Monday, February 11, 2013
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In my opion the OFT report was a load of bunkum, did the oil companies get to them in some way.
The scandal of diesel costing more. This highlights that the consideration isn't the oil markets but an outrageous attempt to fleece the motorist, after all they can take advantage of more mpg for diesel which psychologically works on the mind to ease the higher price. A lot of problems started when price per gallon was changed to price per litre, after all 15p per litre has a much better sound than 70.5p per gallon. An examination is needed into personal gains for the modern politician via the lobbying circuit, stronger controls are needed to stop the serving of big business interests at the expense of the electorate.
This just goes to prove that this government of ours manipulated the OFT findings, after all it is not in there interest to see the price of fuel drop. Why is it that oil tankers sit off the coast at Southwold waiting for the price of oil to go up before they come into port and unload.
There is a simple reason why demand for oil in the us and uk has falllen, yet the price has risen. You see the price of crude has not risen so much as the purchasing power of the US dolllar has fallen (due to inflation). Inflation is the reason here too. Governments like to hide behind fudged figures (CPI) if it gets too high then just change how its calculated to keep the masses dumb to it. Thing is they forget the masses all have eyes and notice inflation every time we visit a pump, or indeed visit a shop for a loaf of bread.