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to think that petrol should be decreasing in price rather than going up?

(6 Posts)
misi Tue 16-Sep-08 13:03:29

the price of a barrell of oil dropped to just over $90 yesterday, well over $50 less than its peak a few months back and at a price that was last seen in december last year. since the last petrol decrease 6 weeks ago, oil has dropped well over $30 yet my local petrol stations and supermarkets have recently increased the cost by a penny a litre. even going by the industry mantra of it takes 4-6 weeks for prices to filter through, petrol should be at least 5p cheaper now going on the price of oil 6 weeks ago and should be 10p cheaper going on prices 4 weeks ago. oil is decreasing in price at a similar rate to how it went up in price yet we have no price decrease in petrol like it went up in price at the time
is it unreasonable to think that oil companies are lying through their teeth about this 4-6 week thing and are now profiteering at our expense? and it is unreasinable to think that brown et al don't give a damn? (the letter I got back from No.10 this morning just re-iterated what the oil companies say, 4-6 weeks blah blah blah)

expatinscotland Tue 16-Sep-08 13:04:26

and pigs might fly

dibdabscribble Tue 16-Sep-08 17:49:15

Well it is now 5p cheaper here

misi Tue 16-Sep-08 22:16:46

wow, we live only 10 miles from one of the biggest refinerys in the country and at 7pm today our petrol was still 111.9 up from 110.9 on friday

Mum2OliverJames Tue 16-Sep-08 22:20:05

they may just keep it up until oil catches back up again - was the theory we came to anyway grin

GreenMonkies Thu 18-Sep-08 22:00:00

YANBU bloody petrol companies are thieving leeches, only one step down from estate agents! grin

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