Petrol Prices

[orono]

See what you think and pass it on if you agree with it

We are hitting £106.9 a litre in some areas now, soon we will be faced with paying £1.10 a ltr. Philip Hollsworth offered this good idea:

This makes MUCH MORE SENSE than the 'don't buy petrol on a certain day campaign that was going around last April or May! The oil companies just laughed at that because they knew we wouldn't continue to hurt ourselves by refusing to buy petrol. It was more of >an inconvenience to us than it was a problem for them. BUT,whoever thought of this idea, has come up with a plan that can really work.

Please read it and join in!

Now that the oil companies and the OPEC nations have conditioned us to think that the cost of a litre is CHEAP, we need to take aggressive action to teach them that BUYERS control the market place not sellers. With the price of petrol going up more each day, we consumers need to take action. The only way we are going to see the price of petrol come down is if we hit someone in the pocket by not purchasing their Petrol! And we can do that WITHOUT hurting ourselves. Here's the idea:

For the rest of this year DON'T purchase ANY petrol from the two biggest oil companies (which now are one), ESSO and BP. If they are not selling any petrol, they will be inclined to reduce their prices. If they reduce their prices, the other companies will have to follow suit. But to have an impact we need to reach literally millions of Esso and BP petrol buyers. It's really simple to do!!

Now, don't wimp out on me at this point... keep reading and I'll explain how simple it is to reach millions of people!!

I am sending this note to a lot of people. If each of you send i t to

at least ten more (30 x 10 = 300)... and those 300 send it to at

least ten more (300 x 10 = 3,000) ... and so on, by the time the

message reaches the sixth generation of people, we will have reached

over THREE MILLION consumers! If those three million get excited and

pass this on to ten friends each, then 30 million people will have

been contacted! If it goes one level further, you guessed it... ..

THREE HUNDRED MILLION PEOPLE!!!

Again, all You have to do is send this to 10 people. That's all.(and

not buy at ESSO/BP) How long would all that take? If each of us

sends this email out to ten more people within one day of receipt,

all 300 MILLION people could conceivably be contacted within the

next 8days!!! Acting together we can make a difference If this makes

sense to you, please pass this message on.

PLEASE HOLD OUT UNTIL THEY LOWER THEIR PRICES TO THE 69p a LITRE

RANGE

It's easy to make this happen. Just forward this email, and buy your

petrol at Shell, Asda,Tesco, Sainsburys, Morrisons Jet etc. i.e.

boycott BP and Esso

[Techno_singh]

atleast your trying to bring the HUMOUNGOUSEOUSOUSOUS PRICE DOWN

[lowest of the low singhni]

Petrol Prices - what can we do?

Get a bus pass?

[Heera Singh]

Ride a horse

[proactive]

It's not the petrol companies that are hiking up the prices, it's the tax the UK govt puts on the petrol. It's something like 70% so if you're paying 106.9p per litre then you're paying 75p in TAX and VAT. The crude oil proce has increased from something like $12 a barrel to approaching $100 a barrel in the last 10 years. This has mainly been due to speculators such as hedge funds forcing up the price in order to make billions of pounds in profits. Also the economies of China and India have needed a huge increase in oil imports.

Rather than boycott two particular companies it would be much more effective to cut back on the using your car for unnecessary. The boycott seems a good idea at first until you consider that you will still be using the same amount of petrol the only difference being that you are purchasing the petrol from another oil company. The government doesn't get affected as they just get less tax from one oil company but this is offset by an increase in tax from other companies.

The crude oil price is kept artificially high because hedge fund speculators are working in conjuction with one another by buying huge delivery contracts and thus pushing the price up and then selling these contracts all at once and the forcing the price down again and then starting the buying again and the cycle restarts. They have been doing this for the last few years. These speculators have been caught out recently because of bad economic data from the US economy and the price has drifted down to $90 a barrel.

A nightmare scenario for these speculators is if there is a sudden drop in consumption. This is why a change of habits will make more sense. If you can even reduce you fuel consumption by 10% which can be done easily by just using public transport instead of your car say 3-4 days in a month, or instead of using your car unnecessarily such as the school run when you can easily walk the kids to school etc. This could easily push the crude price down to $60 if not down to the $40 which is where it should be.

[Revolutionary]

has anyone thought that petrol prices are really low compared to many other liquids!

Just becuase we got used to the v. low prices we complain when there is a lil rise..

Just a thought

[mophlrkb]

Ha, good point.

A bottle of posh water can cost a quid a liter!!!!!!!

Even Coke....is more then a quid a liter!!!!

Ahh!!!!

Bring back the horse and carrage

[Gurbar Akaal]

Coke does cost more than Petrol, but you dont drink 35+ litres of coke a week.

[supasinghsghost]

or u could jus walk everywhere and save the environment etc.........anyway im too busy to save the environment these days!

[OhTwadi]

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