AA claims motorists are ripped off by fuel retailers
17/04/2015
The AA believes that people are being ripped off by fuel retailers as the put up the price of petrol and diesel after the recent fall.
Throughout March oil prices fell by a further 5%, but petrol prices rose by 1.2%. The AA believes that fuel retailers are "plundering drivers' pockets" as motorists pay an extra 1.73p a litre for petrol and an extra 0.63p a litre of diesel.
Industry experts have claimed that wholesale costs have risen, which has been reflected back onto consumers. The wholesale cost of petrol, which includes things like transport and refining, rose from $608 a tonne at the beginning of March, to $613 in the first half of April.
Also, the falling oil prices are priced in dollars and the pound has recently fallen significantly against the dollar.
Edmund King, President of the AA, said:
Cars are like blank cheques for whoever feels the need to balance the books by plundering drivers’ pockets.
“Motorists prop up the Treasury to the tune of 10% of the UK’s total tax-take, and now the fuel retailers are taking 3p a tank extra on diesel to steady their finances.
“Manifestos promise action and transparency on domestic energy bills, but nothing on road fuel price transparency.”
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