Your Comments

"What do you mean, it is like that - goes up by 2p per litre daily!"

it can fill like that, use the average price on this site to find out what your local garage pricing is like. I'm not saying every garage is fair with pricing but the majority are, unfortunately garages often get more bad press than they deserve, even if by some miraculous method the garage ran for no profit at all, you are likely to be looking at 2-5ppl cheaper with the majority of garages. I presume you realise by looking at this site were the majority of the cost of fuel comes from?


"further north you go the cheaper fuel gets???? why is that??.."

There can be a difference in the region of 1/1.5ppl attributed to the distribution cost of the fuel, i.e. Sites further away have a higher distribution cost than ones nearer the terminal.

£1.169 is a little excessive with today's prices, but you can look at the average price yesterday of 1.12 to work that out :)

Oil prices are dropping? Why then, has the price of unleaded in my local Asda gone up over 6.5% in the last month? This is after the increase caused by the VAT rate increase!

The increased prices would appear to result from the Petrol Retailers' Association cartel action, started over the last few weeks, to encourage UK petrol retailers to hike prices together.

We know prices this high are not justified by the current fairly benign underlying cost pattern.

We can, of course ignore retailers' dubious contrary claims that appear even on this discussion page along with the counter-productive PRA press releases to the UK media which try to excuse unreasonable price rises.

@152

"We can, of course ignore retailers' dubious contrary claims that appear even on this discussion page along with the counter-productive PRA press releases to the UK media which try to excuse unreasonable price rises."

Ok no problem, as retailers and PRA are all wrong (in your opinion)then use a source your happy with, how about this website

http://www.petrolprices.com/price-of-petrol.html
http://www.petrolprices.com/fuel-tax.html

less than 8% of the cost of fuel is retailer and oil company.

154 John

I asked the question of Price Action to see if he/she had any knowledge to back up his/her argument. The lack of reply would indicate not. The answer is:

Assuming mid-CIF pricing, unleaded was $696.50/tonne and Derv $615.25/tonne for delivery on 2nd Feb. Convert this to litres and use an exchange rate of $1.6024/£ then add on 2.5 pence per litre to deliver to the petrol station and you get a cost price excluding VAT of 91.495 ppl for unleaded and 91.304 ppl for Derv. 56.19 ppl of both these prices is Duty. Selling at the prices stated gives a gross profit ex. VAT of 2.03 ppl on unleaded and 3.93 ppl on Derv. Recognise that NO overheads have been taken out of this.

I don't "expect" you to pay any price - the market dictates that. However, you might want to consider your interpretation of "competitive behaviour" if you think that the dominance of the Hypermarkets and the consequent dimunition of choice by the erosion of local businesses is a good thing

No doubt you complain about the cost of fuel to drive to your chosen Hypermarket!

@152

Robbing bstrds at 4ppl?

so lets say retailer drops his price by 4ppl then (3% of the 111.9), now you got 3% off who would you like to call robbing bstrds now?

Do bear in mind that 4ppl is gross profit (before sites costs) a site will run for around 2-3ppl costs, and these margins are deemed as quite reasonable. so lets run the site for £0 a profit a year, take site costs of 2.5ppl and that gives a profit of 1.5ppl or 1.3% of the price that can be taking off.

Gee, you got a price were one group is 3% and another group is around 70% of the price and you complain that the 3% are the ones doing the 'robbin'?

For you info, the price the last 2 days has gone up 2.5ppl, no site around me has gone up, so if they making 4ppl and it cost them 2.0ppl to run the site, they are now losing a small margin on there fuel sales.

Next time you complain about the price of fuel, can i suggest you read this site and then direct your efforts to the largest casue to the price of fuel?

I'm not sure how your point about climate change is relevant in regards to garages robbin people at the pumps?

If you mean about the government increasing fuel duty and citing climate change as the reason then that is a valid but different point. Garages don't impose climate changes taxes.

You lost me with the buses, but again i'm guessing that your referring to the fact that public transport is not a viable alternative to driving in some areas, again a valid but irrelevant point. Garages don't run the bus service.

Also for info the price today dropped 2ppl, so in the last 3 days a small increase overall of 0.5ppl. Now if garages were as quick to pass on the savings then I would assume that the same swiftness for price rises would also be passed on?
If garages passed on the daily price, as a customer who filled up yesterday I would be miffed to pay 3ppl more than Monday because of mid-week price increase only to find it back to the lower price the next day. This is how garages act as a 'buffer' zone and don't pass on the immediate saving and rises, they follow a trend rather than the daily swing.

Hopefully some people will understand a little now of how a garage retailing fuel operates

I don't really care that retailers are making 4p per litre or whatever it is. They're running a business at the end of the day.

What annoys me is the fact that most of the cost of fuel is tax.

Blame the government, not the retailer!

round here petrol prices have gone down by upto 2p per litre depending on the garage brand... has it gone down anywhere else?

I do blame gov tax personaly because they have never reduced it " and I mean EVER ",

WE ARE BEYOND A JOKE AT PRICES TODAY " £1.12 P a litre unleaded and lets not complain about oil companies here there cost is miniscule to the rip off TAX the gov steal " why are people not complaining "?