Low fuel prices - they should be lower

[obi_waynne]

The crude oil prices are lower than ever (for 4 years) but once again the drop is not showing at the pumps!

http://www.bbc.co.uk/news/business/market_data/commodities/143908/twelve_month.stm
http://www.bbc.co.uk/news/business-29903666
http://www.bbc.co.uk/news/business-29903670

Fuel prices have come down a little in recent times but not by anwhere near the levels of the drop in Crude.

Are the media outlets unfairly comparing the crude and pump prices, do you think there is any truth that we are being short changed? Is there anything we can actually do about this?

 

[obi_waynne]

Maybe if we all waited a few more days before filling up the fuel companies would drop the prices?

I just don't think that competition is working in the fuel market for us.

 

[wizzer]

It should be less than £1 per litre now looking at the drop in crude. I suppose the tax rates are higher though.