Do they British Government really expect to blame the economy on the oil price?

Petrol tax is charged as a percentage. That means that every time the price of oil goes up the government receives more tax for it, so why do they need to raise other motoring taxes?





In fact they should even be able to cut the percentage of fuel tax.





And North Sea oil used to be expensive because it is offshore but now the cost of production has shrunk as a proportion of the sales price so the tax revenue on the oil and on the profit has increased.





When are we going to get the benefit of all this increased income?Do they British Government really expect to blame the economy on the oil price?
Petrol Tax or Fuel Duty. is charged per litre not as a percentage and VAT is charged as a percentage at 17.5 %





I dont think you can blame the goverment for fuel priced the real reason is aside form some stock market people profiteering form it down to US.





we're using it faster than ti can be suppled plus the stock are running out. at current use there should be none left in 10 years.





North sea Oli is expected to run out very sson in next 4 years - it costs more to drain it out now that the first oil as its getting more difficult to drain teh last few drops out of the sea.





once it flowed out under its own pressure - there'e so little left now it has to be persuaded out by pumping in sea water to force it up!





Oil is too valuable (plastics) to be just burnt for fuel.





This shows a very simplistic and uninformed view of the state of the oil market and reserves its affecting the whole world not just they UK!Do they British Government really expect to blame the economy on the oil price?
The 'Credit Crunch' is to blame - globally.





As we are a part of that Global picture; we share some of the pain.





Further, if you voted Conservative in the eighties and early nineties - you may want to examine your conscience.





The seeds of all this were sown back then - today's Labour government are merely harvesting the fruits of those 'seeds'.





Surley, they cannot be entirely to blame for poor seed sowing in the past and a difficult global picture today?
The idea behind taxing us all so much on fuel is to make us use less of it because it is running out and stop us doing untold damage to our environment. The problem is that prices are still at the rate where people are willing to accept paying more rather than stop using it altogether or cut back. So neither the environment or the general public are winning - the only gain is for Alastair Darling on his short term spreadsheet.
Don't be silly. You will not benefit at all. Yes the government will rake it in but so many areas , Forces, NHS, Education, Social services are all screaming out for more money... so there you are. Taxes will go up and up whatever, .....If you don't want to pay the ridiculous price for petrol , the answer is simple... Sell the car . walk and use buses
because the government tax fuel to excess 拢20 fuel 拢10 will


be tax the reason why so high is be cores they give all the tax bailing out other country's that don,t give a stuff about the


UK and they would not help us if we need financial help!!
Your running the north shore oil almost dry it is only a matter of time you'll be worse off than the USA.