Military will begin to deliver petrol from Monday, but it is feared that a post-pandemic surge in the cost of oil will see petrol prices rocket in months ahead. The average petrol price fell last week to 136,8 p, down from just 116.5 p at the start of the year.
Robert Halfon wants a Pumpwatch watchdog set up to ensure retailers do not exploit motorists and hike prices unfairly. He said: Profiteering retailers should not use the current difficulties to take hard-pressed motorists for fools. We need a PumpWatch regulator to ensure that working people get a fair price at the pumps. Howard Cox, founder of FairFuelUK, strongly supports the creation of such a watchdog. Why shouldn t drivers not get a price protection body? Most of the profiteering is done at wholesale level not by small independent retailers, who are also victims of the greedy fuel supply chain. The fuel industry has a moral duty to pass the fairest price on to consumers, yet they have free reign to fleece drivers at will, all unchecked by our Government. FairFuelUK is calling for fuel duty to be cut in next month's budget by 3 p.
Yesterday, fuel stocks had increased in every UK nation and region, with more fuel being sold than delivered in the country s forecourts. However, the normal stock level was at 21 percent, far below the average figure of 40 percent. Alexander Stafford said his constituents fear that prices will not fall when the present disruption blamed for a lack of HGV drivers ends. He said: Everyone is asking petrol price to go up. I want petrol to come down when things stabilized again, to the price it was. The RAC claims that petrol prices are driven by the cost of oil which hit a three-year high last week at $80.75, which was driven by the petrol cost. The motoring association warned that prices could go up to $90 before the end of the year, potentially pushing unleaded petrol to 143 p per litre. A source in the government said that English motorists had benefited from a freeze on fuel duty for 11 consecutive years. It is issuing visas to fuel drivers from abroad so that they will be able to work in the UK until the end of March. The impact of the low-capacity battery shortage on electric cars will be closely monitored.