knobs. if Labour hadnt left us in the shit then there would just be another excuse to put prices up
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      12-31-2010, 12:05 PM   #5
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It's an easy target for the government to slap on more increases to fuel, as they seem to think that we just drive our cars and love to get stuck in traffic jams just for the fun of it
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      12-31-2010, 12:49 PM   #6
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i remember cameron saying he would stop the persecution of the motorist and if fuel went up he would lower the tax by the same amount OUCH!! it will do more harm than good allowing fuel to rise at this rate.
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      12-31-2010, 12:58 PM   #7
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And no doubt the supermarkets will put their prices up and put the rise down to the cost of fuel / getting the stuff on the shelves
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      12-31-2010, 01:04 PM   #8
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Simples ! Fuel will continue to increase in price due to supply and demand .


It doesnt matter how much you moan it will keep increasing ,I noticed Diesel at 1.29.9 p on Thurs and it will be around 1.35 by the middle of next week ...


Governments have no interest in reducing prices of fuel .I think in a sky documentry last week they said global use was 85m barrels a day and would increase to 100m in the next 10 yrs.
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      12-31-2010, 01:34 PM   #9
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its a Joke, really is.

But, unless someone comes us with Mr.Fusion, we all have no choice but to bend over and pay.

Wonder when we will hit 1.50?
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      12-31-2010, 01:50 PM   #10
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isn't there another 6p increase slated for april? That will take diesel into the 140's...
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      12-31-2010, 02:14 PM   #11
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Quote:
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Wonder when we will hit 1.50?
Based on the fact I paid 1.36 a few weeks ago for regular diesel at a motorway services and the impending increases, I reckon 1.50 will arrive sooner than you think. My money is by Easter Bank Holiday weekend getaway!!
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      12-31-2010, 08:08 PM   #12
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Buy shares in oil companies.

Try encore oil.
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      01-01-2011, 02:14 AM   #13
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Originally Posted by JLR1969 View Post
Buy shares in oil companies.

Try encore oil.
That tip would have been nicer in June when it was 14 a share and not 133 as they are now.


Do you see them going again?
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      01-01-2011, 04:57 AM   #14
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Quote:
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That tip would have been nicer in June when it was 14 a share and not 133 as they are now.


Do you see them going again?
Steve you need to read share prices properly mate. They are 133p not 133. This share has massive up-side and lots of proven oil in the ground already.

Another tip for the longer term is Dominion Petroleum now around 5.8p
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      01-01-2011, 06:07 AM   #15
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Quote:
Originally Posted by Hotcoupe View Post
goes up tomorrow (0.76p) followed by the VAT increase on Tuesday.

It might pay to fill up today to avoid the 3.5p ish increase on a ltr come the 4th.
Some rudimentary maths would say that at say 25-30 litres for half a tank (rough average on what people may have) filled up before the rise would save just under a quid.

I'd wager that most people would spend that on the extra journey to get to the pump.
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      01-01-2011, 06:26 AM   #16
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Quote:
Originally Posted by JLR1969 View Post
Steve you need to read share prices properly mate. They are 133p not 133. This share has massive up-side and lots of proven oil in the ground already.

Another tip for the longer term is Dominion Petroleum now around 5.8p
I guess a share price rise is dependent on Dominion Petroleum actually finding oil?
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      01-01-2011, 06:43 AM   #17
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Quote:
Originally Posted by E90_330i View Post
I guess a share price rise is dependent on Dominion Petroleum actually finding oil?
Of course that's why they are valued at 5.8p currently, if you look at the potential of Block 7 then you will understand the potential up-side.

All AIM shares are a gamble but some less so than others.
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      01-01-2011, 07:13 AM   #18
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Quote:
Originally Posted by acerboo View Post
i remember cameron saying he would stop the persecution of the motorist and if fuel went up he would lower the tax by the same amount OUCH!! it will do more harm than good allowing fuel to rise at this rate.
This is the leftover from Brown's days.

I've no idea regarding the mechanisms involved (if they exist) to reverse a budgetary decision but this was his great idea of always deferring things for several months hoping we'd forget about it
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      01-01-2011, 07:28 AM   #19
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Quote:
Originally Posted by Captain Chaos View Post
Some rudimentary maths would say that at say 25-30 litres for half a tank (rough average on what people may have) filled up before the rise would save just under a quid.

I'd wager that most people would spend that on the extra journey to get to the pump.
I thought the exact same yesterday as I saw the queues into the filling stations in Taunton......verging on the ridiculous.

Motorway Service Area fuel prices are a complete rip-off!
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      01-01-2011, 09:33 AM   #20
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Quote:
Originally Posted by Captain Chaos View Post
Some rudimentary maths would say that at say 25-30 litres for half a tank (rough average on what people may have) filled up before the rise would save just under a quid.

I'd wager that most people would spend that on the extra journey to get to the pump.
Sorry Capt,it was silly of me and I should have made my post clearer just for your benefit

Quote:
Originally Posted by Hotcoupe View Post
goes up tomorrow (0.76p) followed by the VAT increase on Tuesday.

It might pay to fill up today to avoid the 3.5p ish increase on a ltr come the 4th.
There you go
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      01-01-2011, 12:36 PM   #21
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Quote:
Originally Posted by JLR1969 View Post
Steve you need to read share prices properly mate. They are 133p not 133. This share has massive up-side and lots of proven oil in the ground already.

Another tip for the longer term is Dominion Petroleum now around 5.8p
I was rather ruff this morning mucka i think these are worth 5k then at that price still id rather be in at 13p.

Ill have a look at DP
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      01-01-2011, 01:25 PM   #22
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I wouldn't be surprised if there is some form of fuel protest like there was in 2000.

Whilst I am a complete Tory Boy, I am still pissed off at the politicians who are completely and utterly out of touch with popular opinion. How many of the cabinet actually drive to a petrol station and fill up? I bet if challenged they would not have a f***ing clue as to the price of a litre of petrol/diesel.

There is a massive financial black hole that needs addressing, and the majority of people appreciate this and will bear some pain and generally support the Govt but continually hitting the motorist in the bollocks (unjustifiably) will not win friends!

I have emailed my MP to ask him, as my Westminster representative, at what price he considers fuel tax to be enough - I am anticipating a patronising response.
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