Tag Archives: pump prices


Tuesday, September 20, 2016
In the last month as the Brent oil price in Sterling has fallen 9.5% or £3.67 per barrel, wholesale diesel fell only 1.8% with petrol, in complete contrast, rising bewilderingly by 1.6%. We are reliably told that the average independent garage should reflect oil and wholesale price changes in just 7 days. True to type, in reality this continues not to be the case. With such significant falls in oil seen since 18th August, pump prices for diesel have instead been hiked by 1.89p and petrol by 1.71p per litre.
 
Data supplied from RAC Foundation ...

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Saturday, July 2, 2016

FairFuelUK challenges fuel retailers following the EU Referendum result not to unscrupulously hike fuel prices more than is fair, using wheeler-dealer exchange rate and oil price speculation as misleading smokescreens to fleece 37m UK drivers at the pumps. 

Quentin Willson, TV Motoring Journalist and Lead Campaigner for FairFuelUK said: ‘We’ve done the maths* and crunched the numbers. Any rise above 3p a litre to reflect currency movements is just post-Brexit opportunism. If it transpires that the oil industry is trying to deliberately profit from the UK's current political and economic upheaval they should hang their collective heads in shame. This is how recessions begin.” 



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Monday, April 11, 2016

Since mid-March the price of wholesale diesel has averaged 4 pence per litre less than petrol1 and yet over the same period the retail price between the two fuels has remained the same2. In fact, thousands of garages are selling diesel at more than the price of petrol despite diesel’s persistent lower wholesale price. 


 

Here is a selection of garages around Tunbridge Wells in Kent and their pump prices photographed on April 9th. Based on wholesale prices their retail profit margins range from 4-6p for petrol and 10-12p for diesel. 

 

 

 

Even high fuel volume turnover retail outlets, it seems, do not pass on the lower wholesale diesel prices to ...


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Thursday, December 10, 2015
We are entering a period of supermarket pump pricing war that will be eagerly welcomed by 37m UK drivers. In fact, if it were not for these big 4 fuel retailers, prices on the smaller independent forecourts would probably be even higher than they are now.

At the FairFuelUK APPG pump pricing inquiry held this week in Westminster, the Petrol Retailers Association admitted to MPs that supermarkets are definitely driving down pump prices and so their 6000 members have no choice to reluctantly follow.

But with wholesale diesel at lows of 96p and petrol 97p there is absolutely no excuse for seeing the ...

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Sunday, December 6, 2015
Oil Companies are the only business group to snub MPs APPG and so avoid explaining their role in how prices are set at the pumps. Why is that? Read on....

On Tuesday December 8th in Westminster and initiated by the FairFuelUK Campaign, MPs across all Parties, from the APPG for Fair Fuel for Motorists and Hauliers, will be putting pertinent questions to those businesses involved in the vehicle fuel supply chain regarding pump pricing.

This is an informal inquiry for MPs / APPG to understand in more depth how prices at the pumps are calculated and changed in relation to market influences and commercial decisions. The millions ...

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