Through the power of Facebook, up to a half a million drivers in the UK are expected to boycott gas next month shortly before the nation heads to the polls for a general election in which Prime Minister (PM) Gordon Brown is fighting stiff competition for the win.
Nobody wants to pay more for fuel than they need to. This may especially be true in the UK where, due in large part to heavy taxes, both gas and diesel are much more expensive than they are in the States. Regardless of how much it's taxed, though, as the price for a barrel of crude goes down, so should the cost of fuel for the end consumer, at least in theory. It seems that this isn't entirely the case across the pond, where an investigation is currently underway into current fuel prices. When c
A quick thrash of the calculator shows that £1 per liter works out to a sky-high $6.88 per U.S. gallon. This prediction comes from someone who knows whereof he speaks - Lord Browne, CEO of British Petroleum (pictured at right). In an interview with the BBC, Lord Browne said that prices could well pass the pound-per-liter benchmark if crude oil prices continue to rise, adding, "We're not passing anything like the complete effect of crude oil prices onto the consumer."
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