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Finding/Owning French Property
Topic has 24 replies.
 
 
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16/05/2008, 20:45
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Judith
Joined on 01/02/2006
Posts 295
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powerdesal wrote: | Given that a barrel of crude yields more diesel than petrol, hence diesel having lower refining costs per litre, why is diesel in UK more expensive at the pump than petrol?
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Isn't it something to do with the amount of tax? Not up to date on this as don't have a car in London, but wasn't diesel taxed at a favourable rate, and then it changed?????
Judith ex W1 and now in the Aude
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16/05/2008, 20:53
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Clair

Joined on 23/08/2004
------- Forum Moderator ------- Lot (46)
Posts 7,793
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I follow your reasoning Powerdesal. The news item also mentioned the higher demand for diesel (in France at least) to explain the oil companies increasing diesel prices.
Clair Real Virtual French Person
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16/05/2008, 21:09
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lebois
Joined on 25/09/2007
Perigord
Posts 111
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16/05/2008, 22:10
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J.R's gone native
Joined on 16/07/2006
Picardie, Sussex
Posts 2,043
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powerdesal wrote: | Given that a barrel of crude yields more diesel than petrol, hence diesel having lower refining costs per litre, why is diesel in UK more expensive at the pump than petrol?
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Regarding the UK diesel petrol price differential, it definitely started as a taxation difference, back in the days when diesel was about 30% less than petrol (like France up until this week!) I listened to an interesting presentation from someone from the department of transport (or whatever irrelevant name they called themselves then) who explained that through taxation (unleaded V leaded) they had tried to induce the motor industry to invest in designing "lean burn" unleaded petrol engines for the future generations of cars.
It had actually backfired as manufacturers, driven by consumer demand had instead concentrated on the new (current) generation of diesel engines, he explained that they (the government) did not accept that diesels were environmentally friendly and the way to a green future because of particulate emissions, he accepted that this may be contensious and disputed but that was in fact their position and that they would gradually increase the taxation on diesel fuel until it cost more than petrol or the demand dropped.
Several years on we see the result, demand for diesels as high as ever and the price outstripping that of petrol in the UK.
OK that is my explanation for the UK now can someone tell me what the hell is going on in France?
I last filled up with diesel about 10 days ago, I am sure that it was around €1.18 per litre, not 15 seconds ago on France3 it was shown being sold at €1.43.9 and costing more than super unleaded![Angry [:@]](/cs/images/emotions/angry.gif)
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17/05/2008, 6:14
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powerdesal

Joined on 07/01/2006
Fujeirah, U.A.E
Posts 2,239
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17/05/2008, 6:34
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powerdesal

Joined on 07/01/2006
Fujeirah, U.A.E
Posts 2,239
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lebois wrote: | |
Nice of Goldman Sachs to "talk up" the price so that they make more profit - not ![Devil [6]](/cs/emoticons/emotion-14.gif)
Steve Fujeirah Emirate, U.A.E + 50 (in France) ...........................................................................
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17/05/2008, 7:43
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billyo
Joined on 15/11/2005
Posts 81
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Re: Cost of living
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Hi
Talking of a stiff drink, I read an article a couple of weeks ago reiewing the current world situation from fuel to food to domestic products and the most startling conclusion was that european domestic energy prices will double in the next two years and that by 2012 (london olympics) oil will be at 750$ a barrel. Not to mention that at the moment biofuel production curently is using 5% of the world grain production and that is set to increase to 9% in two years as well.
Photovoltaic and solar thermal is suddenly looking like a viable option....
Now where did I leave those seedlings
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France Forum » Moving » Finding/Owning ... » Re: Cost of living
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