Another moan about petrol prices.
Posted: 06 Jan 2022, 06:43
From the RAC this time.
https://www.bbc.co.uk/news/business-59886270
I have little sympathy for two reasons. Firstly petrol is about the same price as it was was TEN years ago, and drivers have benefitted greatly from much reduced prices in the intervening years.
I would be delighted if bus or train fares were held to those prevailing ten years ago, most have roughly doubled.
Secondly petrol retailing is not in general particularly profitable, look at the number of filling stations that have closed down.
If the RAC really believe what they say, perhaps they should buy and operate a few filling stations themselves, they could either charge the going rate and share the huge profits with their members, or charge a lower price as a good will gesture.
https://www.bbc.co.uk/news/business-59886270
I have little sympathy for two reasons. Firstly petrol is about the same price as it was was TEN years ago, and drivers have benefitted greatly from much reduced prices in the intervening years.
I would be delighted if bus or train fares were held to those prevailing ten years ago, most have roughly doubled.
Secondly petrol retailing is not in general particularly profitable, look at the number of filling stations that have closed down.
If the RAC really believe what they say, perhaps they should buy and operate a few filling stations themselves, they could either charge the going rate and share the huge profits with their members, or charge a lower price as a good will gesture.