RAC spokesman on BBC News said on average they’ve been charging 10p a litre more than they should. Prices dropped by 2p a litre in December when the price of oil dropped, but it should’ve been 12p a litre. Retailers claiming market still competitive, no shirt Sherlock. Now prices are increasing again I suppose we can expect further increases. RAC spokesman says we need an independent watchdog body, good luck with that, with a govt. that’s happy to see a ‘rip off Britain’ culture.
You're right but as far as I'm aware the petrol companies have always used this tactic to rip people off. Doesn't make it right of course. Just saying.
I’m aware that they’ve always delayed lowering the forecourt prices when Oil prices have dropped claiming they have not yet sold the ‘Old stock’ Also, the immediate increase at the forecourt when oil prices have risen claiming they were low on ‘old stock’. However, in these days of unprecedented domestic fuel increases and all the other price increases, some govt intervention wouldn’t go amiss here. I’ll not hold my breath though.
Considering we now have a government who are going to "ride out" the pandemic, I can't see them getting involved in fuel prices. In fact, I'd much rather see them get involved in gas/electricity prices before the cap is lifted.
Yesterday saw a Tory supporting commentator/journalist blaming Labour for the introduction of the "cap" on electricity pricing that is causing so many companies to go bust - a policy that was introduced by the very Labour PM Theresa May in 2017...
It's time politicians were heavily fined for spreading lies and misinformation. Apologies and retractions are all well and good (not that I ever see any), but once a thing has been said then it's out there, being spread and believed by God knows how many people.
only a matter of time before energy companies switch their attentions to electricity, and start gouging ev charging as well. expect 'allows us to invest in better ev infrastructure' for the next 30 years
What, retailers not following wholesale price falls? You'll be telling me next that mortgage lenders don't follow the base rate when it goes down like they do when it goes up.....
this government won't do a thing about petrol/ diesel prices, especially when they are raking in around 80% of what we pay for fuel is TAX...
