quik5i1ver said:reboot said:V-Power now at 112.9p around my way again. Last time I mentioned the petrol price at the same level was in March 2008 when crude oil was at $97 per bbl. Today crude is just below $80 per bbl. This means it's not just the government ripping us off........
Isn't that a sign that it probably IS the govt who is ripping us off?.. Else firms would be undercutting one another by greater margins - I'm guessing that fuel tax is likely to be higher than it was?.. Just tried to find out but there was nothing obvious enough in the limited time that I have to think about this post!
Just realised that I misread your post reboot... D'oh - was clearly not focussing last night...
Found the following quote on the Telegraph website.. Good old traders..
''Although the blame lies squarely with stock market traders shifting funds from currencies to commodities, a 1.3p-a-litre rise in the pump price of petrol this week fuels driver suspicion that forecourt prices rise faster than they come down.''