"Ministers have indicated that they believe motorists are being “ripped off at the petrol pump” ahead of an official report into whether consumers are being treated fairly. "
Baroness Verma, an energy minister, said that the Government was looking at how petrol companies can be “encouraged” to pass on falls in the oil price to motorists.
Motoring groups have repeatedly complained that petrol stations appear to put up pump prices quickly following a rise in the crude oil price – but delay passing on reductions.
The Office of Fair Trading (OFT), the consumer regulator, will tomorrow publish the interim findings of a review of the petrol and diesel market across Britain. "
So 80%+ of price is tax, and he thinks rip off is due to petrol companies who barely make on refining?
Motorists are being 'ripped off' says energy minister - Telegraph
Baroness Verma, an energy minister, said that the Government was looking at how petrol companies can be “encouraged” to pass on falls in the oil price to motorists.
Motoring groups have repeatedly complained that petrol stations appear to put up pump prices quickly following a rise in the crude oil price – but delay passing on reductions.
The Office of Fair Trading (OFT), the consumer regulator, will tomorrow publish the interim findings of a review of the petrol and diesel market across Britain. "
So 80%+ of price is tax, and he thinks rip off is due to petrol companies who barely make on refining?
Motorists are being 'ripped off' says energy minister - Telegraph
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