Brown demands petrol price cuts

[dipsydoodle]

Source: BBC News

Gordon Brown has called for the recent falls in the price of oil to be passed on to UK consumers.

The price of oil has plummeted - from a high of $147 a barrel for US Light Crude this summer to $82.24 at midday on Friday.

The prime minister said: "I want these price cuts passed onto the consumer, and passed on as quickly as possible."

The price of oil has been falling due to concerns that the economic slowdown will lead to a fall in global demand.

Read more: http://news.bbc.co.uk/1/hi/business/7662918.stm

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I have not managed to find a similar link to Dimson doing the same. :rofl: Fat chance of that.

[Demeter]

1. Gas Dropped Below $3 in Ann Arbor Yesterday

From a high of $4.29 or so. It's coming, slowly.

[notadmblnd]

2. I got it for 2.99 last night

of course that was if you're paying cash. using your debit or credit it was till 3.05-3.15

[Mr Creosote]

8. Converting US gallons to litres and dollars to sterling

I reckon the price I paid here in Cambridge England was equivalent to $8 per gallon last night.

[vinylsolution]

9. But 80% of that $8/gal is tax, right?

Without the massive UK taxes, Britain would have some of the cheapest gas in Europe.

It drives me nuts to hear my fellow Americans complain about $4 gas....

[Nickster]

10. So I get universal healthcare with that 4 dollar a gallon gas right? What about my public transport

ation system so I don't have to use a car so much? I get that with my $4.00 a gallon gas right?

[vinylsolution]

11. Britain does spend its tax revenues wisely....

... Americans could also have universal healthcare and public transport, if they voted for anti-war candidates.

We could easily afford these programs, using a tiny fraction of the money wasted by the Pentagon every year.

But then, people would have to start thinking at the ballot box. *sigh*

[indio55555]

3. He should also demand....

That tomorrow be Saturday.

[dipsydoodle]

4. If the petrol companies here

don't play ball he could esily hit them hard with a windfall tax.

Tomorrow is only ever a concept but yes hopefully Saturday will arrive safely.:)

[jdlh8894]

5. If I have 10,000 gals in the ground

that I paid 3.60/gallon for - Hell No I'm not lowering my price until I get a new delivery @ lower cost!

[RantinRavin]

6. You would go broke using that business model

You have to charge what the NEXT delivery will cost you, or you would not be able to pay for the inventory if the price goes up.

[xchrom]

7. recommend