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Feeling the "Pinch" ?

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View Poll Results: Are you feeling the pinch ?
Yes. The higher prices are fefinitely having an effect. 3 50.00%
No. It's a matter of being sensible during this blip. 1 16.67%
If things get any worse it could have serious repurcussions. 0 0%
Not bothered. Time to emigrate. 2 33.33%
Multiple Choice Poll. Voters: 6. You may not vote on this poll

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Old 17th June 2008, 08:32 AM
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Feeling the "Pinch" ?

With Energy, Fuel & Food prices soaring, are people starting to feel the pinch ?. There were reports of one garage charging £9 per gallon or £1.99 a litre for petrol during the Shell Tanker Drivers Strike this past weekend. Is this a sign of things to come or will things eventually settle back down again ?
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Old 17th June 2008, 11:18 AM
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I think we'll have to get used to paying around £1.50 for a gallon for quite some time, maybe it'll settle down in a couple of years. The garage charging £1-99 a gallon shows how some people don't give two shits about their customers. The local people should boycott it, then it'll be forced out of business. The government needs to act quickly and reduce the tax on fuel otherwise we're looking at a recession comparable to the seventies. The motorist should also get together and boycott a oil company's garages, if everyone stopped using one company, they'd have to reduce the prices. It won't happen though i'm afraid, we currently have the record high price for fuel, and also queues to buy it
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Old 17th June 2008, 05:24 PM
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I am at the moment a bit uneffected by all this as I am outside the UK and on exspenses so I am not personally effected by it. However I think things are always made worse when people start panic buying. There seem so little faith in offical information, for instance there about 39,000 petrol stations in the uk of which about 2000 are shell stations, then because of the panic of thise 39,000 stations nationwide 650 run out of fuel and restocked the next day but people still panic buy?

As for the price rises, a bigger facter is that the american stock exchange as of january 1st 2008 allowed Oil to be traded as openly as a commodity without the previous restrictions the floor trading price has gone through the roof. So the real cause of the price rises is not the Arab's or the oil companies( although they will take the money) but the investment houses who we buy pensions, insurance and ISA's from this is how they make the profits.

They price may drop a few pence but I think the cost petrol will never go below £1 per litre again...sorry.. Cost of living will rise to cover the cost and eventually salaries will start to catch up.
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Old 17th June 2008, 08:05 PM
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most definitely i am having to put in more overtime to manage
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Old 18th June 2008, 01:01 PM
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it doesnt seem that long ago we were up in arms over petrol reaching £1 a ltr.....were not far off £1.50 now......a couple of slow moving lorries arent gonna change anything.....the whole country needs to be together on it or we'll never get anywhere
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