Fuel Supply Chain Business Boasts of Increased Petrol Profits During Lock-down
Updated May 14th Whilst the UK is in anguish and economic decline due to the unforeseen COVID19 tragedy, the Government has reacted laudably with various financial means to help businesses, employers, and employees. Yet the unchecked big oil brands and their fuel supply chain wholesalers have deliberately profiteered during the crisis. The evidence is incriminatory but ignored by the CMA and the Government too. The magnitude of the profiteering is on a scale that commands independent investigation. Here are the facts: In the 3 months between December 2019 to February 2020 average pump prices against average wholesale prices including allRead Whole Article
Great news that Morrisons cut petrol to below £1 BUT across UK Fuel Supply Companies are STILL NOT giving you honest pump prices
Here are the shocking statistics that still prove the fuel supply is deliberately profiteering, and even worse during #COVID19 lockdown. In this worrying time for all of us. wholesale petrol fell 21%, yet pump prices dropped on average just 9%. Diesel wholesale dropped 17% with filling up costs dropping by only 9%. And its not the independent garages fault either, they are being bullied by wholesalers and the big oil companies who are charging them sky high prices to their bulk deliveries. Average retail and wholesale Fuel Prices for the 3 months of Dec/Jan/Feb compared to the period of Corona-virusRead Whole Article
Ask your MP to make the Chancellor help our essential truckers and van drivers during COVID19
Firstly, on behalf of Quentin and myself, we hope you are keeping healthy and safe. In this stressful time for every one of us, it is right we thank and applaud our NHS workers. They are indeed, truly risking their own health every day to make sure the rest of us are safe and recover from this hideous virus. But there is a group of indispensable workers who are being taken too much for granted. And sadly, many of these businesses will go under during and beyond this crisis, unless the Government helps them to survive. That is why weRead Whole Article
When will the politicos & national media take this seriously. Oil companies & Fuel Wholesalers continue to fleece motorists
Updated for petrol and diesel prices at April 30th 2020
Greedy Oil Companies Continue to Keep Pump Prices High Behind CO-VID 19 Crisis
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
FairFuelUK has written to the Competition and Markets Authority today, calling for a full investigation into the fuel price profiteering during a time of crisis
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
Ministers face furious demands to step in to stop greedy oil firms profiteering from the coronavirus crisis after oil became cheaper than bottled water
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
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