News, Why just 10% of Britain’s petrol stations are now charging the right amount – and which are cheapest: detailed suggestions and opinions about Why just 10% of Britain’s petrol stations are now charging the right amount – and which are cheapest.
PETROL stations have been ripping Brits off during the cost of living crisis by failing to reduce the amount they charge in line with a fall in wholesale prices.
The latest analysis by the RAC suggests that only one in ten forecourts have cut prices to the extent that reflects the true price of fuel.
The advocacy group have condemned forecourts for not passing on the reduction in cost to customers, saying: “It’s time for every retailer to do the right thing and cut their prices to more reasonable levels.”
Just 407 of the more than four and a half thousand forecourts surveyed were charging anything like a fair price, which the RAC estimates at 174p per litre of unleaded petrol.
Greedy fuel companies have failed to pass this price cut on to the consumer, with the national average sitting at 188p per litre.
Only 157 stations (around four per cent) are selling a litre between 170.9 and 179.9p.
The data also shows that independently owned petrol stations are significantly more likely to offer fair pricing than major retailers.