Of course not. They still need to make extortionate profits.
They will, once people start shopping around (as mentioned in the article)
The Costco near me consistently has prices about 10p below the nearby Sainsbury’s, which is in turn lower than the EG Garage in the other direction. Unsurprisingly there are usually quite long queues for that petrol station. Sometimes they actually have staff on hand to direct the queue around the carpark so it doesn’t spill _too_ far into the surrounding roads.
They’ve finally started dropping a bit near us. 199, down to 175 in a fortnight. Asda jumped first and they had queues at the weekend before they sold out. But Sainsbury’s and Tesco have followed through the week.
They never do, up like a rocket, down like a feather…
In Ireland UL petrol is €1.92 a litre. Which is £1.60
In line with BP’s results
Oh no you mean companies happily extort and take advantage of a captured consumer base who could ever have imagined that would happen. Truly not successive governments
Why would they come down. Up like a rocket, down with a parachute.
The cheapest fuel near me is funnily enough a BP Garage at £165.9p
There’s a petrol station I use that’s only 157.9p. It’s a 20 mile drive away but worth it for the money I’m saving.
“What is an inelastic good”
I’ve noticed it’s fell to £1.75 across the board mostly but it’s not enough
So what’s the reason they aren’t doing it?
Ukraine? Covid? Brexit?
It’s that bad now that you’re better off at motorway/carriageway services than hanging about in town in some areas.
My area is mostly £1.85 or £1.80+ in town and on the outskirts.
Go down the A40/(M4) nearby and they’re £1.77.
If you pop down one of the villages on the way (you don’t even have to leave the main A40 route) it’s as low as £1.72.
Morrisons, Tesco, Asda etc all keeping prices high, but the village pump can drop it that low? Services can drop it lower? Eh, it’s a con.
The funny thing is that in fact it is a really competitive market with prices changing rapidly depending on wholesale input prices, but people closely scrutinise it, unlike other things where they don’t take much notice and are probably being ripped off more.
A couple of garages near me are playing a game with the petrolprices app. They drop the price to 10p or more less than anywhere for about an hour, report that price on multiple accounts then jack it up to more than most other places for the rest of the day.
Right now its reportd as 159.9, but I passed it and its 186.9.
Would be nice if the govt lowered the fuel duty so we could get by but nope. Poor peasant cannot afford petrol can go stuff themselves. The grassroots Tory supporters are travelling in Bentleys and don’t even look at the price of petrol while filling up.
Eurogarage brothers’ purchase of Asda fucked the UK petrol market. Since the purchase happened reduction of price in relation to oil price has been much much slower.
PSA install Waze on your smartphone hit search and tap the pump.
You’ll get petrol prices locally or you can check prices along a route.
Currently on my commute it’s cheaper to fill up on the middle of my route than at either end
Shock horror.. we are being ripped off 🙄
Huge profits have nothing to do with this ofcourse 😬
Not even surprised.
Why would it? Shell, BP et al know the public will still pay their inflated prices, so there is little imperative to charge less when prices come down.
Rip off Britain
Profiteering bastards
Don’t have much ability to shop around here being rural, but our local independent shop is selling petrol at 169.9p and 186.9p for diesel. They were running an 8p off a litre deal if you spent £40 in the shop in July too. I don’t think we can trust big businesses to bring the prices down quickly enough!
Still £1.86 for premium unleaded here 😳
Only place around our way that seems to be dropping prices by any significant amount is Costco, consequently you’ll be waiting about 20 minutes to fill up because the queue is always off the forecourt, out of the car park and onto the main road. Everywhere else has either not bothered or dropped it by a comically tiny amount, maybe 5p/l if you’re lucky.
Surprise, surprise!! More price gouging.
Diesel has dropped to £1.89, that is 10p since last week. It simply isn’t enough. The government need to cap the pump fuel price directly to the wholesale price.
As long as people keep paying the inflated prices they have no financial incentive to drop them.
No way, really?
Because profit 🙁
Best I’ve seen was £1.64 in Costco Leicester last week.
In other news researchers found evidence that bears are shitting in the woods and may have been doing so for some time
The government suspended competition laws for fuel in Sep 21 due to shortages. I’ve looked and can’t find anywhere that they were reinstated. Happy to be corrected or for someone to find the info, but suspect if it’s not been reinstated then this is having an impact on prices as petrol stations could still be “coordinating”.
This is a great example of where I would endorse the government being heavy handed. They need to pressure these places to lower the fucking cost of their fuel. If they’re buying it cheaper, then bloody well sell it cheaper to us. The corporate greed is insane.
Well why would they? It’s a captive market and they know that people can and will pay these prices. If you’re short of petrol right now you can just drive around for an hour to shop for the best ptice. The competition is simply fake.
38 comments
Of course not. They still need to make extortionate profits.
