Categories
Oil and Gas Industry News

Fury as fuel retailers ‘use General Election as a distraction to keep petrol and diesel prices high’ [Video]

FUEL retailers are using the General Election as a distraction to keep prices high, campaigners have warned.

Britain now has the most expensive diesel costs in Europe, figures reveal.

Fury as fuel retailers are ‘using General Election as a distraction to keep petrol and diesel prices high’Credit: Getty

And motoring organisation the RAC says pump prices are “far higher than they should be”, because wholesale fuel costs have been tumbling since April.

The average price of a litre of petrol is 146.3p, which is “5p more expensive than it should be”, the group said.

Northern Ireland is charging 141.1p.

Meanwhile diesel has hit an average 151.5p — the costliest in the continent for seven weeks and well above Northern Ireland’s 141.9p.

RAC figures show retailers’ margins — the differences between what they paid for fuel and the price they charge — are 14p per litre for petrol and 16p for diesel.

Until the election was called, ministers were pressuring retailers to …

Watch/Read More