Pakistan govt tax on oil is more than subsidy

" The Pakistan government has worked out a subsidy of Rs85 billion after this month’s change in petroleum prices, which is much less than what it is earning by slapping sales tax and petroleum development levy, official sources revealed Thursday. Sources in the petroleum...

Munich Mayor gets case of beermouth

Sometimes it is better for people to think you'r an idiot rather than open your mouth and prove it.  "Last week Beckstein backed off an assertion that some people can drive safely after downing two litres of...

Gas Prices Jumps up to 13 Cents per Litre in Some Markets

News like this makes me glad I don't drive and live in a city with decent public transportation. Gas is up again, this time as much as 13 cents per litre in Canada and the US. That means a mid-sized car could cost...

Biofuels company ditches NZ

    Leading United Kingdom biofuel producer Argent Energy is shelving plans to invest more than $100 million in New Zealand. " Dickon Posnett, managing director of Argent Energy's NZ subsidiary, says New Zealand's proposed legislation in the Biofuels Bill makes...

India: Inflation touches new high of 11.91%

" NEW DELHI: The annual inflation rate climbed to 11.91 per cent for the first time in more than 13 years in early July, driven by higher costs of commodities and strong demand in the economy. This is a quarter per cent jump week on week. ( Watch ) The fuel, power and...

Government relents and scraps fuel duty rise

The UK government has cancelled a planned 2p rise in fuel tax in light of the ever increasing petrol prices. However the timing to the decision, coming as it does shortly before the very important by-election in Glasgow East, has being deemed suspicious. Gordon Brown may be...

New Math: 2.3¢ carbon tax now means 10 ¢ a litre at Gas Stations.

OpinionBarry Artiste, Now Public ContributorFollowing British Columbians accepting that  $100.00  carbon tax cheque from our Provincial government, today we will have cheque cashers remorse now that ...

Gas prices skyrocket overnight across Canada

Welcome to Reality!"Gas prices skyrocket overnight across CanadaCanwest News ServicePublished: Saturday, June 07, 2008Gas prices across the country shot up as much as six cents on Saturday morning as the cost...

Violent Fuel Protests in Brussels

Dozens of angry fishermen were arrested in Brussels after scuffles and violence broke out during a protest against rising fuel prices.The fishermen, mostly from France and Italy, occupied the European Commission's headquarters and fired flares at police, who then charged...

UK diesel 'most costly after tax'

"UK diesel prices are the cheapest in western Europe before tax is added, Government figures revealed.But once taxes are imposed on the fuel, the average price at the pump is higher than any other European Union...

Indonesian Government Officially Raise The Price..

Indonesian government finally announced that fuel price will be raised on 00.00 May 24th.. This official announcement held on May 23th 21.00 Wib (GMT+7) in Jakarta..Peoples took benefit on the May 23th night to...

B.C. introduces carbon tax

British Columbia 's Liberal Government introducing a Carbon Tax has Citizens fuming over what is seen as a Massive Tax Grab, contrary to what Politicans say to the media.  Past and present Polls shows an...

Jaguar XF rolls off factory line

"The first of the new Jaguar XF models has been rolling off the production line. The car maker is currently up for sale and it is hoped the new model, which replaces the S-Type, will help secure the future of...

US$7.65 a Gallon for Gasoline

I am frankly tired of hearing complaining Americans moaning about the price of gasoline. What do you pay? $3...maybe at most $4 dollars a gallon. How about $7.65 a gallon? Now that is expensive. That is what...

Brazil On Collision Course: Ethanol & Environment :: Oblate Spheroid

"Ethanol production, "the renewable fuel resource", requires fiber (lots of fiber) and water (lots of water) to become the bio-replacement fuel of the future. If Brazil has its way, it plans to expand its capacity...

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