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London Transport (uk.transport.london) Discussion of all forms of transport in London. |
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#1
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In message , at
20:57:45 on Mon, 29 Aug 2005, Martin Underwood remarked: For some reason, the rises in the price of fuel over the past few months have affected diesel prices more than petrol: going back a few years, diesel used to be slightly cheaper than petrol, then it drew level and became 1-2 pence/litre more expensive, but stilll cheaper than leaded or lead-replacement petrol; now it's consistently the most expensive fuel on the forecourt, typically 5 pence/litre more than unleaded. Since the fuel duty (a fixed rate that's not dependent on the raw material cost) hasn't changed, I'm not sure what's happened. When oil is refined, it's expensive to change the types of fuel that are produced (away from some "natural" mix of petrol/diesel etc). I expect that the demand for diesel has increased enormously, so the price rise reflects a relative scarcity. -- Roland Perry |
#2
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Roland Perry wrote:
In message , at 20:57:45 on Mon, 29 Aug 2005, Martin Underwood remarked: For some reason, the rises in the price of fuel over the past few months have affected diesel prices more than petrol: going back a few years, diesel used to be slightly cheaper than petrol, then it drew level and became 1-2 pence/litre more expensive, but stilll cheaper than leaded or lead-replacement petrol; now it's consistently the most expensive fuel on the forecourt, typically 5 pence/litre more than unleaded. Since the fuel duty (a fixed rate that's not dependent on the raw material cost) hasn't changed, I'm not sure what's happened. When oil is refined, it's expensive to change the types of fuel that are produced (away from some "natural" mix of petrol/diesel etc). I expect that the demand for diesel has increased enormously, so the price rise reflects a relative scarcity. I seem to recall mention of a shift in Treasury policy on fuel taxation so that they get the same amount of cash per mile from the motorist regardless of fuel used. Diesel using less fuel per mile gets taxed more. No I don't have a link to confirm that. |
#3
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"Martin Underwood" a@b wrote in
: There are two ring roads around London. Three. Besides the M25 and North/South Circulars, there's the inner ring road, which is currently (almost) co-incident with the outer perimiter of the congestion charge zone. Much like the North Circ used to be (and the South Circ still is), it's a collection of roads that happen to form a circumference around "central" London, rather than being a purpose-built ring-road. Iain |
#4
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"Iain" wrote in message
... "Martin Underwood" a@b wrote in : There are two ring roads around London. Three. Besides the M25 and North/South Circulars, there's the inner ring road, which is currently (almost) co-incident with the outer perimiter of the congestion charge zone. Much like the North Circ used to be (and the South Circ still is), it's a collection of roads that happen to form a circumference around "central" London, rather than being a purpose-built ring-road. True. I don't tend to think of Marylebone Road / Euston Road / City Road as being a ring road, but looking at a map it is. I suppose you could continut it into south London as Borough Road, Westminster Bridge, Victoria Road, Park Lane and Edgware Road to get back to the starting point. |
#5
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In message , at 16:09:36 on Sun, 28 Aug
2005, David Spiro remarked: Just saw a news piece last night here in the states on the impact of rising gas prices over in London. While they touched on many things, the two things that stuck out for me were the increase in fuel efficient car usage, Fuel efficiency is an important characteristic when choosing a car, but this isn't a new thing. Cars are, on average, much smaller and more efficient than those in the USA. Thinking of some common models, the Mercedes "E" series is regarded here as a very big car, and a BMW X5 or Range Rover is about the largest vehicle anyone would ever buy. Despite the current high price of gas, it has not risen as fast as inflation. and the increase in public transport use. Are you folks who use the system daily there noticing any true increase in passengers, and has the congestion charge had any real effect on public transport use as well? Within the congestion zone itself, perhaps; but not outside it. -- Roland Perry |
#6
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"Roland Perry" wrote in message
.uk... In message , at 16:09:36 on Sun, 28 Aug 2005, David Spiro remarked: Just saw a news piece last night here in the states on the impact of rising gas prices over in London. While they touched on many things, the two things that stuck out for me were the increase in fuel efficient car usage, Fuel efficiency is an important characteristic when choosing a car, but this isn't a new thing. Cars are, on average, much smaller and more efficient than those in the USA. Thinking of some common models, the Mercedes "E" series is regarded here as a very big car, and a BMW X5 or Range Rover is about the largest vehicle anyone would ever buy. Despite the current high price of gas, it has not risen as fast as inflation. I'm surprised that it's risen at less than the rate of inflation. Since I started keeping records of my fuel consumption and fuel charges, the price has risen from about 45 pence to 95 pence between 1993 and 2005. So that's just over a 100% increase in 12 years or an average of about 9% per year. I wonder what the average rate of inflation has been over that period? I know it used to be a lot higher than the 2-3% it is now, but I bet the average isn't as high as 9%. |
#7
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Martin Underwood (a@b) gurgled happily, sounding much like they were
saying : Despite the current high price of gas, it has not risen as fast as inflation. I'm surprised that it's risen at less than the rate of inflation. Since I started keeping records of my fuel consumption and fuel charges, the price has risen from about 45 pence to 95 pence between 1993 and 2005. So that's just over a 100% increase in 12 years or an average of about 9% per year. I wonder what the average rate of inflation has been over that period? RPI was 137.9 at Jan 1993 and 192.2 at Jul 2005. According to that, fuel prices have risen *much* faster than inflation. http://www.statistics.gov.uk/STATBAS...9&More=N&All=Y |
#8
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![]() Adrian wrote: RPI was 137.9 at Jan 1993 and 192.2 at Jul 2005. According to that, fuel prices have risen *much* faster than inflation. http://www.statistics.gov.uk/STATBAS...9&More=N&All=Y However, if you take a longer term view, petrol has risen roughly in line with inflation since 1970 and has almost halved in relation to average earnings. According to: http://www.barrydoe.co.uk/2004.pdf Petrol has risen 11 fold between 1970 and 2004 and RPI has risen 10 fold. By contrast, average earnings have risen 19 fold. |
#9
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In message .com, at
01:01:33 on Tue, 30 Aug 2005, Richard Adamfi remarked: However, if you take a longer term view, petrol has risen roughly in line with inflation since 1970 and has almost halved in relation to average earnings. To be honest, it was probably the average earnings figure that I was remembering. So petrol is twice as affordable as it once was, which is the important thing. -- Roland Perry |
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