Well there is a large fuel tax protest heading for holyrood in edinburgh tommorow morning leaving strathclyde park at 10am and have been told there is quite a few taxi companies joining in the convoy ,and told glasgow taxis and private hire will be there. well i will be there as with few of my drivers in support with banners and bull horn. After all it effects us all private hire and hackney,s. see you there i hope be at the park for 9am .

Folks can protest until the sun goes down, but the fact remains that slowly but surely we're running out of Oil.

Even if the Government cut the duty on fuel, Oil's going up and up and up. When it reaches $200 a barrel, even with a 50% reduction in fuel duty (which will never happen) it would still be over a £1.50 a litre, and what do we do then?

I say get used to it, Oil's a finite resource, and it won't last forever, I just hope I'm long gone when it does as the world won't be a pretty place then.

Who knows, some manufacturers might even spend some time developing some proper hydrogen or electric vehicles, and the power suppliers might actually get a move on with some more Nuclear and wind solutions.
As usual it will take a crisis before anyone reacts.

Protest after protest won't generate more Oil, you'll have to wait a few million years for that.

The high price of crude is down to the simple fact that demand is outstripping supply.

The world simply isn't producing enough oil.

Speculators are driving the price up as well.

but it is the tax levied by the Government that is the main ingredient to our fuel price hike.

High rates of duty and VAT are making things worse but they are hardly a new phenomenon for this country.
Global supply, or the lack of it, and speculation are the main causes of the increases we have seen in the last few months.

I think there has also been a bit of profit hiking on the forecourts

Demand will always outstrip supply when you have a cartel intent on restricting output. In this country the price of oil is not so much of a problem it is the tax this Governments levies on fuel that creates the problem.



That is by design and not because there is an immediate danger of oil running out.



Speculators are the main driving force behind these oil increases but it is the tax levied by the Government that is the main ingredient to our fuel price hike.

Regards

JD

Opec said today, "there is ample supply of oil in the market and they there is no need to increase production".

They would say that, because that's all they can say. It would be political suicide for them to announce they cannot increase production.

Looks like you will need to form your own political party if you want to privatise the health service because all the major parties are committed to keeping it going.
I am of the oppinion that all health care should be free at source. The drug companies need more monitoring to ensure that the prices they charge for drugs is kept in check.