17-01-15, 05:49 AM
Have seen the price coming down almost daily over the last 3 weeks @ my local Shell filling station. Yesterday was 104.9 ppl & I believe some garages are charging less than £1 per litre.When I were a young lad(c1956) I remember my Dad buying petrol for 2/9 per Gallon(thats less than 15p in decimal money!).
In 1966 I was buying a Gallon (4.55L per Imperial Gallon) of self-mix 2-stroke for 6/6 ( 32.5p). Lews figure relates to the US Gallon which is smaller than the UK one.
I wonder what the current annual fuel tax revenue is worth to the exchequer?-its probably one of the few sources of income left to our political masters in our new wonderful third world state.
Make the most of it fellow foccers-you can be sure that as demand increases the price will rise again as the days get warmer but I guess Cameron & Co will try to keep prices down until after the election for the " Tory feel-good factor". The USA can only hold prices down for so long in the light of increasing pressure from China, India,& other emerging/developing economies.
In 1966 I was buying a Gallon (4.55L per Imperial Gallon) of self-mix 2-stroke for 6/6 ( 32.5p). Lews figure relates to the US Gallon which is smaller than the UK one.
I wonder what the current annual fuel tax revenue is worth to the exchequer?-its probably one of the few sources of income left to our political masters in our new wonderful third world state.
Make the most of it fellow foccers-you can be sure that as demand increases the price will rise again as the days get warmer but I guess Cameron & Co will try to keep prices down until after the election for the " Tory feel-good factor". The USA can only hold prices down for so long in the light of increasing pressure from China, India,& other emerging/developing economies.