News & Features

Petrol Prices Too High Says RAC

Posted in General News on Thursday, January 6th, 2022

The RAC has accused fuel retailers of charging motorists too much for their petrol and not reflecting wholesale price cuts. The motoring organisation stated that the price of petrol has fallen by 2p per litre at the pumps, but it should have been reduced by 12p. The RAC estimated that motorists were overcharged by £5 million each day in December as retailers made an average of 16p per litre as opposed to the usual 6p. Gordon Balmer, Executive Director of the Petrol Retailer's Association said: “December's pump price data is less reliable because it is taken from fuel card transactions, and there have been far fewer of these transactions because of the reduction in business activity between Christmas and New Year. The costs of running petrol stations rose all year, with electricity up 19%, vastly reduced margins from fuel cards, increased national insurance and wage inflation.” 

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chrisk's Gravatar

Wednesday, January, 12th, 2022

Yes I can imagine those petrol pumps using thousands of kWh an hour, do these thieves not know we also buy electricity.