partly tax, I should guess
ie a big chunk of what you pay at the pumps is a flat tax per litre, which doesn't change when the crude oil price moves. So reduces the effect on the post-tax price.
Which also meant that when the crude price went *up* 30%, the price at the pumps didn't go up nearly as much.
Posted By: Tricky Hawes on September 12th 2008 at 15:03:28
Message Thread
- Oil is now down nearly 30% on what is was 2 months ago. (General Chat) - bowfront1, Sep 12, 14:43:04
- Did the price at the pumps ever go up by 30%? (n/m) (General Chat) - Ben, Sep 12, 16:00:34
- just ordered some heating oil-fucking 52.5 per litre! last time i ordered it was 19! (n/m) (General Chat) - selwyn, Sep 12, 15:12:30
- partly tax, I should guess (General Chat) - Tricky Hawes, Sep 12, 15:03:28
- It's called capitalism. n/m (n/m) (General Chat) - woody, Sep 12, 14:46:47
- takes a while to ripple through (General Chat) - camcan, Sep 12, 14:45:54
- "you can lick my ripples" (n/m) (General Chat) - pants, Sep 12, 14:46:43
- ..... always loved the look on the shopkeepers face (General Chat) - pants, Sep 12, 14:48:21
- "you can lick my ripples" (n/m) (General Chat) - pants, Sep 12, 14:46:43
- Because they're tossers (n/m) (General Chat) - harry boulders, Sep 12, 14:44:07
- down 30% per barrel that is (n/m) (General Chat) - bowfront1, Sep 12, 14:43:58
- need to make smaller barrels then (n/m) (General Chat) - Charles21, Sep 12, 14:44:22
- I bought a glass that holds 3 pints the other day (General Chat) - pants, Sep 12, 14:50:57
- = pants bought a vase (n/m) (General Chat) - bitnaughty, Sep 12, 14:53:31
- I bought a glass that holds 3 pints the other day (General Chat) - pants, Sep 12, 14:50:57
- need to make smaller barrels then (n/m) (General Chat) - Charles21, Sep 12, 14:44:22
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