25 Nov 2022

UK fuel prices - NOT amateur radio

In the last month the exchange rate of the UK pound against the USA dollar has improved by about 10%. The wholesale price of a barrel of oil has fallen by about 10%. 

This should mean the proportion of the price of fuel due to barrel prices (excluding tax, delivery etc.) should have improved by about 20% resulting in a drop in fuel prices at garages.

What has happened in the real world? Prices have hardly changed.

1 comment:

  1. You will notice in the increased profits of the oil companies :-(

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