The oil giants are ripping the British public off still. From its high oil has dropped by $30 and this should lead to a 30 pence drop in the price of petrol at the pumps. We in the UK have the cheapest petrol and diesel prices in Europe. Then the Government add their stinging taxes to makes us the most expensive. Maybe this government should consider bringing back the fuel duty escalator to help out the drivers who are suffering as a result of high oil prices.
WTF???
Is it the "oil giants" or the Government... make up your mind RSS...
As for re-introducing the fuel duty escalator... well that was NEVER introduced or retained to "help out the drivers who are suffering as a result of high oil prices". Quite the opposite, the escalator was introduced in 1993 as a measure (allegedly) to stem the increase in pollution from road transport and cut the need for new road building which was then a politically sensitive hot potato. Oddly enough, the escalator also resulted in significant increases in revenue for the Treasury. Re-introducing it would only satisfy G Broon and that ****** Darling!
Finally, where did you get your data that UK has the cheapest petrol and diesel prices in Europe?
Try
http://www.aaroadwatch.ie/eupetrolprices/
According to the AA last month the UK was more expensive than Austria, Greece, Luxembourg, Spain, Ireland, Portugal, Slovenia, Sweden, Estonia, Latvia, Lithuania, Slovakia and Switzerland.
In France the price is similar.
UK price was, however, cheaper than Belgium, Finland, Germany, Netherlands and Italy.