petrol price

Price of petrol – Part 2

So, we hear that the price of oil is now 50% of what it was at the peak earlier this year. Great, I’ve just driven past Tesco in Southport and petrol’s down to 92p a litre. It’s heading in the right direction, but it’s still not coming down at the rate of the reduction in [...]

The price of petrol

According to Ray Massey, Daily Mail (18th September) oil prices have dropped by 40% since July. Given that the highest price of petrol around here was no more than £1.20 a litre why is petrol only down to £1 a litre – a measly 17% lower in comparison. Is somebody keeping a hefty proportion of [...]