OFT to look at petrol price-fixing

5 September 2012

petrol_guageIf you drive, then chances are, you feel you're being ripped off. Well, you are probably right and the Office for Fair Trading is going to investigate such claims amid allegations of price-fixing on the forecourt. Costs, it seems, are being kept at stupidly high levels despite a fall in crude oil prices.

Claire Hart, director in the OFT’s Services, Infrastructure and Public Markets Group, said: "We are keenly aware of continuing widespread concern about the pump price of petrol and diesel and we have heard a number of ifferent claims about how the market is operating."

"We have therefore decided to take a broad based look at this sector, to provide an opportunity for people to share their concerns and evidence with us."

"This will help us determine whether claims about competition problems are well-founded and whether any further action is warranted."

The OFT will also look at whether supermarkets are killing independent garages, but the likelihood of anything happening with that is slim-to-piss all.

TOPICS:   Motoring   Consumer Advice


  • Zeddy
    It's a fucking cartel that the banks would be proud of. Prices have risen about 7 p a litre for both fuels over the last few weeks. Don't hear the supermarkets trumpeting that one.
  • zacspeed
  • Idi A.
    In the 70s the cartel was so blatant the oil companies would take it in rotation to be the first to put prices up and take the bad publicity. Next time, it would be somebody else's turn. But I'm certain nothing like that would happen now. Not at all.
  • Inspector G.
    Its because 58p goes on duty and 20p goes on VAT. There, I've saved the OFT a tonne of money and time. Anyone have the address of the accounts payable department so I can send them my invoice?
  • Sicknote
    OFT, there's a bunch of tools with fuckallpower to act.
  • oliverreed
    Ok, lets say those useless toothless cnuts at the OFT do find that prices are fixed - what will happen? Oh, they'll fine the offenders, and the motorist will receive? Ah that's it, FUCK ALL. Something useful like insist the price sits at £1 a litre for a year to attempt to compensate and benefit us all will never happen.

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