by Karl Dyson | Jan 14, 2011 | Fuel Prices
The cost of oil will hand the Treasury a windfall in extra tax this year while motorists endure record petrol prices. The Government will collect about £12 billion in tax on North Sea oil revenues – 20 per cent more than ministers had forecast, according to latest...
by Karl Dyson | Jan 12, 2011 | Fuel Prices
Chile’s lower house approved a new mechanism to buffer local fuel prices from international market variations, sending it to President Sebastian Pinera to be signed into law.As Chile imports the vast majority of the fuel it consumes and transportation and fuel...
by Karl Dyson | Jan 9, 2011 | Fuel Prices
David Cameron has played down the possibility of a “fair fuel stabiliser” to limit fuel duty rises – amid calls from business groups to introduce one. The PM said he had asked the Treasury to look at the mechanism which would cut fuel duty when oil...
