The Evidence is damning, the Fuel Supply Chain is Fleecing Motorists in the Nation’s Time of Crisis – Why isn’t the Media Jumping all Over this?
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
Is the Corona virus the perfect smokescreen for the greedy fuel supply chain to fleece drivers even more than usual?
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
Fuel Supply Chain Continue to Exploit 37m Drivers in a Time of Health Crisis
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
15 pence per litre of Wholesale falls being held back from drivers despite 50% drop in the Oil Price.
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
Pump Prices must drop 16p to match the fall in Oil prices
With Budget 2020 upon us on March 11, it’s clear the Fledgling Chancellor has his hands full with the financial hit caused by Corona Virus and the macho oil supply spat between Russia and Saudi Arabia. He has to be cognisant that this week’s oil price crash is not benefitting drivers as yet. On the day oil fell 35% since March 3, and wholesale fuel prices dropped by 7 to 8 pence bizarrely average pump prices went up between 0.4p and 0.9p per litre. An even more shockingly, when oil was at this sterling level in March 2016, pump prices wereRead Whole Article
The world’s highest taxed and most demonised drivers continue to get exploited by greedy unchecked fuel supply chain. How much more can they take?
The world’s highest taxed, most demonised drivers continue to get exploited by greedy unchecked fuel supply chain. Wholesale falls are held back by selfish businesses. The chronic trend goes unmonitored by the Government. Time for the Government to introduce PumpWatch. Wholesale diesel since 30/12/19 down 7% yet pump prices down just 2% (Retail profit up 59%) Wholesale petrol since 30/12/19 down 4% yet pump prices down just 1% (Retail profit up 25%) Oil in £ since 30/12/19 down 14% In the last 8 weeks £334m of wholesale falls have not been passed onto drivers. That’s nearly £6m per day. Retailer profitRead Whole Article
Reasons why the Government must create an Independent Pump Pricing monitoring Watchdog called ‘PumpWatch’
The Westminster APPG for Fair Fuel for UK Motorists and UK Hauliers is supporting 37m UK Drivers and calls for the introduction of an Independent Pump Price Monitoring Body. Notionally calling this proposed consumer watchdog ‘PumpWatch’, the APPG are supported a Government ePetition initiated by FairFuelUK launched in the week of 17th December 2018, to that effect. In October 2018 alone for example, nearly £500,000,000 was held back from consumers at the pumps despite the fall of wholesale fuel prices. The perpetual fleecing of 37m UK drivers goes unchecked by a Government afraid to take on the oil companies and forego theRead Whole Article