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Where will UK Fuel prices go in the future?

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Where will UK Fuel prices go in the future?

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up and up they’l never go back to prices of a couple of years ago we are running out of oil there was a programme on the other night about this and an ex oil company(bp) director said theres enough oil for the rate of consumption at present (which is constantly getting bigger ) for thirty to forty years max oil will be gone so in the next forty years we’v gotta come up with a a replacement fuel so all cars trucks, vans ,farm machinery , boats ,ships machinery in factories the world over everything which relies on oil or petrol to run needs to be completly changed to something else and they’ve been trying to get cars to run on different fuels for twenty to thirty years with no real success (electric cars at the moment are useless really big charge needed for too short periods then counter in the amount of electricity needed to charge them )so how there going to manage moving trucks all around the world to deliver food to shops and farm machinery to cultivate the crops when they haven’t

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There isn’t a fuel shortage so it will be unlikely to hit £2 a litre unless people are willing to pay that much for it. Of course supply circumstances could mean that prices could be pushed to that level regardless of demand, but I would think the British government would step in beforehand. With regards to supply level, this is my thoughts. The reason it is already high in $ per barrel (currently at $78 a barrel from $25(?) in early 2009, and we’re still in recession) is because of the inflation that the US is creating which is pushing up prices in its own currency. Due to this, it pushes up prices worldwide due to the dollar being the currency traded with oil. It does not also help that inflation is a worldwide thing being undertaken in all countries, but perhaps in my opinion, is strongest in the US. (I use inflation as some kind of policy, but it is merely a term I prefer to use with regards to the many policies that governments seem to

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