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Article: ROBBERY AT THE PUMPS ; Oil: barrel cost falls again today, 25% since JulyPetrol: prices on the forecourt are down just 5%
- Article from:
- The Evening Standard (London, England)
- Article date:
- September 5, 2008
- Author:
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Copyright informationCopyright 2008 Evening Standard - London. Provided by ProQuest LLC. (Hide copyright information)
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OIL companies stand accused today of cheating London motorists
out of [pounds]1.50 a tank after the price slumped again on world
markets.
The cost of crude has now lost more than 25 per cent of its value
since July. But in the same period, petrol prices have come down by
only five per cent.
AA spokesman Luke Bosdet said drivers were being ripped off twice
on the capital's forecourts. "London is now the most expensive place
in the country to buy petrol, so drivers are already paying at least
1p a litre more than the national average," he said.
"On top of that we calculate that with the falling oil price,
petrol is about 1.5p higher than it should be anyway. If you put
that together, the 2.5p ...