Fuel is a big problem at the minute, and it’s led to a lot of media coverage lately. Survey results are not only showing figures representing the 20% price increase on last year and the forecasted 4p increase for the next according to the AA, but they are now also going deeper than that.
The main problem is almost two thirds (62%) of what we currently pay for our fuel is to cover fuel duty and VAT costs. So here’s where we get slightly mathematical; consider that the average petrol price is currently around 134ppl (134.5 according to the AA, but for the sake of making a point let’s round it down). Now 62% of that equates to around 83ppl; so for every full tank, of say a Ford Fiesta (42 Litres), you are spending £34.86 out of your total £56.28 on taxes!
It’s starting to get ridiculous, and others are agreeing; with 87% of those surveyed concerned about the rising cost of petrol, and of that 9% don’t even drive! However, a little leeway is being made; with a debate forced for MP’s to discuss the excessive charges next week, thanks to a FairFuelUK petition signed by over 100,000 people!
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