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Fuel card news: Government 'to blame for fuel prices'

05 August, 10
Struggling drivers have been advised by former Conservative spin doctor Sir Bernard Ingham that even though oil prices remain on a broadly upward trend, it is in fact the government which takes "the lion's share" of fuel revenues.

Writing in the Yorkshire Post, Sir Bernard revealed that he had paid 119.9p for a litre of unleaded during a recent journey and suggested a lack of government foresight has left Westminster dependent on income from sky-high fuel taxes.

"People only too readily blame the oil companies for profiteering at the pumps," he said. "Petrol prices can only get worse medium term. Oil production is going to struggle mightily to keep pace with demand."

Sir Bernard added that fuel duty accounts for roughly two-thirds of petrol and diesel prices in the UK.

The cost of fuel has risen steadily throughout the course of 2010, averaging more than 120p a litre in April and remaining close to the year high in the following months.

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Posted by Steve ClarkeADNFCR-2675-ID-800013566-ADNFCR

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Fuel card news: Government 'to blame for fuel prices'