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Tuesday 13 September 2011

Why Are Fuel Bills So High?

By Maurice Riley


I'm just looking thru some brochures about wood-burning stoves and considering the big price rises in oil, gas and coal. All the necessities fundamentally of powering our autos and heating up our houses have as everybody knows went through the roof.

The oil barrens put up the price of oil when there's a business crisis. Then when there's a boom they put it up again as they say the demand is too high. What gives and who's really controlling this monopoly that eats away massive bits of the average household's bills.

Haven't we got enough oil reserves here in the U.S. ? Why do we need to import so much black gold? Scientist's are the motor industry and quickly following new technologies to combat balance the supposed shortage of normal fuels. Hydrogen fuel cells are alleged to be the way forward. Well if so what's keeping it so long?

Will the oil industry try to discredit the technology or will they get in on the act and take the gas station monopoly and transfer it to a hydrogen station and electric charger point dynasty?

If so then the price we are paying now will be precisely the same as when the advanced technology comes in, aside from the undeniable fact there will probably be an extra "green" charge put on top of that. Well if you think we are bad, folks in The UK are paying 3-4 times more than us for fuel. The tax levy of fuel in England is astronomic. Gas as they call gasoline has about a 70% tax levy.

Pretty steep. The salary there are rather low in some bits of the country as well and food is almost double the cost of America's. As you can imagine it would be a pretty hard place to live in you were on a lower revenue wage. Not to mention the lack of sunlight!

Remind me not to emigrate soon, that'd be like jumping out of the proverbial over taxed frying pan into a bigger taxed red hot fire.




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