Tag Archives: fair fuel uk


Monday, February 8, 2016
The news this week that the Institute for Fiscal Studies recommends that George Osborne should raise fuel duty to keep his deficit reduction on track has got economists scratching their heads. Everybody, including The Treasury, agrees that freezing fuel duty since 2011 has brought significant benefits to the UK economy. The CEBR has calculated that low transport costs have raised GDP by 0.6%, created 121,000 jobs and created an extra £11.6 billion of economic activity. Even The Treasury has admitted that ‘freezing fuel duty benefits the economy enough to offset almost all the immediate loss of tax income and the short term gains that have ...

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Monday, January 25, 2016

Seeing prices of 8.43p per litre (46 cents per US Gallon) in Michigan is economically mind-boggling for the UK motorist to grasp or experience. At this undreamed of level, State and Federal Taxes aggregate to a more UK recognised tax take of 74%. But that is where any across the pond comparison stops. How the US fuel supply chain can make any money at this price is fantasy and almost perilous in terms of commercial viability. But such local price wars are fleeting and only show the difference in motoring culture between the UK and our cousins in the US. UK retailers are constrained by ...

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Friday, January 22, 2016
UK motorists, businesses, white van men are deliberately being fleeced at the pumps as oil prices continue to tumble. With various businesses in the fuel supply chain from refineries to retailers shamelessly increasing their profits, our recent fuel pricing data from highly reputable sources shows that it is diesel that is being exploited predominantly at the pumps. 

Since May 2015, oil prices in sterling have fallen by over 55.8% and yet wholesale prices for petrol in the same period (net of all taxes) have dropped by only 39.9% and at the pumps even less at just 26.9%.

Whilst wholesale diesel prices have nearly ...

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Tuesday, January 12, 2016

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Saturday, January 9, 2016
2015 Fuel Pricing Data clearly shows Supply Chain Businesses are Knowingly Profiteering from Falling Oil Prices.

A FairFuelUK extensive analysis of the trends in oil, wholesale and retail fuel prices in 2015 sourced from reputable organisations, Portland Fuel Pricing, Government Statistics and the RAC Foundation, explodes the myth that rocket and feather pricing at the pumps is circumstantial.
 
From January 2015, Sterling oil prices have fallen by 23% in 2015, whereas diesel and petrol margins (net of all taxes) have increased substantially. The graph below demonstrates this unmistakably.  
 
Fuel Chain Suppliers profiteering from Oil Price Falls

  • Quentin Willson, TV broadcaster, motoring journalist and lead campaigner for FairFuelUK said: ‘Our figures say it all. As ...

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Friday, January 8, 2016

When Sports Direct issues a profit warning we should all worry. The price slashing sporting goods retailer is one of the most telling barometers of both high street retail spending and general consumer mood. If people aren’t buying Mike Ashley’s incredibly cheap leisure kit then they won’t be buying much else at anything near full retail prices. They’re also likely to be spending less at weekends, doing less sport and reducing outside leisure and gym activities too. Clearly consumers are closing the hatches ready for a coming storm. Throw in all the other high street profit warnings, collapsing currencies plus stock market and commodity falls ...


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Sunday, December 6, 2015
Oil Companies are the only business group to snub MPs APPG and so avoid explaining their role in how prices are set at the pumps. Why is that? Read on....

On Tuesday December 8th in Westminster and initiated by the FairFuelUK Campaign, MPs across all Parties, from the APPG for Fair Fuel for Motorists and Hauliers, will be putting pertinent questions to those businesses involved in the vehicle fuel supply chain regarding pump pricing.

This is an informal inquiry for MPs / APPG to understand in more depth how prices at the pumps are calculated and changed in relation to market influences and commercial decisions. The millions ...

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Friday, November 20, 2015


FairFuelUK CEBR Report - Low Fuel Prices Add £11.6 Billion to Economy


A groundbreaking report published this week by the Centre for Economic and Business Research confirms that the lower petrol and diesel prices of 2015 have raised UK GDP by 0.6%, created an extra £11.6 billion of economic activity, 121,000 jobs and boosted government tax revenues. The research also shows that raising duty on diesel or increasing VED on diesel vehicles would cost businesses and families £9.3 billion across the current Parliament.
 
The historic research, commissioned by FairFuelUK, shows that the low oil and fuel forecourt prices seen this year have increased business investment, ...

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Sunday, October 11, 2015

FairFuelUK, the UK’s leading and most successful protest group on road fuel pricing, is warning the government not to penalise diesel drivers with higher rates of fuel duty or cause a crash in secondhand values through misinformation.  There has to be a measured, practical and well informed response to the issues related to diesel emissions, the VW saga and its undoubted impact on the economy.

Lead Campaigner, Broadcaster and Journalist, Quentin Willson, says: ’ The UK’s 15 million diesel drivers shouldn’t be financially penalised because of a knee-jerk reaction to the recent VW emissions scandal.  We’re hearing rumours in Westminster that the Treasury could ...


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Wednesday, September 17, 2014
Whilst the price of crude oil is at its lowest for months, because of the uncertainty of the Scottish YES and NO Independence referendum, the value of sterling has fallen against the dollar. The first chart shows the current price of crude oil in dollars and its welcome downward trend.

 
The second chart shows the value in Pounds Sterling that shows an upward worrying trend due to the Scottish uncertainty.

 
Lower fuel prices translate into more money in your wallet to spend on other goods and services. This is good for the country’s economic growth. But political uncertainty, politicians with huge egos and those profit driven oil ...


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