Posts Tagged ‘UK’

Britain’s Brown urges global action on oil prices

Thursday, May 29th, 2008

Britain sought a slight increase in oil production from its North Sea fields on Wednesday, but Prime Minister Gordon Brown warned that only coordinated global action could help rein in spiralling oil prices.

A day after British truck drivers caused road chaos with protests against rising fuel bills, Brown said he understood the impact on families across the country but that only an international strategy could help bring oil prices down.
“A global shock on this scale requires global solutions,” Brown wrote in the Guardian newspaper, pledging to put international action on oil prices at the top of the agenda at the Group of Eight (G8) summit in Japan in July.
“In advance of the G8 summit, I will be proposing further work internationally to achieve a better dialogue on supply possibilities and trends in demand,” he wrote.

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Brits Angry Over ‘Unfair’ Petrol Prices

Wednesday, May 28th, 2008

The rise in fuel prices is unjust and straining family finances, but it will not force car-reliant Brits from their vehicles.

Over half (55%) of 2,663 Sky News Panel members said they had been forced to cut back on their general spending because of the soaring prices at the pumps.

But under a third (32%) said they were making up for the climbing petrol cost by driving less.
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Hoots of support for London lorry fuel protest

Wednesday, May 28th, 2008

Hundreds of lorry drivers converged on London yesterday to protest at rising fuel costs. Police closed a section of the A40 — one of the capital’s main arteries — so that it could be used as a massive lorry park.

From there the drivers made their way to a rally at Marble Arch, where they told of jobs under threat, severe belt-tightening and family companies facing closure.

Early yesterday morning, as the convoys set off from Kent, Essex and all points north and west, they were greeted with spontaneous applause from motorists, who are also feeling the pinch with petrol prices rising to an average of about 114p a litre and diesel to 126p.
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Fuel duty convoy to jam the capital

Monday, May 26th, 2008

Lorry drivers are to pour into London for what organisers hope will be the largest-ever fuel duty protest in the capital.

Hauliers are angry at soaring fuel prices which have resulted in the average cost of diesel passing far beyond the 120p-a-litre mark.

Led by lorry drivers from Kent, the protest is expected to attract hundreds of hauliers from all around the UK.
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Huge rise in cost of diesel increases fuel thefts

Friday, May 23rd, 2008

Business is good for John Leighton. His company, which makes anti-theft devices for the diesel tanks of lorries and buses, has seen sales increase by 45 per cent so far this year amid warnings of an upsurge in “fuel rustling” sparked by sharply rising forecourt prices.

While petrol prices have risen inexorably in recent weeks to about 114p per litre, diesel – a fuel that could once be relied upon to undercut the cost of petrol – is now on average 12p per litre more expensive, which is causing financial difficulties for heavy users such as the haulage industry.

The AA said the 5.7 per cent rise in British diesel prices in the past month was the steepest since 2000 and warned that the intervention of speculative investors on world crude oil markets was helping to push up prices to more than $135 (£68) per barrel – more than double the cost of 12 months ago.
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Dearest diesel in UK – and trains going up

Wednesday, May 21st, 2008

The cost of travelling is set to rise again as passengers face record prices at the pumps and changes at the ticket office.

Wales now has the highest diesel prices with a litre costing 124.17p.

A bid to make train fares less complicated will see some tickets for cross country journeys from Wales rising by a third.
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