EXPERT COMMENT: PETROL RETAILERS OVERCHARGING DRIVERS
The RAC has today accused petrol retailers of ripping off motorists by not passing on wholesale price cuts, estimating drivers were overcharged £5m a day in December. Car Insurance Expert at Confused.com Alex Kindred says:
“The latest report shows that wholesale prices of fuel is coming down, so it would of course be welcomed to see the retail value decrease too. Our latest fuel price index shows the average price of petrol and diesel are on the up across the UK. We also found that more than two in five (41%) drivers feel that current fuel costs are unjustified.
“We always encourage drivers to be savvy when it comes to finding the best fuel prices and for other motoring expenses, but it can be hard to know what’s a realistic price. Competing supermarkets often offer petrol discounts whilst larger petrol stations can usually offer their fuel at slightly lower prices. This is to try and entice drivers, although it could be at the expense of smaller independent providers.
“The combination of fluctuating prices and the varying costs between regions and suppliers can make it confusing to know when and where we’re going to get the best deal. To help you find the cheapest fuel in your local area, you can use our petrol price finder to search for the best price. That way, you can avoid paying over the odds.”
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