The power struggle: fuel price soars, oil firms' profits leap, home bills climb


	The power struggle: fuel price soars, oil firms' profits leap, home bills climb

JICWyllie

4-30-2008 9:13 AM

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tags:

economy, consumers, i-expenses, i-increase, i-record

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/366f4491-3cc1-416e-bac2-a90b93475e6a/5E5AD04B-592C-439E-8D68-B1CF3E63849F/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.independent.co.uk/news/business/news/the-power-struggle-fuel-price-soars-oil-firms-profits-leap-home-bills-climb-818046.html" href="http://www.independent.co.uk/news/business/news/the-power-struggle-fuel-price-soars-oil-firms-profits-leap-home-bills-climb-818046.html" style="font-size: 11px;">www.independent.co.uk</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.independent.co.uk/news/business/news/the-power-struggle-fuel-price-soars-oil-firms-profits-leap-home-bills-climb-818046.html">Industry analysts expect all energy bills to rise by another 20 to 25 per cent by next spring, pushing another one million Britons into fuel poverty.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.independent.co.uk/news/business/news/the-power-struggle-fuel-price-soars-oil-firms-profits-leap-home-bills-climb-818046.html">Gordon Brown called on the oil companies to invest more in increasing production in the North Sea.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.independent.co.uk/news/business/news/the-power-struggle-fuel-price-soars-oil-firms-profits-leap-home-bills-climb-818046.html">Motoring lobbyists estimate the Treasury is making an extra £123m a month more than it was a year ago in VAT on fuel sales. </blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/5E5AD04B-592C-439E-8D68-B1CF3E63849F/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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