Plantagenet wrote:It can't be good news for Gordon Brown's re-election effort that gas prices in Britain are peaking just as he calls the election
This the way to Downing street chaps?
Plantagenet wrote:It can't be good news for Gordon Brown's re-election effort that gas prices in Britain are peaking just as he calls the election
dorlomin wrote:Fortunately our government had the foresite\ greed (delete as appropriate) to realise that we peaked out of physical space before almost any other resource and that there was a limit to the amount of cars we could have so squeezing motorists\ preventing congestion (delete as appropriate) became public policy and the government raised revenew with huge fuel taxes, most of the money in that record fuel price is going back into the coffers of the UK government and not some foriegn power.
Number of cars declines for the first time since Second World War
For many people the solution is not all that hard. Bit of stiff upper lip and a bit of wheezing for the first few weeks.....
dorlomin wrote:Fortunately our government had the foresite\ greed (delete as appropriate) to realise that we peaked out of physical space before almost any other resource and that there was a limit to the amount of cars we could have so squeezing motorists\ preventing congestion (delete as appropriate) became public policy and the government raised revenew with huge fuel taxes, most of the money in that record fuel price is going back into the coffers of the UK government and not some foriegn power.
Number of cars declines for the first time since Second World War
For many people the solution is not all that hard. Bit of stiff upper lip and a bit of wheezing for the first few weeks.....
Cabrone wrote:London is a fairly flat place after all.
dorlomin wrote:Fortunately our government had the foresite\ greed (delete as appropriate) to realise that we peaked out of physical space before almost any other resource and that there was a limit to the amount of cars we could have so squeezing motorists\ preventing congestion (delete as appropriate) became public policy and the government raised revenew with huge fuel taxes, most of the money in that record fuel price is going back into the coffers of the UK government and not some foriegn power.
Number of cars declines for the first time since Second World War
For many people the solution is not all that hard. Bit of stiff upper lip and a bit of wheezing for the first few weeks.....
KevO wrote:But you can forget all about bicycles
http://www.energybulletin.net/52397
http://www.bbc.co.uk/news/business-19810276
Nearly half a billion fewer litres of petrol and diesel were sold between April and June than during the same period last year, says the Department of Energy and Climate Change.
The reduction came despite a fall in fuel prices during the period.
It came after sales rose at the start of the year when the threat of a tanker drivers' strike saw panic buying.
Motoring organisation The AA said price rises since 2008 have contributed to a "steady decline" in the overall market.
dorlomin wrote:Snap I was just coming to post this. There has been a massive increase in cycling in the UK over the past few years, but that wont really account for that much of the drop.
Smaller cars and less family days out are likely to play a part as well.
A whopping 250,000 fewer new drivers took their test in 2011 than in 2005 with fuel costs and job fears putting an entire generation off the roads, the Driving Standards Agency said 1,080,320 people aged 17-25 took driving tests last year. The traditional pattern of learning to drive and owning a car is being shunned by an increasing number of under-25s worried about rising unemployment, soaring motoring costs paying tuition fees.
Oil price could make 'upwards break towards $60'
Optimism is growing for future trading, too - BMI Research says it sees "significant potential for an upwards break in Brent towards $60 per barrel".
BMI Research argues this is down to "bullish technical drivers and supportive conditions in the broader financial markets". Essentially, its analysts believe markets are quite "risk-on" and that oil's recent trajectory makes a case for further gains to come.
In addition to ongoing speculation that Opec will confirm its tentative supply deal when it meets formally next month, markets are buoyed by official data showing raw crude stockpiles in the US has fallen for the sixth time in seven weeks.
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