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Fuel Prices


mr_brain
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If, as fuel distributors claim, profit margins on fuel are less than 5p a litre then, unless they have pushed their prices up by 10p a litre or are making massive profits in the supermarket they really cannot afford this even as a short term loss leader promotion.

 

It is obviously a loss-leader but is clearly done in the hope that weekly shoppers will go to Morrisons for their weekly shop and buy fuel there rather than go to Tesco, Asda or Sainsbury's etc. They will probably be backing up the fuel reductions with some big in-store reductions to tempt non-regular customers to switch to them.

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Did you know the council used nearly 7,000,000 litres of fuel last tax year, now, imagine what discounts you could get on that bulk order, and more if they got fuel for folk too. I wonder if the Council get a rebate on this duty or do tax payers pay tax on tax, again?

 

As the web page sez about the rise

 

So, it's vital that as many MPs as possible are made aware of the huge public and business opposition to this 3p hike in fuel duty. And that is where we need your help.

 

Get on with it now....

 

http://action.fairfueluk.com/page/speakout/stop3prise

 

Please

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  • 2 weeks later...
I was in Inverness at the weekend, petrol in several places there at £1.30 litre, plus supermarkets offering 5p off, that's a huge difference to £1.51 at some of the pumps here!!

 

I think Inverness may be cheapest in Scotland at the moment, thanks to a price war between Tesco and a newly-opened Asda. Asda have been selling unleaded at 131.7p; Tesco raised their price today from 131.9 to 132.9. Sainsbury's in Nairn have unleaded at 134.9. In the Glasgow area, 138.9 is more typical at supermarkets.

 

....

 

Figures for U/L last weekend: Aberdeen and garages down through Braemar are from £131.9 (Aberdeen Shell) to £137.9 (rural garages).

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  • 4 weeks later...

Pump prices drop as two brave Stornoway filling station bosses finally rip up Scottish Fuels contracts

Posted on December 12, 2012

 

See link... http://maciverblog.co.uk/2012/12/12/prices-drop-as-two-brave-stornoway-filling-station-bosses-quit-scottish-fuels/#comments

 

UPDATE - Two Stornoway filling stations have decided to stand up to Scottish Fuels. They have told Tony Stewart to get knotted and that they can manage without his sweeteners – and his threats. We salute them. They have, of course, both now been able to drop their prices with immediate effect.

 

UNLEADED

Manor Service Station 134.9

Sandwick Road Filling Station 134.9

Campbells Service Station Not listed

 

DIESEL

Sandwick Road Filling Station 141.9

Manor Service Station 142.9

Campbells Service Station 145.9

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  • 1 month later...

It's gone a bit quiet on this thread. However, I see that the Shetland - UK mainland differential has shrunk to 8p or less and in some cases may even be in our favour. Tesco in Inverness were 129.9 for unleaded this week and Robinson and Morrison in Weisdale were 137.9. Going by the petrol price website http://www.petrolprices.com/, our prices are now within about 3p of those in many more rural parts of the country and up to 4p cheaper than motorway sites. It's not so long since the differential was almost 20p.

 

Has it dawned on our local oil monopoly that they'd better do something to avoid an inquiry into where the 5p subsidy goes?

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This may have something to do with it

 

http://www.bbc.co.uk/news/uk-scotland-highlands-islands-21089746

 

The Office of Fair Trading (OFT) has launched an investigation into the distribution of petrol and diesel on the Western Isles by firm GB Oils.

 

The company, which trades under the name Scottish Fuels on the isles, is being probed for "suspected abuse of a dominant position in the market".

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This may have something to do with it

 

http://www.bbc.co.uk/news/uk-scotland-highlands-islands-21089746

 

The Office of Fair Trading (OFT) has launched an investigation into the distribution of petrol and diesel on the Western Isles by firm GB Oils.

 

The company, which trades under the name Scottish Fuels on the isles, is being probed for "suspected abuse of a dominant position in the market".

 

This will explain why our fuel prices fell a few weeks ago. There seems to be a bit of a pattern here in my opinion .. High prices .. Bit of investigation prices drop... Dust settles.. Prices rise quickly.. More investigation on the cards.. Prices drop. Etc.

 

We have been paying over the odds for years so hopefully this time they will investigate fully and get answers to all the questions.

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This will explain why our fuel prices fell a few weeks ago. There seems to be a bit of a pattern here in my opinion .. High prices .. Bit of investigation prices drop... Dust settles.. Prices rise quickly.. More investigation on the cards.. Prices drop. Etc.

 

We have been paying over the odds for years so hopefully this time they will investigate fully and get answers to all the questions.

 

100% agree - I hope any investigation not only looks at prices at the time, but properly investigates prices over the previous 5 years (at least).

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This may have something to do with it

 

http://www.bbc.co.uk/news/uk-scotland-highlands-islands-21089746

 

The Office of Fair Trading (OFT) has launched an investigation into the distribution of petrol and diesel on the Western Isles by firm GB Oils.

 

The company, which trades under the name Scottish Fuels on the isles, is being probed for "suspected abuse of a dominant position in the market".

 

This will explain why our fuel prices fell a few weeks ago. There seems to be a bit of a pattern here in my opinion .. High prices .. Bit of investigation prices drop... Dust settles.. Prices rise quickly.. More investigation on the cards.. Prices drop. Etc.

 

We have been paying over the odds for years so hopefully this time they will investigate fully and get answers to all the questions.

 

 

Takes two to tango...?

 

So far the OFT have bungled around i.e. not really getting to grips!

 

See link... http://www.oft.gov.uk/OFTwork/competition-act-and-cartels/cartels/what-cartel

 

What is a cartel?

In its simplest terms, a cartel is an agreement between businesses not to compete with each other. The agreement is usually secret, verbal and often informal.

Typically, cartel members may agree on:

• prices

• output levels

• discounts

• credit terms

• which customers they will supply

• which areas they will supply

• who should win a contract (bid rigging).

These agreements are prohibited by the Competition Act and Article 101 TFEU of the EC Treaty. In addition, the Enterprise Act makes it a criminal offence for individuals to dishonestly take part in certain specified cartels, essentially those that involve price fixing, market sharing, limitation of production or supply or bid rigging.

Cartels can occur in almost any industry and can involve goods or services at the manufacturing, distribution or retail level.

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