Well as any Brit can tell you these days the cost of petrol is quite high. It's not that suprising really and as the masses of cars, bikes, vans, trucks etc. will prove, it remains affordable.
It was curious to recall the petrol blockade of 2000 with a friend this week-end. Prices back then hit a high of around 85p a litre (source http://www.whatprice.co.uk/car/retailer-petrol-prices.php). How we have become conditioned to the recent high prices that paying 89.9p/l is now a bargain price! Don't worry this isn't a rant against high taxes and those greedy b'stards in power etc. They DO have a lot to answer for, but , as my recent investigations into car buying have confirmed, cars are luxury items and there are a lot of people out there driving something they can't afford.
So, how come a price of 89.9p/l is such a bargain? Well when the price has come down from (for me) 95.9p/l you start to get my point. Of course I know that this is only a temporary blip, current international affairs and ultimately the available reserves on the planet mean that the price can only increase.
Monday, September 04, 2006
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