The price of fuel

Lots of candidates and voters are calling for a cut in the duty of motor fuel. They may be under the impression that £1.20+ per litre is expensive…

A few weeks ago Richard Branson gave it as his opinion that peak oil would start to bite in about five years time. On 12 4 10 the following report appeared:

The whole of our current lifestyle is dependent on oil – it won’t be just the cost of a tank of petrol, it will be everything that will be massively expensive. We need to prepare now. Fortunately, the North East is already home to the World’s largest bio-diesel plant and Europe’s biggest bio-ethanol plant – lets build some more immediately and process our waste into fuel.

For a longer look at the post peak oil world, have a look at:


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