Saturday, 31 October 2009

DIESEL COSTS HINDERING RECOVERY



DIESEL COSTS HINDERING RECOVERY

UK Petrol Prices for
Thursday 29th Oct 2009

Avg.Min.Max.
Unleaded:107.6p102.9p118.0p
Diesel:108.9p103.9p119.9p
LRP:113.3p105.9p114.9p
Super:114.3p105.9p124.9p
LPG:55.3p47.9p69.9p
***

2007 Fuel Tax Figures

2007 fuel duty (as of 1 October 2007) in the United Kingdom is:
  • 50.35 pence per litre for ultra-low sulphur unleaded petrol/diesel
  • 53.65 pence per litre for conventional unleaded petrol
  • 56.94 pence per litre for conventional diesel
  • 30.35 pence per litre for bio-diesel and bio ethanol - low tax to encourage consumer conversion
  • 16.49 pence per kg for gas other than natural gas (LPG)
  • 13.70 pence per kg for natural gas used as road fuel.
  • 9.69 pence per litre for rebated gas oil (red diesel)
  • 9.29 pence per litre for rebated fuel oil


DIESEL COSTS HINDERING RECOVERY

SCOTLAND HIGHEST COST IN EUROPE

The SNP have today highlighted figures showing that diesel in the UK is
the most expensive in Europe, with diesel in parts of Scotland higher
still.

66% of the cost in the UK is due to taxation – more than in any other EU
nation. Costs in the UK are the lowest in the EU before taxation is
applied.

Figures from the UK Department of Energy show that Diesel in the UK is 10
pence higher than in any other EU nation with a litre costing an average
of 106.9p. Diesel in Inverness is an average of 109p

SNP Westminster Transport spokesperson and Western Isles MP – where diesel
on the island of Barra costs £1.20 a litre, Angus MacNeil, said:

“The Treasury’s tax take on diesel is modern day highway robbery. It is a
national scandal that, in an oil rich country like Scotland, we are paying
more than 30p a litre more than motorists in Romania and Bulgaria.

“Key sectors like the haulage industry are reeling from forecourt costs,
and Alistair Darling must use his Pre-Budget report next month to bring
down the cost of fuel.

“A strong haulage industry is a vital part of our economy. The fact is
that soaring fuel prices are actually hindering economic recovery from
recession.”

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