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Posted: Sat Jul 07, 2012 1:39 amPosted: Sun Jul 08, 2012 5:13 pmPosted: Fri Jul 13, 2012 6:52 pmSpuffler wrote:On the way up again! 130.9 at Morrisons yesterday.
Posted: Thu Jul 19, 2012 12:52 pmPosted: Tue Jul 31, 2012 12:42 amSpuffler wrote:Gone up some more. And now there are allegations of price fixing. More fiddling by banks......
Posted: Sun Sep 23, 2012 2:11 pmPosted: Sun Nov 11, 2012 2:55 pmPosted: Wed Jan 30, 2013 5:46 pmOFT says UK petrol market is "working well"
A study of the UK petrol and diesel market by the Office of Fair Trading (OFT) has said little action is needed.
"The evidence gathered by the OFT suggests that at a national level, competition is working well in the UK road fuel sector," its report said.
It found the UK has some of Europe's cheapest fuel prices before tax.
It said there was very little evidence that petrol and diesel prices rise quickly when oil prices go up, but are slow to fall when prices drop.
"We recognise that there has been widespread mistrust in how this market is operating," said OFT chief executive Clive Maxwell.
"However, our analysis suggests that competition is working well, and rises in pump prices over last decade or so have largely been down to increases in tax and the cost of crude oil."
Posted: Wed Jan 30, 2013 6:07 pmIt found the UK has some of Europe's cheapest fuel prices before tax.
Posted: Wed Jan 30, 2013 6:23 pm"Every motorist and business in Britain instinctively knows that 'something's not right'," he said.
"The OFT appears to have failed to address the key issues of : why diesel is more expensive than unleaded in the UK when this is not the case in Europe, why falls in the oil price take so long to be reflected at the pump, and why there are such variations in price, often from the same branded forecourts, within the same area."