Nero
Well-known member
Same as about 10 years ago too. When I first started working in Aberdeen the price of Brent Crude was sky high. It didn't mean the prices at a petrol station were sky high too. It's not just oil either where something doesn't add up. Wholesale gas prices have started to drop, yet OFGEM continues to raise the energy cap and people are paying huge amounts of month.It's in the governments interest keeping the prices high as they are getting about 90p per litre back in fuel duty. 5p cut by Sunak heralded as a massive help to the public.......but then we've seen about 10p litre stuck on.
What I don't get is that when oil was about $120 barrell last year, fuel was around the £1.30 litre (I think). Now same price but 50-60p litre more expensive. How does that work?