Fuel oil priced at $50 a litre will be a reality in my lifetime.
This year's increase in fuel duties has been delayed until October, but above-inflation rises of 2p a litre and 1.8p a litre will be introduced in 2008 and 2009.
Next year's planned fuel duty rise of 2p per litre will be cancelled said the chancellor, who reckoned petrol would then be 20p per litre less than it would have been under the past government.
"We have been careful to make sure it will be big beer factories that are affected, not small ones". Simon Spillane, a senior adviser for the Brewers of Europe organisation, says the added cost to a half-litre will be more like 30 euro cents, and comes at a tough time for brewers.
Thus a concentration of 3 grams per litre will be about the same as 4.5 millimhos/cm.
And at $17 for two litres there will be plenty to go round.
Instead of petrol taxes going up by 2p a litre, they will be frozen.
Here is a (long) excerpt: Here's how I made that estimate: The fuel duty reductions mean that instead of 68 pence per litre, the duty will be 55 pence per litre in 2014-15 (chart 2.1).
