Cable Forum - View Single Post - Petrol hits whopping 140.20 unleaded before 3p increase in august1st

alferret · 24-03-2012, 10:42

What I find galling & in some ways profiteering by forecourts & the refiners.
Last May 2011, Brent crude was at about $128pb (per barrel) Today\this week its around $125pb. May last year I was paying 135.9p per litre. Today I am paying 142.9ppl.
So as there have been no increases in VAT or duty on fuel in the last 9 months how can the cost's have increased?
Between May 2011 & Dec 2011 the cost pb dropped to below $105, but the forecourts only dropped the litre price by 1.9p to around 133-4ppl.
So pb was down 17.5% but forecourt price only went down by 1.6%.
Something smells a little bit fishy me thinks & then adding on 3.03ppl + vat is a SMACK in the face for anyone who uses a vehicle be it SDP, commute or for work.

24-03-2012, 10:42	#29
alferret cf.mega poster Join Date: Jun 2003 Location: Mansfield Age: 58 Services: There is no destination to life, the journey is everything! Posts: 5,532	Re: Petrol hits whopping 140.20 unleaded before 3p increase in august1st What I find galling & in some ways profiteering by forecourts & the refiners. Last May 2011, Brent crude was at about $128pb (per barrel) Today\this week its around $125pb. May last year I was paying 135.9p per litre. Today I am paying 142.9ppl. So as there have been no increases in VAT or duty on fuel in the last 9 months how can the cost's have increased? Between May 2011 & Dec 2011 the cost pb dropped to below $105, but the forecourts only dropped the litre price by 1.9p to around 133-4ppl. So pb was down 17.5% but forecourt price only went down by 1.6%. Something smells a little bit fishy me thinks & then adding on 3.03ppl + vat is a SMACK in the face for anyone who uses a vehicle be it SDP, commute or for work.