Diesel Fuel

[johnnie1uk]

Ive just taken a trip through UK, France and Spain,
The difference in diesel fuel prices is ridiculous, The UK 1.40-1-50 pound a litre, France 1.35-1.45 euros, Spain 1.25-1.35 euros. what happened to North sea oil?

[Gibbo]

Isn't it more to do with VAT and duty as opposed to the raw cost of the product?

[danthevan]

Don't think we own any of the north sea rigs anymore do we?

[johnnie1uk]

Yes i hadnt thought of that, also diesel is more expensive than petrol in UK and cheaper than petrol in france and Spain

[danthevan]

Think that's down to tax more than anything. Now eveyone is buying diesel cars due to fuel economy, the govt have you by the balls in another way!

[tiptronic]

North sea oil is a Top grade Sweet oil , more suitable for refining down into high grade lubrication. We Import Raw crude as this is tack that is split down into Gasoline / Diesel products . It is doubtful wether you ever stuck a North Sea product in your tank !!

[johnnie1uk]

i suppose the cheapest alternative is filtered old chipfryer oil.

[dale2321]

This is why:

If you pay 130p for a litre of unleaded petrol or diesel then the breakdown would be something like this:

per litre
Excise Duty - 59p
VAT - 21.7p
Oil Company - 44.3p
Retailer - 5p

So 81pence pl for tax man.
44ppl for producer
5ppl for seller (of which up to 3ppl will be operating costs)

60l tank = £48 to the tax man