Damning Evidence - Fuel Supply Chain Deliberately Fleecing Drivers Behind a Crisis
UK / AGILITYPR.NEWS / March 24, 2020 / Latest update: The Evidence is damning, the Fuel Supply Chain IS definitely Fleecing Motorists in our Nation’s Time of Crisis
Please can the media cover this issue: FairFuelUK Supporters are livid, the massive fall in oil and wholesale fuel prices are not being passed on UK drivers at the pumps.
The greedy oil companies and their kindred wholesalers are still failing to pass on the recent fall in oil prices to reflect the real cost of filling up.
Average Pump Prices should now be for:
- Petrol £1.00 per litre instead of currently £1.20
- Diesel should be £1.10 per litre not £1.23
Oil, Wholesale and Pump Prices Update – Since Christmas,
- Oil has fallen by 57% in Sterling
- Wholesale petrol has fallen 22% yet retail has only fallen 3%
- Wholesale diesel has fallen 18% yet retail has only fallen 5%
- Profit pence per litre for petrol has increased 360% and Diesel 286%
- Since Christmas, the Average family car using petrol is paying £11 more to fill up their tank than necessary.
- Since Christmas, the Average family car using diesel is paying £8.25 more to fill up their tank than necessary.
“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, by not passing on average, 20p per litre to what we currently pay at the pumps. The perennial cheating of the world’s highest taxed motorists, every time oil prices change, must be scrutinised by an independent PumpWatch body. It borders on criminal behaviour that Coronavirus is the smokescreen for these faceless businesses, to fleece UK’s 37m motorists. The Government must act now, to stop this chronic consumer abuse once and for all.” Howard Cox, Founder of the FairFuelUK Campaign
Background Data
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Data sources. FairFuelUK PumpWatch Survey, Portland Analystics, RAC Foundation, PetrolPrices.com.
About Us
FairFuelUK is a public affairs team with no shareholders to satisfy, just an award-winning campaign representing the real concerns of hard-working motorists, families, small businesses, commercial drivers and hauliers across the UK. Decades of fiscal exploitation by successive Governments with little in return warrants the need for FairFuelUK.
FairFuelUK is fronted by popular TV Motoring Journalist Quentin Willson and the Campaign's Founder Howard Cox.
Funding is through support from key founding backers the FTA, RHA and regular donations from supporters. Previous backers have included the RAC, Association of Pallet Networks, UKLPG and others
Since 2010 FairFuelUK has saved drivers over £100bn in planned tax hikes in duty and VAT through constructive and objective campaigning. Now the immediate focus is on stopping those unnecessary tax hikes based on a good intentioned but flawed 'green' agenda. These include new taxes and bans on drivers entering our major cities and potentially adding more costs on diesel drivers by the Treasury. These are new taxes that will not improve air quality, but simply hit consumers and the economy. There are ways to improve air quality without hitting consumers’ pockets.
Current FairFuelUK Campaign Issues include: Fuel duty, VAT on duty - PumpWatch and fuel price transparency - Effective ways to lower emissions but not through tax hikes - Stop the perennial demonisation of van drivers, hauliers and motorists - More investment in UK roads similar to the level of HS2 spend - Establish a long term Government strategic roads transport plan - Halt unnecessary cash generating congestion zones and ULEZ expansion - VED and its future - Influence fairer future road user taxation plans and road funding with fuel duty revenue predicted to decline - Help role out new vehicle technology in a way that does not hit drivers in the pocket - Scrap hospital parking charges - Other related motoring costs and driving issues.
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