Protesters warned of a fuel price ‘crisis’ last night after the cost of unleaded petrol hit £1.40 a litre – £6.37 a gallon.
Campaign group Fair Fuel UK said that the price charged at a BP garage in Kent was the highest so far in Britain.
The forecourt on the M2 near Rainham, Gillingham, was also selling a litre of diesel at £1.44 – about £6.55 a gallon.
This is a product of monetary inflation and the events in the Middle East.
Oh, as will no doubt be pointed out by the various useful leftist idiots, by Osbourne's Declining Rate Of State Sanctioned Theft Re-Appropriation Programme (DROSSTRAP as I'll now refer to it as in the future; in a nutshell taking more from us at a slower rate of increase).
However, I for one see that the DROSSTRAP's only problem comes down to the ideological diarrhoea epidemic at the core of the coalition; how they proselytise on personal freedom yet introduce more regulations than ever before, how they talk about rethinking what government should do then completely botch the so-called bonfire of the QuANGOs, the technocrats expanding such areas of proscription.
I have heard many figures as to the percentage cost as tax for petrol; the figures below are just one estimate taken from here.
Or for ever pound you spend at the pump 62-64 pence finds it's way into the coffers of the state.
Or an effective tax rate of ~125%.
Hands up who think thats reasonable?