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, by not passing over 20p per litre of wholesale falls and reduce what we are currently paying at the pumps. The perennial cheating of the world’s highest taxed motorists, every time oil prices change, must be scrutinised by an independent PumpWatch body. It borders on criminal behaviour that Coronavirus is the smokescreen for these faceless businesses, to fleece UK’s 37m motorists. The Government must act now, to stop this chronic consumer abuse once and for all.”Howard Cox, Founder of the FairFuelUK Campaign
Oil, Wholesale and Pump Prices Update – Since Christmas,
- Oil has fallen by 56% in Sterling
- Wholesale petrol has fallen 28% yet retail has only fallen 3%
- Wholesale diesel has fallen 23% yet retail has only fallen 5%
- Since Christmas, the Average family car using petrol is paying £11 more to fill up their tank than necessary.
- Since Christmas, the Average family car using diesel is paying £8.25 more to fill up their tank than necessary.