Unite joint general secretary Tony Woodley called the profits "obscene", adding: "Greedy oil companies should be asked to contribute for the common good." The AA said some of the windfall profits should be used to improve conditions for the motorist.
Providing the motorist with the fuel to power her car isn\’t enough?
Mr Van der Veer pointed out UK Treasury taxes account for well over 50pc of the price of petrol at the pump, and that the vast bulk of the Anglo-Dutch company\’s profits were made outside Britain. Most of its earnings come from exploration and production, not from UK petrol sales.
But they are paying tax on those profits made elsewhere. Some $18 billion indeed. That\’s enough isn\’t it?