FairFuelUK condemns ‘unscrupulous’ fuel supply chain

FairFuelUK condemns ‘unscrupulous’ fuel supply chain

Independent campaigning organisation FairFuelUK has expressed its anger on behalf of its supporters that despite the massive reduction in the price of oil the benefits are not being passed on to hard-pressed UK motorists and logistics companies.

It points to the fact that oil prices have fallen by 57 per cent since Christmas. In its latest statement FairFuelUK argues that average pump prices for diesel should be £1.10 per litre, not £1.23 – while petrol should be £1.00 per litre instead of £1.20.

Howard Cox, Founder of the FairFuelUK campaign, explains: “In an extraordinary time where we all must adhere to Government advice to reduce risks to our health, the immoral fuel supply chain has been ripping off drivers to the tune of £23.8 million per day.

“Since Christmas these opportunists have hidden behind a global crisis to fill their already fat wallets, by not passing on average, 20p per litre to what we currently pay at the pumps. The perennial cheating of the world’s highest taxed motorists, every time oil prices change, must be scrutinised by an independent PumpWatch body.

“It borders on criminal behaviour that coronavirus is the smokescreen for these faceless businesses, to fleece UK’s 37 million motorists. The Government must act now, to stop this chronic consumer abuse once and for all.”

This latest release follows on from an earlier statement in which FairFuelUK also called on the Government to act to reduce the unnecessary and opportunistic fuel cost pressure on drivers, small businesses and our essential logistics industry.

Mr Cox said: “Wholesale prices of diesel and petrol have plummeted. Pump prices have not followed suit anywhere near. The gap is growing by the day.

“It is more than shocking that in this time of an unprecedented health crisis, there are businesses deliberately holding back beneficial prices at the pumps. The unscrupulous fuel supply chain must be held to account, with an independent PumpWatch price monitoring watchdog being put into practice. Now!”

FairFuelUK also reiterates that despite the Government’s continued freeze on fuel duty its level is amongst the highest in the world and continues to fill the coffers of the UK Treasury.