Gasoline prices where you are?? Up by how much??

hollydolly said:
what this country would give to be just paying $2.99 per gallon... even £2.99 in pounds would be great ..much less dollars... seriously guys you don't know how well off you are with those low prices for fuel
Click to expand...
It's our culture. We expect almost everything to be cheap.

Cheap gas, food, airfare, and whatever China can shovel to our shores.
 

hollydolly said:
what this country would give to be just paying $2.99 per gallon... even £2.99 in pounds would be great ..much less dollars... seriously guys you don't know how well off you are with those low prices for fuel
Click to expand...
The current UK price would be, £0.35 per litre or £1:54 per UK gallon. The reason it's so high is due to tax. Every litre has £57:95 fuel duty slapped on it, then you add the wholesale price, the distribution costs and the fuel company's profit margin, the whole figure combined then has 20% Value Added Tax applied. So we are paying a tax on a tax. In other words, about 72% of the pump price is tax, that's almost three quarters of the cost.

To make it clear, if our fuel was sold in US gallons and we paid in dollars it would be $1:84 before tax. $8.10 after tax.
Tax on goods and services is known as secondary tax, meaning we are not obliged to pay it like income tax, but it's very lucrative not just for the amount but also the retailer is the tax collector so it costs the exchequer zilch to collect it. The reason that decimalisation was introduced is to make fuel, and a lot of other high taxed goods, appear infinitely cheaper.
 
horseless carriage said:
The current UK price would be, £0.35 per litre or £1:54 per UK gallon. The reason it's so high is due to tax. Every litre has £57:95 fuel duty slapped on it, then you add the wholesale price, the distribution costs and the fuel company's profit margin, the whole figure combined then has 20% Value Added Tax applied. So we are paying a tax on a tax. In other words, about 72% of the pump price is tax, that's almost three quarters of the cost.
Click to expand...
yes I think we all know that... :unsure:
 
hollydolly said:
what this country would give to be just paying $2.99 per gallon... even £2.99 in pounds would be great ..much less dollars... seriously guys you don't know how well off you are with those low prices for fuel
Click to expand...
Oh, I’m well aware. We’re headed that way. It’s what you get when your country isn’t energy independent. And when taxes are out of control. And the poorest folks feel it the most.
 
Sydney average petrol prices today are sitting at a record high of 170.4 cents per litre, with Melbourne at 174.7 cents per litre and Brisbane at 178 cents per litre. We also, like the UK, get slapped with a huge tax (not sure how much) which is included in those prices.
 
We're at $4.29 (USD) per US Gallon in Canada currently ($1.38 Canadian $$ per liter) but that varies across the country obviously. A couple of months ago we were at around $1.00/liter so it's gone up a lot!

Some can control how much they drive to a degree but we need to stay warm in winter so I would be more worried about natural gas pricing for those that use that for heating in areas of the country that get a real winter. It's gonna be expensive as Nat. Gas has gone up as much or more than gasoline.
mellowyellow said:
Sydney average petrol prices today are sitting at a record high of 170.4 cents per litre, with Melbourne at 174.7 cents per litre and Brisbane at 178 cents per litre. We also, like the UK, get slapped with a huge tax (not sure how much) which is included in those prices.
Click to expand...
Are you talking about a 'carbon tax'? We got hit with that environmental tax last year and it increases each year. I think it's about 10-20 cents a liter now here in Canada. I wouldn't mind paying it if I thought the money was ever going to do something to help the environment. Unfortunately, we all know it will disappear into a great Govt. black-hole :(
 
hollydolly said:
In the UK there's 5 litres per Gallon roughly... we're paying £1.40 this week per litre for the cheapest supermarket unleaded..some independent petrol garages are charging much more... whereas the US gallon is around 1 litre less at roughly 4 litres per gallon

5 x £1.40 = £7.00 per gallon... which is equal to $9.61 US dollars... which is what we're paying currently

if the USA was charging the same prices as us in the UK £1.40 per litre = $1.92 US... ..then you would be paying... $7.68 per gallon
Click to expand...
and we complain about gas prices😂
 
Mike said:
I am with hollydolly on these prices, but there is more!

Last weekend I went to Cornwall for a short break and
luckily I didn't need petrol on the motorway as they were
selling it for £1.60 per litre, £8 per gallon.

My father had a petrol station in the 1960s - 1970s and
his petrol was £0.68 per gallon, that is less than half the
price of one litre today, oh to turn back the clock, just
to fill up and return to today.

Mike.
Click to expand...
if it was in Croydon I probably filled up there
 
Our local price for regular gas went up 20 cents....to $3.19/gal., today. Normally, at this time of year, prices are going down, but Not this year. I'll be surprised if we don't see $4/Gal., before this economy begins to return to normal.
 
You must log in or register to reply here.

Back
Top