Oil, Wholesale, Pump Prices Updated for April 22 Greedy oil corporations are not only failing to pass on the massive wholesale falls in petrol and diesel to UK logistics businesses, essential workers and those who have to drive, they are also failing to help small independent garages they supply to get through this crisis. Financially stretched small independent fuel forecourts have contacted FairFuelUK saying, they might not be able to cover their operational expenses due to low fuel sales and could be forced to close for good. Many are already going down and they need monetary help now from their fuelRead Whole Article

March has been the period of Corona-virus Govt strict instructions. Yet the Fuel Supply Chain has held back 17.6p (petrol) and 9.1p (diesel) per litre of wholesale falls from the pumps This means the fuel supply chain has profited by over £400m during March or £15m per day or an estimated £12.50 per driver in March Please note, it is not the small independent retailers benefiting from the crash in wholesale prices. Many are closing and may go bust.  Greedy Oil companies and further up the fuel supply chain businesses have not passed on these falls to forecourts. The onlyRead Whole Article

The price of crude oil dropped to an 18-year low of less than $23 per barrel – equivalent to 12p per litre, cheaper than the 12.5p price of bottled water at Sainsbury’s. “Now in a time of national emergency, when every family, worker, NHS professional, deliver driver, small and medium size business worry daily about their health and financial security, the big oil companies should step up to the plate. They must help the Government cut the cost or living and pass on quickly the fall in international oil prices to drivers.  When the Coronavirus is over, those who helpedRead Whole Article

On behalf of 1.7m supporters, we welcome a significant fall in pump prices in a time of crisis by the  supermarkets, but opportunistic profiteering remains rife in the rest of the fuel supply chain. The Government must act now, to stop these faceless unchecked businesses’ palpable use of the Corona Virus Crisis mercilessly used to fleece drivers, and implement PumpWatch now. Fantastic news for drivers, supermarkets, at last, slashing pump prices. Asda and Morrisons supermarkets have knocked 12p-a-litre off unleaded and 8p-a-litre off diesel, in what’s believed to be the largest ever single price cut of this size. This welcomeRead Whole Article

Since Christmas: Fuel supply chain businesses have increased their profit from drivers when they fill up, by 259% for petrol and 201% for diesel. The Government must act to help hard pressed drivers, who are now being advised not to use public transport and put PumpWatch into action. “In an extraordinary time where we all must adhere to Government advice to reduce risks to our health, the immoral fuel supply chain have been ripping off drivers to the tune of £23.8m per day. Since Christmas these opportunists have hidden behind a global crisis to fill their already fat wallets, byRead Whole Article

It has to stop, and it has to stop now! The fuel supply chain is deliberately not passing on the huge oil price crash values and wholesale price falls to retailers at the pumps. “Wholesale prices of diesel and petrol have plummeted. Pump prices have not followed suit anywhere near. The gap is growing by the day. It is more than shocking that in this time of an unprecedented health crisis, there are businesses deliberately holding back beneficial prices at the pumps. The unscrupulous fuel supply chain must be held to account, with an independent PumpWatch price monitoring watchdog being putRead Whole Article

Corona virus Crisis may be being used as an excuse to fleece motorists at the pumps Since Christmas to March 13th: Oil has fallen by 89% in Sterling Fuel supply chain businesses have increased profit from drivers when they fill up, by 242% for petrol and 175% for diesel. Wholesale petrol has fallen 24% yet retail has only fallen 1% Wholesale diesel has fallen 19% yet retail has only fallen 3% Since Christmas, the Average family car is paying £8.25 more to fill up their tank than necessary. Since March 3rd to March 13th: Oil has fallen by 50% in SterlingRead Whole Article

The RHA calls on the Government to address the following: Immediate cash-flow injections Enforced payment holidays with leasing companies, banks and fuel suppliers Measures to protect employees’ wages Deferment of VAT, income tax, business rates and corporation tax Road fund licence reductions Deferment of the implementation of clean air zones rules by at least six months Deferment of the Direct Vision Standard in London by at least six months Relaxing lorry tolls on the M6 and others Suspension of the London Lorry Control Scheme and Low Emission Zone charges Fuel duty reductions for essential users including hauliers The ability toRead Whole Article

Our rookie Chancellor has listened to common sense and frozen Fuel Duty for an unparalleled 10th consecutive Budget since George Osborne’s instinctive one penny cut in 2011. Rishi is hailed with a huge sigh of relief, by our 1.7m supporters, motorists, motorcyclists, van drivers and the commercial heartbeat of our economy, hauliers. His decision has been pressured by the ‘keep duty frozen’ letters, orchestrated by the indefatigable Robert Halfon MP and Esther McVey MP signed in total by 53 backbench Tory MPs. Our research showed that 2 out of 3 Tory voters in the red wall seats would take backRead Whole Article