Avgas prices-What price do you pay?
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They're both as bad as each other, Oil companies may bleat on about how the Govt. takes 70%, but they still make multi-billion £ profits that are rising as fast as the oil prices.
Anyway, it's all a con, Oil Co.s love a destabilised market so they can ramp up prices whilst blaming others. A good trick that!
Anyway, it's all a con, Oil Co.s love a destabilised market so they can ramp up prices whilst blaming others. A good trick that!
Life's too short for ironing
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$3.69/gallon at the self serve fuel pumps here in the Midwest, but we recently paid over $5 a gallon at some larger airports in the south. Everyone grumbles and groans and moans until I tell them what folk pay at home. That shuts them up!
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"Well in excess of 70% of the price is tax and duty."
Well actually for a £1.20 litre of Avgas - Excise duty=29p, VAT=18p
That makes a tadge under 40%, enough maybe, but a long way from 70%.
Well actually for a £1.20 litre of Avgas - Excise duty=29p, VAT=18p
That makes a tadge under 40%, enough maybe, but a long way from 70%.
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Originally Posted by Mark 1
That makes a tadge under 40%, enough maybe, but a long way from 70%.
Can't find current figures at short notice, but:
(This is not an invitation to thread drift!)
Intelligent Idiot
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Oil companys profits may seem high but they have to re-invest to keep it flowing.
The government just takes and takes.
The next time a politician bleats on about excessive Oil Co profits, ask them how much the government takes per year,
Bet they soon shut up.
The government just takes and takes.
The next time a politician bleats on about excessive Oil Co profits, ask them how much the government takes per year,
Bet they soon shut up.
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The duty rates are here duty rates
Actually only 28.1p for avgas.
The US price is probably a good indication of the "raw" price, and that's pushing $1/litre.
Any suggestions for running a lycoming on processed chip fat?
Actually only 28.1p for avgas.
The US price is probably a good indication of the "raw" price, and that's pushing $1/litre.
Any suggestions for running a lycoming on processed chip fat?
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Originally Posted by fernytickles
$3.69/gallon at the self serve fuel pumps here in the Midwest, but we recently paid over $5 a gallon at some larger airports in the south. Everyone grumbles and groans and moans until I tell them what folk pay at home. That shuts them up!
It's a hard life over there eh
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Originally Posted by Mark 1
The US price is probably a good indication of the "raw" price, and that's pushing $1/litre
Originally Posted by 3FallinFlyer
Doesn't a couple of dollars of that go into a GA fund that provides funding for all these GPS approaches, 5000' runways and pilot operated runway lights at out of the way smalltown airfields??
That is an interesting web site Mark 1. A quick sniff around and one finds the duty on a pint of strong ale is 36p per pint, add 35p VAT, and still quite a bit short of the £2.30 it costs down the local.
Nexialist
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Your local is buying that £2.30 a pint bitter for around £100 a barrel tax paid - 88 pints in a barrel - probably loose 5 of those in slops and pipe cleaning, so your friendly local publican is paying £1.20 a pint
Mine is £2.85
Mine is £2.85
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$3.65 per gallon for 100LL at a small airport self-serve pump in Texas yesterday. But full service at Signature at KAUS is running a bit over $5.00 per gallon last I looked. (One wonders what the city's percent was...)
BTW, local mogas was $2.79 yesterday.
BTW, local mogas was $2.79 yesterday.