With pump prices at their highest levels for 18 months we are also seeing huge price variations across the UK from 110 to 136p for unleaded and diesel from 112 to 138p. This market continues to go unchecked meaning hardworking drivers have no choice but to pay through the nose. Particularly in rural areas and where there is little competition from supermarkets. There are wholesalers in the fuel supply chain who continue to exploit post Brexit uncertainty, weaker sterling and OPEC countries reducing their oil production output. These suppliers are hiking pump prices quicker and by more than necessary.
Howard Cox, Founder of the FairFuelUK Campaign said: “Government tells us – a competitive market is the best way to keep prices low; a new regulator is not necessary. – Well if this is the case how can 26p per litre variations in fuel prices at the pumps across the UK be fair. The Treasury, not only continues to see drivers as easy cash cows, they also remain out of touch with millions of hard working families and small businesses who see in reality how oil companies and the fuel supply chain fleece them at the pumps, every day of the week.”
This is why, with Charlie Elphicke MP for Dover, FairFuelUK is calling for an independent PumpWatch body to ensure everybody understands how road fuels are priced and UK’s 37 million drivers get the fairest and most transparent deal possible. With consumer pricing watchdogs already well established for telecoms and domestic energy, PumpWatch is way overdue. Click on the link and sign the petition here if you’d like to make a difference: PumpWatch ePetition