Is the price of petrol and diesel damaging the economy ?

Question

Is the price of petrol and diesel damaging the economy ?

Answer 1

Yes as it adds more expense onto everything.

Answer 2

Don't know about the economy,but its certainly hurting my bank account.

Answer 3

Absolutely - because as others have said, it adds a cost onto everything, food, clothing, electrical goods...

And its not solving the problem - no-one I know or have ever heard about is using their car less because we have no viable alternative.

I live in the East Midlands, and work near London - I drive my car each way 2-3 times a week.

I looked into the cost of using public transport - it would cost me over £115 and would mean me leaving at 6 in the morning and getting back after 11 at night - Yeah- I'm going to give that a go!

The govt either need to reduce the cost of fuel - or improve the public transport provision - EASY!

Answer 4

The bloody stricking Sea  France workers are doing more damage to haulage currently.

Also if an HGV goes aboad  it can fill up over there on cheaper fuel robbing the exchequer of its duty completely.

Answer 5

I reckon so. I hate this government for putting the price of fuel duty up! I am out in the sticks and need transport to get to places, its sick I am charged so much.

Answer 6

I need my car as I live in a rural area.  I've just filled up and it cost me £40.......almost one weeks wages for some people.......ridiculous !!!....does it stop me popping down to the shops ...yes....so the shop loses out too.

Answer 7

The answer to that should lie in your pocket after your next top-off.

Answer 8

taxation distorts the economy

Answer 9

Is this the kind of question that comes after the fact? The proof is un-deniable. and when the tail end drops. the feathers will fly.

Answer 10

Yes it is, very much so.

Answer 11

as long as public transport remains so c**p in this country then we are forced to pay for expensive fuel. the government dont want us to drive cars but they arent doing anything with improving public transport either. they can have it both ways.

Answer 12

its already damaged along time ago

Answer 13

Think of what it does to the economy of the countries who are not paid enough for the raw material.

Answer 14

How long have you got?

Okay the Garage in Haslemere 108 diesel 106 unleaded. Now food is brought in along with everything else to warehouse and shops, to transport it there we need lorries etc. Then we drive to the supermarkets like drones, and find the prices of bread, milk and generally everything else are gradually creeping upward.  It's not just the price of fuel its the lovely tax on it . I teach, but I also do a lot of research which means I get to travel, ugh. I don't use Br SWT or whatever they're called these days, Last year a ticket from here to London off peak was 18 quid. I'd rather drive or get a taxi, save all the hassle, problem is the local taxi drivers have now changed their rates to cope with costs. If this goes on much longer We're going to hear a big bang. (no not Gordon) our economy. Supply and demand doesn't actually interfere here, the problem in the states. You see GW Bush allowed PRC peoples republic of china, to buy up millions, billions of bonds thus financing the war in the middle east. Now couple this with the prime ep fiasco, and the latest investigation by the federal authorities into their largest mortgage lender for securities fraud, and this effects  our banks (northern rock) and our stock market. Its a viscous circle, thank goodness we haven't got the euro.