This petition was submitted during the 2010-2015 parliament
Rejected petition Fuel Prices
More details
As of March 2011 the portion of tax that we pay at the pump on unleaded was 60%. So if the pump says: 132.7p, the duty we pay on that is 57.95p and the vat 22.12p.
You think, maybe the oil companies and causing this? No! Fuel duty is higher than the cost of the product!
"If a litre of unleaded cost 132.9p, it would be split in the following way: Duty - 57.95p, Product - 47.8p, VAT- 22.15p and Retailer - 5p." - http://www.petrolprices.com/.
This is a joke and the prices are increasing at a steady rate! In November 2010 the cost of unleaded was 118.7p. That's a hike of around 14p in less that 6 months! The average price for unleaded is now 136.51p, the least you are looking to pay nationally is around 130p and the most is 150p.
The cost of fuelling our vehicles is too high. This petition is to get the government to do something about it.
Sources: http://www.whatgas.com/car-finance/fuel-duty.html and http://www.petrolprices.com/
This petition was rejected
Why was this petition rejected?
There’s already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.
You are more likely to get action on this issue if you sign and share a single petition.
This appears to be a duplicate of one submitted by the same petitioner (albeit just rejected).
We only reject petitions that don’t meet the petition standards.