The Petrol pump pricing fiasco is over. Prices have returned to their over infalted, tax sadled highs of January 2012.
For the first time in months a steady drop in the price of our fuel has finally been seen for the past two weeks, and now the price of oil has dropped to below the $100.00 a barrel mark to $91.09 the price of our fuel should fall further.
Now this is the interesting bit about this whole exercise. Will it. Stories in the news recently have spoken of a price war at the petrol pumps. But don't be fooled. The price drops at the pumps only reflect the drops in the markets.
But the crisis isn't over yet, the ConDems are planning a further 3p a litre increase on Petrol later this year [contunued below]
First quarter 2012 Petrol Strike Crisis Prices
|19th Jan 2012||128.9 +||136.9 +|
|24th Jan 2012||129.9 +||137.9 +|
|27th Jan 2012||130.7 +||138.9 +|
|31st Jan 2012||130.7||138.7 -|
|7th Jan 2012||130.9 +||138.9 +|
|8th Feb 2012||130.9 +||137.9 -|
|14th Feb 2012||130.9||137.9|
|15th Feb 2012||130.9||137.9|
|21st Feb 2012||130.9||138.9 +|
|22nd Feb 2012||130.9||138.9|
|24th Feb 2012||131.9||139.7|
|1 Mar 2012||131.9||139.9|
|6th Mar 2012||132.7 +||139.7 -|
|9th March 2012||132.9 +||139.9+|
|13th March 2012||133.9||140.7|
|16th March 2012||133.9||140.9|
|26th March 2012||134.9 +||142.7|
|27th March 2012||134.9||142.9|
|28th March 2012||135.7||142.9|
Within the last few days, over 14,500 of FairFuelUK supporters have emailed their MP urging them to back the move in Parliament to stop the 3p per litre (that’s 16p a gallon when you include the VAT) rise planned for 1st August. That’s great progress , FairFuelUK already halfway to our target of over 25,000.
FairFuelUK are aiming to get a motion tabled in Parliament in late June which would see the 3p rise scrapped. If you haven’t already done so – please email your MP now. It’s so simple to do! Just click here. Every email makes the case stronger.
Some of the supporters are reporting that petrol/diesel prices have dropped a little over recent days. This has been caused by a drop in oil prices due to speculators ‘pulling out of oil’. We welcome any drop in prices. However, we mustn’t get lulled into a false sense of security. Petrol & diesel are still far too expensive and oil is almost certainly to go back up soon and the 16p tax rise is only weeks away.
Just a quick further point, MP Robert Halfon, who has done so much work in support of FairFuelUK in Parliament, has managed to secure a debate on Wednesday 23rd May in the Commons about the impact of Fuel Duty. This isn’t the ‘main campaign move’ in Parliament (that’s coming in June) – but it will certainly help keep the pressure up. So, if you are able to click here you’ll see that the email message we are suggesting you send encourages your MP to attend the debate on Wednesday as well as show support for our ‘main move’ later in June.
As Robert Halfon says,
I welcome the Prime Minister's recognition that families are struggling with fuel bills. That is why the Government cut fuel duty in 2011 and froze it again in January 2012. But fuel prices are still crushing our economy. I am urging the Government to think again on the August increase, and to do everything in their power to cut petrol and diesel prices at the pump’.