Fuel is funny stuff

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If I spoke to you in 1986 and complained about the price of fuel, and could have told you that in just over 20 years you would be paying nearly £6 for a gallon of the stuff, you would have laughed at me.

But that is exactly what has happened, as we all know to our cost.

On August 26, 1986, petrol increased overnight by 5p, which took it to the unheard of price of £1.69 a gallon. In today’s money about 37p a litre.

As I said at the start, I am not talking about umpteen years ago. This was only 26 years ago.

How we ever got into this ridiculous situation I do not know but at £6 a gallon, and VAT taking a fifth of that, it must be costing the industry a whole lot of heartache and soul searching.