Neilo09
Member
- Joined
- 24 Jun 2012
- Messages
- 51
I was just curious how heritage railways are going to cope if fuel becomes a problem, Are they normally well stocked ?
If oil-based fuel stocks do become a serious problem than I suspect heritage railways will be fairly low down the priority list for supplies.
As none of our oil comes from the Gulf, then supply won't be a problem for the UK. It's the cost that will become an issue.If oil-based fuel stocks do become a serious problem than I suspect heritage railways will be fairly low down the priority list for supplies.
I must admit it is something that is forming in the back of my mind as I have a few trips planned in the next few months to Cornwall / Devon / Wales - i can cope with it being expensive to a point but rationing schemes and big queues on forecourts whilst people panic buy is a different matter.Surely if fuel becomes such an issue the bigger problem will be people getting to the railway!
As none of our oil comes from the Gulf, then supply won't be a problem for the UK. It's the cost that will become an issue.
The other solution would be to reduce VAT and fuel duty. Some commentators have pointed out that whilst the base price of oil rises the government receives added revenue from VAT and fuel duty. Apparently quite a few countries are now reported to have reduced VAT on fuel to keep prices down. Given the UK government keep stating they want to keep inflation down perhaps such a move to cut VAT say to 5% might make sense even if those who are obsessed with using tax and duty to reach net zero goals might be a bit unhappy.I read yesterday, though forget where, that none of our petrol does, but some of the diesel (refined in Europe and imported) does come from the Gulf. So there may be diesel shortages (though not down to zero) but should not be petrol shortages. This is quite inconvenient for more things than just preserved railways of course. The price will however certainly go up, I think we'll be looking at prices similar to the early-2020s spike, namely around £2/litre, though inflation means that's less of a hit than it was then (well, a bit).
I don't know how easy it would be to switch our domestic refineries from petrol to diesel, though?
Yes if the present issues with supplies from the Middle East are not resolved in the next couple of days it’s highly likely that there will be a shortage of diesel next month. Whilst the UK has sufficient refining capacity to manufacture all of its petrol requirement - in fact we are in a position to actually export some refined petroleum, the UK is reliant on imports for refined diesel and aviation fuel.I read yesterday, though forget where, that none of our petrol does, but some of the diesel (refined in Europe and imported) does come from the Gulf. So there may be diesel shortages (though not down to zero) but should not be petrol shortages. This is quite inconvenient for more things than just preserved railways of course. The price will however certainly go up, I think we'll be looking at prices similar to the early-2020s spike, namely around £2/litre, though inflation means that's less of a hit than it was then (well, a bit).
I don't know how easy it would be to switch our domestic refineries from petrol to diesel, though?
Fuel duty is a fixed amount per litre, no additional revenue is being gained there.The other solution would be to reduce VAT and fuel duty. Some commentators have pointed out that whilst the base price of oil rises the government receives added revenue from VAT and fuel duty. Apparently quite a few countries are now reported to have reduced VAT on fuel to keep prices down. Given the UK government keep stating they want to keep inflation down perhaps such a move to cut VAT say to 5% might make sense even if those who are obsessed with using tax and duty to reach net zero goals might be a bit unhappy.
5% would put in in line with that charged on domestic fuel if we had a rate of 5% VAT on all fuels things could be smoothed out by transferring it to general taxation. The money would still be coming in from duty.A cut to 5% VAT seems a bit drastic (and that revenue will have to be made up elsewhere)
I think that would depend on the engines you were trying to run them in, but I would expect most of them would run with some grumbling and adjustment. I'm not entirely convinced, however, that something as highly strung as a Deltic engine would appreciate a different fuel.Can heritage diesels run on HVO ?
which is about 80p/litre. (US dollar is about 75p, 3.78 litres in a US gallon)Our fuel is well over taxed anyway. I noticed report the other day people in the US were complaining that their fuel has gone over $4 a gallon!