26.04.08 Panic buying warnings ignored across the UK
Motorists across the UK appear to have ignored warnings by industry experts and the government not to panic buy fuel ahead of the proposed oil refinery strikes in Scotland due to start tomorrow.
Motorists from North Yorkshire, East Anglia and as far south as Surrey have reported queues at petrol stations as people start to worry ...
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25.04.08 Petrol protests in London to coincide with Grangemouth strikes
One of the groups behind the fuel protests in 2000 has announced that it is organising a fuel protest in London to coincide with the strikes at the Grangemouth oil refinery in Scotland.
The strike has the support of Unite, the same union supporting the workers threatening to strike at the Ineos refinery in Grangemouth.
Transac...
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23.04.08 Oil strike pushes UK pump prices to record highs
Petrol prices across the UK have reached new records, with a 10 day run of all-time highs attributed to the threat of the UK's first oil refinery closure in 73 years.
The threat of closure has led to panic buying at stations in Scotland, price increaces of 5p per litre at some stations, and has been blamed for pushing the price o...
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12.03.08 BUDGET UPDATE: 2p duty rise delayed until October
The Chancellor Alastair Darling has backed down on plans to increase fuel duty by 2p in his budget speech. The 2p increase has been delayed until October 2008, but not scrapped entirely. It is unclear what will happen to the 2p rise that was already planned for October.
Delaying the 2p rise in duty is simply not good enough. With each week se...
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12.03.08 BUDGET UPDATE: Darling expected to delay 2p fuel duty rise
Late last night reports started to circulate that the Chancellor Alastair Darling was ready to back down over the proposed 2p increased in fuel duty. The BBC was the first to report the 11th-hour climbdown citing 'well placed sources', followed by the Telegraph online edition in the early hours of the morning. However, the expectation is that he...
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10.03.08 The Chancellor must scrap the 2p fuel duty rise
On Wednesday the Chancellor Alistair Darling will unveil the 2008 budget, and with it, a series of tax hikes on motoring. The government is still planning to press ahead with a 2p increase in fuel duty, to take effect from April 1st 2008, despite increasing fears over the state of the economy and new record oil prices being set each w...
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13.02.08 Fuelling inflation
Inflation is currently running at the highest level since June last year, and rising fuel costs are to blame – that's the conclusion of the latest report on inflation by the Office of National Statistics (ONS).
The two indicators of inflation, the Consumer Prices Index (CPI) and the Retail Price Index (RPI), both show an increase...
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18.01.08 The arrival of £5 a gallon diesel
When petrol prices hit the £1 a litre mark last year motorists and hauliers were understandably outraged. However, the price of diesel went through the £1 a litre mark a long time ago, and has showed no sign of falling since. The national average price diesel currently stands at 109.3p per litre, less than 1p away from £5 a gallon. ...
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08.01.08 2008 - the Year of the Electric Car?
The beginning of a new year is usually the time for resolutions, spring cleaning and a renewed sense of optimism, but 2008 has got off to a miserable start so far.
In quick succession, oil prices hit $100 a barrel, npower announced it was hiking prices by 27%, and British Gas looks set to be the first to follow suit.
The anxiety...
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18.12.07 Why did the fuel protests run out of steam?
The fuel protests organised by pressure group Transaction 2007 this weekend failed to gather the support they needed to make the protests a success. The group had hoped that supporters would gather at fuel refineries and depots across the country on Saturday morning (15.12.07) in order to force rising fuel costs back onto the political agenda. H...
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