RAC: ‘December was a rotten month for drivers’
The RAC says that the price of a litre of unleaded on the wholesale market, including delivery, averaged 106p across the month of December. It said that had a 6p margin been taken, as has been usual, then drivers would have seen an average petrol pump price of around 135p after applying VAT at 20%.
RAC spokesman Simon Williams said: “December was a rotten month for drivers as they were taken advantage of by retailers who rewrote their pump price strategy, costing motorists millions of pounds as a result.
“Their resistance to cutting prices and to only pass on a fraction of the savings they were making from lower wholesale costs is nothing short of scandalous.”
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