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14TB

YKS club member
"fuel rip off" 11:38pm Wednesday 1st Nov


joined: 6th Mar 10
last here: 7:55am Yesterday
posts: 7884
from: SOUTH YORKS

The continued fuel rip off, should we avoid supermarket petrol stations?

Rac revealed the average price of unleaded petrol to consumers was around 155.33p per litre, wildly above the wholesale fee of just 113p.

The RAC says this would give retailers a margin of around 16p per litre before VAT is applied.

These numbers would be massively higher than the long-term average of around 7p per litre.

RAC chiefs also warn that diesel costs were around 4p per litre too expensive in a major blow to motorists.

Over the summer, the CMA found that the big four supermarkets had overcharged drivers by 6p a litre in 2022, costing road users around £900million. Simon Williams, RAC fuel spokesman said Britons were being "ripped off" at the fuel pumps.

He explained: "We badly need the Government to set up the price monitoring body recommended by the CMA and for it to carry powers to take action against big retailers that don't reflect downward movements in the wholesale market such as we've been experiencing in the last six weeks.

"We have informed the Treasury that its 5p duty cut isn't helping drivers as intended and we're now calling on the big four supermarkets, which lead the retail market by virtue of the fact they sell around half of all the fuel bought by drivers, to explain their steadfast refusal to cut prices to fairer levels."


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Gibbon

YKS club member
"RE: fuel rip off" 11:19am Tuesday 14th Nov


joined: 10th May 11
last here: 3:36pm Tuesday 9th Apr
posts: 567
from: Wakefield

As it says on TV this is ripoff Britain.

Absolutely disgusting.


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