The oil companies are under investigation, yet again, on suspicion of rigging fuel prices. Want to guess the outcome, again?
They are claiming loudly it is not them but speculators on the futures markets artificially pushing up prices and they are caught in the trap.
Well the gas and electric companies are making the same claims and one of the very biggest futures speculator in this field is British Gas.
So is it possible the oil giants are dipping in the same trough?
The biggest part of the cost of pump prices is the fuel duty.
As this is a percentage figure then the cost of undue price speculation by the oil companies is multiplied by this tax.
Suppose the government switched the tax from the consumer to the oil firms, those actually making the mega profits.
Set at the right level to equal or even better the revenue from fuel duty, it could ease the massive burden on the motorist and discourage the speculators by hitting them in the pockets.
Of course there would be outrage from the greedy and price rises at the pumps. Not to mention the fury from the green lobby but it is time they came up with a better alternative than ‘leave your cars at home and take a bus.’
Buses don’t run to where most people work or at convenient times of day.
Time to ease the burden on the motorist and make the parasites pay up!
Jeff McCann, address supplied
Support Sid for kids’ charity
I would like to tell your readers about a fun children’s charity event which I am supporting this October.
Humphrey’s Pyjama Week, in aid of The Children’s Trust, is an annual fund-raiser from 8-12 October, for nurseries, playgroups and primary schools to get involved in.
Youngsters will be encouraged to put on their favourite pair of pyjamas for one day for a voluntary donation of £2 each, and themed events can also be organised such as treasure hunts and best dressed competitions.
So, why not spread the word to your children’s teachers or playgroup assistants to take part in this special fund-raising week to raise money for some very special children.
Money raised will be of huge benefit to the Trust, a national charity based in Tadworth, Surrey which provides care, education and therapy for children with multiple disabilities and rehabilitation services to children with an acquired brain injury.
Participating nurseries and schools will receive an event pack which includes Humphrey’s stickers, posters, party hats, a certificate for each child, and a story booklet.
Join up now by registering on-line at www.thechildrenstrust.org.uk/humphrey. For further details email: email@example.com or telephone: 01737 364322.
On Behalf of The Children’s Trust.