They will, once people start shopping around (as mentioned in the article)
The Costco near me consistently has prices about 10p below the nearby Sainsbury’s, which is in turn lower than the EG Garage in the other direction. Unsurprisingly there are usually quite long queues for that petrol station. Sometimes they actually have staff on hand to direct the queue around the carpark so it doesn’t spill _too_ far into the surrounding roads.
They’ve finally started dropping a bit near us. 199, down to 175 in a fortnight. Asda jumped first and they had queues at the weekend before they sold out. But Sainsbury’s and Tesco have followed through the week.
They never do, up like a rocket, down like a feather…
In Ireland UL petrol is €1.92 a litre. Which is £1.60
In line with BP’s results
Oh no you mean companies happily extort and take advantage of a captured consumer base who could ever have imagined that would happen. Truly not successive governments
Why would they come down. Up like a rocket, down with a parachute.
The cheapest fuel near me is funnily enough a BP Garage at £165.9p
There’s a petrol station I use that’s only 157.9p. It’s a 20 mile drive away but worth it for the money I’m saving.
“What is an inelastic good”
I’ve noticed it’s fell to £1.75 across the board mostly but it’s not enough
So what’s the reason they aren’t doing it?
Ukraine? Covid? Brexit?
It’s that bad now that you’re better off at motorway/carriageway services than hanging about in town in some areas.
My area is mostly £1.85 or £1.80+ in town and on the outskirts.
Go down the A40/(M4) nearby and they’re £1.77.
If you pop down one of the villages on the way (you don’t even have to leave the main A40 route) it’s as low as £1.72.
Morrisons, Tesco, Asda etc all keeping prices high, but the village pump can drop it that low? Services can drop it lower? Eh, it’s a con.
The funny thing is that in fact it is a really competitive market with prices changing rapidly depending on wholesale input prices, but people closely scrutinise it, unlike other things where they don’t take much notice and are probably being ripped off more.
A couple of garages near me are playing a game with the petrolprices app. They drop the price to 10p or more less than anywhere for about an hour, report that price on multiple accounts then jack it up to more than most other places for the rest of the day.
Right now its reportd as 159.9, but I passed it and its 186.9.
Would be nice if the govt lowered the fuel duty so we could get by but nope. Poor peasant cannot afford petrol can go stuff themselves. The grassroots Tory supporters are travelling in Bentleys and don’t even look at the price of petrol while filling up.
Eurogarage brothers’ purchase of Asda fucked the UK petrol market. Since the purchase happened reduction of price in relation to oil price has been much much slower.
PSA install Waze on your smartphone hit search and tap the pump.
You’ll get petrol prices locally or you can check prices along a route.
Currently on my commute it’s cheaper to fill up on the middle of my route than at either end
Shock horror.. we are being ripped off 🙄
Huge profits have nothing to do with this ofcourse 😬
Not even surprised.
Why would it? Shell, BP et al know the public will still pay their inflated prices, so there is little imperative to charge less when prices come down.
Rip off Britain
Profiteering bastards
Don’t have much ability to shop around here being rural, but our local independent shop is selling petrol at 169.9p and 186.9p for diesel. They were running an 8p off a litre deal if you spent £40 in the shop in July too. I don’t think we can trust big businesses to bring the prices down quickly enough!
Still £1.86 for premium unleaded here 😳
Only place around our way that seems to be dropping prices by any significant amount is Costco, consequently you’ll be waiting about 20 minutes to fill up because the queue is always off the forecourt, out of the car park and onto the main road. Everywhere else has either not bothered or dropped it by a comically tiny amount, maybe 5p/l if you’re lucky.
Surprise, surprise!! More price gouging.
Diesel has dropped to £1.89, that is 10p since last week. It simply isn’t enough. The government need to cap the pump fuel price directly to the wholesale price.
As long as people keep paying the inflated prices they have no financial incentive to drop them.
No way, really?
Because profit 🙁
Best I’ve seen was £1.64 in Costco Leicester last week.
In other news researchers found evidence that bears are shitting in the woods and may have been doing so for some time
The government suspended competition laws for fuel in Sep 21 due to shortages. I’ve looked and can’t find anywhere that they were reinstated. Happy to be corrected or for someone to find the info, but suspect if it’s not been reinstated then this is having an impact on prices as petrol stations could still be “coordinating”.
https://www.standard.co.uk/news/uk/competition-laws-petrol-stations-fuel-b957371.html?amp
This is a great example of where I would endorse the government being heavy handed. They need to pressure these places to lower the fucking cost of their fuel. If they’re buying it cheaper, then bloody well sell it cheaper to us. The corporate greed is insane.
Well why would they? It’s a captive market and they know that people can and will pay these prices. If you’re short of petrol right now you can just drive around for an hour to shop for the best ptice. The competition is simply fake.