When will the politicos & national media take this seriously. Oil companies & Fuel Wholesalers continue to fleece motorists
2020-05-01
Updated for petrol and diesel prices at April 30th 2020
Greedy Oil Companies Continue to Keep Pump Prices High Behind CO-VID 19 Crisis
2020-04-23
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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
2020-04-01
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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
2020-03-30
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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?
2020-03-24
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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?
2020-03-21
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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
Pump Prices must drop 16p to match the fall in Oil prices
2020-03-10
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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?
2020-03-02
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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