Another symptom of Sterling devaluation as the pound is now falling against the US dollar.

Paul, Coventry,

The biggest winner in increasing petrol prices is the taxman. I understand that 80% of the price at pumps is tax and for every 1p on the price of petrol the taxman adds 4p. Is that really correct? If so no wonder Gordon Brown is silent on the subject but itsnt it time they fix the tax take? Why should they (Govt) exaggerate our pain in this way?

Gavin, london, uk

It's time Brown and Co paid for their petrol and heating oil from their own pockets

Then they too would they be in the real world

Colin

colin ling, colchester,

If all you wingeing motorists are fed up with the price of fuel why dont you start to buy smaller cars and drive them at lower speeds?

Clive Stringer, Eggesford, Devon

Soon it will double the second-hand value of a 10 year old car if it has a full tank of petrol.The contents in the tank will be worth more than some cars and you will have to declare what the fuel guage read after it has been nicked.

stephen hulton, eure, france

Please, will some expert pundit tell us:

WHY IN THE UK IS DEISEL MORE COSTLY THAN PETROL, WHEN IT IS CHEAPER TO REFINE?

Why?

Janice, Witney, UK

Speculators high-jacked this market, in fact they even lie to drive up the prices. When they've destroyed the world economy, and made lots of money, they'll have nothing to spend it on. Have a nice day.

G Reid, Oshawa Ontario, Canada

Gold price is falling so rapidly even though the banking crisis is yet to find its depth. Does it mean the price of oil too will fall dramatically since it seems to be overinvested? Isn't it too unusual for the price to more than double in such a short period of time? Something else is driving it bcoz demand has only increased in single digit margins over a corresponding period. I am just a layman posting my observation.

Jagadish, Bromley, UK

wake up people...and Brown/ Darling in particular, in case you didn't know there are 4.54 litres per gallon. Still have your attention?
My local sainsbury's charges £115.9 per litre for diesel. That's £5.23 per gallon.

THE £5 GALLON IS ALREADY HERE. WAKE UP!!!!!!

Phil, Rugby, England (not state)

Why would OPEC increase production - they are selling a product of finite quantity, the world needs it and will pay whatever it takes.

The only calculation for OPEC is, when does oil become so expensive that it becomes cheaper for the US to invade and take control.

Rob, Bradford,

Just to bring the picture from other places in Europe as well...
Here in Greece where salaries are 3 times less than UK and cost of living in Athens tends to become one of the highest in Europe the prices are 1.15 Euros (0.95 GBP) / Litre for Petrol and 0.78 Euros (0.62 GBP) / Litre for Heating oil....
These prices have been greatly increased since last year...so I guess this overall oil increase will affect all of us. I believe it is high time the people responsible for all these did something.

Alexkara, Athens,

I've never paid for fuel in gallons (even when buying petrol in Canada or New Zealand) so no idea what you're all talking about.

Luke, London, UK

We are at, or very close to, Peak Oil. Russian oil exports are in decline as are Saudi Arabia's, Mexico's, Iran's, Kuwait's etc. The UK's North Sea production is declining by 9% per year and the UK is, once more, an oil importing nation. Meanwhile, the Chinese work very hard and want to have our standard of living.

In view of the above, why are any of you surprised about the price of oil rising. In the not too distant future, the price of oil being much less than bottled mineral water will seem like fantasy!

Adjust to reality Mssrs. Brown / Blair / Bush

Alfred, Isle of Wight, UK

Gordon is apparently concerned about the financial pressure on families. If this were true then he would cut the tax on fuel as the easy way to help, but he won't because he really isn't.

David Thijm, Storubridge, UK

The strategy to reduce interest rates is causing the pound to fall, including falling against the dollar ,which is itself falling against other currencies. This has the effect of amplifying the increased dollar price of oil.
This will eventually affect the price of everythig irrespective of what the official figures say.
Given that economists and the media seem determined to encourage lower interest rates the result will be ever increasing prices - a downward spiral

James, NI, UK

To be more precise, in our village, Bellingham UK Northumberland it is already £5.76/UK Gallon, (or £5.58/US Dry Gallon) or maybe and that could be the remark perhaps the article is referring to, a staggering £4.80/US Liquid Gallon. Anyway I've never seen UK so relaxed in accepting £1.27/liter. When I arrived in the UK in the early '90s, trucks barricaded highways and I couldn't get home when the price approached £0.89/liter. Now?
Okay, we did accept (a society crippling) making 2.5 times house-price; as a result, just wait and the bread and patrol will be 2.5 times higher. Pity our wages (and a lot of other countries) aren't following it (yet).

gerard van der veen, west woodburn, United Kingdom

It's not only road fuel that is expensive, I've just had to order 2000 ltrs of heating oil at 53.5p/ltr. Its getting to a point where we cannot heat our home properly due to the hyped up prices, oil wars and global warming myth. Come on Government sort it out.

Gerry Andrews, Devon, UK

Diesel is at £1.20 per litre at most garages at the moment. This time last year it would take £44.00 to fill the car now it takes over £65.00 roughly a 30% increase and that's just for a VW Golf !

Politicians have absolutely no idea what it is like in the real world, forget expense accounts, they should have to pay their way just like the rest of us poor fools !

Derek Conway , Worcester, UK

For those of us who have to use super unleaded, due to having a turbocharged car, it's been over £5 a gallon for a long time. I've paid £1.19 at a motorway service station already. But at the end of the day most of that price is Gordon Brown's tax. That's the thing that needs fixing.

D Harrison, Liverpool,

A year ago, diesel was around 3p/litre more expensive than petrol. Now the difference is closer to 10p/litre.

Anyone know why?

Jon Darrington, Leeds,

Where are all those lunatics that want to stop bio-fuels and keep relying on oil? Face it dudes, we're damned if we do and we're damned if we don't: Either we produce bio-fuels and the demand drives food-prices up or else we don't produce bio-fuels and oil prices will cost-push food prices up.

Rui, Lisbon, Portugal

What do you mean "looming"? It is already over £5 for a gallon of diesel up here in Scotland.

Nobby Clark, Perth,