GREEDY pump bosses are now raking in £30m a day because they can’t cut prices.
Activists say the cost of refueling should already be down by 20p a liter thanks to a drop in global oil prices and the recent fuel tax cut.
Instead, fuel giants are raking in up to 29p per liter profit on petrol, stats show.
And they earn 35.7p on diesel – up from an average of 9p over the past decade.
Daily gains of £30m contrast with £9m in 2015 when prices were at their lowest in recent years.
The revelation comes as forecourts face bottlenecks caused by eco-warriors blocking oil processing plants.
Huge queues were seen at some workshops yesterday as 1,200 of 8,373 pumps were shut down after more than 11 days of disruption.
FairFuelUK’s Howard Cox said an independent regulator was needed to regulate costs at the pump.
He said: “Prices at the pump should now be 15-20p lower as oil prices fell 30 per cent in March, plus a welcome 6p cut in fuel taxes.”
Tory MP Craig Mackinlay said: “It is now apparent that motorists are being fleeced from the fuel supply chain.
“Wholesale oil prices are a long way from historic highs, but the price at the pump is down just a few buttons.
“It’s about time a PumpWatch price monitor put a stop to such blatant profiteering.”
Last night pressure mounted on ministers to ban fuel protests at oil plants and arrest the eco-warriors wreaking havoc on millions of motorists.
Labor called for immediate nationwide injunctions about Just Stop Oil activities as slammed against Insulate Britain protesters last year.
They want a ban on protests at oil terminals and across the UK road network to make arrests easier.
Crisis meetings are held twice a day between the Ministry of Transport, the Ministry of the Interior and the Ministry of Economy.
No 10 said the public should continue buying fuel as usual after reports that one in three service stations in the south was running out of fuel.
“Help British Drivers”
By Howard Cox of FairFuelUK
MORE than 20 million motorists will take to the streets this Easter, but a foul stench of sickening exploitation hangs in thousands of garage forecourts.
Three weeks into the Spring Declaration, our hard-fought and historic 5p fuel tax cut appears to have gone unnoticed by much of the fuel supply chain.
Chancellor Rishi Sunak has the power and voter support to stop constant driver waste by launching PumpWatch, The Sun’s long-demanded independent fuel price watchdog.
It’s time the government started helping Britain’s 37 million drivers.
https://www.thesun.ie/motors/8641358/greedy-fuel-bosses-30million/ Brits are being ripped off at 20p a liter while greedy fuel bosses are raking in £30m a day