Fuel Supply Chain Rip-Off

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

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