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OFT says UK petrol market is working well

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OFT says UK petrol market is working well

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paulzolo

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Joined: Thu Apr 23, 2009 6:27 pm
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OFT says UK petrol market is working well

Apparently....


	Quote: A study of the UK petrol and diesel market by the Office of Fair Trading (OFT) has said little action is needed. "The evidence gathered by the OFT suggests that at a national level, competition is working well in the UK road fuel sector," its report said. It found the UK has some of Europe's cheapest fuel prices before tax.

http://www.bbc.co.uk/news/business-21258809

I think the phrase “before tax” is the key here.

Oh - there is a handy calculator that you can use to see how much you are paying compared to other countries.
http://www.bbc.co.uk/news/business-21238363

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Wed Jan 30, 2013 12:26 pm

l3v1ck

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Re: OFT says UK petrol market is working well

I'm always amazed. I live in Derby, about as far as you can get from the refineries on the coast, but I've yet to find cheaper petrol elsewhere. Everywhere is the same or a couple of pence more expensive in major towns. In the sticks, it's a lot more expensive.

The BBC's fuel calculator (clicky) shows just how much tax we pay. The petrol itself is dirt cheap.

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Wed Jan 30, 2013 8:11 pm

Amnesia10

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Re: OFT says UK petrol market is working well


	l3v1ck wrote: I'm always amazed. I live in Derby, about as far as you can get from the refineries on the coast, but I've yet to find cheaper petrol elsewhere. Everywhere is the same or a couple of pence more expensive in major towns. In the sticks, it's a lot more expensive. The BBC's fuel calculator (clicky) shows just how much tax we pay. The petrol itself is dirt cheap.

Yes but the variation in prices here are a lot less than in the US, whose prices have been disproportionately higher than here.

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Wed Jan 30, 2013 8:36 pm

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