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Why does oil cost so much in the UK?

To: mgs@autox.team.net
Subject: Why does oil cost so much in the UK?
From: "Simon Matthews" <simon_atwork@hotmail.com>
Date: Fri, 01 Sep 2000 17:26:55 GMT
This question is interesting to me because we know why gasoline/petrol costs 
so much in the UK -- it is the tax that is applied. The world price of crude 
is pretty constant, and I believe the pre-tax price of gas/petrol is not too 
far different between the UK and the US.

Yet, I don't think engine oil is subject to such a tax, so why the 3x (or 
even up to 6x) difference in price?

Simon
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