Corona Virus Crisis Being Used as Excuse to Fleece UK Drivers
Coronavirus Crisis may be being used as an excuse to fleece motorists at the pumps15 pence per litre of Wholesale falls being held back from drivers despite 50% drop in the Oil Price.Since Christmas to March 13th:
Data Analysis: https://www.fairfueluk.com/CoronaVirusPumpPrices.pngData Source: FairFuelUK PumpWatch, Portland Analytics, RAC Foundation
- Oil has fallen by 89% in Sterling
- Fuel supply chain businesses have increased profit from drivers when they fill up, by 242% for petrol and 175% for diesel.
- Wholesale petrol has fallen 24% yet retail has only fallen 1%
- Wholesale diesel has fallen 19% yet retail has only fallen 3%
- Since Christmas, the Average family car is paying £8.25 more to fill up their tank than necessary.
- Oil has fallen by 50% in Sterling
- Fuel supply chain businesses have increased profit from drivers when they fill up, by 95% for petrol and 69% for diesel.
- Wholesale petrol has fallen 15% yet retail has not changed
- Wholesale diesel has fallen 8% yet retail risen by 1%
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