Isomatic UK Weblog

We have a surge of e-mail messages asking for support for action against rising fuel prices. I would just like to say that low prices have restricted surveying for new sources of crude oil. The fleets of seismic survey vessels have been idle at the dock side, wasting millions of pounds. This is not good for the world's future. We are now seeing some activity from our position as suppliers to that business.

Also many rural petrol stations are closing because the profit margins are so low. This is a problem for those people in the most need, those for whom there is no alternative form of transport.

Conversely, the high tax on road fuel is dragging our economy down. I believe the government should compensate by ending the wasteful, inefficient, ineffective, vehicle excise duty.

Labels: Transport