Falling fuel supply prices not being passed on to customers, says FairFuelUK
The fuel supply chain continues to avoid passing on reduced oil prices to UK motorists since Brexit, according to FairFuelUK, who claims that while wholesale prices of petrol and diesel continue to fall, prices at the pump remain unchanged.
Howard Cox, founder of FairFuelUK, said: “Our campaign supporters from UK motorists, hauliers and small businesses across the UK are incensed that in the five weeks since the EU referendum, significant falls in fuel wholesale prices have been ignored by retailers. We are told by some garage owners that they should not be blamed, as they are not getting these published wholesale numbers and are being overcharged by as much as six pence per litre. So who is fleecing the motorist? What is the truth? It really is time for the government to investigate the opaque pricing process at the pumps.”
Quentin Willson, motoring journalist and lead campaigner for FairFuelUK, said: “Petrol margins at the pumps have nearly doubled since Brexit with diesel up by 50%. Motorists blame retailers but there is something more sinister as it seems wholesalers are not passing on these welcome falls in oil to retailers. The whole fuel supply chain cartel seems to be colluding behind a smokescreen of post Brexit uncertainty. The government must act now to stop this deception.”
Posted on: August 2nd 2016